Type 21 Off Sale General Liquor License, No. 21-540929
Listing Information
Type 21 Off Sale General Liquor License, No. 21-540929
Liquor LicensePrice: $15,000.00
Other Item Info
Item #: cacbke_1759247
Created: 10/20/2016
Category: Business Property > Intellectual Property > Licenses/Intellectual Property
Sale Location: 255 East Temple Street, Los Angeles, California
Sale Date: Wed. Nov 16, 2016
Created: 10/20/2016
Category: Business Property > Intellectual Property > Licenses/Intellectual Property
Sale Location: 255 East Temple Street, Los Angeles, California
Sale Date: Wed. Nov 16, 2016
Seller Info
Howard Ehrenberg
Trustee
333 South Hope Street, 35th Floor
Los Angeles, CA 90071
(213) 626-2311
Trustee
333 South Hope Street, 35th Floor
Los Angeles, CA 90071
(213) 626-2311
Bankruptcy Info
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Sale Location
Javascript is required to view this map.
255 East Temple Street, Los Angeles, CA, 90012
Additional Details
The Purchaser shall be liable for payment of the License transfer fee, the License renewal fee, if necessary, and all fees payable to Jason B. Kho of Liquor License Specialists, who is acting as the liquor license broker in this matter.
Other Information
Terms and Conditions:
The Trustee received an offer to purchase the License from Cirgadyne, Inc. (or its nominee) ("Purchaser") for $15,000.00 ("Purchase Price").
(1) Any person interested in submitting an overbid on the License must attend the hearing on the Motion or be represented by an individual with authority to participate in the overbid process;
(2) An overbid will be defined as an initial overbid of $17,000.00 with each additional bid in $1,000.00 increments;
(3) Overbidders (except for the Purchaser) must deliver a deposit to the Trustee by way of cashier's check made payable to "Howard M. Ehrenberg, Chapter 7 Trustee of the Bankruptcy Estate of Suchada Jennings," in the amount of $2,000.00 ("Deposit") at the hearing on the Motion;
(4) Overbidders must purchase the License on the same terms and conditions as the Purchaser;
(5) The Deposit of the successful overbidder shall be forfeited if such party is thereafter unable to complete the purchase of the License within 30 days of entry of the order confirming the sale; and
(6) In the event the successful overbidder cannot timely complete the purchase of the License, the Trustee shall be authorized to proceed with the sale to the next highest overbidder.