| Name | Bankruptcy Auction: NYC Craft Beer Brewery |
|---|---|
| Auctioneer | AuctionAdvisors |
| Date(s) | 2/2/2018 |
| Preview Date/Time | Please Contact Auctioneer 800.862.4348 to Jolshin@AuctionAdvisors.com to arrange for Inspections. |
| Location | 463 East 173rd Street
Claremont Section Bronx, NY 10457 |
| Buyer Premium | Buyers Premium: NO Buyer's Premium. |
| Description |
Complete turnkey opportunity consisting of substantially all of the assets of this craft brewery, including exceptionally high quality brewing equipment (see summary below) and all of its intellectual property. Current installed annual capacity is 13,680 BBL/27,360 Kegs/424,000 Gallons, with space and ability to increase capacity at current location. The 10,000 SF premises has been totally retrofitted and spec’d for state-of-the-art brewing operation (completed late 2015).
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Auction Terms & Conditions Buyers Premium: NO Buyer's Premium will be added. Bid Amounts are aggregate consideration.
Closing: Seven (7) days after the entry of a final Sales Approval Order by the Bankruptcy Court (the "Closing Date"). If Purchaser is not assuming the lease, all purchased items must be removed from the Premises at such time.
Deposit Amount: (1) "Pre-qualifying Bids" on the entirety must be accompanied by a deposit of no less than $25,000, to be increased to 20% of the bid amount upon being informed that such bidder is the winning Bidder. (2) Bidders bidding on assets at auction must make a deposit at or immediately after the auction equal to 20% of bid amount. Can be made by corporate check, credit card (3% additional will be charged for credit card payments) or wire transfer into estate account.
Broker Co-op: Duly qualified and registered brokers with experience in selling breweries and/or brewing equipment shall receive a 2% coop fee.
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| Currency | USD |
|---|---|
| Buyer Premium | Buyers Premium: NO Buyer's Premium. |
| Payment Terms |
Deposit Amount: (1) "Pre-qualifying Bids" on the entirety must be accompanied by a deposit of no less than $25,000, to be increased to 20% of the bid amount upon being informed that such bidder is the winning Bidder. (2) Bidders bidding on assets at auction must make a deposit at or immediately after the auction equal to 20% of bid amount. Can be made by corporate check, credit card (3% additional will be charged for credit card payments) or wire transfer into estate account.
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