Three Restaurants and Related Assets in California
Listing Information
Three Restaurants and Related Assets in California
Price: $1,300,000.00
Created: 03/21/2017
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: Riverside, California
Sale Date: Wed. Apr 12, 2017
Debtor's Attorney
2030 Main St #1600
Irvine, CA 92614
949-851-7450
Case Title: Walter J. Knezevich Inc., an Idaho Corporation
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of Assets of Walter J. Knezevich Inc., including the interests in franchise agreements and leases. The Sale include remaining business operations consisting of three KFC restaurants as a going concern. The three KFC restaurants is operating at the following locations:
- 2294N. Garey Avenue, Pomona, California 91767 (the "Garey Restaurant");
- 3758. Mission Avenue, Pomona, California 91766 (the "Mission Restaurant"); and
- 18585 Van Buren Blvd., Riverside, Califomia 92508 (the "Van Buren Restaurant").
The Sale Assets also include all personal property located at its three restaurants, including all stock in trade, merchandise, fumiture, frxtures, equipment, computers, client list, mailing list, and goodwill, as well as stored property consisting of restaurant furniture and equipment from the two closed locations, which is located in a storage unit at contained in a storage unit located at Dollar Self Storage #3,205 N. Lincoln Avenue, Corona, CA92882, Unit No. 322.
Financial Overview
Additional Details
- Sale Hearing in "Courtroom 301" @ 1:30 p.m.
- Bid Deadline: April 7, 2017 at 5:00 p.m.;
- Bid Amount: $1,325,000.00;
- Subsequent overbids shall be in increments not less than $25,000.00;
- Bid Deposit: at least $100,000.00