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Assets of Health and Fitness Club Business

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Assets of Health and Fitness Club Business



Price: $80,000,000.00


Other Item Info
Item #: txnbke_485347
Created: 06/03/2020
Category: Business Property > All Assets or Going Concerns > Support Services
Sale Location: Dallas, Texas
Sale Date: Mon. Jul 13, 2020
Seller Info
Aaron Michael Kaufman
Debtor's Attorney
1201 Elm St., Suite 3300
Dallas, TX 75270
214-698-7821
Bankruptcy Info
Case #: 3:20-bk-31318
Case Title: GGI Holdings, LLC
Court: Texas Northern Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of all or a substantial portion of the assets of GGI Holdings, LLC and its affiliates (collectively, the “Sellers”), including the equity ownership of Gold’s Gym International, Inc. and its subsidiaries, or the underlying assets held by such subsidiaries, including the franchising, merchandising and licensing businesses associated with the Gold’s Gym brand, all gym-related equipment and other associates maintained for the sellers company-owned gyms, all intellectual property, all cash and cash equivalents, all executory contracts and unexpired leases and any other assets owned by the sellers as necessary to maintain their business (collectively, the “Assets”).


Sale Location

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1717 Main Street, Suite 4200
Dallas, TX, 75201

Additional Details

  1. Auction Time: 9:00 a.m.
  2. Sale Hearing Held on July 17, 2020
  3. Bid Increment: $100,000
  4. Bid Deposit: 10% of the Potential Bidder’s proposed purchase price
  5. Bid Deadline: July 9, 2020
  6. Last date to respond: July 15, 2020


Other Information

Terms and Conditions:

See Attached.


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