Active Ride Shop Auctioned Off To Florida Investors For $5.2 Million

According to reports from The Press Enterprise, A Florida-based limited liability company called Active Sports Lifestyles entered a winning bid of $5.2 million to purchase Active Ride Shop in an auction ordered by the US Bankruptcy Court in Riverside, California today. Zumiez, which recently showed interest in acquiring the chain of stores was not among the final bidders.

From Press Enterprise: “Mira Loma-headquartered Active Ride Shop, which sells skateboards, snowboards and related gear at six Inland stores, is being acquired by a group of Florida-based investors for $5.2 million.

A limited liability company called Active Sports Lifestyles USA emerged as the winner among five bidders in a Tuesday auction ordered by the U.S. Bankruptcy Court in Riverside. Attorney Marc Winthrop, who conducted the auction, said the buyers plan to keep all of Active’s operations intact, including its Mira Loma headquarters and warehouse, as well as its 21 Southern California stores.

Clothing retailer Zumiez had expressed interest last month in buying the chain for an estimated $7.2 million but was not among the final bidders. The sale is expected to be completed by the end of the month, Winthrop said.”

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