Lot # : 1 - 100 Mile Rib and Chop House Restraurant & Euipment

Live Webcast Auction
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Fowler, IN 47944
Date(s)
3/10/2024 - 4/22/2024
AUCTIONEER INFORMATION
Catalog
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Bidding Notice:

LIVE & ONLINE AUCTION

Information
Lot # 1
Group - Category Home Goods & Decor - Home Goods - Kitchen / Housewares
Lead 100 Mile Rib and Chop House Restraurant & Euipment
Description
all equipment, decoration & memorabilia included
Name 100 MILE RIB AND CHOP HOUSE REAL ESTATE AUCTION
Auctioneer
Lestinsky Auctioneers LLC
Type Live Webcast Auction
Date(s) 3/10/2024 - 4/22/2024
Auction Date/Time Info
Live & Online Auction Monday, April 22 at 6:30pm E.T.
Preview Date/Time Call for a private showing
Checkout Date/Time Possession: Day of closing
Location
507 South & 505 South Grant Ave
Fowler, IN 47944
Buyer Premium 10% Buyers Premium
Description
Here is your opportunity to own a full-service restraunt and bar, with enough space inside to host private events. Seating capacity of 98, with separate family restrooms. This is a Turn key operation, comes with a complete kitchen, complete bar, 2 rental units, corner lot with extra lot, Family dining room, all equipment stays, decorations & memorabilia are all included. Don't miss out on this opportunity.
Terms: The successful bidder will be required to enter into a purchase and sale agreement which will not be contingent upon financing and will require a $10,000 non-refundable earnest money deposit to be paid within 24 hours of auction closing. The balance due shall be paid at the closing. Closing is to be 30 days or less. Auction is being sold subject to seller's confirmation. Taxes prorated to day of closing. Sellers are to furnish buyer with owner's title insurance and merchantable deed. Lestinsky Auctioneers LLC. is representing the seller in this transaction. 10% buyers premium POSSESSION: Day of Closing
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 199,999.00 5,000.00 USD
199,999.01 - 299,999.00 1,000.00 USD
299,999.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% Buyers Premium
Payment Terms
Non refundable down payment Cash, Check, Credit card with a 4% convience fee.
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