ABSOLUTE AUCTION * PANDEMOS SYSTEMS BARBERSHOP & EQUIPMENT Paducah, KY

ABSOLUTE AUCTION

PANDEMOS SYSTEMS BARBERSHOP & EQUIPMENT

ATTENTION BARBERS * HAIR STYLISTS * INVESTORS ENTREPRENEURS * BUSINESS OWNERS

OWNER SELLING DUE TO HEALTH

• TURNKEY BUSINESS
• EXCELLENT LOCATION
• HIGH TRAFFIC COUNT
• +/- 1,122 SQ FT BUILDING
• 6 PARTITIONED STATIONS
• LARGE PARKING AREA
• GREAT INVESTMENT OPPORTUNITY

• BARBERSHOP/SALON EQUIPMENT

REAL ESTATE:

SINCE 1986 PANDEMOS BARBERSHOP HAS BEEN A FIXTURE IN THIS COMMUNITY. IT IS WITH A HEAVY HEART THE OWNER IS NOW SELLING DUE TO HEALTH.

Since 1986 Pandemos Systems Barbershop has been a popular fixture in this community. Owner has decided that due to health it is time to pass this time-honored tradition on to a new owner. Consider this ready made building with +/- 1.122 multi-functional sq. ft. with 6 partitioned stations which would be perfect for an investor looking to rent to hair stylists and/or barbers. This building & property zoned UR is tailor-made for the barbershop/salon business but also has potential for other uses as well. The partitions can easily be removed to suit your particular needs such as an open floor plan. Interior: Reception room +/- 12’ x +/- 16’ with carpeting, exposed beam ceiling & wood paneling. Reception area +/- 8’x +/- 8’, barber/stylist station #1 +/-8’x +/-12’, barber/stylist station #2 +/- 9’ x +/- 12’, barber/stylist station #3 +/- 10’ x +/- 12’, barber/stylist station #4 +/- 9’ x +/- 11’, barber/stylist station #5 +/- 7’ x +/- 8’, barber/stylist station #6 +/- 9’ x +/- 11’. All stations have power, wooden partitions & 5 have shampoo sinks. Storage room +/- 7’ x +/- 7’ with carpeting, exposed overhead wooden beams, wood paneling & cabinets. Front and rear entrance doors. Exterior: Wooden log themed siding, vinyl replacement windows & 3 tab shingles. Also consider a large paved parking lot with plenty of space & a security light. Utilities: Natural gas, central HVAC by Carrier air conditioner/gas furnace split system, gas wall heater in the waiting room, & a 200 AMP breaker box.

PERSONAL PROPERTY:

SALON EQUIPMENT & FURNITURE: 2 hair dryers, 5 Modern barber/stylist chairs, nail salon station, 5 chairs, 4 hair washing tables, round pedestal table, hair roller styling station, vintage wood cabinet, Barbicide germicide & disinfecting jars, etc.

WAITING ROOM FURNITURE & ANTIQUES: 4 red leather chairs, end table, lamps, gray leather chair, antique single tree horse yoke.

KEN HOLLAND ORIGINAL CANVAS: Sentimental Mood framed painting on stretched canvas by Ken Holland.

FRAMED PRINTS & PICTURE: Ken Holland framed prints: Sentimental Echo, 1974 plate #6 print #15/500; My Yoke is Easy plate #1 series II; God Bless America 1976 Bicentennial plate #10 print #15/500 collector series master print; He Loves Me by Neal Holland copyright 1981 limited edition series #1 plate #6; Raccoon by Ray Harm; Budweiser framed picture.

REAL ESTATE: 15% good faith deposit due day of sale. Balance due in 30 days. 10% buyer premium added to final bid and included in the total contract price. Bank letter of credit required if unknown by Auction Company. Bidders are responsible for their own inspections and verifications either before or during day of auction. Showings by appointment only or between the morning hours of 8:00-10:00AM on day of auction. Announcements day of auction will take precedence over any previous marketing, either written or oral.

PROCEDURE: Initial procedure determined by auctioneer.

TITLE: Fee Simple Absolute title delivered.

DEED: Seller will provide a General Warranty Deed.

PURCHASE AGREEMENT: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.

POSSESSION: Possession given at closing.

RESTRICTIONS: Any recorded restrictions (if any) and zoning regulations apply.

EASEMENTS: Sale of property is subject to any and all easements of record.

ABSENCE OF WARRANTIES & DISCLAIMER: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHEREIS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Errors and/or omissions insurance are assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW INFORMATION, CORRECTIONS, AND CHANGES: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.