Marsh Supermarkets received qualifying bids "from numerous bidders" to buy some of its remaining 44 stores, according to a statement released by the company Wednesday night.
Marsh filed for Chapter 11 bankruptcy in May and the company was given until June 7 to find potential buyers.
Now Marsh and the Creditors Committee will evaluate the bids and decide upon any qualified buyers. Delaware Bankruptcy Judge Brendan Shannon set a June 12 auction date in case the company received offers from multiple buyers.
In May, New York City-based investment banking firm Peter J. Solomon Co. estimated Marsh's liabilities at $100 million to $500 million and assets at $50 million to $100 million.
Previously, Marsh said that it would close all of its remaining stores if a qualified buyer was not found. Marsh has not indicated when a decision on a potential buyer would be announced.
The company was acquired by Florida-based Sun Capital Partners in 2006 when it had 120 grocery stores.