WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Restaurant Auction Company
Big Easy on 60 Restaurant Equipment Auction
Restaurant Equipment, Smallwares, Furniture
Online Bidding Only
Closes April 30, 2019
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www.RestaurantAuctionCompany.com
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Partial Listing: new Bakers Pride 72" charbroiler, Univex dough divider, Univex dough sheeter, Manitowoc 1400lb ice machine, Vulcan double stack convection ovens, La Cimbali espresso machine, Hobart Legacy 20qt mixer, Vulcan cook and hold oven, Manitowoc ice machine, True glass door merchandiser, Turbo Air 3-door freezer, Vulcan convection oven, Blodgett convection oven, Cleveland 25-gal kettle, True 7' refrigerated chef base, Randell megatop, Kool It reach-in freezers, Imperial 36" griddle, Beverage Air 6' refrigerated deli case, True 2-door refrigerator,(2) Henny Penny pressure fryers, Frymaster 3-bank fryer system, Garland 10-burner range, Cleveland 6-gal kettle, Groen double steamer, Vulcan 72" griddle, Vitamix blenders, Beverage Air draft beer cooler, (2) True 90" back bar units, Perlick 72" bottle box, Bunn frozen drink machine, Avantco countertop convection oven, Vulcan cheesemelter, Klinger 4-well steamtable, Donper 2-flavor ice cream machine, Bakers Pride countertop pizza oven, True 4' deli case, Frymaster fryer, Manitowoc 600lb ice machine, True 67" pizza prep table, Vulcan 6-burner range, Delfield 60" pizza prep table, True kegerator, Masterbilt dipping cabinet, Alto Shaam cook and hold oven, Alto Shaam smoker, antique cabinets, stainless steel worktables, restaurant furniture and hundreds of smallwares
TERMS
INSPECTIONS: Two inspections will take place at the Big Easy on 60 Restaurant in Ocean City, MD prior to the closing of the auction on Thursday, April 25th and Saturday, April 27th, from 11AM-3PM. RestaurantAuctionCompany.com encourages potential bidders to inspect items before bidding. Bid with Confidence.
CONDITIONS AND DESCRIPTIONS: All items are sold as is. All sales are final and contain no warranty. Descriptions are believed to be accurate but are not guaranteed. If you have any questions about the condition of an item it is recommended that you attend our inspection day or confide in our rating system. Our 1-10 Likert rating scale is compiled by our professionals with over 30 years of industry experience.
AUCTION CLOSING: The auction will begin to close at 11AM on Tuesday, April 30, 2019. A staggered ending is in place where 3 items will close per minute. Bidding time will automatically be extended for items which a bid has been placed within the previous two minutes. This feature eliminates last second sniping and creates a more live auction atmosphere.
PAYMENT: Payment is required immediately following the close of the auction. Restaurant Auction Company accepts Visa and Mastercard. The credit card on file will be charged at the conclusion of the auction.
BUYER'S PREMIUM: We charge a buyer's premium of 15%. The premium is added in addition to the final selling amount.
SALE'S TAX: This is a non-taxable auction
REMOVAL: Item removal will take place Thursday, May 2nd and Friday, May 3rd from 10AM-4PM. The valid invoice must be presented to remove any items. All removal is the complete responsibility of the buyer. All items must be removed on the scheduled removal day or they will be considered abandoned. NO EXCEPTIONS. No refunds will be given for items not picked up. RestaurantAuctionCompany.com is not responsible for any damage incurred during the removal process.
SHIPPING: Shipping arrangements can be made with RAC. The items featured in this auction are on the restaurant premises and would require transport to our Millsboro, DE warehouse for packing/palletizing. Transporting items to Millsboro will incur charges in addition to palletizing and shipping costs. Arrangements must be made immediately following the close of the auction. Please note, all items may not be available for shipping or transport. Please contact us for more details. The cost of shipping is at the expense of the buyer. Additionally, RAC charges a $40.00 palletizing fee per item to be shipped via common carrier(palletizing fees may increase pending size of item). A $10 per box packing fee is charge for UPS Ground shipments.
ABANDONED ITEMS: Any items not picked up on specified removal days or scheduled to ship may be discarded, removed, resold or stored at the sellers discretion. No refunds will be given. When you place a bid and are notified of winning an item with RestaurantAuctionCompany.com, the item is now contractually yours and any fees associated with moving, removing, discarding, or collecting payment whether physical or legal are the responsibility of the bidder.