RE: PAN ASIA - UCC1 SECURITY AGREEMENT AUCTION BY ORDER OF AND FOR LANDLORD AND QUIK CAPITAL LLC D/B/A STERLING FUNDING - MUST BE SOLD!

SELLS THURSDAY, DECEMBER 28, 2017 AT 1:00PM AT 2 JFK BLVD. SOMERSET, NEW JERSEY 08873

WELL KNOWN

ASIAN FUSION RESTAURANT

TO BE SOLD IN BULK TURNKEY

ASSETS INCLUDE:

(1) STAR MAX 4' GRIDDLE

(1) 3-HOLE WOK STATION

(1) HOBART SS SLICER

(1) SS HOOD W/ANSUL & MAKE UP AIR SYSTEM

(1) 4' SS BAINMARIE

(1) 6' SS BAINMARIE

(1) TRAULSEN 4-DOOR SS LOWBOY

(1) TURBO AIR 2-DOOR SS REFRIGERATOR

(1) 6'X6' WALKIN REFRIGERATOR

(1) ICEOMATIC 150LB SS ICE MACHINE

(2) CHEST FREEZERS 

(1) HOT WATER HEATER

QTY SS PREP TABLES

(1) 3-COMPARTMENT SS SINK

(1) SS HAND SINK

QTY METRO RACKS

QTY TABLES

QTY CHAIRS

QTY BANQUETTE SEATING

(1) POS SYSTEM

QTY POTS, PANS, SMALLWARES

QTY LIGHT FIXTURES

QTY DECOR'

*LANDLORD WILL GIVE LEASE TO APPROVED TENANT AS FOLLOWS: 10 YEAR LEASE W/2-OPTIONS, $5,078. MONTHLY RENT (INCLUDES TAXES, MAINTANENCE AND CAM CHARGES) 3% ANNUAL INCREASE. SECURITY DEPOSIT REQUIRED OF (2) MONTH'S WITH A PERSONAL GUARENTEE OR (6) MONTH'S WITHOUT A PERSONAL GUARENTEE. ASSETS ARE BEING SOLD INDEPENDENT OF LEASE AND IT IS THE SUCCESSFUL BIDDERS LIABILITY TO OBTAIN THE LEASE BASED ON APPROVAL. AUCTION SALE IS FINAL.

INSPECTION: 12:00NOON DAY OF AUCTION

50% DEPOSIT CASH OR BANK CHECK MADE PAYABLE TO AMERICAN ALA, INC. / 15% BUYER’S PREMIUM

516/631.777.7295 / www.AmericanAssetsOnline.com

MEMBER NAA, NYSAA, ABI, CAGA