Auction Information

Cherrydale Manufacturing, LLC (Barton's) Inventory & Intellectual Property


Date/Time: past auction
Location: 1035 Mill Road Allentown, PA 
Auction Type: Public Auction
Auction Categories: General Auctions, Industrial & Manufacturing, Restaurant Equipment

Auction Contact Information

Contact Name:  Joel Goldsmith
Company:  Continental Plants Group, LLC
Address:  445 Park Avenue (9th Floor)  New York NY, 10022
Phone:  (212) 757-1800
Fax:  (212) 208-2922

Auction Description

Major Chocolates and Confections Manufacturer.

INVENTORY: including $5 Million of Finished Products, Raw Materials, Packaging Materials and Finished Bulk Wrapped/Unwrapped goods.

INTELLECTUAL PROPERTY: Includes the Barton's brand. Cherrydale distributed chocolate and edible products to retailers in the United States and North America under the trademarks "Barton's", acted as a contract/tolling manufacturer for major food manufacturers and created private label branded confectionary chocolate products for major retailers and has been a leading manufacturer and distributor in the United States. The IP offering includes: Trade Marks, Trade Names, Catalogs, Recipes, Year-Round and Kosher Product Lines, Molds, Established Customer Lists and Sales Histories, Live Website, Domain Names, etc.

Inspection

Wednesday, June 24 from 10am to 4pm and 2 hours prior to auction time. Other inspections by appointment only.

Directions

From Philadelphia Airport: Take I-95 South for 4.7 mi, then take I-476 North 57.7 mi, take exit 56 onto US 22 towards Harrisburg, go approximately 3 miles and turn right onto Mill Road.

Terms & Conditions

TERMS & CONDITIONS OF SALE
1. Buyer is required to maintain a 25% deposit on all items purchased at the auction. This is a nonrefundable deposit and
will be forfeited in the event that a Buyer fails to close. Payments are accepted in the form of CASH, CASHIER’S CHECK
made payable to Great American Group, WIRE TRANSFER, or BUSINESS CHECK accompanied by an APPROVED BANK
LETTER OF GUARANTEE payable to Great American Group ONLY. NO EXCEPTIONS. All bidding and invoicing will be in US
Dollars ($); the above approved forms of payment must be made in US currency. ALL INVOICES MUST BE PAID WITHIN 24
HOURS OR THE DEPOSIT WILL BE FORFEITED TO AUCTIONEER.
2. $500 REFUNDABLE ENTRANCE DEPOSIT MAY BE REQUIRED TO REGISTER AND TO PARTICIPATE IN THE AUCTION.
3. A premium of 10% of the bid price will be added to the price of each item purchased. Taxes are calculated AFTER the buyer’s premium. Note: Buyer’s
premium for online purchase (via webcast) will be 13%.
4. ALL SALES ARE FINAL. NO EXCEPTIONS. The condition of the merchandise being offered varies. Buyer understands and
agrees: (1) that any description or sample of the merchandise given or furnished by Auctioneer is solely for identification,
and does not create any warranty, expressed or implied, that the merchandise actually conforms to such description or
sample; (2) that all merchandise is purchased and accepted by Buyer "AS IS-WHERE IS," ‘IN PLACE” and "WITH ALL FAULTS,
KNOWN AND UNKNOWN." AUCTIONEER MAKES NO WARRANTIES OR GUARANTEES WHATSOEVER WHETHER WRITTEN, ORAL OR
IMPLIED AS TO QUALITY, QUANTITY, CONDITION, LOCATION, USEABILITY, SALEABILITY, WEIGHT, MEASUREMENT, YEAR, MODEL,
MECHANICAL CONDITION, PERFORMANCE, FITNESS FOR A PARTICULAR PURPOSE OR OTHER SPECIFICATIONS.
MANUFACTURERS WARRANTIES MAY BE IN EFFECT. NO SALE SHALL BE INVALIDATED AND AUCTIONEER SHALL HAVE NO
LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTISEMENT OR
OTHERWISE. Descriptions have been prepared for guide purposes only and shall not be relied upon by Buyer for accuracy
or completeness. By submitting a bid, Buyer/Bidder affirms it has inspected all items or has waived its right to do so prior to
bidding. Buyers shall be deemed to have relied entirely upon their own inspections and investigations.
5. Buyers will be charged all applicable taxes unless SATISFACTORY PROOF OF EXEMPTION is provided to Auctioneer. If
satisfactory proof is not provided, Buyer will pay all applicable taxes to Auctioneer. Proof must be provided PRIOR to
removal of purchases. No taxes will be refunded once the purchases have left the site. Proof of exemption, subject to
approval by Auctioneer, includes VALID RESELLER’S PERMITS, STATE-ISSUED LETTERS OF EXEMPTION, BILLS OF LADING
provided by shipper for OUT-OF-STATE SHIPMENTS only, and any other documents as governed by applicable local, state,
and federal laws deemed acceptable at Auctioneer’s sole discretion. Taxes are calculated AFTER the buyer’s premium.
6. All articles will be sold to the highest bidder conforming to the bid process. Auctioneer reserves the right to sell articles
by individual group lots and “En Bloc” as he deems appropriate. Auctioneer reserves the right to group, reduce, add to or
delete lots. Auctioneer reserves the right to sell on behalf of third parties, its own account or on the account of others. In
the event there is a dispute between two or more claims of entitlement as the successful bidder, Auctioneer reserves the
right to re-auction the item in dispute. Auctioneer shall regulate all matters relating to the conduct of the auction and his
decision shall be final and binding on all bidders. Auctioneer shall be entitled to make changes in (the composition of) the
lots or to withdraw them, up until the last moment before the sale, refuse bids without having to state the reasons, in which
case the previous bi