An auction process has commenced that might ultimately result in a change of ownership for New Albany’s Honey Creme Donut Shop (514 Vincennes St.)
Or, the enterprise might be reformatted into something different, or even liquidated entirely — and the future depends on a buyer at least matching the minimum bid when the October auction window opens.
It’s like a really sweet reality TV show, and for the moment, only the Shadow knows. The devil forever dwells in the details, so having exhausted all the cliches, let’s have a look at the terms by which you can find yourself engaged in the heritage donut trade.
Honey Creme Donut Shop, at SVN Menish Commercial Real Estate
The Online Published Reserve Auction of the Honey Creme Donuts Business & Real Estate will be open to bidders between Friday, October 11th and 4 pm on Thursday, October 17th. The auction will remain open past 4 pm if there are any bids in the final five minutes, and will remain open until a five minute period of time passes without an additional bids.
A “Published Reserve Auction” means that when we receive the opening bid of $750,000, this business and real estate is guaranteed...Read more
