This is a public record generated listing.
Assets of Automotive Selling and Repair Business
Listing Information
Attachments
Assets of Automotive Selling and Repair Business
Price: Not Specified
Other Item Info
Item #: pambke_263980
Created: 08/14/2019
Category: Business Property > All Assets or Going Concerns > Automobiles & Parts
Sale Date: None Set
Created: 08/14/2019
Category: Business Property > All Assets or Going Concerns > Automobiles & Parts
Sale Date: None Set
Seller Info
Robert E Chernicoff
Debtor's Attorney
2320 North Second Street
Harrisburg, PA 17110
717 238-6570
Debtor's Attorney
2320 North Second Street
Harrisburg, PA 17110
717 238-6570
Bankruptcy Info
Case #: 1:19-bk-02857
Case Title: Northwoods Auto, Inc.
Court: Pennsylvania Middle Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Northwoods Auto, Inc.
Court: Pennsylvania Middle Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of assets of Northwoods Auto, Inc. which includes various tangible and intangible personal property, including, but not limited to, new vehicle inventory; demo vehicles; used vehicle inventory; company vehicles; parts and accessories; miscellaneous supplies; machinery, shop and office equipment; service and body shop work completed, but not yet invoiced; and certificates, permits, approvals and licenses.
Assets for sale is more described in 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 price: $600,000.00 for the dealership good will and intangibles (the “Intangibles”) and Long will purchase the new vehicles, used vehicles and parts at cost, less certain credits. The total consideration payable is approximately $3,600,000.00