Auction Terms
Auction Terms: LIKE NEW Cupcake Bakery Restaurant Equipment Auction
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Start Date: Sunday, September 21st at 1:00 pm EST
End Date: Sunday, October 5th at 8:00 pm EST
Preview Date: Saturday October 4, 2014 10am-2pm ONLY
Removal Date: Monday October 6, 2014 10am-4pm ONLY
Location: 7171 Bryhawke Circle, Unit 400, North Charleston SC 29418
Description: WOW! THIS IS THE EQUIPMENT YOU DREAM ABOUT GETTING AT AUCTION! All of the items in this auction are LESS THAN 1 YEAR OLD! Most items still look brand new! We have some great items including green epoxy coated rust resistant metro rack shelving units, Hamilton Beach commercial 7 quart mixer with all attachments, Vollrath stockpots, stainless steel prep tables with storage drawers, Turbo Air single glass door merchandiser, stainless steel equipment stand, Globe 10 quart mixer with all attachments, Turbo Air M3 stainless steel 2 door reach in refrigerator, stainless steel 3 bay sink with two faucets and drainboards, ingredient bins and dollies, double stacked VULCAN electric convection ovens, Panasonic 1000 watt commercial microwave oven, stainless steel hand sink, Turbo Air M3 stainless steel 3 door reach-in freezer on casters, and MORE! Don't miss out on this LIKE NEW equipment!
Terms:
THIS IS AN INTERNET ONLY AUCTION
THIS IS AN INTERNET ONLY AUCTION.
Terms...15% Buyer’s Premium. We accept Cash, M/C, Visa, Discover, AMEX. We do NOT accept checks or money orders of any kind. We offer a 2% discount on buyer’s premium for cash payment on pickup day ONLY. Full payment is due on scheduled removal day regardless of shipping or storage arrangements.
Sales Tax...Collected at 8.5% 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
NO refunds or chargebacks will be granted due to a lack of removal at the designated times. After the scheduled removal, items will be considered abandoned after 14 days and you will be charged a removal fee to dispose of your items. If you require shipping and/or storage please make arrangements with us before placing a bid. If you have won items and we are not able to reach you to arrange payment, the credit card you have on file with us will be charged.
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.
STORAGE FEES… We are NOT a storage company but we understand there are times when storage is convenient. We often have auctions on hold waiting for the space that will be cleared. Storage fees are based on square footage and labor to move orders, sometimes several times, throughout our warehouse. Those fees PER DAY are as follows: $10 for smallwares (pots, pans, blenders, small food processors, flatware, etc.), $20 for 1-5 Bulky/Light items (Metro Shelving, Chairs, Tables, Microwaves, Stainless Steel Prep Tables, etc.), $30 for 1-3 Heavy/Large items (Hoods, Ovens, Grills, Mixers, etc.) and $50 for 4 or more Heavy/Large items. Storage fees are subject to change at any time.
PAYMENT... Accepted forms of payment include Visa, MasterCard, Discover, and Cash.
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 BEFORE THE ITEM ENDS at 843-212-6366. 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.
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 an 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.
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 1-888-883-1388.
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 from 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.