Auction Location: 687 S Taft Avenue, Mason City, IA 50401
Phone: 641-357-5417
Lot Categories: Exercise/Fitness (217), Material Handling/Storage (20), Home Office (6), Restaurant Equipment (6), Construction Material/Supplies (4), Office Equipment (2), Commercial Salon/Spa (1), Furniture/Kitchen (1), Home Decor (1), Hand Tools/Hardware (1) Show More
Auction Closed
06/16/2021 07:45 pm
Closed
A local franchisee of a leading national fitness chain has closed its doors. Here is your opportunity to acquire the commercial-grade exercise equipment you have been dreaming of. Gym owners, this is an excellent opportunity for you to acquire additional equipment for your facilities.
Come see the quality for yourself. We are open for inspection Tuesday, June 15th from 12:00 - 6:00 PM.
I-35 Auctions is Iowa's local connection to K-BID. Like us on Facebook for updates and reminders. www.facebook.com/i35auctions
Accepting quality consignments for upcoming sales.
Our focus is industrial, commercial, manufacturing equipment, trailer and truck accessories, recreational vehicles, farm machinery and heavy equipment.
If you have any questions about this auction, please call I-35 Auctions at 641-357-5417
INSPECTION: Tuesday, June 15, 2021 12:00 pm - 6:00 pm.
CLOSING: Wednesday, June 16, 2021 beginning at 7:45 pm
REMOVAL: appointment required. Appointment times are available over three days, June 17 - 19. Appointments may be scheduled online. ***WE ARE MONITORING THE POTENTIAL FOR SEVERE WEATHER ON THURSDAY. CALL AHEAD BEFORE COMING IF YOU WANT TO CONFIRM THAT WE ARE OPEN***
Important information about this auction: many of the items are heavy and/or bulky, possibly requiring multiple people to disassemble and load. Please come prepared with your own tools and adequate help to disassemble and load. All items are on the ground floor with multiple doors of access. A limited number of carts will be available for your use. A forklift and driver are on hand. No tools will be provided. There is limited power in the building so definitely bring battery operated tools, if necessary.
Online payments through the K-BID Dashboard prior to pick up are encouraged but we do accept payments on site (see terms).
Signs will be posted along Taft Avenue directing where to drive in. You will have to drive through a parking lot shared by other businesses, including a restaurant. We ask that you stay alert for pedestrians and other vehicles, especially during peak times such as over the noon hour.
| 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: I-35 Auctions
Manager: Jon Tofte
PAYMENTS ARE DUE BY CLOSE OF BUSINESS ON JUNE 19TH. Unpaid invoices left over at end of business on June 19th will be listed as no-shows unless arrangements have been made.
Payment methods include cash, credit card up to $5,000, cashier's check and wire transfers. Buyers may pay online through the K-BID Dashboard prior to removal.
Check policy: I-35 Auctions accepts personal checks up to $2,500 with a valid photo I.D. Returned check fee is $35 or maximum allowable by law. We reserve the right to refuse any check. Amounts over $2,500 paid with check must be with certified funds.
PLEASE PICK UP YOUR ITEMS IN A TIMELY MANNER: with this being an off-site auction, we do not have control over the property and so be aware that if items are not picked up promptly, they will probably go in the trash! If you cannot make the designated pickup days, please communicate with us as quickly as possible.
Items have not been tested unless otherwise described in the lot descriptions. I-35 Auctions makes no warranty as to the condition of items offered herein. Buyer is responsible for inspecting items prior to purchase. Used items come with used issues, including minor mechanical issues, interior and exterior imperfections. Pick up day is not inspection day.
I-35 Auctions is not responsible for accidents, injuries or damage to property while visiting the auction site.
Auction managed by I-35 Auctions, Clear Lake, Iowa
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.
SPECIAL TERMS FOR SHIPPING FOR THIS AUCTION: We cannot offer shipping for large items on this auction. Please inquire via email if there are specific small (parcel) items you would like shipped. We use Spee-dee; shipping day is once weekly on Thursdays. A minimum $15 handling fee will be added per order.
Online payments thru K-BID's Dashboard prior to removal are encouraged.
