This is a public record generated listing.
Plumbing Business for Sale
Listing Information
Attachments
Plumbing Business for Sale
Price: Not Specified
Other Item Info
Item #: msnbke_147937
Created: 05/22/2014
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: Aberdeen, Mississippi
Sale Date: Wed. Jun 11, 2014
Created: 05/22/2014
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: Aberdeen, Mississippi
Sale Date: Wed. Jun 11, 2014
Seller Info
Craig M. Geno
Debtor's Attorney
Post Office Box 3380
Ridgeland, MS 39158
601-427-0048
Debtor's Attorney
Post Office Box 3380
Ridgeland, MS 39158
601-427-0048
Bankruptcy Info
Case #: 1:13-bk-14506
Case Title: Sanderson Plumbing Products, Inc.
Court: Mississippi Northern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Sanderson Plumbing Products, Inc.
Court: Mississippi Northern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of Substantially all assets of Sanderson Plumbing Products, Inc. which manufactures and markets bathroom and toilet seating products for aircraft, commercial, residential, and healthcare applications in Aberdeen, MS.
Assets for Sale includes:
(i) Real Property in “Columbus, Mississippi” and “Butler, Alabama”;
(ii) Machinery and Equipment located at Columbus, Mississippi;
(iii) Machinery and Equipment located at Butler, Alabama;
(iv) Intellectual property;
(v) Contracts and Inventory and all Accounts Receivable (A/R).
The Sale Assets are more described in “Article II, Exhibit B” on the attached PDF.
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:
Additional Details
Sale Hearing in U.S Bankruptcy Court,
703 Hwy 145N, Aberdeen, MS 39730
Sale Hearing time: 1:30 P.M.
Bid deposit in the amount of $150,000.00 if bidding on substantially all assets more than one Bid Lot, or $100,000.00 if bidding for only one Bid Lot.
Minimum Bid Increment: $25,000
Bid Deadline: June 6, 2014