BANKRUPTCY AUCTION

United States Bankruptcy Court
Southern District of Florida - Miami Division

In Re: DU-RITE Company d/b/a Denny's Classic Diner

Auction No.: 18-026
Case No. 18-017194-RAM

Auction will be Conducted at:
Denny's Restaurant
925 Duval Street, Key West, Florida 33040

Friday, September 21, 2018 @ 11:00 A.M.

Preview from 9:00 A.M. - 11:00 A.M.

Denny's Restaurant - Key West


INVENTORY

(8) booths and tables (4 seaters, grey tops), 15 benches, red & black
(17) square (grey tops) tables (4 seats)
(53) chairs (teal)
(4) high chairs (grey plastic)
(4) booster seats (black plastic)
(3) Bunn Auto Drip Coffee Makers
(8) coffee pots – S.S.
(1) True Ice Cream Freezer
(1) True Salad Bar – 3 ½’ wide
(1) APW Double Drawer Warmer
(2) 2 Gallon S.S. Ice Tea holders
(2) Blend Tec Blenders w/4
(1) Hot Fudge Warmer
(3) Deep Fryers – propane (35 lb. capacity)
(2) 4’ Jade Grills
(1) Touch Screen Micros POS System
(4) Touch Screens, 4 printers, 2 kitchen printers
(1) Delfield 3 ½” under counter S.S. Refrigerator (2 years old)
(1) Garland Range/Stove, 6 burners
(2) M3 Sandwich Stations/Turbo Air. 1 – 4 1/ 2”, 1 – 3 1/ 2”, (2 years old)
(2) Pro Fajita Warmers
(2) Amana 1200 W Microwaves
(1) Stand Up 6’ Turbo Air Freezer
(15) 6’ Metro Shelving 3-4 shelves per
Over 100 assorted S.S. 1/6, 1/3, & ½ pans
2 Busco racks with ½ sheet pans approximately 16
Miscellaneous: Prep table with sink, Triple sink, S.S. Busser/Dish area table with shelf

PHOTOS

TERMS & CONDITIONS OF SALE

1. BIDDER REGISTRATION:

The auction is open to the public and all bidders are required to register with the auctioneer to receive a bidder's card. Bidder Registration will begin at 9:00 A.M. on Auction Day.

2. PREVIEWS:

Assets scheduled for inclusion in this auction will be available for preview two hours before the auction is scheduled to begin from 9:00 A.M. until 11:00 A.M. All assets are offered and sold in As Is condition without warranty of any kind. Bidders are encouraged to preview the items included in this auction.

3. PAYMENT & DEPOSITS:

Payment in full is expected at the conclusion of the auction by Cash, Cashier's Checks or Money Orders. Corporate checks will be accepted when accompanied by a current Bank Letter (made specifically for this auction and addressed to National Auction Company) guaranteeing payment and subject to verification at the time of Bidder's registration. Bidders who leave the auction site without paying in full must make a deposit that equals 25% of their total purchase price and advise the auction staff when they are returning with any balance due. If no deposit is made, the Auctioneer reserves the right to resell any items that were purchased during the auction. Balances due must be paid on auction day no later than 5:00 P.M.

4. FLORIDA SALES TAX:

All sales are subject to the rules of the Florida Department of Revenue at the sales tax rate collected in Monroe County, Florida. Florida dealers with resale numbers are asked to bring a certificate to the auction and present it at the time of bidder registration.

5. FORM of AUCTION:

This auction is conducted by Court Order and will only include assets that are the property of DU-RITE COMPANY d/b/a DENNY'S CLASSIC DINER. All assets are offered for sale to the highest bidders. The Auctioneer reserves the right to offer the assets by the piece or in bulk.

6. BUYER'S PREMIUM:

A 10% Buyer's Premium will be added to all top bids and included in the total purchase price. Final invoices will reflect top bid prices and 10% Buyer's Premium.

7. METHOD of SALE:

8. OTHER TERMS of SALE:

9. REMOVAL of PURCHASES:

All purchases must be removed from the premises as soon as possible after completion of the auction. Purchasers cannot be removed until the auction has been completed and full payment has been made. Purchasers will be given access to the auction site until 5:00 P.M. on auction day and by appointment with the Auctioneer. All purchases must be removed in a professional manner that does not cause damage to the premises. The Auctioneer reserves the right to coordinate times for dismantling and removal of assets.

10. DIRECTIONS TO AUCTION SITE:

Florida's Turnpike South or U.S. One south to Key West and continue to Duval Street and turn right. The auction site is located at the corner of Duval Street at Truman Avenue. If additional details are needed please contact George Richards at (954) 658 5033 (cell) or grichards@natlauction.com (E mail).

11. AUCTIONEER CONTACT INFORMATION:

If additional details are needed please contact George Richards at
(954) 658-5033 (cell) or grichards@natlauction.com (E-mail).
National Auction Company
1325 S. Congress Avenue, Suite 202
Boynton Beach, Florida 33426
Tel: (561) 364-7004 - Fax: (561) 364-8803
Licensed Real Estate Brokers & Auctioneers
AB640 - AU899

MAP

For further information on how the auction
method of sale can work for you, please contact us at:

Telephone: 561-364-7004 FAX: 561-364-8803

National Auction Company
Licensed Real Estate Brokers & Auctioneers

1325 S. Congress Avenue, Suite 202
Boynton Beach, FL 33426
AB640 AU899

Members:
National Auctioneer's Association
and Florida Auctioneer's Association
                

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