Bankruptcy Auction: Assets of Retro Fitness Rockaway
Previous Page Listing ID#: 1676131
Auction Location |
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Rockaway, NJ 07866 Full Address Available on Saturday, Nov 16 |
Auction Dates and Times |
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Bidding Starts: Sunday Nov 17 Bidding Ends: Wednesday Nov 20 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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AuctionAdvisors Contact: Oren Klein Phone: 973-753-1313 Website: www.auctionadvisors.com GoToAuction.com ID#: 6687 View company information and listings |
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Listing Terms and Conditions |
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Auction Terms & Conditions of Bidder Participation
Thank you for your interest in this Online Auction.
These are the Terms and Conditions on which all property is offered for sale, subject to amendments and modifications announced by the Auctioneer at the time of the auction and posted on the website. By bidding in this auction, prospective bidders agree to be bound by and comply with the following Terms & Conditions and acknowledge and agree that they are being allowed to participate at this auction in reliance on such agreement.
1. REGISTRATION. Bidders must be registered with: www.auctionadvisors.hibid.com and approved for bidding by auctioneer. By registering you represent and warrant that any and all Buyer information is correct. Auctioneer reserves the right to deny any registered bidder at any time at its sole discretion without notification.
2. INSPECTIONS: Bidders may inspect the Lots/offering at 295 US-46, Rockaway, NJ 07866 on Friday, November 15th from 11:00PM EST to 3:00PM EST.
3. AS-IS WHERE-IS SALE. ALL SALES ARE FINAL, ON AN "AS IS, WHERE IS", "IN PLACE", "WITH ALL FAULTS" BASIS WITH NO CONDITIONS OR WARRANTIES WHETHER EXPRESSED, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION, WARRANTIES OR CONDITIONS AS TO TITLE, DESCRIPTION, FITNESS FOR PURPOSE, QUANTITY, QUALITY, MERCHANTABILITY, STATE, CONDITION, LOCATION OR OTHERWISE. NO SALE SHALL BE INVALIDATED AND THE AUCTIONEER SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTISEMENT, ORAL ANNOUNCEMENT OR OTHERWISE.
4. DESCRIPTIONS NOT TO BE RELIED UPON. THE AUCTION CATALOGUE IS MERELY A GUIDE. DESCRIPTIONS AND QUANTITIES HAVE BEEN PREPARED IN GOOD FAITH FOR GUIDE PURPOSES ONLY AND SHALL NOT BE RELIED UPON BY THE PURCHASER FOR ACCURACY, GENUINENESS, AUTHENTICITY OR COMPLETENESS. PLEASE INSPECT ALL ITEMS BEFORE BIDDING. PURCHASERS SHALL BE DEEMED TO HAVE RELIED ENTIRELY UPON THEIR OWN INSPECTIONS AND INVESTIGATIONS. IN ADDITION, AUCTIONEER RESERVES THE RIGHT TO ADD, ALTER, OR REMOVE ANY ITEM(S) TO OR FROM THE AUCTION AT ANY TIME.
5. PAYMENT IN FULL. Invoices for payment of full amount owed will be issued promptly after the auction. All invoiced amounts must be paid in full immediately but in no event later than the second business day after the auction. TIME IS OF-THE -ESSENCE with respect to such date. NOTHING SHALL BE REMOVED FROM THE PREMISES UNLESS AND UNTIL A BIDDER HAS PAID ALL OF ITS INVOICES IN FULL. BUYERS ARE ENCOURAGED TO PAY INVOICES ONLINE PRIOR TO PICK UP.
6. FORM OF PAYMENT. No personal or business checks will be accepted unless pre-approved by Auctioneer. Only cash, cashier's checks, wire transfer, pre-approved business checks and credit cards (only up to $2,000 - see additional fees below) will be accepted.
7. CREDIT CARD FEE. Payments by way of Credit Card will ONLY be accepted for purchases which do not exceed $2,000, subject to Auctioneer's discretion. An administration fee of 4% shall apply to credit card purchases.
8. REMOVAL TIMES TO BE SET BY AUCTIONEER. Removal of lots shall take place Friday, November 22nd, Saturday, November 23rd and Monday, November 25th. Removal times on these days shall be from 10:00 AM to 4:00 PM EST. You MUST schedule your appointment with Joe prior to arrival.
9. REMOVAL MUST BE DONE IN A COMMERCIALLY REASONABLE MANNER. All successful bidders and/or their agents must sign a Waiver & Release prior to any dismantling or removal which must be done in a commercially reasonable fashion. It is preferred that all Buyers use a professional rigging company with proof of insurance.
10. REMOVAL AT BIDDERS RISK, COST AND EXPENSE. All items must be removed by the successful bidder at their own risk, cost and expense. Any damage caused in connection with the dismantling, packing and/or removing any item shall be the responsibility of such bidder, whether such damage is to the item itself, to any other item, or to the premises or any third party, or third party property. There is limited material handling equipment, tools or labor available at the auction site - all successful bidders must supply their own and/or may use the limited resources available for a service fee. After the time frame set forth on Auctioneer schedule of move-out dates, the Auctioneer will no longer be responsible. Please be forewarned that in the case of a default, the auction company reserves the right to resell any and all unclaimed items and the defaulting bidder will not only forfeit his deposit but bear the responsibility of any shortfall in case of resale, and also all costs and expenses associated with the default as well as all auctioneer's fees and commissions.
*PLEASE NOTE: BUYER SOLELY RESPONSIBLE FOR PACKING & PICKUP. Please Note: The Auctioneer does not pack, ship, store, crate or rig items. Buyers may either pick up their items at the designated auction site personally or can arrange for a third-party logistics firm to manage the removal process for them. If someone other than the registered buyer at the sale is designated to pick up those purchased assets, the buyer must contract with an independent logistics firm or other representative who will dismantle, crate, pack, load and/or ship your purchased items; coordinate the removal of those purchased items to meet the time deadlines indicated of this auction and authorize the auction company to release items to a third-party contractor for shipping, crating or packing purposes. Since the Auctioneer does not ship the items, we do not obtain/prepare any export licenses/documents. Further, the auction company is not affiliated with any machinery rigging, transport or export company. We provide the names and contact information of available companies solely as a courtesy to our buyers. The auction company does not endorse or guarantee the services of any machinery rigging, transport or export company, and cannot be held responsible for any damage, omission or other problems incurred as a result of the actions of those companies.
11. ALL BIDS ARE FINAL. All sales shall be concluded as indicated by the Auctioneer and no Purchaser may thereafter revoke their bid. Title to the lots purchased shall not pass until payment in full of the purchase price is received and buyer has taken possession and removed any purchased lots from the premises.
12. BUYER'S PREMIUM. An eighteen percent (18%) buyer's premium is in effect for all successful bidders at this auction.
13. AUCTIONEER FINAL ARBITER. The Auctioneer is the final judge in case of a dispute. The final posting on auction day made by the auctioneer will take precedence over any previously printed materials. Auctioneer has the right at its sole and absolute discretion (should Auctioneer so choose to exercise it) to reject any and all bids Auctioneer deems unreasonable, entertain a bulk bid, a mini bulk bid or any package of lots. Further, Auctioneer may at its sole discretion set and/or alter bidding increments at any time.
14. BIDDER PARTICIPATION AT DISCRETION OF AUCTIONEER. All bidders must be at least 21 years of age. The auctioneer reserves the right to deny admission to the auction to any person the auctioneer deems to be abusive, disorderly, intoxicated or non-compliant with the terms and conditions for the auction, or a potential threat to be such or any individual who the Auctioneer, at its sole discretion, deems to be potentially disruptive to the auction or who the Auctioneer believes, at its discretion, cannot reasonably be relied upon to comply with these Terms & Conditions. The auctioneer also reserves the right to deny registration to any online bidder who does not qualify to bid.
All sales subject to the approval of the Bankruptcy Trustee and the Bankruptcy Court.
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Listing Information |
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AuctionAdvisors has been retained to conduct the auction of Retro Fitness Rockaway NJ. Auction begins to close on Wednesday, November 20th @ 3:00PM EST. No reserve, everything must be sold at auction! Cardio equipment includes Treadmills, Ellipticals, Recumbent, Upright and Spinning Bikes, Rowers, Stairmills and more. Weight Stack Machines, Plate Loaded Machines, Dumbbells, Barbells, and Kettlebells. Pilates/Yoga Home Fitness Workout Equipment. Juice Bar Equipment and Supplies. Wide range of machines and accessories from Life Fitness, Hammer Strength, Star Trac, Rogue, Concept2, Octane, Iron Grip and more! 20 Star Trac Stepmill *Needs Repair* Sign on machine stating it is Out Of Order 21 Star Trac Stepmill *Needs Repair* Sign on machine stating it is Out Of Order 32 Star Trac Treadmill Monitor shows setup screen 34 Star Trac Treadmill Monitor shows setup screen 39 Star Trac Treadmill After rebooting the machine, the screen did not turn on. 40 Star Trac Treadmill Monitor is in boot screen after restart 41 Star Trac Treadmill Screen is stuck in boot after restart 128 AbSolo Ball Return Workout Small tear in back cover Battery cover missing 129 133 AbCoaster CS3000 *Needs Repair* Needs replacement of rear stoppers. 139 153 Iron Grip 5lb, 10lb, 25lb Plate Set (Qty 16) 4 x 5lb 4 x 10lb 8 x 25lb 154 Iron Grip 2.5lb - 35lb Plate Set (Qty 20) 4 x 2.5lb 4 x 5lb 4 x 10lb 4 x 25lb 4 x 35lb 155 Iron Grip 2.5lb - 35lb Plate Set (Qty 20) 4 x 2.5lb 4 x 5lb 4 x 10lb 4 x 25lb 4 x 35lb 156 Iron Grip 5lb, 10lb, 25lb Plate Set (Qty 16) 4 x 5lb 4 x 10lb 8 x 25lb 157 Iron Grip 5lb, 10lb, 25lb Plate Set (Qty 12) 4 x 5lb 4 x 10lb 4 x 25lb 158 Iron Grip 5lb, 10lb, 25lb Plate Set (Qty 12) 4 x 5lb 4 x 10lb 4 x 25lb 159 Iron Grip 10lb & 25lb Plate Set (Qty 8) 4 x 10lb 4 x 25lb 160 Iron Grip Plate Set (Qty 10) 3 x 5lb 3 x 10lb 3 x 25lb 1 x 35lb |
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