PURCHASE AGREEMENT
3808 Towne Crossing Blvd.
Mesquite, TX
This AGREEMENT, entered into effective as of the 10 of July, 1996.
l. Parties. Seller is AEI Real Estate Fund XVI Limited
Partnership as to an undivided 35% interest, and AEI Real Estate
Fund XVII Limited Partnership as to an undivided 65% interest,
("Seller"). Seller holds an undivided 100% interest in the fee
title to that certain real property legally described in the
attached Exhibit "A" (the "Property"). Buyer is BW,
Incorporated, a Texas corporation, ("Buyer"). Seller wishes to
sell and Buyer wishes to buy the Property.
2. Property. The Property to be sold to Buyer in this transaction
is legally described on Exhibit A attached hereto, subject to all
easements, covenants, conditions, restrictions and agreements of
record ("Permitted Exceptions"). Additionally, Seller makes no
claim of the items of personalty listed on Exhibit A-1, but
Seller will provide Buyer with a Quit Claim Bill of Sale,
(without warranty of title of any kind) as to the items of
personalty listed on Exhibit A-1.
3. Purchase Price. The purchase price for this Property is
$1,050,000, based on the following terms:
4. Terms. The purchase price for the Property will be paid by
Buyer as follows:
(a) When this agreement is executed, Buyer will pay $25,000
to be deposited into Escrow (the "First Payment"), and
independent consideration of $50 which the parties have
bargained for and agreed upon as consideration for Seller's
execution and delivery of this agreement. The independent
consideration is independent of any other consideration and
is non-refundable and shall be retained by seller. The First
Payment will be credited against the purchase price when and
if escrow closes and the sale is completed. After the
expiration of the Review Period as defined in paragraph 6
below, the First Payment held for the account of Seller
shall become non-refundable.
(b) Balance of purchase price, $1,024,950, to be deposited
into escrow on or before the closing date.
5. Closing Date. Escrow shall close on or before August 30, 1996.
6. Due Diligence. Buyer will have until the expiration of the
forty-fifth day after delivery (the "Review Period") of each of
following items as set forth in 6(a) - (b), to be supplied by
Seller, to conduct all of its inspections and due diligence and
satisfy itself regarding each item, the Property, and this
transaction.
(a) A title insurance commitment for an Owner's Title
insurance policy (see paragraph 8 below).
Buyer Initial: /s/ R.B. /s/ J.W.
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
(b) Copy of the survey of the Property done concurrent with
Seller's acquisition of the Property.
Buyer acknowledges that the information provided and to be
provided by Seller with respect to the Property was obtained
from outside sources and Seller neither (a) has made
independent investigation or verification of such
information, or (b) makes any representations as to the
accuracy or completeness of such information. Seller is not
aware that such information is inaccurate or misleading.
At closing, Seller shall provide Buyer with an affidavit
under penalty of perjury, that Seller is not a "foreign
person".
Buyer may cancel this agreement for ANY REASON in its sole
discretion by delivering a cancellation notice by certified mail,
return receipt requested, or by personal delivery to Seller and
escrow holder before the expiration of the Review Period or
Inspection Period as defined in Section 16. Such notice shall be
deemed effective only upon receipt by Seller.
If Buyer cancels this Agreement as permitted under this
Section or Section 16, except for any escrow cancellation fees of
the escrowee which will be split equally between the Buyer and
Seller, and any liabilities under sections 15(a) of this
Agreement (which will survive), Buyer (after execution of such
documents reasonably requested by Seller to evidence the
termination hereof) shall be returned its First Payment, and
Buyer will have absolutely no rights, claims or interest of any
type in connection with the Property or this transaction,
regardless of any alleged conduct by Seller or anyone else.
7. Escrow. Escrow shall be opened by Seller and funds deposited
upon acceptance of this agreement. The Escrowee will be a
nationally recognized escrow company selected by Seller and
reasonably acceptable to Buyer. A copy of this Agreement will be
delivered to the escrow holder and will serve as escrow
instructions together with the escrow holder's standard
instructions and any additional instructions required by the
escrow holder to clarify its rights and duties. The parties
agree to sign these additional instructions of the Escrowee, if
any. If there is any conflict between these other instructions
and this Agreement, this Agreement will control. Escrow will be
opened upon acceptance of this Agreement by Seller.
8. Title. Closing will be conditioned on the commitment of a
nationally recognized title company selected by Seller and
acceptable to Buyer to issue an Owner's policy of title
insurance, dated as of the close of escrow, in an amount equal to
the purchase price, insuring that Buyer will own insurable title
to the Property subject only to: the title company's standard
exceptions; current real property taxes and assessments; survey
exceptions; and other items of record not affecting marketability
disclosed to Buyer during the Review Period ("Permitted
Exceptions").
Buyer shall be allowed ten (10) days after receipt of said
commitment for examination and the making of any objections to
marketability of
Buyer Initial:
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
exceptions to title thereto, said objections to be made in
writing or deemed waived. If any objections are so made, the
Seller shall be allowed sixty (60) days to make such title
marketable or cure Buyer's objections, or in the alternative to
obtain a commitment for insurable title insuring over Buyer's
objections. If Seller shall decide to make no efforts to make
title marketable, or is unable to make title marketable or obtain
insurable title, (after execution by Buyer of such documents
reasonably requested by Seller to evidence the termination
hereof) Buyer's First Payment shall be returned and this
agreement shall be null and void and of no further force and
effect.
Pending correction of title, the payments hereunder required
shall be postponed, but upon correction of title and within ten
(10) days after written notice of correction to the Buyer, the
parties shall perform this agreement according to its terms.
9. Closing Costs. Seller will pay the deed stamp taxes, if any,
and one-half of escrow fees attributable to the closing services
for this transaction, and any brokerage commissions payable to
The Forman Company only. Seller shall pay for the cost of
issuing the title commitment. Buyer will pay the cost of the
title insurance premium for an Owner's policy (if desired by
Buyer), all recording fees, one-half of the escrow fees, the
costs of a update to the Survey in Seller's possession (if an
update is required by Buyer). Each party will pay its own
attorneys' fees and costs to document and close this transaction.
10. Real Estate Taxes, Special Assessments and Prorations. Taxes
for the year of the Closing shall be prorated to the Date of
Closing. If the Closing shall occur before the tax rate is fixed
for the then current year, the appointment of taxes shall be upon
the basis of the tax rate for the preceding year applied to the
latest assessed valuation. Subsequent to the Closing, when the
tax rate is fixed for the year in which Closing occurs, Seller
and Buyer agree to adjust the proration of taxes and, if
necessary, to refund or pay (as the case may be) such sums as
shall be necessary to effect such adjustment. Seller agrees to
cooperate with Buyer in connection with any tax protest by Buyer,
but Seller shall not be required to expend any funds in
connection with such protest.
11. Seller's Representation and Agreements.
(a) Seller represents and warrants as of this date that:
(i) The Property is vacant.
(ii) It is not aware of any pending litigation or
condemnation proceedings against the Property or Seller's
interest in the Property.
(iii) It is not aware of any contracts affecting this
Property and potentially or actually binding on Buyer after
the closing date.
Buyer Initial: /s/ R.B. /s/ J.W.
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
12. Disclosures.
(a) Seller and Buyer acknowledge and agree that Seller
acquired the Property through a sale/leaseback with a former
tenant. Seller has been an absentee landlord. Consequently,
Seller has little, if any, knowledge of the physical
characteristics of the Property.
Accordingly, except as otherwise specifically stated in the
Agreement, Seller hereby specifically disclaims any
warranty, guaranty, or representation, oral or written,
past, present, or future of, as to, or concerning (i) the
nature and condition of the Property, including, without
limitation, the water, soil, and geology, and the
suitability thereof and of the Property for any and all
activities and uses which Buyer may elect to conduct
thereon; (ii) except for the warranty of title contained in
the Deed to be delivered by Seller at the closing, the
nature and extent of any right of way, lease, possession,
lien, encumbrance, license, reservation, condition, or
otherwise, and (iii) the compliance of the Property or its
operation with any laws, ordinances, or regulations of any
government or other body.
(b) This Agreement is subject to an inspection contingency
as set forth in Section 16. Buyer acknowledges and agrees
that Buyer is not relying upon any representation or
warranties made by Seller or Seller's Agent.
(c) Buyer acknowledges that, having been given the
opportunity to inspect the Property, Buyer is relying solely
on its own investigation of the Property and not on any
information provided by Seller or to be provided by Seller
except as set forth herein. Buyer further acknowledges that
the information provided and to be provided with respect to
the Property by Seller was obtained from a variety of
sources and Seller neither (a) has made independent
investigation or verification of such information, or (b)
makes any representation as to the accuracy or completeness
of such information. The sale of the Property as provided
for herein is made on an "AS IS" basis, and Buyer expressly
acknowledges that, in consideration of the agreements of the
Seller herein, except as otherwise specified herein, Seller
maker no Warranty or representation, express or implied, or
arising by operation of law, including, but not limited to,
any warranty or condition, habitability, tenantability,
suitability for commercial purposes, merchantability, or
fitness for a particular purpose, in respect of the
Property.
(d) BUYER AGREES THAT IT SHALL BE PURCHASING THE PROPERTY IN
ITS THEN PRESENT CONDITION, AS IS, WHERE IS, AND SELLER HAS
NO OBLIGATION TO CONSTRUCT OR REPAIR ANY IMPROVEMENTS
THEREON, OR TO PERFORM ANY OTHER ACT REGARDING THE PROPERTY.
WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, BUYER ALSO
AGREES THAT SELL WILL HAVE NO LIABILITY OF ANY TYPE, DIRECT
OR INDIRECT, TO BUYER OR BUYER'S SUCCESSORS, ASSIGNS,
LENDERS OR AFFILIATES IN CONNECTION WITH ANY HAZARDOUS,
TOXIC, DANGEROUS, FLAMMABLE, EXPLOSIVE OR CHEMICAL
SUBSTANCES OF ANY TYPE
Buyer Initial: /s/ R.B. /s/ J. W.
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
(WHETHER OR NOT DEFINED AS SUCH UNDER ANY APPLICABLE LAWS)
ON OR IN CONNECTION WITH THE PROPERTY EITHER BEFORE OR AFTER
THE CLOSING DATE.
13. Closing.
(a) Before the closing date, Seller will deposit into escrow
an executed limited warranty deed subject to Permitted
Exceptions conveying insurable title of the Property to
Buyer, and a Quit Claim Bill of Sale to the items of
personalty listed on Exhibit A-1. At Closing, Seller shall
deliver to Buyer a standard Seller's Affidavit regarding
liens and judgments.
(b) On or before the closing date, Buyer will deposit into
escrow: the balance of the purchase price when required
under Section 4; any additional funds required of Buyer,
(pursuant to this agreement or any other agreement executed
by Buyer) to close escrow. Both parties will sign and
deliver to the escrow holder any other documents reasonably
required by the escrow holder to close escrow.
(c) On the closing date, if escrow is in a position to
close, the escrow holder will: record the deed in the
official records of the county where the Property is
located; cause the title company to commit to issue the
title policy; immediately deliver to Seller the portion of
the purchase price deposited into escrow by cashier's check
or wire transfer (less debits and prorations, if any);
deliver to Seller and Buyer a signed counterpart of the
escrow holder's certified closing statement and take all
other actions necessary to close escrow.
14. Defaults. If Buyer defaults, Buyer will forfeit all rights
and claims and Seller will be relieved of all obligations and
will be entitled to retain all monies (First, and if made, the
final Payments) heretofore paid by the Buyer. Seller shall
retain all remedies available to Seller at law or in equity.
If Seller shall default, Buyer irrevocably waives any rights
to file a lis pendens, a specific performance action or any other
claim, action or proceeding of any type in connection with the
Property or this or any other transaction involving the Property,
and will not do anything to affect title to the Property or
hinder, delay or prevent any other sale, lease or other
transaction involving the Property (any and all of which will be
null and void), unless: it has paid the First Payment, performed
all of its other obligations and satisfied all conditions under
this Agreement, and unconditionally notifies Seller that it
stands ready to tender full performance, purchase the Property
and close escrow as per this Agreement. Provided, however, that
in no event shall Seller be liable for any punitive or
speculative damages arising out of any default by Seller
hereunder.
15. Buyer's Representations and Warranties.
a. Buyer represents and warrants to Seller as follows:
Buyer Initial: /s/ R.B. /s/ J.W.
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
(i) In addition to the acts and deeds recited herein and
contemplated to be performed, executed, and delivered by
Buyer, Buyer shall perform, execute and deliver or cause to
be performed, executed, and delivered at the Closing or
after the Closing, any and all further acts, deeds and
assurances as Seller or the Title Company may require and
Buyer deems to be reasonable in order to consummate the
transactions contemplated herein.
(ii) Buyer has all requisite power and authority to
consummate the transaction contemplated by this Agreement
and has by proper proceedings duly authorized the execution
and delivery of this Agreement and the consummation of the
transaction contemplated hereby.
(iii) To Buyer's knowledge, neither the execution and
delivery of this Agreement nor the consummation of the
transaction contemplated hereby will violate or be in
conflict with (a) any applicable provisions of law, (b) any
order of any court or other agency of government having
jurisdiction hereof, or (c) any agreement or instrument to
which Buyer is a party or by which Buyer is bound.
16. Property Inspection and Environmental.
(a) Seller shall provide Buyer access to the Property from
time to time for the purpose of conducting inspections
thereof including mechanical, structural, electrical and
other physical inspections. Buyer has until forty-five (45)
days after the signing of the agreement by Seller to
complete such physical inspection (the "Inspection Period").
(b) Buyer shall indemnify, defend, and hold harmless Seller
from and against any and all losses, claims, causes of
action, liabilities, and costs to the extent caused by the
actions of Buyer, its agents, employees, contractors, or
invitees, during any such entry upon the Property. The
foregoing duty of indemnification shall include the duty to
pay all reasonable attorney's fees incurred by the Seller in
responding to or defending any such claims or proceedings.
(c) Buyer shall pay for any Phase I Environmental studies it
wants to be performed on the Property. If Buyer desires a
Phase I Environmental, Buyer shall obtain and review the
same within forty-five (45) days from the date this
agreement is signed by Seller. If the Phase I Environmental
report does not meet hazardous material standards as
required by the ruling state and Federal agencies, the Buyer
may terminate this Agreement within said forty-five (45) day
period and receive a full refund of the Earnest Money.
However, if Buyer terminates, Buyer prior to termination
will provide Seller with copies of all reports and test
results Buyer had performed on the Property.
17. Damages, Destruction and Eminent Domain.
(a) If, prior to closing, the Property or any part thereof
be destroyed or further damaged by fire, the elements, or
any cause, due to events
Buyer Initial: /s/ R.B. /s/ J.W.
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
occurring subsequent to the date of this Agreement to the
extent that the cost of repair exceeds $20,000, this
Agreement shall become null and void, at Buyer's option
exercised, if at all, by written notice to Seller within ten
(10) days after Buyer has received written notice from
Seller of said destruction or damage. Seller, however,
shall have the right to adjust or settle any insured loss
until (i) all contingencies set forth in Paragraph 6 hereof
have been satisfied, or waived; and (ii) any period provided
for above in this Subparagraph 16a for Buyer to elect to
terminate this Agreement has expired or Buyer has, by
written notice to Seller, waived Buyer's right to terminate
this Agreement. If Buyer elects to proceed and to
consummate the purchase despite said damage or destruction,
there shall be no reduction in or abatement of the purchase
price, and Seller shall assign to Buyer the Seller's right,
title, and interest in and to all insurance proceeds
resulting from said damage or destruction to the extent that
the same are payable with respect to damage to the Property.
If the cost of repair is less than $20,000.00, Buyer shall
be obligated to otherwise perform hereinunder with no
adjustment to the Purchase Price, reduction or abatement,
and Seller shall assign Seller's right, title and interest
in and to all insurance proceeds in relation to the
Property.
(b) If, prior to closing, the Property, or any part thereof,
is taken by eminent domain, this Agreement shall become null
and void, at Buyer's option. If Buyer elects to proceed and
to consummate the purchase despite said taking, there shall
be no reduction in, or abatement of, the purchase price, and
Seller shall assign to Buyer all the Seller's right, title,
and interest in and to any award made, or to be made, in the
condemnation proceeding in relation to the Property.
In the event that this Agreement is terminated by Buyer as
provided above in Subparagraph 16a or 16b, the First Payment
shall be immediately returned to Buyer (after execution by Buyer
of such documents reasonably requested by Seller to evidence the
termination hereof).
18. Seller's and Buyer's Brokers. Howard Forman of The Forman
Company is the broker representing the Seller (and the Seller
only) in this transaction. The Buyer is not represented by a
broker in this transaction.
19. Miscellaneous.
(a) This Agreement may be amended only by written agreement
signed by both Seller and Buyer, and all waivers must be in
writing and signed by the waiving party. Time is of the
essence. This Agreement will not be construed for or
against a party whether or not that party has drafted this
Agreement. If there is any action or proceeding between the
parties relating to this Agreement the prevailing party will
be entitled to recover attorney's fees and costs. This is
an integrated agreement containing all agreements of the
parties about the Property and the other matters described,
and it supersedes any other agreements or
Buyer Initial: /s/ R.B. /s/ J.W.
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
understandings. Exhibits attached to this Agreement are
incorporated into this Agreement.
(b) If this escrow has not closed by August 30, 1996,
through no fault of Seller, Seller may either, at its
election, extend the closing date, exercise any remedy
available to it by law, including but not limited to
terminating this Agreement.
(c) Funds to be deposited or paid by Buyer will be good and
clear funds in the form of cash, cashier's checks or wire
transfers.
(d) All notices from either of the parties hereto to the
other shall be in writing and shall be considered to have
been duly given or served if sent by first class certified
mail, return receipt requested, postage prepaid, or by a
nationally recognized courier service guaranteeing overnight
delivery to the party at his or its address set forth below,
or to such other address as such party may hereafter
designate by written notice to the other party.
If to Seller:
Attention: Robert P. Johnson
AEI Real Estate Funds XVI & XVII Limited Partnerships
1300 Minnesota World Trade Center
30 E. 7th Street
St. Paul, MN 55101
If to Buyer:
BW, Incorporated
20 I-30
Rockwall, Texas 75087
When accepted, this offer will be a binding agreement for
valid and sufficient consideration which will bind and benefit
Buyer, Seller and their respective successors and assigns. Buyer
is submitting this offer by signing a copy of this offer and
delivering it to Seller along with the $25,000 First Payment,
which, if accepted, will be deposited in to escrow by Seller.
Seller has two (2) business days after receipt of the executed
offer and First Payment within which to accept this offer; if not
accepted by Seller, Seller shall immediately return the First
Payment to Buyer.
Buyer Inital: /s/ R.B. /s/ J.W.
Purchase Agreement for: 3808 Towne Crossing Blvd., Mesquite,
Texas
IN WITNESS WHEREOF, the Seller and Buyer have executed this
Agreement effective as of the day and year above first written.
BUYER:
BW, Incorporated, a Texas corporation
By: /s/ Rickey Byrum By: /s/ Joseph Willis
Rickey Byrum Joseph Willis
Its: President Its: Vice President/Secretary
SELLER:
AEI REAL ESTATE FUND XVI LIMITED PARTNERSHIP, a Minnesota limited
partnership.
By: AEI Fund Management XVI, Inc., its corporate general partner
By: /s/ Robert P. Johnson
Robert P. Johnson, President
AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP, a Minnesota
limited partnership.
By: AEI Fund Management XVII, Inc., its corporate general partner
By: /s/ Robert P. Johnson
Robert P. Johnson, President
EXHIBIT "A"
Legal Description
Lot 2-A, Block B, TOWNE CROSSING, an Addition to the City of
Mesquite, Dallas County, Texas, according to the Plat recorded in
Volume 85051, Page 5143, Map Records, Dallas County, Texas.
QUOTATION/PROPOSAL
EXHIBIT A-1
AFFORDABLE EQUIPMENT CO. NO. 224
P.O. BOX 710094 DATE 1-22-96
DALLAS, TX 75371-0094 INQUIRY NO.
PHONE (214) 320-1085
FAX (214) 320-2377
INVENTORY AND VALUE OF EQUIPMENT AT CLOSED
TO: ESTIMATED DELIVERY
J T MC CORD'S RESTAURANT TERMS
MESQUITE, TEXAS
SALESMAN FOB FOLLOW UP DATE
Robert Roznovsky
QUANTITY DESCRIPTION
17 Booth openings w/tables
5 Booths 3/4 circle w/tables
56 Chairs, wood
12 Tables, 30x60
2 Tables, 30x40
6 Children booster chairs, wood
9 Fans, cealing
28 Pictures, various sizes
1 Picture, large
7 Hitachi TVs
1 Bicycle
1 Hitachi TV, large
1 Menu display board, lighted
2 Booths, 1/2 circle
9 Tables, wood, bar height
26 Bar stools, wood
12 Bar stools, wood, black
7 Booster chairs, plastic
1 Ice cream freezer, 2-door
1 SS drain board w/sink
1 SS ice chest 2"
1 SS cocktail station w/dump & blender station
1 SS sink, 3-comp, 10'L.
1 Bev Air, 27", work top refig.
1 Perlick mug froster, 2'L.
1 SS work table, 3'L.
1 Taylor margarita freezer, counter model
1 Back bar cooler, custom made
1 SS ice chest
1 Beverage Air, 27", work top refrig.
1 Bev Air mug froster, 3'L.
1 SS counter top covers, 25'L.
1 Long draw draft beer system, 2 station, 3-beer
1 Bar mix dispensers, 2-station
AFFORDABLE EQUIPMENT CO. NO. 225
P.O. BOX 710094 DATE
DALLAS, TX 75371-0094 INQUIRY NO.
PAGE NO. 2
INVENTORY OF CLOSED RESTAURANT
TO: ESTIMATED DELIVERY
J T MC CORD'S TERMS
MESQUITE, TEXAS
SALESMAN FOB FOLLOW UP DATE
QUANTITY DESCRIPTION
1 Lot Beer pitchers
1 Lot Glasses
1 Heat lamp, 2-bulb
1 Cash register, computer
20 Computer boards, remote
1 Jukebox, vending
1 Dart Video game, vending
1 Wet mop sign
1 Ash tray can
5 Waitress stands
1 Cecilware, coffee brewer, 3-pot
1 Carafe, insulated
1 Silver holder
1 Cecialware, tea-brewer-w/3 pots
1 Post mix soda system, 5 valve, refrigerated
1 SS work top waitress station, 13'L.
1 Metro wire wall shelf, 12"x13'
1 SS work top ice storage bin, 5'
1 Bev Air, 2-glass door refrigerator
1 Lot SS pans
1 SS table, 3'
1 Bus cart
1 Lot Coffee cups
1 SS Dessert work station, 8'
1 Panisonic micro wave
2 SS wall shelves
Well warmer, 2-drawer
SS chef counter pick up station
SS hand sink
SS table, 3'
SS wall shelf, 8'
SS Soil dish table, dish washer
SS Clean dish table, " "
SS Wall shelf
SS table, 3'
AFFORDABLE EQUIPMENT CO. NO. 226
P.O. BOX 710094 DATE
DALLAS, TX 75371-0094 INQUIRY NO.
PAGE NO. 3
INVENTORY OF CLOSED RESTAURANT
TO: ESTIMATED DELIVERY
J T MC CORD'S TERMS
MESQUITE, TEXAS
SALESMAN FOB FOLLOW UP DATE
QUANTITY DESCRIPTION
1 Pan rack, 1/2 size
1 SS hand sink
2 Scotsman cubers, 2400 lbs. Cap., & 1000 lb.cap.
1 Metro shelves, 24x72x4 tier
1 Moble bun rack rack
1 U S Range gas griddle, 6' W/ 2-burners & stand
1 SS Vent-A-hood, 7', class 1, w/fire system
1 Pan rack, 1/2 size
1 SS Vent-A-hood, class-1, 8', W/fire system
3 Picto gas fryers, 50 lb cap.
2 Lang elect. Cheese melters, 3'ea.
1 McCall refrigerator w/4-1/2 doors
1 SS work table, 10' w/1-hot & 3-cold wells
1 Toastwell elect. griddle
1 SS hand sink
1 Wolf gas char broiler 3', w/stand
1 Traulsen refrigerated equipment stand, 78"
Wolf stove, 2-burner
US Range gas griddle, 3'
SS stand 20x30
McCall refrigerator w/4-1/2 doors
SS Vent-A-Hood, 7', class 1, w/fire system
SS micro wave wall shelf
Metal dry storage shelves, 10'x24"x4 tier
New age can rack
Shelves for beverage boxes & Co2 tanks
Sink, mop dump
Plastic trash receptacles
Trash bins
Fryer, gas, 35 lb. Cap.
Traulsen refrigerator, 2-door, roll-in, 6'
SS Work tables w/SS under shelf & 5" splash
SS Wall shelf, 5'
Pot rack, double, 5' wall mount
Groen, steam kettle, elect., 20 gal. W/stand
AFFORDABLE EQUIPMENT CO. NO. 227
P.O. BOX 710094 DATE
DALLAS, TX 75371-0094 INQUIRY NO.
PAGE NO. 4
INVENTORY OF CLOSED RESTAURANT
TO: ESTIMATED DELIVERY
J T MC CORD'S TERMS
MESQUITE, TEXAS
SALESMAN FOB FOLLOW UP DATE
QUANTITY DESCRIPTION
1 Wolf elect. Convection oven, full size w/stand
1 SS Vent-A-Hood, class 2, 7'
2 Metro shelves, 24x48x4 tier
1 Metro shelve, 24x72x4 tier
1 SS sink, 2-comp., 6'
2 SS Eduland, knife holders
1 Ss hand sink
1 Metro shelf, 24x48x4 tier
1 Metro shelf, 24x60x4 tier
1 Mars air screen, 4'
1 Fly trap, electric
9 Soda pumps
1 Dunnage rack, 5'
1 Walk-in cooler-freezer combo w/shelving
Cooler, 13'x11'x7.5'
Freezer,, 13'x10'x7.5'
1 Bun pan rack, full size
2 Plastic shelves, 18x48x5
2 File cabinets, 4 drawer each
3 Booth openings
6 Booth openings
3 Tables, 4x30
14 Chairs, wood
1 Table, wood, 5x30
1 Change machine, vending
2 Pen ball game machine
3 Video game machines, vending
25 Pictures
1 Gum vending machine, vending
1 Candy vending machine, counter model
1 Gum ball vending machine, large
TOTAL