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Offenbachers Going Out of Business After Filing for Chapter 11

Submitted by jhartgen@abi.org on

Offenbachers, a Lanham, Md.-based outdoor furniture and recreation products retailer, is going out of business after a bankruptcy judge approved the liquidation yesterday, the Baltimore Sun reported today. The retailer will liquidate more than $9 million of inventory, fixtures and equipment in a sale that begins today at its eight stores in Virginia and Maryland. The company, formally known as ACP-Offenbachers LLC, filed for a chapter 11 protection on Monday. Offenbachers was founded in 1960 as a pool maintenance and lifeguard services company and opened its first store in in 1972 in Rockville, Md. The company evolved to sell indoor and outdoor furniture, and outdoor entertaining equipment, such as bars, grills and fireplaces.