Notice of bulk sale and transfer of alcoholic beverage license.
Official Courthouse Record · AI-summarized for clarity
What You Should Do Next
- 1
Review the notice
Ensure you understand the details of the bulk sale and its implications.
- 2
Contact the escrow office
Reach out to Masters Escrow before the sale date for any inquiries.
- 3
Prepare for potential claims
If you are a creditor, consider filing any claims before the sale date.
Frequently Asked Questions
- What is a bulk sale notice?
- A bulk sale notice informs creditors about the sale of a business's assets.
- How can I find out more about the sale?
- Contact Masters Escrow at 6561 Beach Blvd, Buena Park, CA for details.
- What is the date of the sale?
- The anticipated date of the sale is March 27, 2026.
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 24074 et seq.) Escrow No. 001587-SK Notice 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: HIDDEN POINT, INC., 3953 IRVINE BL., IRVINE, CA 92602 The business is known as: TANG N TANG The names, Social Security or Federal Tax Numbers and addresses of the Buyer/Transferee are: GB PALACE INC., 3953 IRVINE BL., IRVINE, CA 92602 As 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 are: NONE The assets to be sold are described in general as: FURNITURES, FIXTURES, EQUIPMENT, TRADE NAME, GOODWILL, LEASEHOLD INTEREST AND IMPROVEMENT, COVENANT NOT TO COMPETE AND ABC LICENSE # 643854 and are located at: 3953 IRVINE BL., IRVINE, CA 92602 The kind of license to be transferred is: 41-ON-SALE BEER AND WINE-EATING PLACE, now issued for the premises located at: 3953 IRVINE BL., IRVINE, CA 92602 The anticipated date of the sale/transfer is MARCH 27, 2026 at the office of: MASTERS ESCROW, 6561 BEACH BLVD, BUENA PARK, CA 90621 The amount of the purchase price or consideration in connection with the transfer of the license and business, including the estimated inventory of $1,000.00, is the sum of $625,000.00, which consists of the following: DESCRIPTION, AMOUNT: CHECKS $40,000.00; CASH $85,000.00; DEMAND NOTE $500,000.00; TOTAL AMOUNT $625,000.00 It 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. DATED: FEBRUARY 17, 2026 HIDDEN POINT, INC., A CALIFORNIA CORPORATION, GB PALACE INC., A CALIFORNIA CORPORATION 5043906-PP DAILY PILOT 2/27/26
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