ATHLETIC-WEAR COMPANY

Auction by: Maltz Auctions

Bankruptcy Sale – Seeking Offers

Turn-Key Business Opportunity – Assets of Luxury Athleticwear Company

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Bankruptcy Sale –United States Bankruptcy Court Southern District of New York

In Re: Yoga Smoga, Inc. – Case # 16-13538-mew

Turn-Key Business Opportunity: Assets of Luxury Athleticwear Company

Finished Goods, High-End Fabrics & Intellectual Property

Currently Seeking Offers

Assets of Yoga Smoga Athletic/Yoga Apparel Company:

  • Finished Goods in Massachusetts (Estimated):
  •    16,000 Pieces of Assorted Finished Apparel
  •    $1,399,000 Estimated Retail Value of Finished Apparel
  •    9,400 Yoga Store Bags
  •    Please Download Attached Inventory List
  •    Assorted Samples Available for Viewing at Maltz’s Office in Long Island, NY
  • 37,000 Yards (Estimated) of High-End Fabric in Massachusetts
  • Intellectual Property:
  •    Goodwill Associated with Yoga Smoga Brand
  •    Domain YogaSmoga.com & Web Site Design
  •    Multiple Trademarks: Registered & Pending in the United States & Abroad (Please See Attached)
  •    Customer List (To Extent Permitted by Court)
  • Currently Seeking Offers, Call Richard Maltz at 516.349.7022 x 202

 

Yann Geron, Chapter 7 Trustee
 Reitler Kailas & Rosenblatt LLC, Attorneys for the Chapter 7 Trustee
 Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
 Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105 

The Assets are being sold “AS IS” “WHERE IS”“WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the Closing.  By delivering their respective Offers and/or Deposits, all Bidders acknowledge that they have had the opportunity to review and inspect the Assets, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Assets in making their bids. Neither Maltz, the Trustee nor any of their collective representatives makes any representations or warrantees with respect to the permissible uses, quantity or condition of the Assets.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Real Property and are not relying on any information provided by Maltz, the Trustee, or their professionals.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer to determine the accuracy of all components of the sale and Assets.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation physical attributes of the Assets.  All prospective bidders are urged to conduct their own due diligence prior to submitting an offer.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.

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