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Assets of Taxi and Cab Services Business

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Listing Information

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Assets of Taxi and Cab Services Business



Price: $1,720,000.00


Other Item Info
Item #: txsbke_451061
Created: 07/21/2021
Category: Business Property > All Assets or Going Concerns > Transportation
Sale Location: Houston, Texas
Sale Date: Tue. Aug 3, 2021
Seller Info
RICHARD FUQUA
Debtor's Attorney
5005 Riverway, Ste. 250
Houston, TX 77056
713-960-0277
Bankruptcy Info
Case #: 6:21-bk-60065
Case Title: Texas Taxi, Inc.
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of substantially all of assets of Texas Taxi, Inc. (collectively, the “Sellers”), including the following:

  • All vehicles owned by Seller;
  • All machinery, equipment, tools, furniture, office equipment, dispatch equipment, computer hardware, installed vehicle equipment, supplies, materials, and other items of tangible personal property used in the Business of every kind owned or leased by Seller (wherever located and whether or not carried on the books of the Seller), together with any
  • express or implied warranty by the manufacturers or sellers or lessors of any item or component part thereof and all maintenance records and other documents relating thereto (“Tangible Personal Property”);
  • All rights and interests of Seller in the Assumed Contracts;
  • All approvals, consents, licenses, registrations, or permits issued, granted, given or otherwise made available by or under the authority of any governmental body or pursuant to any applicable federal, state, local, municipal, or other law, ordinance, code, regulation, or statute (“Legal Requirements”) relating to the Business and all pending applications therefor or renewals thereof (“Governmental Authorizations”), in each case to the extent transferable to Buyer;
  • Copies of all information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form (“Records”) related to the operations of the Business, including client and customer lists, referral sources, production reports, service and warranty Records, logs, operating guides and manuals, and, subject to applicable Legal Requirements, copies of all personnel Records of Employees (as defined herein); and
  • All intellectual property owned by Seller, including without limitation telephone and fax numbers and related listings, domain names, URLs, trademarks and trade names used solely in the operation of the Business.

Sale Location

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8558 Katy Freeway, Suite 119
Houston, TX, 77024

Additional Details

  1. Auction Time: 11:00 a.m.
  2. Bid Increment: The first Qualified overbid shall be in the amount of $200,000 in cash, thereafter any Qualified overbid shall be in the amount of $50,000 in cash.
  3. Bid Deposit: 10% of the purchase price
  4. Bid Deadline: July 28, 2021
  5. Last date to respond: 2 days prior to the sale hearing


Other Information

Terms and Conditions:

See Attached.


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