/PRNewswire/ After years of being closed, the highly anticipated reopening of the Crabcake Factory Seafood Grille & Bar is finally here, thanks to the new.
Ocean City s Crabcake Factory sells at auction - Washington Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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OCEAN CITY, Md. The Crabcake Factory at 120th Street in Ocean City will head to auction this month after the business declared bankruptcy back in the fall, having owed thousands to various groups.
Bidders will have until May 19 to place bids on the restaurant s furniture, fixtures, equipment, royalties and tangible and intangible assets, according to Alex Cooper Auctioneers, organizer of the auction. The opening bid for the restaurant is currently set at $325,000.
Interested parties will be able to purchase tangible assets like Crabcake Factory s t-shirts, hats and memorabilia, as well as dining and kitchen equipment, according to the auction company.