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178 Bulk Sale
PUBLISHED: Tuesday June 14, 2005


BULK SALE
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NOTICE TO CREDITORS OF BULK SALE AND OF INTENTION TO TRANSFER ALCOHOLIC BEVERAGE LICENSE(S)
(UCC Sec. 6105 et seq. and B & P Sec. 24073 et seq.)
Escrow No. 05-11936-JP
NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage license(s) is about to be made. Then name(s), Social Security or Federal Tax Numbers and business address of the seller(s)/licensee(s) are: KWANG HO LEE AND YOUNG JA LEE 4620 CONVOY ST, STES A-C SAN DIEGO, CA 92111
Doing business as: KOREA HOUSE
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: JONGWON KIM 8300 STATION VILLAGE LANE LANE #9 SAN DIEGO, CA 92108
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: 4620 CONVOY ST, STES A-C SAN DIEGO, CA 92111
The type and number of license to be transferred is/are: Type: ON-SALE GENERAL EATING PLACE, License Number: 47-373837 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., 9465 GARDEN GROVE BLVD., GARDEN GROVE, CA 92844 and the anticipated sale date is JULY 15, 2005
The purchase price or consideration in connection with the sale of the business and transfer of the license is the sum of $620,000.00, including estimated inventory at $10,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH $620,000.00
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.
Dated: 6/10/05
KWANG HO LEE, YOUNG JA LEE, Seller(s)/Licensee(s)
JONGWON KIM, Buyer(s)/Applicant(s)
PCTS LA108584 DAILY TRANSCRIPT 6/14/05-d529565




178 Bulk Sale
PUBLISHED: Tuesday June 14, 2005


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