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Auction Terms

Auction Terms: Luigi's Italian Restaurant

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Start Date: Monday, September 15th at 1:00 pm EST
End Date: Thursday, September 25th at 8:00 pm EST
Preview Date: Wednesday September 24th from 1pm-3pm
Removal Date: MondaySeptember 29th from 9am-4pm
Location: 700 Cherokee St, Leavenworth, KS 66048


Description: AUCTION LOADOUT HAS BEEN MOVED TO MONDAY SEPTEMBER 29TH FROM 9AM-4PM.. This restaurant is still open so all equipment is in great working order. This auction is full of high end chairs, tables, S.S. tables, Imperial 6 burner range, fryers, Pizza make tables, True make tables, Scotsman nugget ice machine, Vulcan range, metro shelving, True mug chillers and bottle boxes, 18' wood bar and so much more you don't want to pass up on this great equipment.

Terms:

THIS IS AN INTERNET ONLY AUCTION


 

Terms and Condition of PCI Auctions

Terms...15% buyers premium. Cash, Certified Check with letter from bank, M/C, Visa, Discover. THIS IS AN INTERNET ONLY AUCTION.

Sales Tax...Collected at 8.35% for this auction

The bidding closes the first item at posted auction closing time then closes 3 items per minute there after to the last item in catalog order.

REMOVAL...This is an ONLINE ONLY AUCTION PLEASE DO NOT BID IF YOU ARE NOT ABLE TO PICK UP YOUR ITEMS during the scheduled removal times

BUYERS PREMIUM... A 15% buyer's premium will be added to each purchase. If you bid $100.00 at check out you will be charged $115.00.

PAYMENT... Accepted forms of payment include Visa, MasterCard, Discover, Cash, Certified Check, Money Order.

If you have won items from PCI Midwest and we are not able to reach you to arrange payment the credit card you have on file with us will be charged on load out day.  Transportation fees will be charged separately on the day the merchandise arrives at the warehouse .  Storage fees will be charged each Friday

Increasing your own bid/Bidding Errors... Please be aware that many bidders routinely increase their own bid to price an item out of reach of other bidders. You should immediately review your bids once submitted. If you mistakenly increase your own bid, place your bidder number in the bid field, or make a typo you must immediately contact our office by email use the contact sheet on our website (we must have your request in writing). We will not reverse bids after the auction has closed no exceptions.

Staggered Closing... The online auction closes 3 items per minute This feature will close the bidding on intervals. This feature works great with the auto-extend feature to closely emulate a 'live' auction.

Dynamic Closing... The closing time of an asset is automatically extended an additional 3 minutes whenever a bid is placed within the last 3 minutes of the asset's closing time.

Bid Notification... If you have been outbid you will be notified by email ONLY UNTIL the last day of the auction --- starting at midnight EST the night before the ending of the auction notices are not sent.
To quickly review your bids and see if you have won you can utilize the 'review bids' feature. Items that they have been outbid on will be clearly marked.

Winning Bidder Notification... You will be contacted by email ONLY (you are responsible for checking your email) If you feel you have won an item and have not received an email you must notify us by email no later than 9am the next day. If you do not receive a paid email invoice then you did not win any items at the online auction. In the event an item is not available for pickup, the buyer must, notify our onsite staff and file a claim by replying to your original emailed invoice noting what was not available within 24 hours of the pickup date. After 24 hours, the Auctioneer and buyer agrees that no adjustment or refund will be made.

REMOVAL:  THIS IS AN ON LINE AUCTION PLEASE DO NOT BID IF YOU ARE NOT ABLE TO PICK UP YOU ITEMS DURING THE SCHEDULED REMOVAL TIMES.

Pick up hours for PCI Midwest are between 9:00am and 4:00pm Monday thru Friday.

After hour pick-ups for invoices over $1000 will be available for $50 per hour.  Weekend pick-ups are available for invoices over $2000 for $50 per hour.  Please make arrangements in advance as the warehouse is closed weekends.

NO refunds or chargebacks will be granted due to lack of removal at the designated times.  Alternative pick-up dates and times need to be arranged prior to the auction closing.  If you require shipping, transportation to warehouse or storage additional fees will apply.

TRANSPORTATION TO WAREHOUSE:  In most instances PCI Midwest is able to transport merchandise from on –site auctions back to our warehouse.  Please make arrangements in advance so that we can insure enough truck space.  Invoices that need transportation will be charged the following:

·         Small wares:  $25 per invoice

·         Medium size items: $25 per item (fryers, up to 36” grills, stainless tables etc.)

·         Large items:  $50 per item (coolers, freezers, make tables etc.)

·         Tables, chairs and booths will be charged $50 per hour with a minimum charge of $50.

·         Extra fees may be charged for any item that requires disassembly before it can be transported.

Items that need removal such as walk – ins and hoods can be disassembled, removed, transported and delivered for extra fees.  Please call Mark Sinco at 816-786-7878 before purchasing to discuss fees and make arrangements.  We can not guarantee this service will be available if arrangements are made after purchase.

STORAGE FEES: PCI Midwest will charge the following storage fees for items not picked up on the designated load out day and time.  Items transported to the warehouse not picked up after they have arrived at the warehouse will be charged storage fees.

Daily Storage Fees

·         $10 for small wares; pots, pans, dishes, blenders, flatware etc.

·         $20 for up to 5 medium items; metro shelving, chairs, tables etc.

·         $30 for 3 big items; hoods, ovens, grills, mixers etc.

·         $50 for storing 5 large items; hoods, ovens, freezers and coolers etc.

Storage fees will be charged to the credit card on file each Friday.  Items will be considered abandoned and available for sale or re-auction should the credit card prove not valid and payment for storage not received.

IMPORTANT TAX EXEMPT STATUS... If you are tax exempt, prior to the conclusion of the online auction you must email a copy of your states tax exempt form to sales@pciauctions.com. (You must include your bidder number and the closing date of the auction). Forms without this information will not be accepted and you will have to apply to the state for a refund. If you have any questions call 216-961-9016.

PREVIEW DATES:  Each PCI Midwest auction has a preview date.  If you would like to preview the items but are not available at the specified time please call and we will do our best to accommodate you.  Preview is your opportunity to inspect the merchandise to determine if it meets your needs. Inspection of merchandise is not a service we offer after the auction has closed and you have purchased the item.

CAUTION... For demonstration purposes various equipment may be joined. Do not assume a lot consists of more than one item simply because they are connected or pictured together. Please inspect the lot numbers and read the descriptions.

Catalog Inaccuracies... You are bidding on the described item not the photo occasionally the wrong photo is displayed always read the item description.

WARRANTY & CONDITION OF ITEMS SOLD... All items are sold "AS IS, WHERE IS, with NO WARRANTY expressed or implied by the lot number affixed to the item. without any implied or expressed warranty. Keep in mind that these items are restaurant worn and have been nailed to the wall in many cases. Descriptions are believed to be accurate but not guaranteed. When you are not certain of the condition or use of an item please bid accordingly. You are bidding on the described item not the photo. Bidders are responsible for their own removal. Any item NOT picked up by the set time will be considered abandoned. Removal shall be at the expense, liability, and risk of the purchaser. Purchases will be released upon presentation of a paid email receipt. Please insure that movers or anyone picking up items on your behalf have your paid receipt at the pickup location no items will be released without a paid email receipt.

IMPORTANT!... The Auctioneer will have the option of reselling, removing, storing or abandoning, at the expense and risk of the purchase, items not paid for and/or removed within the specific time. The buyer agrees to pay all deficiencies, legal, collection; transportation and storage expenses associated with delinquent accounts or abandoned items.

CHOOSE WISELY... We want every one to get a good deal and most will. However, when you bid on the wrong item or decide an item is not suited for your intended use, our clients are not willing to assume the cost of your mistakes. When in doubt about condition, completeness or suitability for intended use, please bid accordingly. The auctioneer reserves the right to add or remove items form the auction. Split or combined lots. Add minimum bids or reserve prices. Cancel, suspend, extend or reschedule an individual item and or auction event. Make changes to the auction closing times or inspection or removal times.

Any controversy or claim arising out of or relating to this contract and/or agreement, or breach thereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgments upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. Venue will be Cuyahoga County Ohio. Liability: Auctioneers and Sellers liability shall be limited to the refund of bidders purchase price.

LIMITATIONS... The above-stated Conditions of Sale cannot be altered except in writing by The Auctioneer.

Registration Instructions...First: you need to register to bid. Go to the registration page and register as a new user.

Contact: Kalen Sinco     888-883-1388

               Mark Sinco      816-786-7878

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