Over $3 million of Agway Farm & Home Supply Inventory for Sale

ABC Services Group is soliciting overbids from parties interested in purchasing a bulk sale of over $3M at cost of Agway Farm & Home Supply ("Agway") inventory.
abcauctionservices.com
949.922.1211
NOTICE OF OVERBID OPPORTUNITY
Bid Deadline:
Monday, October 10, 2022
at 5:00pm ET
Auction:
Wednesday, October 12, 2022
at 10:00am ET
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Over $3M of Agway Inventory
For Sale Subject to Overbid
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ABC Services Group is soliciting overbids from parties interested in purchasing a bulk sale of over $3M at cost of Agway Farm & Home Supply, LLC ("Agway") inventory. Agway is a wholesale product distribution company with Distribution Centers located in Cloverdale, VA and Westfield, MA, which previously serviced over 1,500 retail customers consisting of both Agway banner stores and non-branded independent dealers. The Agway product mix includes but is not limited to, Seasonal Home & Hardware, Lawn & Garden, Bird Food & Supplies, Pet Food & Supplies, Animal Health Needs and Farm Products. For more information on the Agway Inventory that totals over 10,000 active SKU's, please visit: https://www.agway.com/products.
– THE OVERBID OPPORTUNITY –
The inventory offered for sale is a large bulk sale of inventory purchased by the Stalking Horse Bidder, subject to overbid. Parties interested in submitting an overbid must accompany their bid with a cash deposit of $250,000. The initial overbid must not be less than 49% of cost. As of September 12, 2022, the total cost value of the inventory subject to the stalking horse bid was approximately $3M. The Bidding Procedures and a detailed list of the Stalking Horse Bid sale inventory is posted in the Data Room as schedule 1.1 to the Stalking Horse Bidder's Asset Purchase and Sale Agreement. Information posted in the Data Room will be made available upon signing a Non-Disclosure Agreement available below. For more information, please contact the undersigned.
For more info: Charles Klaus, ABC Services Group, Inc.
13681 Newport Ave., #8-609, Tustin, CA 92780
Phone: 949.922.1211 | chuck@abcservices.group