Court Ordered Auction
re: BC Kim Enterprise, LLC
Palisades Park, NJ
Plenary Retail Consumption Liquor License
No. 0245-33-028-007
Auction Format: Live Bidding Only.
Auction Date: Thursday, March 14th, 2024 @ 11AM
Registration Opens: Thursday, March 14th @ 10:30AM
Auction Site: Double Tree Hotel Conference Room, 2117 Route 4 East, Fort Lee, NJ 07024
Terms of Sale:
Deposit
All bidders must be in possession of a $100,000 Cashier’s Check (at time of registration) to participate. These funds must be presented as a deposit immediately at the time of successful bid. Deposit check is made payable to AJ Willner Auctions, LLC.
Balance of Payment
Balance of Payment is due by 4PM Monday, March 18th, 2024.
Transfer of License
Buyer of License is responsible for costs associated with transfer of license. Buyer must comply with all state & local rules & regulations.
Clear Title
License is being offered free & clear of all liens, liquor bills & taxes.
As-Is, Where Is
Liquor License is being sold “as is, where is” with no contingencies. Auctioneer makes no implied warranties or guarantees regarding the condition, description and/or marketability of the liquor license. Please consult with an attorney, the NJ ABC and the Borough of Palisades Park Clerk’s Office regarding regulations. Auction is not subject to a place to place or person to person transfer.
High Bidder is Bound to Their Bid
Auctioneer reserves the right to resell license, with buyer forfeiting their deposit, if these Terms of Sale are not met. In the event of a resale, original buyer will be responsible for any deficiency in sale price.
Disclaimer
Bidders must rely on their own due diligence & research. Auctioneers and Attorneys are not responsible for any errors in mailers or advertising. Please use this information as a guide only. Thank you for attending this auction.
- Mar 14 @ 11:00am EDT
- Add to Calendar
Court Ordered Auction
re: BC Kim Enterprise, LLC
Palisades Park, NJ
Plenary Retail Consumption Liquor License
No. 0245-33-028-007
Auction Format: Live Bidding Only.
Auction Date: Thursday, March 14th, 2024 @ 11AM
Registration Opens: Thursday, March 14th @ 10:30AM
Auction Site: Double Tree Hotel Conference Room, 2117 Route 4 East, Fort Lee, NJ 07024
Terms of Sale:
Deposit
All bidders must be in possession of a $100,000 Cashier’s Check (at time of registration) to participate. These funds must be presented as a deposit immediately at the time of successful bid. Deposit check is made payable to AJ Willner Auctions, LLC.
Balance of Payment
Balance of Payment is due by 4PM Monday, March 18th, 2024.
Transfer of License
Buyer of License is responsible for costs associated with transfer of license. Buyer must comply with all state & local rules & regulations.
Clear Title
License is being offered free & clear of all liens, liquor bills & taxes.
As-Is, Where Is
Liquor License is being sold “as is, where is” with no contingencies. Auctioneer makes no implied warranties or guarantees regarding the condition, description and/or marketability of the liquor license. Please consult with an attorney, the NJ ABC and the Borough of Palisades Park Clerk’s Office regarding regulations. Auction is not subject to a place to place or person to person transfer.
High Bidder is Bound to Their Bid
Auctioneer reserves the right to resell license, with buyer forfeiting their deposit, if these Terms of Sale are not met. In the event of a resale, original buyer will be responsible for any deficiency in sale price.
Disclaimer
Bidders must rely on their own due diligence & research. Auctioneers and Attorneys are not responsible for any errors in mailers or advertising. Please use this information as a guide only. Thank you for attending this auction.
Deposit
All bidders must be in possession of a $100,000 Cashier’s Check (at time of registration) to participate. These funds must be presented as a deposit immediately at the time of successful bid. Deposit check is made payable to AJ Willner Auctions, LLC.
Balance of Payment
Balance of Payment is due by 4PM Monday, March 18th, 2024.
Transfer of License
Buyer of License is responsible for costs associated with transfer of license. Buyer must comply with all state & local rules & regulations.
Clear Title
License is being offered free & clear of all liens, liquor bills & taxes.
As-Is, Where Is
Liquor License is being sold “as is, where is” with no contingencies. Auctioneer makes no implied warranties or guarantees regarding the condition, description and/or marketability of the liquor license. Please consult with an attorney, the NJ ABC and the Borough of Palisades Park Clerk’s Office regarding regulations. Auction is not subject to a place to place or person to person transfer.
High Bidder is Bound to Their Bid
Auctioneer reserves the right to resell license, with buyer forfeiting their deposit, if these Terms of Sale are not met. In the event of a resale, original buyer will be responsible for any deficiency in sale price.
Disclaimer
Bidders must rely on their own due diligence & research. Auctioneers and Attorneys are not responsible for any errors in mailers or advertising. Please use this information as a guide only. Thank you for attending this auction.
