AUCTION TERMS & CONDITIONS


Your Bid is a Contract to Buy!

Prebidding Begins now
Live online bidding begins Thursday, November 12th, 2020 @ 2:10 pm EST



1. Thank You For Participating In This Timed On-Line Auction.

2. In order to participate in this auction, all bidders must register @ hibid.com, agree to all auction terms & conditions and be approved to bid.

3. All items are offered "As-Is" and "Where-Is" with all faults. The auction company makes no guarantee or warranty express or implied as to the quality, condition, performance, description, hours, or nomenclature of any item being sold, so buyer beware. All sales are final with no recourse through the auction company subsequent to the sale. There are no refunds or exchanges.

4. Only cash, cashier's checks, and wire transfer will be accepted payable to "Michael Amodeo & Co., Inc.". No credit cards, personal or third-party checks will be accepted.

5. All Open Invoices must be paid in full no later than Friday, November 13th, 2020 by 5pm. Pick up will begin on Monday November 16th - by appointment only! Please, no exceptions.

6. A credit card preauthorization is required in order to register. Your credit card may have a small hold placed on it until your invoice is paid in full. This is only a pre-authorization in order to qualify bidders.

7. No Items can be removed until the entire invoice is paid in full.

8. All bids are binding. Any bidders in default will be banned from future auctions and suit for damages will be initiated through NY civil courts.

9. Bidding Format: Timed online auction.

10. Buyer Premium: 18% Buyer Premium

11. Removal of Items: Successful bidders may arrange for removal of their items after sale ends. Any items remaining onsite after the allotted time will be considered abandoned and bidders relinquish all ownership rights.

12. Removal of items is by appointment only. PLEASE CALL AS PICK UP TIME IS LIMITED.

13. The record of sale kept by the Auctioneer will be taken as final in the event of any dispute. In the event the auctioneer cannot release all or part of the lot, the extent of the auctioneer's responsibility will be to refund all monies paid in connection with the lot in question.

14. All persons attending, inspecting or removing merchandise assume all risks whatsoever of damage or loss to person and property and specifically release the Auctioneer formal liability therefore. The auctioneer shall not be liable by reason of any defect in condition of the merchandiser premises on which the sale is held.

15. We reserve the right to pause, cancel and/or reopen the auction in the case of system failures.

16. There is no material handling equipment, tools or labor available at the auction site -all successful bidders must supply their own.

17. Please Note: The Auction Company does not pack, ship, store crate or rig items. Buyers may either pick up their items at the designated auction site personally or can arrange for a third-party logistics firm to manage the removal process for them. If someone other than the registered buyer at the sale is designated to pick up those purchased assets, the buyer must contract with an independent logistics firm or other representative who will dismantle, crate, pack, load and/or ship your purchased items; coordinate the removal of those purchased items to meet the time deadlines indicated of this auction and authorize the auction company to release items to a third-party contractor for shipping, crating or packing purposes. Since the auction company does not ship the items, we do not obtain/prepare any export licenses/documents. Further, the auction company is not affiliated with any machinery rigging, transport or export company. The auction company does not endorse or guarantee the services of any machinery rigging, transport or export company, and cannot be held responsible for any damage, omission or other problems incurred as a result of the actions of those companies.

WELL KNOWN UPSCALE EVERYTHING LIKE BRAND NEW 10 MILLION DOLLAR COST RESTAURANT - RESTAURANT Duracold 13-1/2' x 16' x 9' high combo walk in refrigerator and freezer - orig cost $35000 2 late model Cleveland 40 gallon gas tilting skillets Electrolux Air-O-Chill blast freezer 2 Rational gas self cooking center combi ovens model SCC WE 62G High end 4 burner gas range with 2 French top burners 2 Rational gas self cooking center combi ovens model SCC WE 61G High end French top stove with oven High end French top range with 2 burner stove and oven Montague 3 ft gas flat grill with cheesemelter and oven 2 Rotisol countertop gas rotisseries model 975-2M Alto Shaam cook and hold model 500-TH/III Jade 6 ft Gas pasta cooker 2 Rational gas self cooking center combi ovens Cambro metro racks Duracold 6 x 13 stainless steel walk in coolers Fine crystal platters and bowls Baking forms Computerized scales Chefs knives Kitchenaid 8 qt mixers with bowls and attachments Flatware Fine Bauscher china dinnerware Designer lighting Juice presses Hoshizaki 800 lb water cooled ice flaker Refrigerated backbars Excellence countertop freezers Juice extractors High end serving carts Complete dining room furniture High end leather banquettes Circular banquettes Wall mirrors Large quantity linen tablecloths and napkins Waiter stands High end dining room chairs and bar stools Dining room tables Designer wall sconces Maitre d stands High end Leather dining room chairs Jade gas candy stoves Designer marble top tables Cocktail tables Leather sofas Menu stands Upscale velvet curtains 2 Railex conveyor coats systems Leather lounge chairs Velvet sofas Bar supplies Champagne buckets Decorative wall mirrors Metal clothes lockers 2 sets of LG late model washer dryers Chefs coats Chest freezers Aluminum sheet pans Portable butane stoves China caps Ultrasource Ultravac vacuum sealer R2 Dice Robot Coupes Dunnage stands And much more.