This is a public record generated listing.
Assets of School Bus Transportation Services Business
Listing Information
Attachments
Assets of School Bus Transportation Services Business
Price: Not Specified
Other Item Info
Item #: nyebke_485601
Created: 08/05/2020
Category: Business Property > All Assets or Going Concerns > Transportation
Sale Location: Central Islip, New York
Sale Date: Mon. Aug 24, 2020
Created: 08/05/2020
Category: Business Property > All Assets or Going Concerns > Transportation
Sale Location: Central Islip, New York
Sale Date: Mon. Aug 24, 2020
Seller Info
Sean C. Southard
Debtor's Attorney
570 Seventh Avenue 17th Floor
New York, NY 10018
(212) 972-3000
Debtor's Attorney
570 Seventh Avenue 17th Floor
New York, NY 10018
(212) 972-3000
Bankruptcy Info
Case #: 8:20-bk-72121
Case Title: Baumann & Sons Buses, Inc.
Court: New York Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Baumann & Sons Buses, Inc.
Court: New York Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of substantially all of their personal property assets of Baumann & Sons Buses, Inc., including the personal property assets used in the operation of their transportation business including all school buses and vans, spare parts, and equipment (but excluding cash, accounts receivable, litigation claims and other non-physical assets) (collectively, the “Transportation Assets”).
Assets is more described 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:
Additional Details
- The sellers have tentatively scheduled virtual Public Sale dates of August 24-26, 2020, September 9-11, 2020 and September 23-25, 2020.
- Bid Deposit: 25% of the purchase price
- Bid Deadline: 24 hours prior to the scheduled close of the Public Sale
- Last date to respond: One week prior to sale hearing