Torrance Daily Breeze, NOTICE TO CREDITORS OF BULK SALE AND OF INTENTION TO TRANSFER ALCOHOLIC BEVERAGE LICENSE (UCC Sec. 6101 et seq. and B & P 24073 et seq.) Escrow No. 15955-EY NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage license is about to be made. The name(s) Social Security or Federal Tax Numbers and business address of the Seller(s)/licensee(s) are: KARAMALI PASHMFOROOSH AND SHAHIN DOKHT SHOKOOHI, 18180 PRAIRIE AVE, TORRANCE, CA 90504 Doing Business as: MS GAS STATION AKA ARCO AMPM #6177 All other business name(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: The name(s) Social Security or Federal Tax Numbers and address of the Buyer(s)/applicant(s) is/are: COVINA OIL WORKS, A CALIFORNIA CORPORATION, 18180 PRAIRIE AVE, TORRANCE, CA 90504 The assets being sold are generally described as: FURNITURE, FIXTURES, EQUIPMENT, MACHINERY, GOODWILL, TRADE NAME, LEASE, LEASEHOLD IMPROVEMENT, COVENANT NOT TO COMPETE, FRANCHISE AGREEMENT AND ABC OFF-SALE BEER AND WINE LICENSE #20-367015 and is/are located at: 18180 PRAIRIE AVE, TORRANCE, CA 90504 The type of license to be transferred is/are: Type: OFF-SALE BEER AND WINE, License # 20-367015 now issued for the premises located at: SAME The bulk sale and transfer of the alcoholic beverage license(s) is/are intended to be consummated at the office of: AMERICAN CLASSIC ESCROW, 13215 SOUTH ST, CERRITOS, CA 90703 and the anticipated sale date is SEPTEMBER 19, 2016 The purchase price or consideration in connection with the sale of the business and transfer of the license, is the sum of $695,000.00, including inventory estimated at $45,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH $650,000.00; PROMISSORY NOTE $45,000.00; TOTAL $695,000.00 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. KARAMALI PASHMFOROOSH AND SHAHIN DOKHT SHOKOOHI, Seller(s)/Licensee(s) COVINA OIL WORKS, A CALIFORNIA CORPORATION,Buyer(s) /Applicant(s) LA1697108 DAILY BREEZE 8/24/16
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