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Assets of Saloon and Spa Services Company

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Assets of Saloon and Spa Services Company



Price: $7,108,646.00


Other Item Info
Item #: debke_175501
Created: 01/07/2019
Category: Business Property > All Assets or Going Concerns > Leisure Goods
Sale Location: Wilmington, Delaware
Sale Date: Thu. Feb 7, 2019
Seller Info
Gregory Taylor
Debtor's Attorney
500 Delaware Avenue, 8th Floor P.O. Box 1150
Wilmington, DE 19899
302-654-1888
Bankruptcy Info
Case #: 1:19-bk-10031
Case Title: Beauty Brands, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Sale of assets of Beauty Brands, LLC which includes:

  • Merchandise from the Core Stores by means of a “store closing”, “sale on everything”, “going out of business”, “everything must go”, or similar sale. Merchandise is defined in the Stalking Horse APA as all (i) new, finished, first-quality saleable goods (including without limitation Liter Goods) in the ordinary course of business located at the Stores as of the applicable Sale Commencement Date (including Merchandise subject to Gross Rings), (ii) Defective Merchandise, and (iii) Distribution Center Merchandise and On- Order Merchandise, if any, received at the Stores no later than fourteen days after the applicable Sale Commencement Date, provided that if such goods are received at the Stores after such fourteen day period, but on or before twenty eight days after the applicable Sale Commencement Date, such goods shall be included in the Sale as Merchandise at the Cost Value and Retail Price of each good multiplied by the inverse of the then prevailing Sale discount for each such good; and
  • The Owned FF&E in the Stores. Owned FF&E is defined in the Stalking Horse APA as all furniture, furnishings, trade fixtures, machinery, equipment, office supplies, Supplies, conveyor systems, racking, rolling stock, and other personal property located at the Cores Stores, the Debtors’ warehouse/distribution centers, and the Debtors’ corporate office that are owned by the Sellers.

Sale Location

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500 Delaware Avenue, 8th Floor
Wilmington, DE, 19801

Additional Details

  1. Auction Time: 9:00 A.M
  2. Sale hearing on February 8, 2019
  3. Minimum bid: $7,108,646.00
  4. Bid increment: $100,000.00
  5. Bid deadline: February 4, 2019
  6. Last date to respond: February 1, 2019


Other Information

Terms and Conditions:

See Attached.


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