Banquet Hall Business in New Jersey
Listing Information
Banquet Hall Business in New Jersey
Price: $5,500,000.00
Created: 12/08/2016
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Location: Newark, New Jersey
Sale Date: Tue. Jan 10, 2017
Debtor's Attorney
1600 Route 208 North
Hawthorne, NJ 07507
973-238-8638
Case Title: Pleasandale Cocktail Lounge, Inc.
Court: New Jersey Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all the assets of Pleasandale Cocktail Lounge, Inc., including the land and buildings located at 609 Eagle Rock Avenue, West Orange, New Jersey, the New Jersey Liquor License (License No. 22161624797), and the banquet hall business including, but not limited to, licenses, permits, trademarks, patents, website domain, executory contracts, marketing data, all systems, fixtures, furniture, furnishings, appliances, and equipment therein, trading under the name of “The Atrium Country Club", and all of the following used in the operation of the business.
Shangol, Inc. d/b/a “The Atrium Country Club” operates as a banquet hall and caterer of fine cuisine ideal for exhibitions, galleries, banquets, corporate events, social events, and wedding ceremonies. Its venue and principal assets are located at 609 Eagle Rock Avenue, West Orange, New Jersey 07052.
Financial Overview
Additional Details
Sale Hearing in "COURTROOM 3E" @ 11:00 a.m.
The purchase price shall be allocated among the assets of the business as follows:
i. Real Estate: $5,475,000.00
ii. Liquor License: $25,000.00
Last date to respond: 7 days before the hearing date