Name | Cabinet Shop Retirement Auction |
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Auctioneer | Statewide Auction Company |
Type | Online-Only Auction |
Date(s) | 3/16/2021 - 3/25/2021 |
BIDDING ENDS ON THURSDAY, MARCH 25TH AT 7:00 PM (MST) | |
Preview Date/Time | Where possible, bidders are encouraged to inspect all items in person prior to bidding - COVID-19 SAFE DISTANCING PREVIEWS ARE AVAILABLE BY APPOINTMENT ONLY (801-521-5600) ON WEDNESDAY, MARCH 24TH AND THURSDAY MARCH 25TH. All items are located at 3195 South 300 West Salt Lake City, UT 84115. |
Checkout Date/Time | Full Payment Due FRIDAY, MARCH 26TH - (Remote/Online Payment Options Available) PICK-UP/REMOVAL ON PAID ITEMS: By Appointment starting on FRIDAY (3/26). Disassembly and Removal are the responsibility of Buyer - Forklift Assistance will be available |
Location | 3195 South 300 West Salt Lake City, UT 84115 |
Buyer Premium | 10% Buyer's Premium |
Description |
This is an Online Only - Public Auction Sale of Woodworking Equipment, Machinery, Tools, Tile, Displays, Furnishings & More. Everything to be Sold in Auction Lots to the Highest Bidders with No Minimums, No Reserves & 10% Buyer's Premium.
FULLY OPERATIONAL SHOP - MOST EVERYTHING BELIEVED TO BE IN GOOD WORKING ORDER UNLESS OTHERWISE NOTED. We have done our best to describe and identify quantities, sizes, components, damage and other helpful information where possible HOWEVER, we make no warranties as to the accuracy of descriptions and disclaim all liability for any errors. BID AT YOUR OWN RISK. All Sales are Final - No Returns. AUCTION MAY ALSO BE SUBJECT TO A BUSINESS "TAKE ALL/BULK OFFER" (MIN $250,000) - Current Bidders on indivdual lots will be notified as soon as possible should this occur.
Where possible, bidders are encouraged to inspect all items in person prior to bidding. COVID-19 SAFE DISTANCING PREVIEWS ARE AVAILABLE BY APPOINTMENT ONLY (801-521-5600) ON WEDNESDAY, MARCH 24TH or THURSDAY, MARCH 25TH. All items are located at 3195 South 300 West in Salt Lake City, UT 84115.
Each lot is to be sold "As-is, Where-is" with No Minimums, No Reserves & with a 10% Buyer's Premium. This is a "Soft Close" Auction with bidding for Lot #1 ending first, then each subsequent lot ending approxiametly one minute thereafter (see countdown timer for each lot).
**INVOICES ARE TO BE PAID BY FRIDAY, MARCH 26TH** **ALL ITEMS ARE TO BE REMOVED BY APPOINTMENT ON FRIDAY OR ON MONDAY, MARCH 29TH.**
BUYERS ARE RESPONSIBLE FOR THEIR OWN DISMANTLING, PICK-UP, RIGGING, PACKING, TOWING, SHIPPING OR FREIGHT. CONTACT INFO FOR LOCAL PACK, SHIP & FREIGHT COMPANIES MAY BE AVAILABLE UPON REQUEST.
HELPFUL BIDDING TIP: When placing a bid, you may notice that you can either bid the next suggested increment or you can enter a "new max bid". The new max bid field gives you an opportunity to put in a bid for the most amount you'd be willing to go up to - but it will only bid you up automatically by the specified bid increment above the highest current bid or any competing max bids. (This essentially allows you to "set it and forget it" if you cannot or choose not to keep watching the bidding until the completion of the auction).
See Auction Lot Catalog...
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Bid Amount | Bid Increment |
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0.00 - 45.00 | 5.00 USD |
45.01 - 290.00 | 10.00 USD |
290.01 - 975.00 | 25.00 USD |
975.01 - 1,950.00 | 50.00 USD |
1,950.01 - 4,900.00 | 100.00 USD |
4,900.01 - 9,750.00 | 250.00 USD |
9,750.01 - 100,000.00 | 500.00 USD |
100,000.01 - 9,999,999.99 | 1,000.00 USD |
Currency | USD |
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Buyer Premium | 10% Buyer's Premium |
Payment Terms |
Successful Bidders will receive an email invoice after the conclusion of the auction. This invoice will include a confirmation of items won along with the applicable purchase totals and fees. Successful bidder(s) will be required to submit full payment to Statewide Auction Company within (1) calendar day following the auction. Purchases will be subject to Sales Tax (unless purchaser can provide documentation of tax exemption). We accept Cash, Credit/Debit Cards (wIth a 4% processing fee), and Certified funds (Certified funds would be a cashier's check made payable to Statewide Auction Co., for the full amount). Wire Transfers or Checks accompanied with verified Bank Letters may be acceptable but require advanced authorization from Statewide Auction Company.
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