Assets of Restaurants Company

Auction Sale of substantially all of assets of K&W Cafeterias, Inc. and its affiliates (collectively, the “Sellers”), used in the seller's restaurant operations, and more particularly described as follows:

• AIC Real Estate: The Sale Assets owned by AIC to be sold pursuant to these Bidding Procedures include the following real property or interests in real property (collectively, the “AIC Real Estate”): (i) real property located at 2001 South Kings Highway, Myrtle Beach, SC 29577; (ii) real property located at 1621 Highway 17, N. Myrtle Beach, SC 29582; (iii) real property located at 1609 Hershberger Road NW, Roanoke, VA 24012; (iv) real property located at 3169 Peters Creek Parkway, Winston Salem, NC 27127 (land only); (v) real property located at 1391Plaza West Drive, Winston Salem, NC 27103; and (vi) real property located at 3300 Healy Drive, Winston Salem, NC 27103; and
• DGV Real Estate: The Sale Assets owned by DGV to be sold pursuant to these Bidding Procedures include the following real property or interests in real property (collectively, the “DGV Real Estate”): (i) real property located at 800 Hanes Mill Road, Winston Salem, NC 27105; (ii) real property located at 3250 Healy Drive, Winston Salem, NC 27103; (iii) building and improvements on real property located at 3169 Peters Creek Parkway, Winston Salem, NC 27127; and (iv) real property located at 1266 North Wesleyan Boulevard, Rocky Mount, NC 27804.