Business Opportunity - Express 3 Wheel Transporter Retail and/or Rental Service

Assets & Buyers LLC

Assets & Buyers LLC

Auction Location: 9018 Nicollet Avenue, Bloomington, MN 55420

Phone: 952-891-4567

Lot Categories: Automotive/Mechanical Equipment (1), ATV/Dirtbikes/Snowmobiles (1)

Auction Closed
06/27/2019 07:05 pm

Closed



Showing 1 to 2 of 2 items

Current Bid: $2,701.00
Next Required Bid: $2,776.00
High Bidder: #267996

Reserve Not Met

Began Closing:
Thursday 06/27/2019
07:05 pm CDT

Lot is Closed

 
Current Bid: $19.00
Next Required Bid: $20.00
High Bidder: #66238
Began Closing:
Thursday 06/27/2019
07:06 pm CDT

Lot is Closed

 


Auction Details:

This business includes 22 - 3 Wheel Express  Transporters with over 660 large and small supporting parts from wheel motors, tires, rims, frames to nuts and bolts.

The Express 3 Wheel Transporter is an innovative new electric vehicle that allows a unique business opportunity. It revolutionizes personal transportation and rehab mobility at home, getting around the neighborhood, shopping, resorts, tours, and even in the workplace. Three wheels provide greater stability and safety than regular two wheel transporters, not to mention great torque and long range for more rigorous use like inclines or even on grass. With speeds up to 10 MPH it is the ultimate in a comfortable, safe handling and riding Transporter.

By design the ease of operation is increased by locating the controls and battery feedback with the brakes on the handlebar. The Express Transporter has the same or better performance than other mobility devices with the powerful 36V (350W Max Output) rear wheel motors. It plugs into a 36V @ 2.2A (UL approved) charger and has zero exhaust emissions, making it great for indoor use and personal transportation outdoors. The front wheel allows for better maneuverability, with a turning-radius which allows the user to make a tight 360 degree turn.

Scooters sold at the State Fair Expo can be sold from $1,798.00 to $4,500.00 a piece where this set at 22 units alone would have a MSRP of $61,556.00

Low Reserve

Inspection

Auction Closing:

Thu, Jun 27, 2019
07:05 pm

Removal:


Bidding Increments:

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 TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


This auction is contracted and managed by: Assets & Buyers LLC

Manager: Darrell Steiner


This auction is contracted and managed by Assets & Buyers LLC.

Payments types accepted: Cash, Certified Check, Credit Card (Visa , Mastercard) or On Line Payment through K-Bid

Late removal appointments will require an additional charge of $25.00

A $100.00 Trip Charge will be Added to any Invoice that Requires a Staff Member to Return to the Sale Site Before or after the Preview or Removal Times.

 

 


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. 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 to conduct online auctions.
They 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.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

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

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing 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:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

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 independent auction company managing the auction.



9018 Nicollet Avenue
Bloomington
MN, 55420


Phone: 952-891-4567

No Shipping - Pickup is by appointment only due to the size of this lot. Appointments will be flexible and we will do our best to meet you needs.