The Old Country Buffet at the Watertown Mall has closed as part of a nationwide closure, and the remaining assets at the restaurant will be auctioned off by Auction Nation.
Auction Nation sent out the following announcement:
Old Country Buffet has been a local favorite in Watertown for many years, and unfortunately, this week it has closed its doors for good. Now, the remaining assets are being offered to the general public through a strategic partnership with Auction Nation, a national online auction company.
“It is sad to see this location close it’s doors since so many local patrons have been coming here for years.” says Sean Doonan, COO for Auction Nation. “This is an amazing opportunity not only for people in the restaurant industry, but for patrons and the general public alike to bid on and purchase the assets from Old Country Buffet”.
This is part of over 90 store closures nationwide by Buffets LLC which is comprised of Old Country Buffet, Ryan’s Buffet, Country Buffet, Fire Mountain Buffet, and HomeTown Buffet. Buffets LLC is set to file Chapter 11 bankruptcy so that it can restructure its debts and liabilities, strengthen its operations by closing certain weaker restaurants and recapitalize its business. Taking only a few items to other locations, all remaining assets of the Old Country Buffet in Watertown MA along with many of the other stores will be auctioned off in an online auction through the website www.AuctionNation.com
“Each store contains everything from kitchen equipment and smallwares to furniture and decor,” says Jose Paz, Auction Manager. “To be able to bid on the entire Watertown MA Old Country Buffet is an amazing opportunity for anyone in the restaurant business!”
Old Country Buffet is located at: 550 Arsenal St., Watertown, MA 02472. All bidding will take place on the AuctionNation.com website and is online now through Wednesday March 9, 2016, at 3 p.m. EST. Registration is free, open to the public and only takes a few minutes. There will be an open house preview Wednesday from 10 a.m. until the end of the auction. For full details and a complete schedule of the Watertown Old Country Buffet Liquidation Auction visit www.AuctionNation.com.
For more information or to schedule an interview, contact Gabriel Prado, President, at (602) 828-3957 or firstname.lastname@example.org
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