AUCTION Aug. 3rd 11am
TURN KEY READY RESTAURANT
“My Way Cafe”
7368 Hwy. 238, Ruch, OR
Previews: Tues. July 23rd 1-5pm or by appt.
Superb business opportunity. Open the doors and begin operating an established and profitable quality restaurant located at the gateway to the Applegate wine country. Built in 2011, this restaurant is in immaculate condition with a fully equipped top quality kitchen. Fine dining area, seats 55+, with both booth and table seating as well as an outdoor seating area with stage venue . Existing liquor license. Prepaid lease with options. Enormous amount of tenant improvements. Two complete ADA approved restrooms.
CALL FOR COMPLETE AUCTION PACKAGE 541-261-4103
My Way Café Restaurant
Turn Key Ready Restaurant
in the beautiful Applegate Valley
Location: 7360 Highway 238, Ruch, OR 97530
High visibility location on Hwy 238, gateway to the Applegate Valley wine country and back road to Grants Pass. Located on the corner of a multi-store complex and adjacent to the neighborhood grocery store. In close proximity to the Applegate Christian Fellowship, one of the largest congregations in Oregon.
Building: Corner location in single story shopping plaza. Wood and stone front exterior. Two glass front doors and three front windows.
484 sq.’ outside patio area with rustic wood furniture and small stage venue.
Interior: Approx. 534 sq.’ of dining space, 200 sq.’ entry, bar counter & service area and 600 sq.’ of kitchen & utility space. Casual and/or fine dining capability.Tenant improvements in 2011 have been extensive and include but are not limited to the following:
1. Completely new plumbing and electrical wiring
2. Full service Beer & Wine bar
3. Bamboo laminate dining room floor
4. Tile entry
5. Tile bar and counter top
6. New tables & seating
7. New Men & Womens ADA approved restrooms w/tile floors
8. New hot water heaters
9. Kitchen fully remodeled in 2011
Lease: Existing lease of 2.5 years is prepaid for 5 months . Available lease options.
Licenses: Existing beer & wine license
Records: All records of purchases and equipment available
EQUIPMENT:
Vissani Wine Cooler Model MCWC50DST IMI Cornelius Ice Bin Model 152DI-K Saeco Incanto deluxe S-class Espresso Maker Bunn CW Series Commercial Coffee Maker Turbo Air M3 Refrigerated Prep Table Model MST-28 True Two Door Sliding Glass Front Cooler, 48”w x 76”h Panasonic Inverter Stainless Commercial Microwave Curtis ADS Stainless Steel Ice Tea Brewer Manitowoc Ice Machine 285lb. Model QDO272A Anvil Food Machine Commercial Mixer w/Attachments Model MIX120 CMA Dishmachines Dishwasher Cres Cor Insulated Counter Top Hot Cabinet Model H-339-12-135C
Robot Coupe R100 Commercial Food Processor Robot Coupe CMP350 Hand Held Power Mixer Cadco FSW-1 Food Warmer Vollrath Cayenne 12” Broiler Gas/Lava Rock Charbroiler 36” Wolf Oven & 36” Wolf Flat Grilltop 36” Wolf Gas Salamander Broiler Oven . 36” Wolf Challenger XL 6 Burner Gas Range with Lower Oven Custom Stainless Steel Hood w/Acme UL 300 Fire Suppression System Pitco Frialator 15” Deep Fryer Model 45C Continental Double Door Refrigerated Prep Table Model SW60-18M
Custom Cooler Walk-in Refrigeration 6’ x 9’/Freezer Unit 6’ x 7’ Built 2010 Eagle 3 Compartment Undercounter Stainless Bar Sink Wunderbar Dispensing System 5 Spigot Beer Tap System Ice & Water Dispensing Station – built in Vollrath Cayenne 2 Pot Warming Royal 585 CX Cash Register Magic Chef Under Counter Mini Fridge Stainless Steel Prep Table 28” x 36” Tabco Deep SS Bar Sink Tabco Shallow SS Prep Sink Vollrath SS Mixer Stand 24’ x 24” Surface Easy Fry Cutter & Bracket 18” SS Deep Sink
36” x 30” Stainless Steel Prep Table 36” x 12” Stainless Steel Shelf 24” x 24” x34” Stainless Steel Prep Table 18” x 30” Stainless Steel Filler Prep Table
36” x 29” x 35” SS Prep Table with Shelf Hatco Glo-Ray Food Warmer (7) 6’ Chrome 4 Shelf Metro Racks
(2) Pastry ProofingRollingCarts Back to Basics Meat Grinder
Cuisinart Juicer 6’ Werner Ladder Sherwood Stereo Receiver Walnut Glass Racks
COOKING::
(12) Cast Iron Fry Pans 6.5” (5) Cast iron Fry Pans 8″ Mandolin Slicer (4) 12” Challenger Aluminum Fry Pans
(4) 10” Challenger Aluminum Fry Pans (5) 8” Challenger Aluminum Fry Pans (3) 7” Challenger Aluminum Fry Pans Challenger 50 Gal. Stock Pot (2) Challenger 40 Gal. Stock Pots (2) Challenger 120 Qt. Stock Pots. (2) Challenger 20 Qt. Brazier Pots (2) Challenger 7 Qt. Sauce Pan (4) Challenger 4.5 Qt. Sauce Pan (8) Full Sheet Aluminum Baking Pans (2) Half Sheet Baking Pans
SMALLWARES:
SEATING: (12) 5” x 22” Metal Table Bases (10) Reversible Black/Mahogany
(10) Metal Table Bases 22” x 22” 48” Round Laminate Table Top Metal Table Base 30” x 30” (4) 48” x 24” x 42” Single Booth (3) 48” x 24” x 42” Double Booth High Chair
(4) Chrome & black vinyl swivel retro barstools
Outdoor Area (2) Wood slab counters with 9 log stools Wine barrel table with 3 log stools (2) Solid wood tables with matching wooden benches(seats 8-12)
GLASSWARE & DISHES:
(86) Water Glasses (35) WineGlasses (24) Champagne (21) Coffee (10) Martini Glasses (3)BrandyGlasses (30)OvalPlatters12” (42) Oval Platters 9” (62) Dinner Plates 10.5” (12)RimSoups9” (70) Dessert Plates 7” ` (104) Bread & Butter Plates 6.5” (24) Round Bowls 5.5” (10) Coffee Cups & Saucers (7) Demitasse Cups & Saucers (9) Plastic 2 QuartPitchers
OFFICE FURNITURE:
Double Pedestal Desk Black Leather Office Chair 4 Drawer File Cabinet
SIGNAGE:
TENANT IMPROVEMENTS
Plumbing Electrical Tile counter top bars Building Materials Building Labor Ironwork Fabrication TOTAL START-UP EXPENDITURES: $97984.00
TERMS AND CONDITIONS OF SALE
ALL BIDDERS MUST REGISTER AND RECEIVE A BID NUMBER IN ORDER TO BID IN THE AUCTION SALE.
To obtain a bidder’s number for the auction sale, prospective buyer must provide at registration either:
1. CERTIFIED CHECK IN THE AMOUNT OF $10,000.00 MADE PAYABLE TO THE BIDDER , OR 2. A LETTER OF GUARANTY ALONG WITH A PERSONAL CHECK FOR $10,000.00 ON SAID ACCOUNT.
The winning bidder will use this $10,000.00 as a non-refundable deposit toward the purchase & sale of the business known as “My Way Café” in Ruch, OR, which includes all personal property contents and leasehold agreements. The balance of the winning bid will be due within 72 hours of the close of the auction sale.
The undersigned Bidder(s) acknowledge and agree by their participation in the Auction that Bidder(s) have inspected the personal property and leasehold documents and are not relying on any warranty or representation of the Auctioneer or any agents of the Auctioneer and that the entire business know as “My Way Café” is sold in “AS IS, WHERE IS”, condition with no warranties by seller or auctioneer, expressed or implied. Any decision to purchase or not to purchase is the sole and independent business decision of the potential purchaser. No recourse or cause of action may be taken against the Auctioneer or Seller should purchaser become dissatisfied with their decision, whatever it may be, at a later date. The Buyer is entitled to rely solely on their own inspections and evaluations, and not on any representations from seller or auctioneer.
ALL SALES ARE FINAL. BY PLACING A BID YOU ARE ENTERING INTO A LEGAL CONTRACT TO PURCHASE.
Sale price subject to seller’s acceptance.
A 5% buyers premium will be added to the final bid.
Announcements made on the day of the auction sale take precedence over any previous printed material. Wall Auctioneers reserves the right to postpone or cancel the auction sale for any reason whatsoever, and no Bidder or prospective Bidder shall have any claim as a result thereof, including consequential damages.
DISPUTE RESOLUTION–AGREEMENT FOR ARBITRATION
Bidder (s) and “Wall Auctioneers, LLC.” agree that any disputes, controversy, or claims between the Bidder(s) and “Wall Auctioneers” that arise out of or relate in any way to this auction sale and any events occurring before or after the auction sale shall be settled by arbitration and shall be administered by the American Arbitration Association in accordance with Title 9 of the United States Code (United States Arbitration Act) and the commercial Arbitration Rules of the American Arbitration Association.
By way of example only, such claims include, but are not limited to, claims for fraud, breach of contract, negligence, wantonness, and or any other action or claim in contract or tort. The parties agree to be bound exclusively by final and binding arbitration as described herein. Judgment on the award rendered by the Arbitrator(s) may be entered in any Court having jurisdiction thereof.
Bidder(s) and “Wall Auctioneers, LLC” shall upon the written request of the other party, promptly provide the other party with copies of documents on which the producing party may rely in support of or in opposition to any claim or defense. Any dispute regarding discovery, or the relevance or scope thereof, shall be determined by the Arbitrator(s) which determination shall be conclusive. All discoveries shall be completed on or before ninety (90) days after the appointment of the Arbitrator(s). At the request of
a party, the Arbitrator(s) shall have the discretion to order examination by deposition of witnesses to the extent the Arbitrator(s) deems such additional discovery relevant and appropriate. However, depositions shall be limited to a maximum of three (3) per party and shall be held within forty-five (45) days of the date of the Order of the ‘ Arbitrator approving the taking of depositions. Each deposition shall be limited to a maximum of six hours duration. All objections are reserved for the arbitration hearing except for objections based on privilege and proprietary or confidential information. ‘.The arbitrator(s) will have no authority to award punitive or other damages not measured by the prevailing party’s actual damages. Bidder(s) and “Wall Auctioneers, LLC” shall bear their
own costs and expenses (including attorneys’ fees) and an equal share of the arbitrators’ fees and the administrative fees of arbitration.
The award of the arbitrator(s) shall be accompanied by a reasoned opinion, signed by the arbitrator(s) and shall include a statement regarding the reasons for the disposition of any claim including [Hidings of fact and a breakdown as to specific claims. Except as may be required by law, neither a party nor an arbitrator(s) may disclose the existence, content, or results of any arbitration hereunder without the prior written consent of both parties. The place of arbitration shall be Medford, Oregon.
Bidder(s) and “Wall Auctioneers, LLC agree and acknowledge that the business of “Wall Auctioneers, LLC” and this auction sale involve interstate commerce. Bidder(s) and “Wall Auctioneers, LLC” agree that Bidder(s)’ execution of this Agreement to Arbitrate is an integral part of “Wall Auctioneers, LLC” agreement to allow Bidder(s) to participate in the bidding at the auction. Bidder(s) and “Wall Auctioneers, LLC” further agree that there is adequate consideration between the parties for this Dispute Resolution–Agreement to Arbitrate. Bidder(s) and “Wall Auctioneers, LLC” agree to keep the dispute resolution and arbitration proceedings confidential except as necessary to effectuate the resolution of the dispute by arbitration.
Date:______________________________
Bidder Name: Print_____________________________ Sign_________________________________
Address: ___________________________________________________________________________
Phone: Home:____________________ Cell:__________________ Business:___________________
Bidder Name: Print_____________________________ Sign_________________________________
Address:___________________________________________________________________________
Phone: Home:____________________ Cell:__________________ Business:___________________