This is a public record generated listing.
Assets of Massachusetts Restaurant Business
Listing Information
Attachments
Assets of Massachusetts Restaurant Business
Price: $750,000.00
Other Item Info
Item #: mabke_483474
Created: 05/27/2019
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Date: None Set
Created: 05/27/2019
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Date: None Set
Seller Info
Donald F. Farrell
Trustee's Attorney
240 Lewis Wharf
Boston, MA 02110
(617) 723-3600
Trustee's Attorney
240 Lewis Wharf
Boston, MA 02110
(617) 723-3600
Bankruptcy Info
Case #: 1:18-bk-11352
Case Title: 505 Congress Street, LLC
Court: Massachusetts Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: 505 Congress Street, LLC
Court: Massachusetts Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of assets of 505 Congress Street, LLC, including all Seller's right, title and interest in and to the furniture, fixtures, equipment, supplies, inventories, small wares, and other tangible assets of the Seller located at the seller's former premises at 505 Congress Street, Boston, MA (the "Premises"), all as particularly identified in Exhibit 1 on the attached PDF (the "Personalty") together with the sale/assignment of the seller's Common Victualler 7 Day All Alcohol Liquor License (the "Liquor License").
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
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Asset and Liability Summary ($)
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Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Purchase Price: The aggregate purchase price for the Assets is $750,000.00 (the “Purchase Price”). The Purchase Price is allocated as follows: $450,000.00 for the Liquor License, and $300,000.00 for the Personalty.
- Bid Amount: $787,500.00
- Bid Deposit: $25,000.00