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Estate’s Interest in Ongoing Contracts
Listing Information
Attachments
Estate’s Interest in Ongoing Contracts
Price: $15,000.00
Other Item Info
Item #: txsbke_450016
Created: 09/14/2021
Category: Business Property > Financial > Contract Rights
Sale Date: None Set
Created: 09/14/2021
Category: Business Property > Financial > Contract Rights
Sale Date: None Set
Seller Info
Marc Douglas Myers
Trustee's Attorney
2 Riverway, Suite 700
Houston, Texas 77056
(713) 626-1200
Trustee's Attorney
2 Riverway, Suite 700
Houston, Texas 77056
(713) 626-1200
Bankruptcy Info
Case #: 4:21-bk-31853
Case Title: Ashwood Development Company
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Ashwood Development Company
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of two still active construction/renovation projects (the “Contracts”):
- John and April Martin: This is a home renovation project for which rear gable roof expansion and dining room, kitchen and pantry/laundry renovation is not complete. The seller's estimate of potential profit in this project is approximately $9,100. The Trustee is advised that there is no written contract for this project; and
- Realty 1 Restaurant & Bar: This is a build out project for which the seller was the winning bidder. The seller's estimate of potential profit in this project is approximately $21,000.
Financial Overview
Income and Expenses ($)
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
Last date to respond: 21 days from the date of service
Date of Service: September 10, 2021