Auction Location: 749 Enterprise Dr E, Belle Plaine, MN 56011
Phone: 507-351-4785
Lot Categories: Restaurant Equipment (56), Food Production/Processing (6), Artwork (4), Small Housewares (3), Office Equipment (2), Fire/Rescue/Safety Equipment (1), Antiques/Vintage (1), Material Handling/Storage (1), Signage/Advertising (1), Commercial Audio/Visual Equipment (1)
Auction Closed
05/12/2021 07:30 pm
Closed
No Image Available
Belle Plaine Restaurant Closure Auction.
Pick up Location at:
749 Enterprise Dr E
Belle Plaine, MN 56011
PICK UP LOCATION IS:
749 Enterprise Dr E
Belle Plaine, MN 56011
All items in this auction are from a Chinese Buffet restaurant that closed on April 1st, 2021.
Pick up for this auction is Friday, May 14th 2021 from 11:00am to 5:00pm.
WE ENCOURAGE ALL BIDDERS TO INSPECT THE ITEMS BEFORE BIDDING. All items are in various states of used condition. Please contact Heather Jenness at (507) 351-4875 to schedule an appointment.
Buyers are responsible for bringing ALL proper tools, equipment, and manpower for disassembling and removing their items from the location.
| 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: Prodena Auction Services LLC
Manager: Heather Jenness
ACCEPTED PAYMENTS: Cash and Credit Cards.
Important Note:
ALL Items are to be picked-up on FRIDAY, MAY 14th, 2021 from 11:00am to 5:00pm. All items in this auction are located on site and must be removed on the scheduled pick up date.
If you are the winning bidder of a large item (Wok Stove or Buffets) or of a large quantity of items, please contact Heather Jenness at (507) 351-4785 to schedule an appointment to pick up on Friday, May 14th 2021. This will help ensure that you and other bidders have adequate space and time to remove your item(s). NOTE- Entrances and exits are standard sized exterior doors. All items must be disassembled to be able to fit through the doorways.
If a successful bidder makes payment on an item / purchase and does not pick it up on the scheduled removal date, the item will be deemed abandoned and forfeited. All non-paying bidders will be processed as a "No Show".
Prodena Auction Services, LLC will reserve the right to dispose of the item as desired. No credits / refunds / reimbursements will be given for items not picked up on the scheduled removal date of Friday, May 14th 2021.
This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.
K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website. K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.
K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.
By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.
Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).
Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.
Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled. Once a bid is placed it cannot be retracted.
Sellers and their agents are prohibited from bidding on their own assets.
Items with a reserve will not be sold unless the reserve price has been met.
At the close of the auction, active items will remain open until no bids have been received for three minutes.
Applicable sales tax will be collected by the affiliate managing the auction.
In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.
Affiliates may lower a lot reserve at any time before or after an auction closes. If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.
Once an auction begins its closing process, outbid notifications will not be sent.
Once a bid is placed it cannot be retracted.
Shipping is not available for this auction.
We encourage all bidders to pay online when possible to minimize contact and to process pick-ups in a timely fashion.