MED IND.

THE FURNITURE COMPANY TESTIMONY 


Jim Huene: My name is Jim Huene. I live in Wilmington, North Carolina. I've been in the furniture business for 38 years. I had a family-owned furniture store here in Wilmington that we started in 1996. We were a full-line store. We were a medium price range store. Kincaid, Bassett, that was our primary focus. As with most things, we'll be turning 67 this next July and my son did not want to continue with the business.

We talked with a number of experts about disposal of assets and met with PFP and several others. At the end of the day, PFP, in my estimation, was the right fit for our company. We started the sale last fall. The sale ended in late January or early February. The sale far exceeded my expectations. Every number that I was quoted from the onset of the conversation by Roy Hester was exceeded. I was completely happy with the management team that was on our location. They did everything they said they'd do and left the store swept clean.

They handled themselves in a very professional manner. We had no customer complaints, no issues, no disputes. Everybody hated to see us go, but we had no contentious situations throughout the entire event. I'd hire them again and recommend them to anyone else that needs to either have an event and raise cash or go out of business as we chose to do. Anyone can feel free to call and I'll be glad to discuss the event with them in depth.