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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. 24825-PC
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) and business address of the seller(s)/licensee(s) are: PACIFIC SPANISH NETWORK INC. 296 H ST, STE 300, CHULA VISTA, CA 91910
Doing business as: SULLIVANS AM PM
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) and address of the buyer(s)/applicant(s) is/are: BIG DADDY'S OIL, 26, INC. 3230 E. FLAMINGO RD, STE 8-352, LAS VEGAS, NV 89121
The assets being sold are generally described as: GOODWILL, FURNITURE, EQUIPMENT LEASEHOLD INTEREST, INVENTORY AND OFF-SALE BEER & WINE and are located at: 8820 CLAIRMONT MESA BLVD, SAN DIEGO, CA 92123
The type and number of license to be transferred is/are: Type: OFF SALE BEER & WINE LICENSE, License Number: 20-384908 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: CITYWIDE ESCROW SERVICES INC, 12501 SEAL BEACH BLVD, STE 130, SEAL BEACH, CA 90740 and the anticipated sale date is AUGUST 29, 2008
The purchase price or consideration in connection with the sale of the business and transfer of the license, is the sum of $175,000.00, including inventory estimated at $50,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH THROUGH ESCROW $175,000.00, TOTAL $175,000.00
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.
PACIFIC SPANISH NETWORK INC, Seller(s)/Licensee(s)
BIG DADDY'S OIL 26, INC, Buyer(s)/Applicant(s)
PCTS LA142775 DAILY TRANSCRIPT 8/4/08-00045116