BUSINESS, EQUIPMENT, & REAL ESTATE AUCTION
Established Restaurant. Location overlooks Bogue Homa Lake (State Park) and has been a restaurant since the late 1960’s. Real estate consist of 2500 +/- sq. ft. restaurant building, featuring separate banquet room, large kitchen, two bathrooms, and large wraparound porch. Large one acre +/- lot. Paved parking, 8 tons of a/c, tankless hot water system located just off US 84. Seating for 130 +/- and fully furnished. Signage includes large pole mounted electric sign and flashing arrow sign. Sewage is low pressure pipe waste water treatment system. Food service equipment consists of the following: 4 top tables and chairs, refrigerated display cases, heated display cases, 3 convertible refrigerator/freezers (reach in), stainless steel carts, several stainless steel work tables, stainless steel sandwich/salad prep unit, baked goods display unit, Hoshizaki 450# ice machine, iced tea urns, Bunn coffee systems, custom counters, toaster oven, two microwaves, 8 burner double oven w/flat top, steak grill, 16’ stainless steel vent hood with fire suspension system, 4 – stainless steel double deep fryers, heat lams, pots, pans, utensils, China, silverware, mini refrigerator, rolling racks, fans, hand washing sink, prep sink, 3 component dish washing sink, stainless steel dishwasher with spray unit, scales, mixer, meat slicer walk-in cooler with reach-in doors, crock pots, chest freezer, complete office, cash register with credit card unit and outdoor seating. Restaurant features steaks and catfish and has an “A” health department rating. Nicely decorated. This is a going business and ready for its new owner. Call for preview. Seller will help train new owner. Currently open for dinner only, Thursday, Friday, and Saturday pm. Very low reserve. This is a great business opportunity.
Bidders will be required to present a valid drivers license and a cashiers check in the amount of $10,000 to obtain a bidder number. This is a great opportunity to purchase Real Estate at Auction. Real Estate Brokers welcome and protected. Contact Auctioneer for additional information. Terms of Auction: The successful bidder will be required to make a 10% non-refundable deposit the day of the auction. The sale IS NOT subject to the buyer’s ability to obtain financing nor any other contingency, feasibility period, or the results of inspections or appraisals. Should the buyer default and fail to close as specified, the buyer will forfeit their deposit, which will immediately be released to the Auction Co. / Broker. This sale is subject to Seller and lien holder confirmation. Closing will be within 30 days of the auction date. If Seller fails to close or deliver clear title, the Auction Co. / Broker will not be responsible. If for any reason the sale cannot be consummated because of the seller, the down payment will be refunded. The property is offered “AS IS – WHERE IS” with no contingencies, repairs, clean up or improvements. Prospective buyers should inspect the property prior to sale day. Information provided by auction co. is believed to be accurate; however, auction co. does not guarantee accuracy of the information provided. Successful bidder will be required to sign a contract upon conclusion of the bidding. Bidder understands and agrees that Nick Clark Real Estate Broker and Clark Auctions represents the Sellers and will not be considered an agent for the Bidder. Nick Clark Real Estate Broker Clark Auctions MAL# 1145, 101 Saddle Creek Cove, Canton, MS 39046. 601.317.2536 “Mississippi’s Hardest Working Auctioneer”. For Bid info call 601-317-2536. 10% Buyer’s Premium.