Jordan C. Frame, Attorney
Rosenberg Martin Greenberg, LLP
25 South Charles Street, Suite 2115
Baltimore, MD 21201
EQUIPMENT & LIQUOR LICENSE
To Be Sold As An Entirety Only
- Assets of -
BETHANY SEAFOOD RESTAURANT, INC.
Sale On Premises
10176 BALTIMORE NATIONAL PIKE
Bethany 40 Center, Ellicott City
Howard County, MD 21042
MONDAY, FEBRUARY 4, 2008
AT 10:30 A.M.
For directions from your location, visit: MAPQUEST
Pursuant to a Financing Statement and Security Agreement by and between Bethany Seafood Restaurant, Inc., Debtors to Dong Sik Kang, Secured Party, recorded among the Financing Records of The Maryland State Department of Assessments and Taxation, in Liber U00488, Folio 0745, File No. 0000000181289056, default having occurred thereunder, the Secured Party will sell at Public Auction the following:
All right, title, interest and estate of Bethany Seafood Restaurant, Inc., in the furniture, fixtures, equipment and liquor license, located on and issued for the above captioned premises, subject to a prior security interest in the approximate amount of $28,000. The exact amount due thereon will be announced at time of sale. THE ASSETS WILL BE SOLD AS AN ENTIRETY ONLY (NO DETAIL SALE) AND MUST BE REMOVED FROM THE PREMISES. Bethany Seafood Restaurant, Inc. is an Asian-style seafood restaurant with approximately 125 seats. Furniture, fixtures and equipment include:
Tables, chairs, 2â€“sushi display cases, 2â€“True sliding door refrigerators, 4' stainless steel salad unit, True 6' reach-in beer cooler, Samsung microwave oven, 2â€“seafood aquariums, 5â€“stainless steel updrafts situated over electric grill tables, 2â€“stainless steel hand sinks, 24-hour surveillance system, 2â€“Mitsubishi Mr. Slim heat and air conditioning units, Frigidare chest freezer, tea urn, crock pot, Bunn coffee maker, Sharp point-of-sale system with Nurit credit card verifier, cordless telephone, wire storage shelving, 6' stainless steel salad unit, 12-burner gas range, Castle burner, 2â€“deep fryers, Champion charcoal grill, 3-burner wok stove, DCS charbroiler, 6' stainless steel work table, rice steamer, Robot Coupe, Cuisinart blender, stainless steel pot sink, Manitowoc ice cube machine, Norlake aluminum walk-in cooler (6' x 6' x 8'), 3-compartment stainless steel sink, 2â€“stainless steel work tables, fan, Mor Flo water heater, pots, pans, dishes, utensils, Arctic Air upright freezer, etc.
TERMS OF SALE: A $5,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale. The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance of the purchase price to be paid by certified or cashierâ€™s check within 24 hours at the Auctioneerâ€™s Office. Immediate removal required within 5 business days. Time is of the essence. Items may be subject to a 6% Maryland Retail States Tax. Inspection from 9:30 a.m. on the day of sale.
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