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Assets of Michigan Restaurant Business

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Listing Information

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Assets of Michigan Restaurant Business



Price: $1,525,000.00


Other Item Info
Item #: miebke_816678
Created: 08/12/2016
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: Plymouth, Michigan
Sale Date: Wed. Sep 14, 2016
Seller Info
Rodney M. Glusac
Trustee's Attorney
Suite 100
Plymouth, MI 48170
(734)416-1780
Bankruptcy Info
Case #: 2:15-bk-48132
Case Title: Frank's Holdings, L.L.C.
Court: Michigan Eastern Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Sale of Assets of Frank's Holdings, L.L.C., describe as below:

  • Improved commercial real property commonly known 37400 Jefferson Avenue, Harrison Township, Michigan for $1,425,000
  • Interest in a Class C Resort liquor license, No. 117778-2015, issued by the State of Michigan, together will a specially designated merchant permit No. 117779-2015 for $25,000, and
  • restaurant kitchen equipment, restaurant furniture and fixtures, including tables, chairs, signs, beer coolers, bar stools, railings, televisions, projectors, VCRs, wall art, smoke eaters, silk flowers, podiums, and tiki trees, which are located at the Real Property for $75,000

Sale Location

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1058 Maple Street, Suite 100
Plymouth, MI, 48170

Additional Details

  1. SaleTime: 01:00 PM
  2. Bid Amount: $1,550,000
  3. Bid Deposit Amount: $25,000
  4. Bid Increment Amount: $25,000
  5. Bid Deadline: September 12, 2016
  6. Last date to respond - 21 Days from the Date of service
  7. Date of Service - August 10, 2016


Other Information

Terms and Conditions:

See attached.


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