Woodfin Town Administrator Jason Young said the town's ABC store is seeing its sales return to normalcy after a dip following the opening of the county's new ABC store four miles to the north in Weaverville.
Young believes the Weaverville store will not be able to sustain because of debt service payments.
"I am of the opinion that Weaverville overbought in land," he said. "If debt exceeds income, you can't stay in business."
The Weaverville store is located at the Northridge Commons shopping center.
The Weaverville ABC Board is anticipating $1.8 million in sales this fiscal year. The store had $71,000 in sales in the month of October after opening Oct. 21. More can be found on the financial status of ABC stores across the state here.
1 comment:
i agree, but they should just give it some time, bacause once more businesses come into the shopping center, more people will shop in there.
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