Market Overview

Sportif Bike and Accessory Going Out of Business Sale


Sportif Bike and Accessory Going Out of Business Sale

PR Newswire

CHICAGO, Aug. 10, 2018 /PRNewswire/ -- After 50 years of serving the bicycle and accessories needs for the Chicagoland area, SPORTIF's Importer, LTD. owner Donald Zorani is retiring, and everything is being liquidated. Sportif's Liquidation Sale is taking place at 5225 West Lawrence Avenue, Chicago, IL 60630.

Brian Yellen, President of Yellen Partners, said, "There are thousands of bikes and accessories all top name brands including: Trek, Gary Fisher, Raleigh, EVO, Diamond Back. All bikes are currently discounted at 40% to 60% off. We anticipate that the inventory will be sold out quickly. At the current discount level, these deals are too good to miss."

The Sale is being conducted by Yellen Partners and PPL Group LLC.

About Yellen Partners

Yellen Partners is a specialized, hands-on provider of asset monetization solutions focused on the acquisition and disposition of retail and wholesale inventories, as well as healthcare and industrial machinery and equipment, for businesses seeking to continue operations or sell assets as a going concern. Core activities include sourcing, acquiring and monetizing distressed and other surplus assets through transaction strategies, including, but not limited to, retail store closings, orderly liquidations of wholesale inventories and specialty assets, as well as private treaty sales and on-site and on-line auctions. For more information visit:

About PPL Group LLC

PPL Group LLC is a private equity firm that builds unique solutions for financially distressed companies with commercial and industrial assets, or companies with surplus equipment. Our expertise gives us an edge in maximizing value, while providing responsive and dedicated service to our clients. Our solutions typically involve:

  • Auctions: We buy and sell commercial and industrial equipment from individual owners up to Fortune 500 companies
  • Financing: Quick and creative alternative financing solutions based on asset value for small and middle-market companies in need of liquidity
  • Private Equity: Equity investments in distressed, small and middle-market manufacturing companies

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Media Contact:
Tami Libman

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SOURCE Yellen Partners

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