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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. 113091-LP
NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage license is about to be made. The names, Social Security or Federal Tax Numbers and business address of the Seller/Licensee are: THE GREEN FLASH INCORPORATED, 5334 VICKIE DR, SAN DIEGO, CA 92109
The business is known as: THE GREEN FLASH
The names, Social Security or Federal Tax Numbers and addresses of the Buyers/Transferee are: BOARDWALK F&B LLC, 8272 W. SUNSET BLVD, SUITE D, WEST HOLLYWOOD, CA 90046
As listed by the Seller/Licensee, all other business names and addresses used by the Seller/Licensee within three years before the date such list was sent or delivered to the Buyers/Transferee are: NONE
The assets being sold are described in general as: FURNITURE, FIXTURES, EQUIPMENT, LEASEHOLD IMPROVEMENTS, INCLUDING ON SALE GENERAL EATING PLACE, LICENSE NO. 47-274966 and are located at: 701 THOMAS AVE, SAN DIEGO, CA 92109
The kind of license to be transferred is: Type: ON SALE GENERAL EATING PLACE, LICENSE NUMBER 47-274966, now issued for the premises located at: 701 THOMAS AVE, SAN DIEGO, CA 92109
The anticipated date of the sale/transfer is WHEN PERMANENT ABC LICENSE TRANSFERS TO BUYER at the office of: GLEN OAKS ESCROW, 6100 SAN FERNANDO RD, GLENDALE, CA 91201
The amount of the purchase price or consideration in connection with the transfer of the license and business, including the inventory, is the sum of $1,100,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH $750,000.00; NOTE TO SELLER, $350,000.00
It has been agreed between the Seller/Licensee and the intended Buyers/Transferee, 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.
Dated: JANUARY 30, 2014
THE GREEN FLASH INCORPORATED, A CALIFORNIA CORPORATION, Seller/Licensee
BOARDWALK F&B LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, Buyers/Transferee
LA1383254 SDDT 2/13/2014-00118169