Auction Postponed

This auction will not occur on July 13th.  This date is only being used as a placeholder.  This page will be updated when we have a new date.  Join our email list for updates.

Bankruptcy Auction
re:  GMS Diner Corp t/a Six Brothers Diner

  • A Little Falls, NJ, Plenary Retail Consumption Liquor License # 1605-33-015-007
  • Commercial Kitchen Equipment
  • Refrigeration of All Kinds
  • Seating Package
  • & Much More.

Auction Format:  Bid Live or Online. 

click here to bid online

Auctioneer's Note:  Liquor License bidders will need to tender a deposit in advance of auction if they intend to participate via online bidding platform.

  475 Route 46 East, Little Falls, NJ 07424, US (map)

Bankruptcy Auction
re:  GMS Diner Corp t/a Six Brothers Diner

  • A Little Falls, NJ, Plenary Retail Consumption Liquor License
  • Commercial Kitchen Equipment
  • Refrigeration of All Kinds
  • Seating Package
  • & Much More.

Auction Format:  Bid Live or Online.
Auctioneer's Note:  Liquor License bidders will need to tender a deposit in advance of auction if they intend to participate via online bidding platform.

Deposit
All bidders must be in possession of a $10,000 Cashier’s Check (at time of registration) to participate. These funds must be presented as a deposit immediately at the time of successful bid.  Deposit check is made payable to Donald V. Biase, Trustee.

Balance of Payment
Balance of Payment is due by 4PM Tuesday, September 26th , 2017 via cashier’s check.

Transfer of License
Buyer of License is responsible for costs associated with transfer of license.  Buyer must comply with all state & local rules & regulations.

Clear Title
License is being offered free & clear of all liens, liquor bills & taxes.

As-Is, Where Is
Liquor License  is being sold “as is, where is” with no contingencies.    Auctioneer makes no implied warranties or guarantees regarding the condition, description and/or marketability of the liquor license. Please consult with an attorney, the NJ ABC and the City of West Orange, NJ clerk’s office regarding regulations.  Auction is not subject to a place to place or person to person transfer.

Buyer Premium
10% Buyer’s Premium applies. 

High Bidder is Bound to Their Bid
Auctioneer reserves the right to resell license, with buyer forfeiting their deposit, if these Terms of Sale are not met.  In the event of a resale, original buyer will be responsible for any deficiency in sale price.

Disclaimer
Bidders must rely on their own due diligence & research. Auctioneers and Attorneys are not responsible for any errors in mailers or advertising. Please use this information as a guide only. Thank you for attending this auction.

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