BALD HEAD ISLAND LIMITED, LLC ANNOUNCES THE SALE OF VEHICLE SALES & MAINTENANCE BUSINESS TO CARY CART COMPANY

Bald Head Island Limited, LLC is pleased to announce the sale of its Vehicle Sales and Maintenance Business and the island’s principal cart rental business to Cary Cart Company based in Raleigh, N.C. The sale includes the purchase of the business operations and associated real estate located along Edward Teach Wynd on Bald Head Island.

“Both Bald Head Island Limited and Cary Cart Company share excitement about the sale of Limited’s cart business and the future benefit to the island,” said Charles A. Paul, III, CEO of Bald Head Island Limited, LLC. “We spoke to a number of different cart retailers when considering the sale. Cary Cart Company’s product offerings, reputation and history with the island community made it a perfect fit.”

“With an office in the Triangle, we already count many island property owners as customers,” said Willie Pope, President of Cary Cart Company. “The expansion of our operation on Bald Head Island will allow us to better serve the island community and deepen our business footprint in southeastern North Carolina.”

“We couldn’t be more excited about the opportunity,” said Natalie Pope, Vice President of Cary Cart Company. “New cart sales will be a focus for us, and we’re pleased to be able to grow the island’s cart offerings. Cary Cart Company is an authorized dealer for Club Car, Garia and Atomic.” Along with the expanded new cart lines, the company will continue to provide maintenance for all electric cart brands, as well as gas- and diesel-powered vehicles.