Both properties will be sold to the highest bidder, regardless of price, so when the gavel falls on July 23rd, someone will walk away owning successful businesses with established clientele, at the price of their choosing.
(Vocus) June 23, 2010
Two Lubbock, Texas, businesses will be sold at auction Friday, July 23, by order of the U.S. Court Receiver. The Falls Tennis & Athletic Club and Las Brisas Steakhouse will be offered absolute and sold to the highest bidder, regardless of price. Interested buyers will have the option of purchasing either property separately or both properties together.
The Falls Tennis & Athletic Club is a state-of-the-art sports club with more than 875 current members and a fully-trained professional staff. The club offers 47,000 sq. ft. of space and includes like-new fitness equipment, eight indoor & outdoor tennis courts, heated swimming pool, outdoor fitness track and casual eatery with current liquor sales license.
The Las Brisas Steakhouse is a premier upscale restaurant located next to the athletic club. The auction will include the sale of the real estate with a current lease in effect. The option of purchasing the business operations separately can be negotiated through the court-appointed receiver.
Conducted by Brent Graves, auctioneer and owner of United Country – Alliance Auction & Realty, the auction will take place at 2 p.m. on Friday, July 23 on site at The Falls Tennis & Athletic Club located at 4705 112th Street in Lubbock, Texas. United Country – Alliance Auction & Realty will also be conducting an auction selling the personal property of Excel Financial, Inc. on Saturday, July 17 at 10 a.m. on site at the business located adjacent to The Falls Tennis & Athletic Club on 112th Street.
“This auction represents a rare opportunity for buyers,” said Brent Graves. “Both properties will be sold to the highest bidder, regardless of price, so when the gavel falls on July 23rd, someone will walk away owning successful businesses with established clientele, at the price of their choosing.”
Property details, photos and terms and conditions can be found at http://www.TheFallsAuction.com.
United Country – Alliance Auction & Realty can be contacted at 877-271-7891 for additional information or property showings.
About United Country
United Country Real Estate is the largest fully integrated franchise network of real estate and auction professionals in the nation. Based in Kansas City, Mo., the company has been an innovator in real estate marketing since 1925. United Country supports nearly 675 offices across the U.S. and in Costa Rica with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing web sites (more than 750 separate sites), seven proprietary real estate catalogs with a cumulative distribution of 1.5 million, an extensive, current buyer database and national advertising of properties to more than 90 million potential buyer prospects a week. United Country has been recognized as a Top 25 Franchise by the Wall Street Journal and among Entrepreneur Magazine's Franchise 500®.