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Three Liquor Licenses for Sale
Listing Information
Attachments
Three Liquor Licenses for Sale
Price: $2,000,000.00
Other Item Info
Item #: njbke_1057047
Created: 08/01/2020
Category: Business Property > Intellectual Property > Licenses/Intellectual Property
Sale Location: Trenton, New Jersey
Sale Date: Tue. Sep 8, 2020
Created: 08/01/2020
Category: Business Property > Intellectual Property > Licenses/Intellectual Property
Sale Location: Trenton, New Jersey
Sale Date: Tue. Sep 8, 2020
Seller Info
Brian Thomas Crowley
Trustee's Attorney
115 Maple Avenue Suite 201
Red Bank, NJ 07701
732-383-7233
Trustee's Attorney
115 Maple Avenue Suite 201
Red Bank, NJ 07701
732-383-7233
Bankruptcy Info
Case #: 3:19-bk-32365
Case Title: Wine Utopia, LLC
Court: New Jersey Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Wine Utopia, LLC
Court: New Jersey Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of three liquor licenses, and more described as follows:
- Plenary Retail Distribution Liquor License No. 1345-44-004-015 (“WU License No. 1”) for $400,000;
- Plenary Retail Consumption Liquor License No. 1345-32-001-008 (“WU License No. 2”) for $900,000; and
- Plenary Retail Distribution Liquor License No. 1336-44-004-013 (“FT License No. 1”) for $700,000.
Financial Overview
Income and Expenses ($)
months
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Asset and Liability Summary ($)
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Liabilities to assume:
Additional Details
- Sale Hearing in "Courtroom 3" @ 12:00 a.m.
- Bid Deposit: All bidders must have $1,000,000 in certified funds on the hearing date in order to bid for all three (3) licenses or the following amounts as to each license: (i) The WU License No. 1 in the amount of $200,000; (ii) The WU License No. 2 in the amount of $450,000; and (iii) The FT License No. 1 in the amount of $350,000.
- Last date to respond: 7 days prior to the sale hearing