OBX Racing Sports
Existing Channels, Negotiated Sale, Auction
Existing Channels, Negotiated Sale, Auction
Key Challenge
OBX Racing Sports – Onyx was engaged as the exclusive sales agent in the Existing Channel, Negotiated Sale and Global Online Auction Event for the $55,000,000 (MSRP) Aftermarket Racing and Automotive Parts Inventory of OBX.
Key Takeaway
Onyx, with a strategic partner, conducted an extended existing channels and negotiated sales process, including utilizing OBX’s existing online stores. Onyx then conducted an Global Online Auction and was able to get all inventory removed from the company’s warehouse prior to the landlord mandated exit date.
See Sale