Cupcake Specialty Retail Business for Sale

Sale of Substantially all Assets of Crumbs Bake Shop, Inc., the sale assets includes, all Assumed Contracts, all raw materials, work in process and inventory, fixed assets, leasehold improvements, equipment, tangible personal property and interests, prepaid expenses, prepaid rents, prepaid insurance utility deposits and deposits on contractual obligations, assignable permits, all cash and cash equivalents, all files, books and records, all rights in, to and under the Real Estate Leases of the Seller Disclosure Schedule, all rights, claims and causes of action, all warranties, guarantees and similar rights related to the Purchased Assets, all accounts receivable and all intangible assets and goodwill of the Sellers including the Purchased Intellectual Property.

The Company were one of the largest, most recognizable brand name cupcake specialty retailers in the United States. While cupcakes comprised a majority of their sales, the Sellers also offered other baked goods, including push up pops, cakes, cookies, pastries, scones, croissants, brownies and muffins as well as hot and cold beverages. The company offered these products through retail stores, an e-commerce division, catering services and a wholesale distribution business. The company operated 49 stores in New York, New Jersey, Illinois, Washington, D.C., Connecticut, Massachusetts, Delaware, Pennsylvania, Rhode Island, Maryland and Virginia.