Bank Owned Restaurant Equipment Auction

Online Only

052715

Auction Preview:

Tuesday, May 26th - 10am - 2pm by appointment with Ross 817-304-1052.
 
Auction Ends:
Wednesday, May 27th @ 10am
 
Auction Pickup:
Thursday, May 28th & Friday, May 29th - 11am - 4pm. Buyer contact Randy 817-800-0892.
 
Ascend Commercial Freezer Model JFD-23F * Scotsman Ice Maker * ServeWell Steam Table Model 38103 * 2 Kegs * Brute Container w/Lid and 8 Floor Mats * Vollrath Gas Grill * Vollrath 4 Burner Gas Stove * Eagle Stainless Steel Prep Table * Rubbermaid Floor Rack * Vollrath Sandwich Press No1 * 4Ft Stainless Steel Prep Table * Toastmaster Heater / Proofer * Bag of Kitchen Towels and Aprons * M3 Turbo Air Refrigerator * Eagle 6Ft Stainless Steel Prep Table * 11ea - 12 Quart Bowls with Lids * 11ea - 8 Quart Bowls with Lids * 11ea - 2 Quart Bowls with Lids * 4ea - 22 Quart Buckets with Lids * 33ea - Small Servers * Soup Kettle * Waring Mixer * Lighted Open Sign * 3ea - Delivery Bags * 8ea - Pizza Delivery Bags * 5 Boxes Large Vinyl Gloves * Pedestal Table * 5ea Padded Stools * 2ea Waste Baskets and Liners * Commercial Mop and Bucket * Brooms and Brushes * Coated Wire Shelf Unit * Robot Coupe Mixer and Attachments * 6ea - Rubbermaid Totes * 4ea - Commercial Skillets * 15ea - Stainless Bowls  * 15ea - Round and Rectangular Trays * 2ea - Stainless Steel Pots * New Grease Trap and Soap Dispenser * Tote of Tongs, Scoops and More * Knife Assortment in Container * Kitchen Tool Assortment in 2 Stainless Containers * 16ea - Stainless Steel Servers * 2ea - Napkin Dispensers and 9 Packs of Napkins * Otis Spunkmeyer Cookie Oven * Ladle and Dipper Assortment in Stainless Tray * Kitchen Tool Assortment in Stainless Container * Box of New Plastic Tongs and Serving Spoons * 2 Partial Cases of Portion Cups and Lids * Partial Case of 16oz Cups and Lids * 2 Partial Cases of Containers with Lids * Coated Wire Shelf Unit * 25ea Stainless Prep Bowls * Delivery Car Lighted Sign * Lighted Delivery Car Sign * Strainers and Colander * 26ea - Black Server Aprons * Plastic Forks and Straws * 9ea - Cutting Boards * Coated Wire Shelf Unit * Jugs, Lids and Toilet Paper on Shelf * Clipboards, Copy Paper and Roll Paper on Shelf * Bags, Plastic Lids and Paper on Shelf * Office Supplies and Decor on Shelf * Coated Wire Shelf Unit * Electrical Assortment on Shelf * Plastic Tray and Lid Assortment on Shelf * Coffee Maker and Packet Holders on Shelf * Wire Shelf Unit * Wire Shelf Unit * Coated Wire Shelf Unit * Sandwich Board Sign * Stainless Prep Table * Vollrath Sandwich Press * Rubbermaid Floor Rack * Smart Chef Steamer * Lighted Sign * Walk-In Cooler

All bidders agree to be bound by this bidder contract by placing a bid. PLEASE SCROLL & READ ALL TERMS LISTED BELOW, INCLUDING PREVIEW, PICKUP, and SHIPPING INFORMATION.

* TERMS OF SALE: 10% Buyer Fee added to high bid at invoice and becomes the contract price. All items are being sold AS IS, WHERE IS, No Warranties or Guarantees of any kind. No Returns, No Refunds. A paid invoice receipt from Texas Auction & Realty is required prior to pickup and removal. Buyers assume all responsibility and hold Seller and Auctioneer harmless for introducing any item or part of item into the stream of commerce. Photographs and Descriptions are provided as a guide, and a guide only. Bidders to verify correctness of ANY advertised information to their satisfaction as to use for any particular purpose. Any bid placed by a Bidder is based solely upon the Bidders personal inspection and opinion. Failure to inspect the property does not relieve bidder of responsibility for payment and removal as stated in these terms. All bids are a binding contract according to these terms. Bidder acknowledges that once a bid is offered, the Bidder shall be bound by the bid amount. Bids cannot be withdrawn or retracted. Verify your information entered (bid amount) before submitting your bids. Auction Company may change bidders usernames or passwords at the sole discretion of the Auction company. Auction is subject to additions and or deletions prior to auction closing.

* INVOICES & PAYMENT TERMS: All Invoices are due and payable upon receipt. Buyer authorizes Ross Bandy Auctioneers, LLC dba Texas Auction & Realty to charge buyers credit card to pay invoices up to $2,500. A Cashiers Check will be required for invoices over $2,500. You may pay in Cash when you pickup your items. If you have a preference in how you wish to pay, please let the Auctioneer know before the auction ends! Otherwise, all cards will be charged after the conclusion of the online auction.

* SALES TAX: Sales tax will be collected on taxable items at the appropriate sales tax rate unless you have filled out a valid Texas Resale Exemption form. You may fax your form to: (817) 594-0585. We must have this on file in order to exclude sales tax from your purchases on your final invoice.

* EXTENDED BIDDING / DYNAMIC CLOSING: If a bid is entered within the last five minutes of the closing of an item, the closing time will be extended by five minutes to ensure sufficient time for bidders to submit their bids. Extended Bidding will continue until all bidding has ceased.

* PREVIEW & INSPECTION: The Preview and Inspection Schedule is available, and can be found in the Auction Listing Tab on the Auction Page. Individuals previewing items are personally responsible for any breakage/damage to items they are handling and will be charged appraised value for item(s). All people previewing assume all responsibility for their own safety. Auctioneer & Seller are not responsible for accidents.

* PICK UP TIME / REMOVAL: The Pickup Time / Removal Schedule is available, and can be found on the Auction Listing Tab on the Auction Page, and must be adhered to specifically. Any bid placed by a Bidder should be based on their ability to comply with the pickup schedule as listed. Buyers MUST pickup these items and provide any additional personnel or equipment required to move the item. IF YOU CANNOT PICK UP THE ITEM DURING THE SCHEDULED PICKUP TIME --- DO NOT BID! Buyer is responsible for providing the supplies, boxes, packing material, tools, equipment, etc. necessary, as well as the physical labor for dismantling, rigging, crating, loading and hauling at their own expense. ANY ITEM NOT PICKED UP WITHIN 5 DAYS WILL BE CONSIDERED ABANDONED. IF THE BUYER INVOICE IS NOT PAID, THE DEFAULTING BIDDERS ACCOUNT WILL BE CLOSED FOR ALL MARKNET ALLIANCE AUCTIONS.

* SHIPPING AND DELIVERY:
SHIPPING: is available on small items and can be grouped. Please send us an email at the conclusion of the auction if you need your items shipped, and include the address you wish the items shipped to, as well as a method of payment. No items will be shipped until payment has been received for the total invoice including shipping charges. When possible, we use USPS Flat Rate Boxes - The shipping cost will be invoiced as follows: Large - $25, Medium - $20, Small - $10.

DELIVERY: is by quotation only a minimum of 24 hours prior to the end of bidding.

* NOTICE TO BIDDERS AND BUYERS OF AUCTIONEER'S RIGHT TO REPOSSESS AND RECOVER DAMAGES:
By placing any bid, each Bidder or Buyer -
1) understands that Auctioneer or Seller incurs actual damages by non-performing Bidders or Buyers.
2) understands that Auctioneer or Seller may repossess any property not paid for by midnight on the 5th day after auction ends, and may close the non-paying Bidder account.
3) understands that Auctioneer or Seller may repossess any property not picked up by the Buyer or his/her representative on the 5th day after auction ends regardless of invoice payment status. A Storage Fee equal to any payments, may be levied at midnight on the 5th day after auction ends. Defaulting Buyer account may be closed, and a black flag notification may be sent to the MarkNet Alliance removing registration access to all MarkNet websites.
4) understands that Auctioneer or Seller may request assistance from a third party to recover damages incurred as the result of a non-performing Bidder or Buyer.
5) ANY ITEM NOT PICKED UP WITHIN 5 DAYS WILL BE CONSIDERED ABANDONED. IF THE BUYER INVOICE IS NOT PAID, THE ITEM(S) WILL BE RESOLD AND THE DEFAULTING BIDDERS ACCOUNT WILL BE CLOSED FOR ALL MARKNET ALLIANCE AUCTIONS.

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