"You have a break-even situation for the past six months," Johnny Britt, an auditor with S. Preston Douglas & Associates, told town commissioners Tuesday.
reviewed the store's financial records from July 1 to Dec. 31.
Town commissioners had requested the review to determine where the store stands financially.
According to Britt
, the store as of Dec. 31 had total assets of $116,789.
Liabilities totaled about $79,000.
said that if the store was closed on Dec. 31, it net assets for the six months would have been about $37,000.
"This $37,000 would have been split between Maxton
and the county," he
would have gotten 65 percent and the county 35 percent."
said that there may need to be some restructuring in the hours the store is open and the number of employees who work at a certain time if the store is to remain profitable.