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August 6, 2019 @ 10:30 am - 2:30 pm
OPEN HOUSE-AUGUST 2, 2019 @ FROM 4:30PM-6:00PM
Rico’s Restaurant-3.5 Acres-3 Parcels
Kent, Brimfield twp., Portage Co., Ohio
Owners want immediate sale and will offer for sale at
1332 Tallmadge Rd., Kent, Ohio 44240
Directions: From I-76 take Rt 43 south to Tallmadge Rd east 1 block to auction
From St Rt 224 take 43 north 5 miles to Tallmadge Rd. east to auction on
Tuesday August 6, 2019 @ 10:30 AM
Real Estate Sells First
Featuring this well-known restaurant w/large dining area, separate horse shoe bar and a 2nd patio bar w/a pavilion w/activity area. The restaurant and bar has approx. 4100 sq. ft. of area, able to seat 80 plus customers. The patio is 10,000 sq. ft., able to seat 100 plus customers. There are 2- lots of 1.8 acres total, gives plenty of parking. The liquor licenses are D3A and D6, allowing to stay open until 2:30AM., transfer w/Real Estate. The property has the potential to be a serious money maker.
A 1.681 acre of land having frontage on St Rt 43 and adjoins the restaurant to the south. Zoned Commercial.
Don’t Miss This Opportunity to buy Commercial property in a Great Location, close to Kent/Akron and major Expressways.
Terms on Real Estate: 15% down day of Auction. Balance due at closing
5% Buyers Premium will be added to final bid price for each tract.
Restaurant Equipment; Manitowoc ice machine, Knight dishwasher w/stainless steel sink, Lincoln Impinger conveyor toaster, 2-Imperial 4 burner gas stoves, gas Anets Deep fryer, American gas deep fryer, Star Max griddle, Rankin deluxe grill, True refrigerator, True side-by-side refrigerator, Artic air freezer, 4 compartment bar refrigerator, stainless bar top refrigerator, small Superior refrigerator, All-Clad food warmer, condiment tables and more.
Ordering System 3 Pos having ( 5-computers total, 7 w/printers, 2 credit card printers), Peavey CS-800 power amplifier.
In Restaurant; 12-booths, 75 chairs, 1-round table, 15-rectangular tables, all newer in mauve and blue.
Bar has an additional booth, Patio has 16-bar stools, 6-booths, approx. 100 chairs, 2-chair dollies
Misc.; speakers, stage lights, TVs, mirrors, coat racks, decorations, pots, pans and kitchen utensils.
Signs-Including Neon & Wall signs; Neon signs, ( 3-Miller Lite Cleveland Indian , Michelob , Rolling Rock, Bud Light, Ohio State, Coors Light, Labatt Blue and others)various wall signs including paper and metal.
Various older equipment and some scrap.
Terms of Chattels: Cash, Check with proper ID, Master Card, Visa, And Discover. All Bidders must register.
10% Buyers Premium will be added to each final bid.
Announcement sale date takes precedence over printed advertising.
Sale by order of Raymond and Sally Cook
SOLD BY DIMMERLING!
Apprentice Auctioneer – Ken Corbin