1. AUCTION FORMAT; NO RESERVES; BIDDING
The Auction will be conducted online at www.melnicknewell.hibid.com. Online bidding will open on Thursday, October 29, 2026, at 9:00 AM (EDT). The Listed Items will be offered for sale in individual lots (the "Individual Lots") without reserve. The highest valid bid at the conclusion of bidding on each lot shall constitute the winning bid, subject only to the Auctioneer's authority to address bidding errors, fraud, bidder defaults, or other irregularities in accordance with applicable law. The Auctioneer may determine the grouping of lots before bidding begins, consistent with the advertised no-reserve auction.
Bidding will begin closing on Monday, November 16, 2026, at 6:00 PM (EST) and will continue with lots closing at staggered intervals of approximately every fifteen (15) seconds until bidding on all Lots has concluded. The Auctioneer may utilize extended bidding/Soft Close. If a bid is received on a Listed Item during the final two (2) minutes, bidding on that Listed Item may be extended for an additional two (2) minutes and may continue to extend until no further bids are received during the applicable extension period. The Auctioneer reserves the right to extend the time for closing if necessary. HiBid's electronic bidding records, together with the Auctioneer's records, shall constitute the official record of the Auction in the event of a bidding dispute.
2. INSPECTION / PREVIEW
Inspection of the Listed Items is strongly encouraged. All bidders are responsible for inspecting, researching, ascertaining and confirming the condition, specifications, quantity and status of the Listed Item(s) before bidding. Preview will be available at 705 N. Hammonds Ferry Road, Linthicum Heights, Maryland 21090 on:
o Thursday, November 5, 2026 - 11:00 AM to 3:00 PM
o Friday, November 6, 2026 - 11:00 AM to 3:00 PM
o Wednesday, November 11, 2026 - 11:00 AM to 3:00 PM
3. AS IS, WHERE IS; NO WARRANTIES
The Listed Item(s) will be sold: (a) in an "AS IS, WHERE IS CONDITION AND WITH ALL FAULTS"; and (b) WITHOUT ANY WARRANTIES, GUARANTEES OR REPRESENTATIONS OF ANY TYPE, EITHER EXPRESS OR IMPLIED (INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WARRANTIES OF TITLE, POSSESSION, QUIET ENJOYMENT AND THE LIKE). Any information regarding the Listed Items provided by the Seller or the Auctioneer is for convenience only. The Seller and the Auctioneer expressly disclaim the accuracy of any and all information concerning the Listed Item(s), including make, age, condition, model numbers, serial numbers, dimensions, quantities, capacities, operability or completeness. Photographs are provided only as a guide and may not accurately represent the current condition, scale or completeness of an item. No representation or warranty is made that equipment is operational, complete, suitable for commercial use, compliant with current codes, or capable of passing any required inspection. Any statements regarding operating condition, service history, age, capacity or specifications are for informational purposes only and must be independently verified by bidders. All bidders shall be responsible for inspection and due diligence prior to bidding.
4. BUYER'S PREMIUM; BIDS FINAL; SALES TAX
A bidder that registers for the Auction and submits a winning bid to purchase any Listed Item (the "Purchaser") shall be obligated to pay the full purchase price (the "Purchase Price") for such Listed Item(s) plus a buyer's premium equal to (a) 18.50% of the Purchase Price if paying by credit card, or (b) 15.00% of the Purchase Price if paying by cash or certified/cashier's check (the "Buyer's Premium"). THE BUYER'S PREMIUM WILL BE APPLIED TO ALL PURCHASES. All bidders shall be deemed to know and understand their bid(s) and bid amount(s) when submitted. Bid retractions or cancellations will not be accepted. ALL BIDS ARE FINAL. NO EXCEPTIONS.
The buyer must pay Maryland sales tax unless an exemption is allowed under applicable law. Tax-exempt documentation must be submitted to and approved by the Auctioneer prior to the close of the Auction. Out-of-state buyers claiming an exemption must provide all documentation required by the Auctioneer. Refunds of sales tax will not be issued after payment has been processed. By registering and bidding, each bidder authorizes the Auctioneer to charge the registered credit card for amounts properly due. Purchasers agree to contact the Auctioneer promptly concerning any billing dispute before initiating a chargeback, without waiving rights under applicable law or card-network rules. All sales are final. The winning bidder has no right of rescission, refund or exchange.
5. PAYMENT
The Purchaser of any Listed Item(s) shall pay the Purchase Price and Buyer's Premium (collectively, the "Purchase Payment") to the Auctioneer in full by credit card, cash or certified/cashier's check. Certified/cashier's checks shall be made payable to Jonathan Melnick Auctioneers, Inc. Time is of the essence. ALL CREDIT CARDS USED TO REGISTER FOR THE AUCTION WILL BE CHARGED AFTER THE AUCTION HAS CONCLUDED. IF YOU PLAN TO PAY BY CASH, CERTIFIED/CASHIER'S CHECK, OR A DIFFERENT CREDIT CARD THAN THE CARD USED TO REGISTER, YOU MUST INFORM THE AUCTION COMPANY IN WRITING WHEN YOU REGISTER FOR THE AUCTION AT marie@melnicknewell.com. Cash payments must be exact change. NO LOTS MAY BE REMOVED WITHOUT FULL PAYMENT.
If a Purchaser's credit card is declined, the Purchaser shall have until 12:00 PM (noon) on Friday, November 13, 2026, to make acceptable payment arrangements with the Auctioneer. Failure to make payment or other purchaser default may result in cancellation of the transaction, suspension of bidding privileges, and, where permitted by law, an offer to another bidder or resale of the property. The defaulting Purchaser remains liable for any deficiency in the resale price, reasonable resale and collection expenses, and other legally recoverable damages. The Auctioneer may, but is not obligated to, offer an unpaid lot to another bidder.
6. REMOVAL / PICKUP
The Listed Item(s) purchased at the Auction shall be picked up and removed from the Premises by the Purchaser(s), at their sole expense, risk and liability, during the following Removal Dates, unless other arrangements are approved in writing by the Auctioneer:

" Tuesday, November 17, 2026: 12:00 PM-4:00 PM
" Wednesday, November 18, 2026: 10:00 AM-4:00 PM
" Thursday, November 19, 2026: 10:00 AM-4:00 PM
" Friday, November 20, 2026: Limited pickup by appointment only.
" Monday, November 23, 2026: By appointment only for oversized equipment and professional riggers

No Listed Item(s) may be removed until the Auctioneer has received and verified full payment. Purchasers must bring all labor, tools, dollies, carts, packing materials, vehicles and equipment necessary for removal. No loading assistance, forklift, pallet jack or labor will be provided unless specifically announced by the Auctioneer. To request special arrangements for pickup or removal, call the Auctioneer at (410) 366-5555.
7. DISCONNECTION; RIGGING; DAMAGE TO PREMISES
Purchasers are solely responsible for safely disconnecting and removing purchased equipment, including any plumbing, gas, electrical, refrigeration, HVAC, hood, fire-suppression or other utility connections. Any such work must be performed by properly qualified and, where required, licensed professionals and in accordance with applicable law and code requirements. The Seller and Auctioneer will not disconnect equipment. Purchasers of hood systems, walk-in coolers/freezers, HVAC equipment or other permanently attached equipment are responsible for all removal costs and for properly securing, capping or otherwise leaving affected building systems and penetrations in a safe condition. Purchasers may not remove structural components, damage building systems, or disconnect shared utilities without prior written authorization from the Auctioneer. Any openings or damage resulting from removal must be made safe and repaired as directed by the Auctioneer or property owner. The catalog and any lot-specific announcements control what is included in a lot; building components and fixtures not expressly included are excluded from sale.
The Auctioneer may require professional movers, riggers or contractors for certain items and may require proof of insurance, including a Certificate of Insurance naming the property owner and/or Auctioneer as additional insureds, before removal begins. Purchasers are responsible for all damage caused to the building, parking lot, sidewalks, doors, walls, floors, ceilings, roof, utilities or other property during removal and shall repair or reimburse such damage to the Seller's satisfaction.
8. ASSUMPTION OF RISK; INDEMNIFICATION
The Seller and the Auctioneer shall have no liability to any Purchaser or other person or entity for any injury, suit, claim, loss or damage arising out of or related to inspection, loading, disconnection, rigging or removal of any Listed Item(s). Each Purchaser assumes all risks associated with such activities and shall indemnify, defend and hold harmless the Seller and the Auctioneer, and their respective agents and representatives, from any suit, claim, loss, damage, cost or liability arising out of, in connection with, or due to the Purchaser's inspection, loading, disconnection, rigging or removal of the Listed Item(s).
9. FAILURE TO REMOVE; ABANDONED PROPERTY
ANY ITEM NOT REMOVED BY THE APPLICABLE REMOVAL DEADLINE, AND IN ALL EVENTS NO LATER THAN 5:00 PM ON NOVEMBER 18, 2026 UNLESS A LATER TIME IS APPROVED IN WRITING BY THE AUCTIONEER, MAY BE DEEMED ABANDONED WITHOUT REFUND. The Seller and Auctioneer shall not be responsible or liable for any Listed Item(s) remaining at the Premises after the Removal Dates. Remaining Item(s) may be deemed abandoned, disposed of, or resold at public or private sale without further notice, at the Purchaser's risk and expense. The defaulting Purchaser shall remain liable for any deficiency in the Purchase Price, costs and expenses of resale or disposal, actual attorneys' fees incurred by the Seller, and any other damages permitted by law.
10. MEMORABILIA; TRADE NAMES; INTELLECTUAL PROPERTY
Any memorabilia, artwork, signs, menus, branded items or decorative property offered at the Auction is sold solely as tangible personal property or collectible property. Unless expressly stated otherwise in a lot description, the sale does not convey any ownership of, license to use, or other rights in the Olive Grove Restaurant & Lounge name, trade names, trademarks, logos, recipes, goodwill or other intellectual property.
11. ONLINE BIDDING / TECHNOLOGY
The Seller and Auctioneer are not responsible for any computer problem, telephone problem, server or network problem, internet outage, lag, refresh problem, platform interruption or other technical issue that may occur on a bidder's computer, phone or other electronic device or through the HiBid platform. Bidders are encouraged to place bids early and not rely on last-second bidding. The Auctioneer reserves the right to pause, extend, reopen or otherwise adjust bidding when reasonably necessary to address a material technical issue or to preserve the integrity of the Auction.
12. GOVERNING LAW
The parties' respective rights and obligations regarding the terms of the Auction and the conduct of the Auction shall be governed by and interpreted according to the laws of the State of Maryland.
13. ACCEPTANCE OF TERMS
By registering for and/or bidding in the Auction, each bidder acknowledges that the bidder has read, understands and agrees to be bound by these Terms and Conditions, together with any lot-specific terms or announcements made by the Auctioneer before or during the Auction.

After years of serving the community, the beloved Olive Grove Restaurant & Lounge in Linthicum Heights, Maryland, has closed its doors. Jonathan Melnick Auctioneers, Inc. is pleased to offer the restaurant's equipment, furnishings, fixtures, and personal property at an online public auction.This is an opportunity for restaurant owners, caterers, food truck operators, equipment dealers, and entrepreneurs to purchase commercial restaurant equipment and supplies. Former customers and members of the community are also invited to participate and take home a piece of Olive Grove history. Items to be offered include commercial kitchen equipment, refrigeration, bar equipment and supplies, stainless steel equipment, dining room furniture, smallwares, d�cor, and much more! See the online catalog for the complete inventory.AUCTION LOCATION:Olive Grove Restaurant & Lounge-705 N. Hammonds Ferry Road Linthicum Heights, MD 21090. ONLINE BIDDING OPENS:Thursday, October 29, 2026 at 9:00 AM EDT AUCTION CLOSES:Monday, November 16, 2026, beginning at 6:00 PM EST Lots will close in staggered intervals with soft-close bidding. PREVIEW / INSPECTION:Thursday, November 5 � 11:00 AM�3:00 PM Friday, November 6 � 11:00 AM�3:00 PM Wednesday, November 11 � 11:00 AM�3:00 PM PICKUP / REMOVAL: Tuesday, November 17, 2026: 12:00 PM�4:00 PM Wednesday, November 18, 2026: 10:00 AM�4:00 PM Thursday, November 19, 2026: 10:00 AM�4:00 PM Friday, November 20, 2026: Limited pickup by appointment only. Monday, November 23, 2026: Oversized equipment removal by appointment only.. NO RESERVES! All lots offered for bidding will sell to the highest bidder regardless of price. All property is sold AS IS, WHERE IS, without warranties or guarantees. Inspection is strongly encouraged. Buyers are responsible for removal of purchased items. Buyer's premium and applicable sales tax apply. Please review the complete auction terms and conditions before bidding.