Quay Caterers, LLC
280 Ocean Ave.
Sea Bright, N.J 07760

PROPERTY FOR SALE:

State of New Jersey, County of Monmouth
Borough of Sea Bright,
NJ Plenary Retail Consumption License Privilege #1343-33-019-011

LOCATION OF SALE:

Borough of Sea Bright, Borough Hall
1167 Ocean Ave.
Sea Bright, NJ 07760

DATE AND TIME: Cancelled

MINIMUM BID: $30,000.00

PAYMENT TERMS:

• Successful bidders must make a minimum deposit of 25% of their respective bid immediately following their successful bid. Failure to do so will result in forfeiture of the bid.
• Payment must be in guaranteed funds such as cash, certified check, bank check or money order. No third party instruments will be accepted.
• Balance, also in guaranteed funds, due by 12 noon on Friday, November 19, 2010 at the NJ Division of Taxation Neptune Regional Office, 1828 W. Lake Ave. Neptune, N.J. or deposit monies will be forfeited.
• Checks must be payable to: New Jersey Division of Taxation

• This sale may be postponed or cancelled at the discretion of the NJ Division of Taxation.
• NJ Division of Taxation employees or any member of the employee’s immediate family may not participate in this public sale.
• The NJ Division of Taxation reserves the right to receive or reject bids or bidders.
• This liquor license is sold subject to any restriction imposed by the NJ Division of Alcoholic Beverage Control on this license as those set forth in N.J.A.C. 13:2-24.
• The successful bidder for the liquor license must submit a complete “good faith” transfer application to the municipality and pay the fee for the transfer of the license by Monday, November 29, 2010. Failure to do so will result in forfeiture of all monies paid to the NJ Division of Taxation for the license.
• If the successful bidder makes proper application for the transfer and renewal of the license, passes the background check conducted by the municipality, follows all guidelines set by the municipality and the municipality denies the application, then the monies paid to the NJ Division of Taxation will be refunded. The NJ Division of Taxation then has the right to go to the next highest bidder or re-auction the license.