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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. 08-31768-SH
NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage license(s) is about to be made. The name(s), Social Security or Federal Tax Numbers and business address of the seller(s)/licensee(s) are: ANNIE HAU NG AND HUNG LEUNG NG, 11640 CARMEL MOUNTAIN RD #122, SAN DIEGO, CA 92128
Doing business as: LITTLE TOKYO
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 or Federal Tax numbers and address of the buyer(s)/applicant(s) is/are: BUSHI JAPAN INC, 2806 SHELTER ISLAND DR, SAN DIEGO, CA 92014
The assets being sold are generally described as: ALL STOCK IN TRADE, FIXTURES, EQUIPMENT, GOODWILL, TRADENAME, LEASE, LEASEHOLD IMPROVEMENTS, AND COVENANT NOT TO COMPETE AND ABC LICENSE and are located at: 11640 CARMEL MOUNTAIN RD #122, SAN DIEGO, CA 92128
The type and number of license to be transferred is/are: Type: ON SALE BEER AND WINE-EATING PLACE, License Number: 41-410287 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: TEAM ESCROW INC, 17300 REDHILL AVE STE 110, IRVINE, CA 92614 and the anticipated sale date is APRIL 2, 2008
The purchase price or consideration in connection with the sale of the business and transfer of the license, is the sum of $304,000.00, including inventory estimated at $4,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH THRU ESCROW $304,000.00
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.
ANNIE HAU NG AND HUNG LEUNG NG, Seller(s)/Licensee(s)
BUSHI JAPAN INC, Buyer(s)/Applicant(s)
PCTS LA138723 DAILY TRANSCRIPT 3/7/08-00038061