Landlord Ordered Restaurant Auction
Listing ID#: 719812
Sale Location |
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5660 Indian River Road, Suite 123 Virginia Beach, VA 23464 |
Sale Dates and Times |
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Bidding Starts: Wednesday Aug 28, 9:00 AM Bidding Ends: Tuesday Sep 10, 10:30 AM |
Sale Type |
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![Auction 757 Auction 757](https://www.estatesale.com/img/logo/large/thumb_1476977963_capture.png)
Company Information |
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Auction 757 Contact: Scott Freeman Phone: 757-512-8833 Email: BusinessAuctioneer@gmail.com Website: www.Auction757.com EstateSale.com ID#: 7024 View company information and listings |
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Listing Terms and Conditions |
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AUCTION ITEMS LOCATION: Los Molas Restaurante, 5660 Indian River Rd., Suite 123, Va Beach
AUCTION END DATE: Tuesday, September 10, 2024, beginning with Lot #1 @ 10:30 AM & 1 item every 30 seconds thereafter. AUCTION INSPECTION: Monday, September 9, 2024, 9 AM - 1 PM. A YouTube video walk through will be posted. We want you to get the best deal possible and encourage you to inspect all items before bidding. Due to the number of items we sell, we do NOT have time to test items. All due diligence belongs to the bidder. If you have any questions pertaining to a specific lot, please call 757-512-8833 BEFORE placing a bid! If you cannot make it to the preview, but have questions on specific items, you may call Natalie at 757-287-8797, during the preview, and she will be happy to send you pictures/video of the items. AUCTION PICKUP TIME: By appointment ONLY on Wednesday, September 11th, from 9 AM - 3 PM PER THE FOLLOWING SCHEDULE. Buyers of small items must pick up 9 AM - 12 PM. Buyers of both small and large items should plan to pick up from 11 AM - 1 PM. Buyers with large items only should plan to pick up from 1 PM - 3 PM. Please schedule a pick-up appointment and specify payment method BEFORE the bidding ends. You may request an appointment any time after 9 AM on Monday, September 9th by texting Natalie at 757-287-8797 with your bidder #, your name and your preferred pick-up time. If you have read the Terms and still have questions about registration or bidding, Natalie will be happy to help you. Call or text her at 757-287-8797, Monday - Friday, 9 AM - 5 PM. AUCTION ITEMS LOCATION: Los Molas Restaurante, 5660 Indian River Rd., Suite 123, Va Beach AUCTION END DATE: Tuesday, September 10, 2024, beginning with Lot #1 @ 10:30 AM & 1 item every 30 seconds thereafter. AUTO-EXTENDED BIDDING: Our auctions feature a Simulated Live Auction Experience with staggered closings, auto-extend bidding and outbid notifications. This allows items to close at a pre-determined rate of 2 items per minute. We also feature auto-extend bidding, which means that the closing time of an individual lot will be extended by 2 minutes when a bid is placed in the last 2 minutes of the item's closing. This allows you a chance to place a final bid on an item you may have otherwise missed, and closely simulates a "live auction.” AUCTION INSPECTION: Monday, September 9, 2024, 9 AM - 1 PM. A YouTube video walk through will be posted. We want you to get the best deal possible and encourage you to inspect all items before bidding. Due to the number of items we sell, we do NOT have time to test items. Condition of the equipment is unknown, since this restaurant never opened. All due diligence belongs to the bidder. If you have any questions pertaining to a specific lot, please call 757-512-8833 BEFORE placing a bid! If you cannot make it to the preview, but have questions on specific items, you may call Tucker at 757-512-8833 or Natalie at 757-287-8797, during preview hours, and either will be happy to send you pictures/video of the items. AUCTION PICKUP TIME: By appointment ONLY on Wednesday, September 11th, from 9 AM - 3 PM PER THE FOLLOWING SCHEDULE. Buyers of small items must pick up 9 AM - 12 PM. Buyers of both small and large items should plan to pick up from 11 AM - 1 PM. Buyers with large items only should plan to pick up from 1 PM - 3 PM. If you are not available to pick up during these times, please DO NOT BID. This restaurant is very small and is PACKED with a very large number of items. Once you have been notified of winning an item, the item contractually becomes yours, and any fees associated with moving, removing, disposing of, or collecting payment, whether physical or legal are the responsibility of the bidder. An invoice will be emailed to successful bidders after the auction ends on Tuesday, September 10th. Please schedule a pick-up appointment and specify payment method BEFORE the auction ends. You may request an appointment any time after 9 AM on Monday, September 9th by texting Natalie at 757-287-8797 with your bidder #, your name and your preferred pick-up time. If you do not request an appointment in advance, Natalie will email your invoice with 16% BP & text you with an assigned pick-up appointment time. PLEASE, NO TEXTS AFTER 7 PM. ABANDONED ITEMS: ALL ITEMS MUST BE PICKED UP NO LATER THAN 3 PM WEDNESDAY, September 11th, 2024. Items not picked up within this schedule will be considered abandoned. You are required to pay for all items you bid on and win in this auction, WHETHER OR NOT you pick them up. Your credit card, on file, will be charged for your total balance, including the 16% Buyer's Premium and the 6% sales tax, if you abandon your purchases. Should your payment be declined, you will be banned from participating in all future auctions, and the Auctioneer will pursue legal recourse to collect the amount you owe. All attorney's fees, court costs, and other legal fees will be the responsibility of the Bidder. In addition, interest will accrue on any unpaid balance, at the rate of 18% per annum, until the balance is paid in full. PAYMENT: Your total invoice must be paid, in full, the day following the auction. You will receive an invoice for your total which will include a 16% Buyers Premium (discounted to 12% for cash, ONLY IF Natalie is told the payment method will be cash BEFORE THE BIDDING ENDS), plus applicable sales tax. Credit cards being used for payment must be saved in your Bidder Profile, as all credit card payments are processed online only. Placing a bid contractually binds you to paying for an item. You are required to pay for all items you bid on and win in this auction, WHETHER OR NOT you pick them up. No charge backs or refunds will be allowed. SALES TAX: Virginia sales tax of 6% will be charged on all items we auction, unless the appropriate tax exemption form is on file, prior to the end of the auction. WARRANTY, CONDITIONS & DESCRIPTIONS: All items are sold as-is, where-is, with NO warranties expressed or implied, and there are NO refunds given, for any reason. Please read the description & examine the photos when bidding. If there is any doubt when viewing an item, go by the description, as photographs sometimes include items that are NOT part of the lot. Most importantly, we strongly encourage you to preview the auction in person. Neither the auctioneer, nor the seller, makes any warranties or representations of any kind or nature with respect to said property. |
Listing Video |
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Listing Information |
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Landlord Ordered Restaurant Auction will include a Hoshizaki & Manitowoc ice machines with bins, Garland 6 burner range, Royal fryer, Island Oasis frozen drink machine, Bunn ice tea brewer, Electrolux panini press, conveyor toaster, steamtables, Beverage Air glass door cooler, 3 door stainless cooler, bottle box, sushi case, Nu-Vu bread oven, CaptiveAire hood system, Duke refrigerated front line sandwich prep/steam table, countertop fryer, soup warmer, hot water heater, stack washer/dryer, stack chairs, pots/pans, food bins, utensils, NEW decor & so much more!! AUCTION ITEMS LOCATION: Los Olas Restaurante, 5660 Indian River Rd., Suite 123, Va Beach |
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