Forrest City, AR (February 5, 2020) – Nimocks Oil Company, Inc., dba Circle N Market (the “Company”) has announced the successful sale of all of its convenience stores and related assets to Jordan’s Kwik Stop, Inc. effective February 5, 2020. Corner Capital is pleased to have provided business valuation services and its structured sale process to assist Nimocks Oil Company in its corporate efforts.
Mallory and Carla Nimocks commented upon closing of the transaction, “We have had a long and fruitful journey in this industry, and we are excited to begin a new chapter as we transition our stores, customers and employees to a neighbor that shares our passion for the business and our community values. We know Jordan’s will continue our legacy and are pleased to have worked with them throughout this process.” Nimocks Oil Company is a second-generation marketer.
“As a long-time friend and business colleague of Mallory and Carla, it was an honor to assist and counsel them as they considered pursuing this effort,” commented Don Mitchell of Corner Capital, “and we greatly appreciate their trust and confidence in us throughout the process.”
About Corner Capital
Since 2006 Corner Capital has been providing financial and strategic advisory services to entrepreneurs, refiners and marketers, retailers, terminal and transportation operators, financial institutions and investors covering all trade channels of petroleum products in the Downstream Energy Industry. For more information, please visit http://www.cornercapitalpartners.com/ or contact P. A. Weber III (Andy) at [email protected], (805) 965-5510.