屑买方出价链预科是不成问题的ares to Emerge From BankruptcyLemonis Fischer's $6.5 million bid for the cupcake chain went unchallenged by the public, meaning the final sale of the company is less than a week away.
ByKate Taylor•
Opinions expressed by Entrepreneur contributors are their own.
In a speedy turnaround, Crumbs is about to emerge from bankruptcy with new owners.
Lemonis Fischer Acquisition Co.'s $6.5 million bid for Crumbs Bake shopwent unchallengedon Tuesday, theNew York Postreports. The final sale of the cupcake chain is set to be approved in New Jersey bankruptcy court on Aug. 26.
Lemonis Fischer is a joint venture by CNBC star Marcus Lemonis and investment company Fisher Enterprises, which is also the owner of Dippin' Dots.
The two investors first announced their plan to buy the cupcake chain in July, a week after Crumbs abruptly closed all its stores. The public was offered the chance to beat Lemonis Fischer's bid of $1 million in financing to minimize damages plus a $5.5 million secured loan by noon on Aug. 19.
Related:Cupcake Chain Crumbs Closes All Stores
Crumbs' post-bankruptcy revival promises to be a different beast than the chain that was once was the biggest cupcake chain in America. Only 27 of Crumbs' 48 stores -- at most -- will reopen under the new ownership.
Those that do will likely be very different than their earlier iterations. Lemonis Fischer is pushing for Crumbs to follow the example of another formerly bankrupt sweets chain,TCBY and Mrs. Fields通过探索品牌合作的机会duo's other products. The pair has plenty of brands to choose from: in addition to Fischer's ownership of Dippin' Dots, Lemonis's brands include Key West Key Lime Pie, Matt's Cookies, Mr. Green Tea and Sweet Pete's.
While it looks like an uphill battle for Crumbs, Lemonis at least seems excited for the challenge. "WILL work for CRUMBS !!!" the host of the CNBC showThe Profittweeted on Wednesday. "Launching baker of the month competition later this year to be featured in store."
