Auction Location: 2800 N 2nd St, Minneapolis, MN 55411
Phone: 612-245-8411
Lot Categories: Commercial Supplies (207)
Auction Closed
08/19/2018 07:10 pm
Closed
Surplus tools, machinery, equipment, and more! NOTE that some of these items are at a DOCK ONLY location and we cannot load them onto the ground, or any vehicle that is not dock height. Please bring your own assistance for help with loading items!!!
Enter around the East (BACK) side of the building, at DOCK DOOR #3.
This is a DOCK LEVEL load out ONLY for many of the items (item descriptions will tell you if this applies). Make arrangements for larger/heavier items as we will NOT be able to get them to the ground or on ANY sort of truck/trailer that isn't at dock-height.
Item numbers are on 2" x 4" tags. This may help you determine the approximate size of your item without physical inspection.
All checks should be made to GLOBAL SURPLUS.
Items not picked up by the end of removal period are considered ABANDONED. Bidder loses all rights to the item(s) and NO REFUNDS are given for paid merchandise that is abandoned.
| Bid Range | Minimum Increment | ||
|---|---|---|---|
| $0.01 | - | $75.00 | $1.00 |
| $75.01 | - | $150.00 | $5.00 |
| $150.01 | - | $250.00 | $10.00 |
| $250.01 | - | $500.00 | $25.00 |
| $500.01 | - | $1,000.00 | $50.00 |
| $1,000.01 | - | $5,000.00 | $75.00 |
| $5,000.01 | - | $50,000.00 | $100.00 |
| $50,000.01 | - | $75,000.00 | $250.00 |
| $75,000.01 | - | $100,000.00 | $500.00 |
| $100,000.01 | - | $2,500,000.00 | $1,000.00 |
| Hammer Price Tier | Buyer's Premium | Cap | |
|---|---|---|---|
| $0.00 - $4,999.99 | 13.00% | ||
| $5,000.00 - infinity | 10.00% | $1,000.00 | |
This auction is contracted and managed by: Global Surplus
Manager: Jason Reynolds
This auction is contracted and managed by Global Surplus.
** CHECKS must be made to GLOBAL SURPLUS ** Personal checks accepted up to $100 (bring valid ID), totals over $100 can be paid via business check, cash, or credit card **
ONLINE CHECKOUT: invoices paid via the online checkout system are subject to the same removal period as those paying in-person. At the close of the removal period all remaining items are considered ABANDONED, and the buyer will have no rights to them, whether paid or not. NO REFUNDS are given for abandoned merchandise that has been paid for.
Payments accepted on site: Cash, check, credit card
By placing a bid on this auction you are agreeing to the auction specific terms listed here, in addition to K-BID user terms. For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.
Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.
Applicable Minnesota Sales Tax will be collected.
At the close of the auction active items will remain open until no bids have been received for three minutes.
IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.
Auction Terms Addendum
This auction is contracted and managed by an independent affiliate. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.
Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies (“Affiliates”) to conduct online auctions.
Affiliates are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.
Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.
Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.
Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.
Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.
Auction Process
Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.
If bidding privileges are suspended due to unpaid invoices:
Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.
Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.
Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.
Shipping is not available for this auction. Global does not offer or arrange for shipping of items. There are several courier services available for you to contact- simply search the internet or check the phone book. Items being picked up via 3rd party courier must be paid for in advance.
ONLINE CHECKOUT: invoices paid via the online checkout system are subject to the same removal period as those paying in-person. At the close of the removal period all remaining items are considered ABANDONED, and the buyer will have no rights to them, whether paid or not. NO REFUNDS are given for abandoned merchandise that has been paid for.
