This is a public record generated listing.
Assets of Texas Metal Supplier
Listing Information
Attachments
Assets of Texas Metal Supplier
Price: $2,900,000.00
Other Item Info
Item #: txsbke_430616
Created: 04/21/2019
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Date: Mon. May 6, 2019
Created: 04/21/2019
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Date: Mon. May 6, 2019
Seller Info
HS Admin
Debtor's Attorney
5051 Westheimer, Suite 1200
Houston, TX 77056
Debtor's Attorney
5051 Westheimer, Suite 1200
Houston, TX 77056
Bankruptcy Info
Case #: 4:19-bk-31268
Case Title: Arsham Metal Industries, Inc.
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Arsham Metal Industries, Inc.
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of assets of Arsham Metal Industries, Inc. which includes:
- Real Property. The Land consists of (i) a tract of land located at 11280 Charles Road, Houston, Harris County, Texas, LT 36B FAIRVIEW GARDENS SEC 1 PAR R/P 4.3625 AC (HCAD 064-015-000-0036), as more particularly described on Exhibit “A” attached hereto and incorporated herein for all purposes (the “Land”), together with (a) all buildings, structures, fixtures and improvements situated on, in or under the Land (the “Improvements”), and (b) all of Seller’s right, title and interest in and to the appurtenances pertaining to the Land (hereinafter collectively referred to as the “Appurtenant Property”), including, but not limited to, all right, title and interest of Seller in and to adjacent roads, rightsof- way, alleys, drainage facilities, easements and utility facilities and strips and gores between the described Land and abutting properties, if any. The Land, Improvements, and Appurtenant Property are sometimes hereinafter referred to as the “Real Property”.
- Personal Property. Except for the tangible and intangible personal property listed on Schedule 1.2(a) attached hereto (the “Excluded Personal Property”), all personal property set forth on Schedule 1.2(b) attached hereto (the "Scheduled Personal Property"), together with all of Seller’s right, title and interest in any personal property owned by Seller as of the date hereof and all of Seller’s right, title and interest in any personal property owned by Seller on the date of Closing, including, without limitation, all inventory, furniture, furnishings, fixtures, fittings, appliances, apparatus, equipment, tools, machinery, maintenance supplies, heating, ventilating, air-conditioning, incinerating, lighting, plumbing and electrical fixtures, hot water heaters, furnaces, heating controls, motors and boiler pressure systems and equipment, contract rights, claims, systems, names, “doing business as” names, goodwill, trademarks, websites, domain names, ecommerce names, social media accounts, email addresses, telephone numbers, facsimile numbers, logos, customer information, vendor information, books, records, files and other items of tangible and intangible personal property (collectively hereinafter referred to as the “Personal Property”).
- Licenses and Permits. To the extent assignable by Seller to Buyer all of Seller’s right, title and interest in and to (i) licenses, permits, certificates of occupancy, or similar documents relating to the Real Property and Personal Property, and (ii) plans, drawings, specifications, surveys, engineering reports and other technical descriptions of the Real Property, if any (collectively, the “Licenses and Permits”).
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
- Auction Time: 9:00 A.M
- Sale hearing on May 6, 2019 at 4:00 p.m.
- Minimum bid: $50,000.00 more than sale price
- Bid increment: $25,000.00
- Bid deadline: May 3, 2019
- Last date to respond: April 30, 2019