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Lot Description: Dependable Brake Systems is being sold as an On-Going Entity. The Sale Includes the Real Property in Blaine, MN and Waukesha, WI. The Sale Also Includes all production Equipment, Material Handling Equipment , Office Equipment , new Raw Material, Core Material, Rebuilt and New Inventory on-hand at the Date Of Sale. The Company was founded in 1984 by the Seller. There is a brief overview and history attached as a PDF. The Computer systems, Customer lists, Copyrights and Intellectual Property are included in the Sale. The Owner and Founder of the Company is Retiring. There is an Opportunity for an Individual or Company to Purchase a entity with a 30 year Reputation of Quality in their Market Segment. The Seller is motivated, but available to assist the new owners with introductions, Training and over site for a Time which would be negotiated outside the Sale based on the Buyer needs and expectations. The Reputation of the Product Line Offered by and Produced by Dependable Brake Systems can be Leveraged by the New Owners to Establish a Physical Presence in the Upper Midwest.  The Buyer could Also Expand the Wide Variety of the Products to Expand their Own Production of Inventory for Internet Based Sales both Nationally and Internationally. The Blaine REAL Property is located at 1491 92nd Lane, Blaine, MN 55449. The Legal Description is The West 116.64 Feet of the East 116.16 Feet of Lot 1, Block 1, Craig 2nd Addition, Anoka County, Minnesota The Property ID 32-31-23-12-0007 Built in 1980, Building is 6,750 total SF 950 SF Office Space and 5850 SF Warehouse Space. The Clear Height in the Building is 13 Feet. The Lot is 0.71 Acres, (30,928 SF). The Building has 200 Amp, 3 Phase, 208/220 Volt Power that can be Upgraded to Higher Voltage. The Building can have Three Mailing Addresses. Four (4) 10 foot x 12 foot Drive In Doors, One (1) 8 foot x 10 foot Dock height Door, Great Access to Hwy 10 and 65. The Building does have three Bathrooms, (2) in the Office and (1) in the Shop area. There is a Flammable Grease Trap in the Shop Area Floor. The Company Has Been Operating in this space since 1989. The Products manufactured have been Asbestos Free since the Inception of the Company. The Waukesha REAL Property is located at W246S3255 Industrial Lane, Waukesha, WI 53189. The Parcel ID is WAKT-1354-968-001. Building is 14,487 SF, Currently Used as Single Tenant Property and Zoned Industrial Class B. The Lot is 1.018 Acres (43,303 SF). The Legal Description is Lot2 Cert Surv 4134 Vol. 32/254 1.018 Ac PT NW ¼ Sec15 T^=6N R19E Doc#3162757 on the town of Waukesha, County of Waukesha and the State of Wisconsin. The Ceiling Height is 14 to 18 Feet. Two (2) Drive In Doors 8 foot x 10 foot and Two (2) 8 foot x 10 Foot External Dock Doors, Three Bathrooms, 400-440 Amp / 220 Volt 3 Phase Electric. The Products manufactured have been Asbestos Free since the Inception of the Company. The Blaine Property Tax Accessed Value for 2013 is $315,200.00 The Property has not had a Recent Market Appraisal. The Waukesha Property has a Tax Accessed Value for 2013 of $406,300.00. The Property was Apprised January of 2014 for $550,000.00.  The Seller has Agreed to pay for a Phase 1 Study if Required by the Buyer's Lender on One or Both of the Properties. There is a Virtual Lock box for Company Financial Data Available. A $500.00 Deposit must be Made with Assets2Cash. The Winning Bidder will be Credited the Amount at Closing. The Non Winning bidders will be refunded there Viewing deposit within 7 business Days of the Close of the Auction. Call Matt Johnson @ 612-384-8592 to make CC payment and Get a Virtual Lock Box Code. This Item has a Reserve.