Bulk sale and transfer of alcoholic beverage license for Papa's Discount.
Official Courthouse Record · AI-summarized for clarity
- Published
- Category
- Foreclosure
- City
- Santa Maria
What You Should Do Next
- 1
Contact the Department
Reach out to the Department of Alcoholic Beverage Control for approval details.
- 2
Prepare for Transfer
Ensure all necessary documents are ready for the transfer on April 3, 2026.
- 3
Attend the Sale
Be present at Sepulveda Escrow Corporation on the sale date for the transaction.
Frequently Asked Questions
- What is the address for the bulk sale notice?
- The address is 1975 S. Broadway #D, E, F, Santa Maria, CA 93454.
- When is the anticipated date of the sale?
- The anticipated date of the sale is April 3, 2026.
- Who are the parties involved in the sale?
- The seller is Papa's Discount, Inc. and the buyer is Empire Market & Grocery, Inc.
- What is the purchase price for the business?
- The purchase price for the business is $250,000.
The above suggestions and answers are AI-generated for informational purposes only. They may contain errors. NoticeRegistry assumes no responsibility for their accuracy. Consult a qualified professional before taking action.
Full Notice Text
NOTICE TO CREDITORS OF BULK SALE AND OF INTENTION TO TRANSFER ALCOHOLIC BEVERAGE LICENSE (U.C.C. 6101 et seq.and B & P 24073 et seq.)Escrow No. 17929Notice is hereby given that a bulk sale of assets and a transfer of alcoholic beverage license is about to be made. The names, Social Security or Federal Tax Numbers, and address of the Seller/Licensee are:PAPA'S DISCOUNT, INC., A CALIFORNIA CORPORATION 1975 S. BROADWAY #D, E, F SANTA MARIA, CA 93454The Business is known as:PAPAS DISCOUNTThe names, Social Security or Federal Tax Numbers, and addresses of the Buyer/Transferee are:EMPIRE MARKET & GROCERY, INC., A CALIFORNIA CORPORATION, 1975 S. BROADWAY #D, E, F SANTA MARIA, СА 93454As listed by the Seller/Licensee, all other business names and addresses used by the Seller/Licensee within three years before the date such list was sent or delivered to the Buyer/Transferee:NONEThe assets to be sold are described in general as: All stock in trade, fixtures, equipment and good wil of certainMARKETand located at:1975 S. BROADWAY #D, E, F, SANTA MARIA, CA 93454The kind of license to be transferred is:OFF-SALE BEER & WINE Number 20-632696now issued for the premises located at:1975 S. BROADWAY #D, E, F, SANTA MARIA, CA 93454The amount of the purchase price or consideration in connection with the transfer of the license and business, including the estimated inventory, is the sum of$250,000.00,which consists of the following:DESCRIPTION AMOUNTCASH $250,000.00It has been agreed between the Seller/Licensee and the intended Buyer/Transferee, as required by Sec. 24073 of the Business and Professions Code, that the consideration for the transfer of the business and license is to be paid only after the transfer has been approved by the Department of Alcoholic Beverage Control.The anticipated date of the sale/transfer isAPRIL 3, 2026at the office ofSepulveda Escrow Corporation at 10550 Sepulveda Boulevard, Suite 105, Mission Hills, CA 91345.Dated:FEBRUARY 2, 2026Transferee and Intended TransfereeEMPIRE MARKET & GROCERY, INC., A CALIFORNIA CORPORATION/S/ By: RAMI ZAKOUR, PRESIDENTTransferor and LicenseePAPA'S DISCOUNT, INC., A CALIFORNIA CORPORATION/S/ By: ABDO SHAHOUD, PRESIDENTPub dates: Feb 20, 2026Legal 565580
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