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IRAY Auction
Dewey's Restaurant in Downtown Foley, MN Thursday May 1, 2008 Foley MN USA IRAY Auction Business Auction
Thursday May 1, 2008, in Foley, MN
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| Dewey's Restaurant in Downtown Foley, MN | | Date & Time: | Thursday, May 1, 2008 9:15 am Sharp! | | Location: | 141 4th Ave S, Foley, MN
| | Highlights: | Sold to the Highest Bidder!!
The buildings will be sold at 10:00 AM Turn Key Opportunity
Building, Business & Equipment Click here to see a list of the restaurant equipment being sold. Inspections:
Monday, April 21st and 28th at 6-7 pm     
| | Categories: | Catalog - ALL ITEMS (2) - REAL ESTATE (2) | | Notes: |
Click here to see Auction Flyer(1MByte pdf file)
• SUCCESSFUL TURNKEY BUSINESS OPPORTUNITY - BUILDING & EQUIPMENT
• NEWLY REMODELED 8000 SQ FT
• CAN BE SPLIT INTO 2 BUILDINGS – OR SOLD AS ONE
• RESTAURANT EQUIPMENT WILL BE AUCTIONED FOLLOWING BUILDING SALE
• MANY COMMERCIAL USE OPTIONS PROVIDE UNLIMITED CASH FLOW POSSIBILITIES
• CREATIVE FINANCING AVAILABLE SUCCESSFUL OWNER HAS BUILT THIS THRIVING RESTURANT BUSINESS – IS NOW BRANCHING OFF INTO ANOTHER AREA AND WANTS TO SELL! SMALL TOWN CHARM AND GREAT REPUTATION MAKE THIS AN UNBELIVEABLE OPPORTUNITY. | | Terms: | On auction day successful bidder will submit a $25,000 cashiers check for non-refundable down payment, along with an irrevocable bank letter of credit or approved financing documentation.
Broker Participation: Available at 2%, with at least 48 hour notice.
Closing: Approximately 30-45 days after auction. Will accept cash on day of closing.
Buyers Premium: A 10% premium will be added to the high bid. That will equal the total price.
Example: A bid of $100,000 + 10% or $10,000 = $110,000 total price. Buyers Premium to be paid at closing.
Sale subject to owner confirmation All information stated heron is provided by the owner and IRAY Auction makes no warranty as to its accuracy.
Any announcements day of sale take precedence over any advertised information.
Owners, Auctioneers, Clerks or their helpers are not responsible for accidents. | | Directions: | Directions: From intersection of MN Hwy 25 & 23 in Foley go East 3 blocks on Hwy 23, turn right on 4th Ave S go 3 blocks restaurant is on the right. Legal: Section 26 Twsp 37 Range 29, Lot 9 & 10, Block 4, Plat 13003 City of Foley, Benton Co, MN | | Contact: | I.R.A.Y. AUCTION
11935 HWY 95 NE
FOLEY MN 56329
Phone:877-968-7230 or 320-968-7230
Fax: 320-968-8075
iray@iraymn.com IRAY Auction Web Site
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For more details and photos, go here to View the Salebill
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