This is a public record generated listing.
Assets of Colorado Restaurant Business
Listing Information
Attachments
Assets of Colorado Restaurant Business
Price: $11,700,000.00
Other Item Info
Item #: cobke_513691
Created: 05/15/2023
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: Denver, Colorado
Sale Date: Fri. Jul 14, 2023
Created: 05/15/2023
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: Denver, Colorado
Sale Date: Fri. Jul 14, 2023
Seller Info
John F. Young
Seller
1700 Lincoln Street Suite 4000
Denver, CO 80203
303-830-0800
Seller
1700 Lincoln Street Suite 4000
Denver, CO 80203
303-830-0800
Bankruptcy Info
Case #: 1:23-bk-11919
Case Title: Bighorn Restaurants, LLC and Summit Restaurant Holdings, LLC
Court: Colorado Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Bighorn Restaurants, LLC and Summit Restaurant Holdings, LLC
Court: Colorado Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of assets of Bighorn Restaurants, LLC and Summit Restaurant Holdings, LLC which includes not less than 53 and up to 73 restaurants, with the potential to add up to 15 additional restaurants. The Acquired Assets includes Assumed Contracts and Assumed Leases, Fixed Assets, Inventory, Permits, Change Fund, Prepaid Expenses, Goodwill and other Intangibles, Point of Sale Equipment, Warranties, Tax Records, Advertising Materials, Avoidance Actions related to Assumed Contracts and Assumed Leases, Acquired Business Information.
Assets for sale is more described in attached PDF.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Sale Location
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Denver, CO, 80202
Additional Details
- Auction Time: 10:00 A.M
- Sale hearing on July 21, 2023
- Minimum bid: $250,000 over sale price
- Bid increment: $100,000.00
- Bid deposit: 5% of the aggregate value of the cash
- Bid deadline: July 10, 2023
- Last date to respond: July 18, 2023