Motorcycle Dealership in Wisconsin
Listing Information
Motorcycle Dealership in Wisconsin
Price: $2,150,000.00
Created: 09/18/2019
Category: Business Property > All Assets or Going Concerns > Automobiles & Parts
Sale Location: Milwaukee, Wisconsin
Sale Date: Tue. Oct 15, 2019
Debtor's Attorney
202 Mamaroneck Avenue Suite 300
White Plains, NY 10601
914-381-7400
Case Title: H2D Motorcycle Ventures, LLC
Court: Wisconsin Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of the Assets of H2D Motorcycle Ventures, LLC (“H2D”). H2D operated a Harley-Davidson dealership at 1925 S. Moorland Road, New Berlin, Wisconsin. The Assets are comprised primarily of inventory, parts and the “good will” value of the Harley-Davidson dealerships. The Assets include All inventory, parts, accessories, equipment, leasehold improvements good will, intangibles, dealership rights.
The Sale Assets include all inventory, parts, trade names, trademarks, copyrights, and other intellectual property and license rights owned by the H2D Motorcycle Ventures, LLC. The Assets shall specifically include without limitation the dealership rights to the Harley Davidson dealerships owned by the Sellers d/b/a Iron Town Harley Davidson (the “Dealer Agreement”) and the assets located at 1925 S. Moorland Road, New Berlin, Wisconsin (“New Berlin Premises”).
Financial Overview
Additional Details
- Auction Time - 10:00 a.m.
- Sale Hearing held on October 20, 2019
- Bid Amount - $2,250,000.00
- Bid Deadline - October 10, 2019 at 4:00 p.m.
- Bid Deposit - 10% of the Bid Amount
- Bids in increments of $25,000.00