This is a public record generated listing.
Assets of Restaurant Business
Listing Information
Attachments
Assets of Restaurant Business
Price: $250,000.00
Other Item Info
Item #: ilsbke_183941
Created: 04/27/2019
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: Edwardsville, Illinois
Sale Date: Thu. May 16, 2019
Created: 04/27/2019
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: Edwardsville, Illinois
Sale Date: Thu. May 16, 2019
Seller Info
Steven M Wallace
Debtor's Attorney
130 N Main St PO Box 510
Edwardsville, IL 62025
618-307-1185
Debtor's Attorney
130 N Main St PO Box 510
Edwardsville, IL 62025
618-307-1185
Bankruptcy Info
Case #: 3:19-bk-30269
Case Title: Treasure Isles, Inc.
Court: Illinois Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Treasure Isles, Inc.
Court: Illinois Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of the assets of the Treasure Isles, Inc. used in the operations of its Long John Silver’s and A&W Root Beer business. The sale assets includes:
- All Inventory, equipment, furniture, fixtures, supplies, cash banks, books and records located at the Stores (including equipment located at Stores in locations that the Prospective Purchaser does not intend to operate), and all other tangible personal property owned by the Target and associated with and currently located at each of the Stores;
- All goodwill, rights and other intangible property used in, associated with or necessary to operate the Stores that are owned by the Target; and
- All claims related to the Assets.
Financial Overview
Income and Expenses ($)
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
Javascript is required to view this map.
Edwardsville, IL, 62025
Additional Details
- Sale Hearing Held on May 16, 2019.
- Auction Time: 10:00 a.m.
- Bid Incremnet: $10,000.00
- Bid Deposit: $50,000.00
- Bid Deadline: 5 days business prior to the sale hearing
- Last date to respond: 5 days business prior to the sale hearing