International Business Exchange (IBEX) successfully brokered the sale of the business Razorback Grocery & Feed located in Greers Ferry, AR on December 1st, 2006 to a private individual. IBEX acted as the merger and acquisition advisor to the deal, helping the business owner list, market, wade through buyers, due diligence and close the deal. Razorback Grocery and Feed is located in Greers Ferry, Arkansas, a beautiful lake resort area on Greers Ferry Lake. The store was established in 1970 and is a landmark business for the area with the Greers Ferry Post Office located in the store. It is truly a general store with 10,000 square feet divided into three areas: groceries, feed and variety store items. Additional Information on the area is in Appendix C or on the following web site: Being located in a resort area, the business activity is seasonal with the high season being from April through October. The area population increases in this period to over 125,000. The base population also continues grow 5% to 10% annually, primarily due to being a desirable retirement location. This seasonal business environment insures that there will not be a Wal-Mart built in the area for many years, if ever.