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Assets of Ready Mix Concrete Supplier Business
Listing Information
Attachments
Assets of Ready Mix Concrete Supplier Business
Price: $900,000.00
Other Item Info
Item #: nysbke_318127
Created: 10/08/2024
Category: Business Property > All Assets or Going Concerns > Construction & Materials
Sale Location: New York, New York
Sale Date: Thu. Oct 17, 2024
Created: 10/08/2024
Category: Business Property > All Assets or Going Concerns > Construction & Materials
Sale Location: New York, New York
Sale Date: Thu. Oct 17, 2024
Seller Info
Brendan M. Scott
Debtor's Attorney
570 Seventh Avenue 17th Floor
New York, NY 10018
212-972-3000
Debtor's Attorney
570 Seventh Avenue 17th Floor
New York, NY 10018
212-972-3000
Bankruptcy Info
Case #: 4:23-bk-35835
Case Title: Titan Concrete, Inc.
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Titan Concrete, Inc.
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of assets of Titan Concrete, Inc. (the “Seller”), which includes:
- All inventory, supplies, and other miscellaneous assets owned by Seller, and used in the course of the Business, including, without limitation, concrete production materials, such as sand, stone, aggregate, cement, and other raw materials (collectively, “Inventory”) on the ground and in the silos at the Bronx Location;
- All furnishings, fixtures, and equipment, and other tangible personal property, listed on the finalized schedule of assets provided by Seller (“Final Schedule of Assets”) and attached hereto as Schedule 1.1(a)(ii);
- All rights under those contracts and leases set forth on Schedule 1.1(a)(iii) attached hereto (including to any corresponding deposits and prepaid expenses, and open orders for the purchase and sale of products and services related to the Business) (the “Assumed Contracts”); provided that Buyer may amend Schedule 1.1(a)(iii), in its sole and absolute discretion, at any time before fourteen (14) days prior to the Closing;
- All registered and unregistered intellectual property and digital presence, including all of the Business’s: (1) brands, trademarks, service marks, trade names, trade dress, corporate names, and business names (including, without limitation, the name “Titan Concrete”), logos, slogans, and designs; (2) copyrights; (3) patents; (4) proprietary information; (5) digital profiles, including, without limitation, social media and/or online directory profiles that Seller can access or control, including, without limitation, to the Facebook, ProCore, and Indeed profiles; (6) websites, URLs, and domain names; (7) information, labels, pictures, and detail contained in the back-end to any website; (8) code written for any web applications; (8) databases used to power all web applications; (9) hosting accounts and relationships; and (10) telephone, fax numbers, passwords, and email addresses used in connection with the foregoing; and (11) computer software and related documentation or similar licenses and trade secrets owned by and used in the Business, and all goodwill associated therewith, including the items listed and described in Schedule 1.1(a)(ii) (the “IP Assets”);
- All computer hardware and software owned by Seller and used in the Business;
- All rights, causes of action (other than Avoidance Actions under Article 5 of the Bankruptcy Code), and claims, known or unknown, matured or unmatured, accrued or contingent, against third parties (including all rights under warranties, indemnities, and other contractual claims, whether express, implied. or otherwise), to the extent related to any Purchased Assets or the Business;
- All customer lists;
- All claims under existing insurance policies to the extent such policies may provide coverage or a defense with respect to the Purchased Assets;
- Any and all transferable federal, state, local and foreign governmental Permits, authorizations, and approvals of Seller related to the Business;
- All goodwill associated with the Business, telephone numbers, facsimile numbers, and other intangible property; and
- All other assets of any kind and nature used by Seller in the operation of the Business or which relate to the Purchased Assets, except for the Excluded Assets.
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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New York, NY, 10036
Additional Details
- Auction Time: 10:00 a.m.
- Bid Deposit: 5% of the purchase price
- Bid Deadline: October 15, 2024