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NOTICE TO CREDITORS OF BULK SALE AND OF INTENTION TO TRANSFER ALCOHOLIC BEVERAGE LICENSE(S)
(UCC Sec. 6101 et seq. and B & P Sec. 24073 et seq.)
Escrow No. 5254-PJ
NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage licenses is about to be made. The name(s), Social Security, Federal Tax Numbers and business address of the seller(s)/licensee(s) are: LI XIAO LIANG, 744 MARKET ST, SAN DIEGO, CA 92101-6423
Doing business as: KOI JAPANESE RESTAURANT
All other business names(s) and address(es) used by the seller(s)/licensee(s) within the past three years, as stated by the seller(s)/licensee(s), is/are: NONE
The name(s) Social Security, Federal Tax Numbers and address of the buyer(s)/applicant(s) is/are: JAMES HWAN KIM, 744 MARKET ST, SAN DIEGO, CA 92101-6423
The assets being sold are generally described as: EQUIPMENT, FIXTURES AND FURNITURE, LEASE AND LEASEHOLD IMPROVEMENT and is/are located at: 744 MARKET ST, SAN DIEGO, CA 92101-6423
The type of license to be transferred is/are: Type: ON-SALE BEER AND WINE-EATING PLACE License No. 41-462196 now issued for the premises located at: SAME
The bulk sale and transfer of alcoholic beverage license(s) is/are intended to be consummated at the office of: TIME ESCROW INC, 3055 WILSHIRE BLVD, STE 1150, LOS ANGELES, CA 90010 and the anticipated sale date is JANUARY 13, 2009
The Bulk sale is subject to California Uniform Code Section 6106.2
The purchase price of consideration in connection with the sale of the business and transfer of the license, is the sum of $55,000.00, including inventory estimated at $1,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH: $5,000.00, DEMAND NOTE: $50,000.00, TOTAL: $55,000.00
It has been agreed between the seller(s)/licensee(s) and the intended buyer(s)/transferee(s), as required by Sec. 24073 of the Business and Professions code, that the consideration for transfer of the business and license is to be paid only after the transfer has been approved by the Department of Alcoholic Beverage Control.
LI XIAO LIANG, Seller(s)/Licensee(s)
JAMES HWAN KIM, Buyer(s)/Applicant(s)
PCTS LA145746 DAILY TRANSCRIPT 12/16/08-00050599