Item Id: Popolow01
Case Name: Popolow, Harris & Maxine Porter Popolow
Case Number: 20 06025
Starting Minimum Bid: $2,495
Description: Estate’s interest in one (1) 10 year agreement to franchise a Farr Better Ice Cream retail operation. Farr Better is a Utah based firm operating a variety of ice cream/yogurt stores in the Salt Lake City metro area. Farr Better signed a 10-year agreement with the debtors in 2018, so over 7 years remain in on the franchise rights.
The original cost of the franchise rights was $40,000 and that is PIF. We are not aware of any liens, or payments due on the rights themselves giving a new owner 7 years of rights to franchise or an approximate value of $28,000
Location Info: The firm is located in Layton, Utah. Copy of the entire original agreement will be provided to prospective bidders
Liens: We are not aware of any liens
Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..