ABI 449 WALK IN COOLER/FREEZER

Auctions for Business & Industry

Auctions for Business & Industry

Auction Location: 1565 CLIFF ROAD, #1, Eagan, MN 55122

Phone: 952-920-8922

Lot Categories: Restaurant Equipment (1)

Auction Closed
07/17/2018 07:10 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $2,525.00
Next Required Bid: $2,600.00
High Bidder: #65167
Began Closing:
Tuesday 07/17/2018
07:10 pm CDT

Lot is Closed

 


Auction Details:

This auction contains a walk in cooler/freezer.  The NSF item is clean, in great condition and has all of the mechanical components mounted on top of the cooler rather than on the rooftop. The cooler will need to be disassembled by you and removed from it's current location within 14 calendar days of the auction closing date.  When you pay your invoice ON JULY 18TH, in person or by telephone, you will discuss your removal plan with us and we will let the business owner know the details. You may want to arrange an inspection, prior to purchase, to get an idea of what will be required by the winning bidder in order to be fully prepared remove the item in an orderly and timely fashion. 

NOTE OF INTEREST:

The bakery and restaurant equipment from this seller is currently online but located at our facility in St Louis Park.   The k-bid auction title is ABI 450.  

 

The cooler will need to be disassembled by you and removed from it's current location within 14 calendar days of the auction closing date.  When you pay your invoice ON JULY 18TH, in person or by telephone, you will discuss your removal plan with us and we will let the business owner know the details. You may want to arrange an inspection, prior to purchase, to get an idea of what will be required by the winning bidder in order to be fully prepared remove the item in an orderly and timely fashion. 

Inspection

Auction Closing:

Tue, Jul 17, 2018
07:10 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: Auctions for Business & Industry

Manager: Michelle Williams


This auction is contracted and managed by ABI - Auctions for Business & Industry. .  

We do not take personal or business checks.  

We take visa, master card, cash, wire transfers or a cashier check made out to ABI.

SALES OVER $3,000.00 MUST BE PAID BY CASHIER CHECK, WIRE TRANSFER OR CASH.

We make NO EXCEPTIONS to our load out days and times.  Please do not ask. 

WE SELL USED MERCHANDISE UNLESS STATED OTHERWISE. 

WE OFFER NO GUARANTEES WHATSOEVER.

 

 


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.



1565 CLIFF ROAD, #1
Eagan
MN, 55122


Phone: 952-920-8922

WE DO NOT HOLD MERCHANDISE AND WE DO NOT SHIP! 

ALL INVOICES OVER $3,000.00 MUST BE PAID BY CASHIER CHECK, WIRE TRANSFER OR CASH.

WE TAKE VISA AND MASTERCARD ONLY FOR UP TO $3000.00

WHEN YOU PAY ONLINE AND DO NOT COME IN TO PICK UP YOUR MERCHANDISE DURING THE DESIGNATED REMOVAL DAYS AND TIMES LISTED FOR THAT AUCTION, WE WILL KEEP YOUR MONEY AND THE MERCHANDISE WILL BECOME OUR PROPERTY. YOU WILL HAVE NO RIGHTS TO OBTAIN THE MERCHANDISE AND NO EXCEPTIONS WILL BE MADE.  BY CHOOSING TO PAY ONLINE YOU ARE AGREEING TO THESE TERMS.