Goodfella's Bar & Grill
Timed auction by Gallivan Auctioneers & Appraisers
Starts Jul 22, 2026 12:00 PM CDT. Ends Jul 30, 2026 1:00 PM CDT
By Order of U.S. Bankruptcy Court – Case No. 22-21965-jra ONLINE AUCTION 100% LLC INTEREST IN TWO ENTITIES! DAPAN INVESTMENTS LLC & DAPAN ENTERTAINMENT INC. OWNERS OF FORMER GOODFELLA’S BAR & GRILL & LIQUOR LICENSE No. RR4531888 11200 W 129TH AVE CEDAR LAKE, IN 46303 OPEN SHOWINGS- JUNE 25TH 11AM-3PM CENTRAL AND JULY 15TH 11AM-3PM CENTRAL BID DEADLINE: THURSAY, JULY 30, 2026 THIS SALE IS FREE AND CLEAR OF ALL LIENS AND ENCUMBERANCES Sale Conducted Pursuant to U.S. Bankruptcy Court Order — Case No. 22-20965-jra Please note that even if you are the highest bidder on the online platform, the sale must be approved by the courts before it becomes official. Gallivan Auctioneers & Appraisers, on behalf of Christopher R. Schmidgall, Chapter 7 Trustee, invites sealed bids for the purchase of 100% membership interest in Dapan Investments LLC. LLC’s primary asset is the commercial real property at 11200 W 129th Ave, Cedar Lake, Indiana — formerly home to Goodfella’s Bar & Grill, a long-established Cedar Lake landmark. The successful bidder acquires 100% of the LLC and, through it, ownership of the underlying real estate. ALSO INCLUDED IN THE SALE IS 100% INTEREST IN DAPAN ENTERTAINMENT INC. DAPAN ENTERTAINMENT HOLDS THE LIQUOR LICENSE #RR4531888. RIGHTS TO THE LICENSE, CURRENTLY IN ESCROW, ARE INCLUDED IN THE PURCHASE, SUBJECT TO INDIANA LAW. (SEE DOCUMENT ON OUR WEB PAGE) This is a rare opportunity to acquire a commercially zoned, 2-acre improved property in Cedar Lake’s growing commercial corridor along US 41. The site features a 3,278 SF brick building with a terraced patio, drive-up window, cold storage, and an 18,200 SF paved parking lot. Commercial zoning and existing infrastructure support a wide range of owner-user and investor applications. Abbreviated Terms (Complete terms of sale will be posted to our website): A 10% Buyer’s Premium will be added to the high bid, and when added, will result in the total purchase price. We are selling 100% Membership in the LLC, which owns the real property, and 100% ownership of the corporation holding the liquor license. the sale is “As-Is”, free and clear of liens Deposit due at bid qualification — $15,000 non-refundable, certified funds or wire transfer prior to bidding. Deposits from unsuccessful bidder will be returned within 3 days after preliminary Bankruptcy Court approval. Upon preliminary Court approval, Within 3 days after bidding ends, Purchaser is required to pay an additional deposit equal 10% of the total purchase price. Not subject to financing contingency Sale is of LLC membership interest and corporation interest only. All bidders must perform their own independent due diligence. Sale subject to Bankruptcy Court approval