Public Auction/Real Estate 4-9-11

PUBLIC AUCTION

OF

REAL ESTATE & RESTAURANT EQUIPMENT

FORMERLY KNOWN AS “THE GOLDEN CORRAL”

23415 SUSSEX HIGHWAY

SEAFORD, DELAWARE 19973

11:00 AM SATURDAY, APRIL 9, 2011

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REAL ESTATE: 7000sq. ft. Building formerly know as the “Golden Corral” situated on aprox. 1.98 acres tax map #331-6.00 parcel 9.02.

RESTAURANT EQUIPMENT: Numerous Sets of Tables & Chairs, Hi- Chairs, Roll Around Shelf’s, Stainless Steel Bakery & Desert Station, stainless Tables, Stainless Sinks, Cincy Safe, Towel Dispensers, Lg. Stainless Salad & Soup Bar, Stainless Hot Bar, Exhaust Hoods w/ Ansul System, Gas Grills, Micros 2700 HMS Cash Register System, Stainless Refrigerator, Bunn Tea Maker, Bunn Coffee Pots, Univex Potato Peeler, 2 Compartment Bay Marie, L Shape 3 Compartment Sink, Alto Shams, Cleveland Double Door Sure Cook, Dean Double Basket Deep Fryer, Fry Master Deep Fryer, Nu-Vu 3 Door Upright Oven, New Age Bakers Rack, McCann’s Soda Dispenser, Lg. Welbilt Varimixer, Hobart stainless Dish Washing System, Manitowoc Ice Machine, RTI Zero T Gold Fryer Oil Dispenser Tanks, Hand Truck, Wire Shelving, Cornelius Soda Fountain w/ Ice Maker, Pelouze Scales, Lot of Pictures, Potato Choppers, Cake Pans, Stainless Pans, Glasses, Bowls misc items & more.

*Terms: Restaurant Equipment- Cash or Approved Check Day of auction, all items sold as is where is with no expressed warranties of any kind. Announcements day of sale take precedence.

Real Estate- $50,000 non refundable down payment day of auction by Cash or Certified Check, 2% Buyers Premium. Balance due in 45 days of auction date in Cash or Certified funds when a clear and marketable title will be given to buyer. Failure to settle in the for mentioned time frame will result in forfeiture of down payment. Sellers reserve the right to accept or reject the final bid but it is their intention to sell the property. Announcements day of auction take precedence, property being sold as is with no expressed warranties of any kind.