Auction Information!!! Do Not Bid Unless You Have Entirely Read This Lot
Lot #0
Item: 8c93-2800136

Aberdeen, SD

Be the First to Bid

Current Bid:

$0.00

Next Required Bid: $5.00

Location / Contact:
715 N 10th Street, Aberdeen, SD 57401
Phone: 605-380-2227

Lot Description:

This Auction is for all assets of the closed Max & Erma's Restaurant & Bar

All 3 phase power has been disconnected from building.

Water to the building has been turned off.

Successful Bidders are required to (when needed) safely disconnect any 120v power, plumbing or fasteners affixing items to walls floors or other lots.

Bring everything needed for removal of your items as well as any help you may need to safely remove those Items with you. There will be no physical help, ladders, tools etc. provided by us for removal of your items. It is your responsibility bring these with you for removal.

There will be 2 doors for load out. The main double doors as well as one side door. We ask that you bring your patience with you during load out as everything will have to go through these doors. There is a rear door but layout of exterior does not make it conducive for ease of moving items out of the building.

Inspection

Auction Closing:

Thu, Jan 14, 2021
07:20 pm

Removal:

Fri, Jan 15, 2021
09:00 am - 04:00 pm
Sat, Jan 16, 2021
09:00 am - 04:00 pm

Removals are by appointment within the schedule above.

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: S&S Auction LLC

Manager: Sheldon Bitz


This Auction Is Contracted And Managed By S&S Auction llc

Payment Types Accepted:   S&S Auction accepts Cash, Checks, Credit Card and Online Payments

                                             No Credit Card Payments over $1,000

                                             All Invoices Over $5,000 Require a Bank Wire Transfer for Payment

                                        


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.

  • 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.
  • Affiliates may lower reserves at any time:
    • 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 affiliate managing the auction.



715 N 10th Street
Aberdeen
SD, 57401


Phone: 605-380-2227

Limited Shipping On This Auction Call Before You Bid