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Stalking Horse Purchase Agreement Executed: $600,000 Purchase Price
Minimum Qualifying Overbid: $750,000
 

Bid Deadline
April 27, 2020
12:00 p.m. ET

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Auction
April 29, 2020
10:00 a.m. ET

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Hilco Streambank is conducting an auction sale of the famous Four Seasons restaurant brand. The seller has entered into an agreement with Infinity Brands LLC to serve as the “stalking horse” bidder, at a purchase price of $600,000.

This offering presents an opportunity to acquire a famous and iconic brand in the restaurant space. Potential uses include the ability to open restaurants across the United States in major metropolitan areas. Additionally, the Spa Cuisine trademark, registered since 1985, can be used to brand restaurant prepared foods.

Originally opened in 1959 as America’s first seasonal fine-dining restaurant, under the guidance of the late James Beard and many other culinary taste makers, The Four Seasons restaurant paved the way for an era of elegant dining featuring American cuisine, seasonal menus focused on the best fresh ingredients and its unique brand of personalized service.

The brand has been featured in numerous books, including one by Yale historian Paul Freedman, who pronounced The Four Seasons restaurant to be one of the Ten Restaurants That Changed America. A veritable “who’s who” from Wall Street, media, sports and Hollywood have indulged at the famed eatery, known for its unsurpassed “power lunch.

The Four Seasons trademark, registered for restaurant services with the USPTO since 1972 with a first use date of 1959, is the earliest registered Four Seasons trademark.

The brand represents unmatched sophistication, both as a culinary delight and in the art of design. Indeed, furniture, cutlery and other memorabilia used at the restaurant sold at auction in 2016 for more than $4 million, more than 4 times the original estimate.

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Sales Process

The seller has entered into an agreement with Infinity Brands LLC to serve as the “stalking horse” bidder, at a purchase price of $600,000. The initial minimum qualifying overbid is $750,000. Higher or otherwise better offers will be entertained in accordance with the schedule outlined below. A copy of the form of asset purchase agreement, as well as data room access containing confidential documents, will be provided to parties who execute a confidentiality agreement. Contact Hilco Streambank for more information.

Bid Deadline
April 27, 2020
12:00 p.m. ET

Auction
April 29, 2020
10:00 a.m. ET


Quotations from "The Four Seasons: A History of America’s Premier Restaurant."