This is a public record generated listing.
Assets of Colorado Railroad Business
Listing Information
Attachments
Assets of Colorado Railroad Business
Price: $7,500,000.00
Other Item Info
Item #: cobke_488573
Created: 04/14/2021
Category: Business Property > All Assets or Going Concerns > Transportation
Sale Location: Denver, Colorado
Sale Date: Wed. May 26, 2021
Created: 04/14/2021
Category: Business Property > All Assets or Going Concerns > Transportation
Sale Location: Denver, Colorado
Sale Date: Wed. May 26, 2021
Seller Info
Jennifer M. Salisbury
Trustee's Attorney
1775 Sherman Street Ste 1950
Denver, CO 80203
(303) 830-0800
Trustee's Attorney
1775 Sherman Street Ste 1950
Denver, CO 80203
(303) 830-0800
Bankruptcy Info
Case #: 1:19-bk-18905
Case Title: San Luis & Rio Grande Railroad, Inc.
Court: Colorado Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: San Luis & Rio Grande Railroad, Inc.
Court: Colorado Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of assets of San Luis & Rio Grande Railroad, Inc (the “Seller”). The seller owns and operates a railroad that is approximately 150 miles long that primarily supports the transportation of grain, minerals, specialty rock products, and produce in southern Colorado.
Assets is more particularly described in Exhibit A from Page No. 24-25 on the attached PDF.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Sale Location
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Denver, CO, 80203
Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on June 1, 2021.
- Minimum Bid Amount: The aggregate cash consideration proposed by each Bid must be equal to, or exceed, the sum of (i) the Purchase Price set forth in the Stalking Horse Bid; (ii) the Breakup Fee; plus (iii) $250,000.00 of the Cash Purchase Price.
- Bid Increment: $25,000
- Bid Deposit: $500,000
- Bid Deadline: May 21, 2021
- Last date to respond: June 1, 2021