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Restaurant Property and Related Assets for Auction in New York
Listing Information
Attachments
Restaurant Property and Related Assets for Auction in New York
Price: $1,500,000.00
Other Item Info
Item #: nysbke_286476
Created: 08/13/2020
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: New York, New York
Sale Date: Wed. Aug 26, 2020
Created: 08/13/2020
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: New York, New York
Sale Date: Wed. Aug 26, 2020
Seller Info
Fred Stevens
Trustee
570 Seventh Ave. 17th Floor
New York, NY 10018
(212) 972-3000
Trustee
570 Seventh Ave. 17th Floor
New York, NY 10018
(212) 972-3000
Bankruptcy Info
Case #: 7:18-bk-23419
Case Title: Meyzen Family Realty Assocaites, LLC
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Meyzen Family Realty Assocaites, LLC
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of substantially all of assets of Meyzen Family Restaurants, LLC and La Cremaillere Restaurant Corp. (the “Sellers”), including the real and personal property located at 46 Bedford Banksville Road, Bedford, New York (the “Property”), including the restaurant known as La Cremaillere, (the “Restaurant”) and certain assets related to the prior operation of the Restaurant (the “Personal Property” and, together with the Property and the Restaurant, the Restaurant Assets”).
Financial Overview
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Sale Location
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New York, NY, 10036
Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on September 2, 2020 at 10:00 a.m.
- Minimum Initial Overbid Amount: At a minimum, the Bid must have a Purchase Price that has a monetary value in cash or other cash equivalents equal to or greater than $1,570,000, representing the Stalking Horse Bid Purchase Price ($1,500,000), plus the maximum amount of the Expense Reimbursement ($50,000), plus a minimum overbid of $20,000.
- Bid Deposit: 10% of the proposed purchase price
- Bid Deadline: August 24, 2020
- Last date to respond: August 28, 2020