Name Subway - Mt Holly Huntersville Rd - Charlotte - Oct 2017
Auctioneer Alliance Auctioneering & Equipment
Type Online-Only Auction
Date(s) 10/11/2017 - 10/20/2017
Online bidding opens ar 8 AM on Monday 10/16/17. Lots will begin closing at 2 PM on Wednesday 10/18/17.
Preview Date/Time No live preview is being offered for this sale. You can preview the inventory and pictures here before bidding.
Checkout Date/Time Payment and removals are one-day only: Thursday, October 19th, 2017 from 10 AM to 6 PM at the sale site. Disconnects will be completed prior by our staff and everything will be ready to go out the door.
Location The former Subway Restaruant at 3611 Mount Holly Huntersville Rd., Suite 206
Charlotte, NC 28216
Buyer Premium 13% with a 3% BP discount for cash.
Description
The operator has closed this unit due to unfavorable lease terms. We have 57 lots of good clean restaurant equipment and furniture we are offering at this onine only auction. This store just closed and the operator said all equipment is operating properly. Problems or defects, if any, that we may become aware of during the auction set-up will be noted in the lot description. This is a fine inventory being offered for bids. Important: We offer a subjective grading system in our auction presentation. It is not meant to serve as a guarantee. It is based on our considerable knowledge, the information we have available, and is represented as a white letter grade within an orange block in the bottom left corner of the main picture on most equipment lots. For an explanation of our grading system go to the "Auction Details" page for this sale at AllianceAuction.com. You will see a link at the end of the "Auctioneer's Note" section that will open a document which explains the grading system. We suggest you print the document so you will have it available when you are previewing the inventory or bidding on lots. A brief list of the letter grades follows but you should read the complete document to have an accurate understanding of the grading system. NIS: Not in service M: Marginal F: Fair G: Good E: Excellent LN: Like New N: New All items in this sale are located at the sale site: The former Subway Restaurant, 3611 Mount Holly Huntersville Road, Suite 206, Charlotte NC 28216. There is no shipping for this auction. All items being sold are for local pickup by the buyer at the sale site only.
Terms & Conditions: 1- This sale conducted by Alliance Auctioneering & Equipment, Columbia SC, SCAL 2460, NCAL 6718 in conjunction with Classic Auctions, Locust NC. All disputes settled: USA - State of South Carolina - County of Richland. Direct all questions or problems to the auctioneer at 803.429.3493 or allianceae@gmail.com. 2- All items are being sold "as is & where is" with no warranty implied or guaranteed -- "buyer accepts all responsibility." Our grading system is subjective and represents opinion based on the information we have available and believe to be correct. Bidder inspection is encouraged whenever possible. By placing a bid, bidder signifies that they have examined the items to their satisfaction, or that they have chosen to bid without personally examining the items. 3-This sale is Online Bidding only. A valid credit card (Visa, MasterCard, Discover, American Express) is required to register and bid. Note: we do not accept online payment at this time. See payment options below. 4- We reserve the right to reject any bid at our sole discretion. For online bidding auctions, we reserve the right to cancel or postpone and reopen the auction in the case of system failure. 5- A Thirteen Percent (13%) Buyer's Premium is in effect for this sale with a Three-Percent (3%) BP discount for payments made in cash. 6- Collection of NC Sales tax as required by law is based on the point of delivery. Accordingly, NC sales tax (7.25%) will apply for this auction. Dealers must provide their Retail Tax License Number at the time of payment to avoid sales tax. No exceptions. 7- BIDDING: This sale has pre-determined bid increments and you can view them by clicking on the "Bid Increments" tab. The bidding increments are pre-set on a floating scale. You must bid at least the next increment. You can also place max bids (bid the maximum you want to pay for a lot before buyer's premium and sales tax is applied), and then let the system bid for you in increments until you either win the item or you are out bid. If you want to be notified by email when you have been outbid then you must choose that option at registration. If you put in a max bid it must be at least the next increment. Important: Make sure you pay close attention to the quantity field of every lot before placing your bid so you will know if you are bidding "all for one money" or "times the money." 8- AUCTION CLOSING: The first lot closes at 2PM EST on 10/18/17 with each additional lot closing every 30 seconds after. Soft close: A bid on a lot in the last 3 minutes before its scheduled close will extend the closing on that lot for 3 minutes, and then so on for subsequent bids on the lot until a bid stands unchallenged under the parameters set for the soft close. 9- Successful bidders will receive an invoice via email following the conclusion of the auction. Invoices will be emailed by 10AM EST on 10/19/17 or sooner depending on what time the auction finishes closing the 18th. Invoices will also be available at the pickup / auction location. 10- PAYMENT OPTIONS: Payment can be made at the time of pickup from the sale site. We accept cash, cashiers check, or credit card (Visa, MasterCard, Discover, and American Express). Our system will not process debit payments, only credit payments. Proper I.D. is required. Our cashier must call banks on all cashiers checks to verify their issue. If you are paying by cashier check you must arrive during normal banking hours allowing the cashier time to call the bank and verify the issue of the check. We no longer accept personal or company checks. If you wish to pay with a credit card ahead of picking up your items, you can call the auction company and we will take your credit card information by phone (803-429-3493). Wire transfers accepted if approved prior to auction start time. Note: For our complete current payment terms go to AllianceAuction.com and then to the "Details Page" for this auction. Under "Terms" you will find a link to our payment policies document. 11- Payment and Removal Schedule: One-Day Only , Thursday, October 19th from 10AM to 6PM. All items must be paid for and removed by 6PM on Thursday 10/19/17. No removals allowed before payment is rendered. THERE IS NO SHIPPING FOR THIS AUCTION. All items being sold are for local payment and pickup at the sale site only: The former Subway Restaurant, 3611 Mount Holly Huntersville Rd., Suite 206, Charlotte NC 28216. We will only be at the site for one day 10/19/17. If you cannot meet the terms advertised for payment and removals, please do not register and bid in this auction. No exceptions.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 19.99 1.00 USD
20.00 - 49.99 2.50 USD
50.00 - 199.99 5.00 USD
200.00 - 499.99 10.00 USD
500.00 - 999.99 20.00 USD
1,000.00 - 1,499.99 25.00 USD
1,500.00 - 2,499.99 50.00 USD
2,500.00 - 4,999.99 100.00 USD
5,000.00 - 9,999.99 250.00 USD
10,000.00 - 19,999.99 500.00 USD
20,000.00 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 13% with a 3% BP discount for cash.
Payment Terms
Payment & Removal: One-day only, Thursday 10/19/17 from 10AM to 6PM at the sale site: The fromer Subway Restaurant at 3611 Mount Holly Huntersville Rd., Suite 206, Charlotte NC 28216 Payment Information: We accept cash (USD), cashiers check, or credit card (Visa, MasterCard, Discover, or American Express). Our system will not process debit payments, only credit payments. Proper I.D. is required. No personal or company checks. Note: Our cashier will call the bank on all cashiers checks to verify their issue so you must arrive during normal banking hours allowing enough time for our cashier to contact the bank of issue. We do not accept online payment and will not bill the credit card you used at registration. Payment can be made at the time of pickup from the sale site. If you wish to pay with a credit card ahead of picking up your items, you can call the auction company and we will take your credit card information by phone (803-429-3493). We will accept wire transfers that are approved prior to the start of the auction. 13% Buyer's Premium (3% BP discount for cash). NC Sales tax (7.25%) applies for this sale. For our current complete payment terms document go to: AllianceAuction.com - Auctions - Details for this sale - Terms - see link for Payment Policies.
NO SHIPPING FOR THIS AUCTION. All items being sold are for local pickup only at the sale site: The former Subway Restaurant, 3611 Mount Holly Huntersville Rd., Suite 206, Charlotte NC 28216. Payment & Removal Schedule is posted in the Terms Section - Item #11.