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Notice Is Hereby Given

NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage license(s) is about to be made. The names, Social Security or Federal Tax Numbers, and business address of the Seller/Licensee are: DLDF ENTERPRISES, INC., 5930 W. PACIFIC COAST HWY, NEWPORT BEACH, CA 92663 The business is known as: CAPPY'S CAFE The names, Social Security or Federal Tax Numbers, and business address of the Buyer/Transferee are: CAPPY'S CAFe INC. 616 MARGUERITE AVE, CORONA DEL MAR, CA 92663 As listed by the seller/licensee, all other business names and addresses used by the sellers/licensee within three years before the date such list was sent or delivered to the Buyer/Transferee are: NONE The assets to be sold are described in general as: FURNITURE, FIXTURES AND EQUIPMENT and are located at: 5930 W. PACIFIC COAST HWY, NEWPORT BEACH, CA 92663 The kind of license to be transferred is: Type: ON-SALE GENERAL EATING PLACE, now issued for the premises located at: 5930 W. PACIFIC COAST HIWY, NEWPORT BEACH, CA 92663 The anticipated date of the sale/transfer is NOVEMBER 1, 2018 at the office of: R ESCROW, 1205 E CHAPMAN AVE, ORANGE, CA 92866 The amount of the purchase price or consideration in connection with the transfer of the license and business, including estimated inventory $1,730,000.00 which consists of the following: DESCRIPTION, AMOUNT: CASH $50,000.00; DEMAND NOTE $830,000.00; NOTE AND SECURITY AGREEMENT $850,000.00 It has been agreed between the Seller/Licensee and the intended Buyer/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: SEPTEMBER 19, 2018 DLDF ENTERPRISES, INC. CAPPY'S CAFe INC., A CALIFORNIA CORPORATION LA2112711 DAILY PILOT 10/4/18

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1 week, 6 days, 20 hours ago
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Public & Legal Notices