Absolute Real Estate The Cowpen Restaurant
MARCH 26 @ 9AM
THE COWPEN RESTAURANT IN LAKE VILLAGE, ARKANSAS IS SELLING ABSOLUTE AT AUCTION. ALL REAL ESTATE AND RESTAURANT EQUIPMENT ASSETS WILL BE SOLD ABSOLUTE REGARDLESS OF PRICE.
The Cowpen Restaurant has been in business for over forty years! We will close the restaurant on Sunday, March 17 to set up for the auction. The restaurant is operational and continuing to do business up until that date. The auction will sell the real estate first followed by about 50 to 60 lots of restaurant equipment. Don’t miss this opportunity to Own a Legendary Business or some restaurant and restaurant support equipment.
Date and Location of Auction:
Tuesday March 26 th @ 9:00 AM
5198 US-82, Lake Village, AR 71653
Directions to Auction:
From Pine Bluff, Arkansas
Head South on US 65 Towards Lake Village for About 80 Miles
Continue US Hwy 82 Towards Mississippi Destination is on the Right, Before the Bridge
Terms for the Real Estate Auction:
Must Have Proof of Availability of Funds to Register. 10% Buyer’s Premium added to bidder’s final purchase price. Closing in 30 Days. Earnest Money in The Amount of $20,000.00, and Must Be in the Form of a Cashier’s Check Made Out to Thomas Blackmon Realty and is Due Day of the Auction. No Contingencies.
No Exceptions Will Be Made Announcements Made Day of the Sale Take Precedence Over Printed Material.
Terms for the Restaurant Equipment:
10% Buyer’s Premium. Payment Due Day of the Auction-Unless Prior Arrangements Made. Checks Accepted with Bank Letter. Cash and Credit Cards Accepted.
Real Property Description
- +/- 10,000 SF Metal Framed Building/Restaurant and a +/- 3879 SF Home all on +/-4 Acres
- Building is Approximately 10 years old
- Great Location with Great Visibility +14,000 Vehicle Per Day
- Diesel 40k Generator runs Coolers and Refrigeration
Restaurant Equipment Description
- Vulcan Convection Double Oven
- 6 Burner Vulcan Range
- Under Counter Refrigeration Units
- 3 (4) Burner Griddles
- True and Continental 2 Door Refrigeration units
- Larkin Ventahood w/ Fire Suppression
- Servewell 5 Well Steam Table
- American Dish Service HT-25 Dishwasher
- (2) Ice-O-Matic Ice Machine
- Memorabilia, Wall Art, Beer Signs
- Tables and Chairs
- Carts, Dish and Glassware, Stainless Tables, Chaffing Dishes, All Restaurant Equipment Selling
- Berkel Mixer
Arkansas Auction Complex
425 Blackmon Road
Lonoke, Arkansas 72086
Oklahoma Auction Complex
2801 South 32nd Street
Muskogee, Oklahoma 74401