BULK SALES

NOTICE TO CREDITORS OF

BULK SALE AND OF

INTENTION TO TRANSFER

ALCOHOLIC BEVERAGE LICENSE

(UCC Sec. 6101 et seq. and

B & P Sec. 24073 et seq.)

Escrow No. 250710-JS

NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage license is about to be made. The name(s) and business address of the Seller(s)/licensee(s) are: JOO KANG OH AND BYUNG SOON OH, 13103 LAKEWOOD BLVD DOWNEY, CA 90242

Doing Business as: ROYAL LIQUOR

All other business names(s) and address(es) used by the seller(s)/licensee(s) within the past three years, as stated by the Seller(s)/licensee(s), is/are:

The name(s) and address of the Buyer(s)/applicant(s) is/are: ROYAL LIQUOR LAKEWOOD INC, 13103 LAKEWOOD BLVD DOWNEY, CA 90242

The assets being sold are generally described as: ALL STOCK IN TRADE, FIXTURES, EQUIPMENT, GOODWILL, TRADENAME, LEASE, LEASEHOLD IMPROVEMENTS, AND COVENANT NOT TO COMPETE, AND ABC LICENSE and is/are located at: 13103 LAKEWOOD BLVD DOWNEY, CA 90242

The type of license to be transferred is/are: 21-635370 OFF SALE GENERAL now issued for the premises located at:

The bulk sale and transfer of alcoholic beverage license(s) is/are intended to be consummated at the office of: TEAM ESCROW BP INC, 6281 BEACH BLVD SUITE 100, BUENA PARK, CA 90621 and the anticipated sale date is SEPTEMBER 26, 2025

The purchase price of consideration in connection with the sale of the business and transfer of the license, is the sum of $365,000.00, including inventory estimated at $70,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH $365,000.00; ALLOCATION TOTAL $365,000.00

It has been agreed between the Seller(s)/licensee(s) and the intended Buyer(s)/transferee(s), as required by Sec. 24073 of the Business and Professions code, that the consideration for 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:

JOO KANG OH AND BYUNG SOON OH, Seller(s)/Licensee(s)

ROYAL LIQUOR LAKEWOOD INC, Buyer(s)/Applicant(s)

ORD-4145129 DOWNEY PATRIOT 9/4/25

FCS ORD-4145129

The Downey Patriot

9/4/25