Name 2018,01,24 Live Restaurant Auction
Auctioneer The Auction Guy
Type Internet Absentee Bidding
Date(s) 1/15/2018 - 1/24/2018
Live Auction: Wednesday, January 24, 2018, 11:00 AM Start Doors Open at 10:00 AM
Preview Date/Time Preview: Tuesday, January 23, 2018, 2:00 PM - 5:00 PM
Checkout Date/Time Pick up will be Wednesday, January 24 after Auction closes and Thursday, January 25, 2018, 10:00 AM - 2:00 PM.
Location 45 Elm St.
Toronto, ON M5G 1H1
Buyer Premium 15% Buyers Premium
Description
LIVE RESTAURANT AUCTION Wednesday, January 24 starting at 11:00 AM. Doors open at 10:00 AM. 45 ELM ST. TORONTO, ON M5G1H1 Pre-Bidding ends tonight at 9:00 PM. Register for the Restaurant Auction at our website and then place your Pre-Bid using the Maximum Bid feature at the Online Auction Listing. Have a question? Reach us at info@theauctionguy.ca
Live Auction Terms & Conditions Upon registration, the Bidder agrees with the Terms and Conditions as listed and that such terms shall govern this auction sale. Additional terms may be posted or announced during the auction sale and are equally as binding as those listed below. 1. All Live Auction Bidders must first register and obtain a bidder number in order to participate at the auction sale. A $200.00 refundable cash deposit will be required at time of registration. 2. Although the Auction makes every attempt to ensure that all advertisements and descriptions are accurate and error free, no sale shall be invalidated by reason of any defect or inaccuracy in the description provided. Preview times are offered and all Bidders are encouraged to take advantage of the Preview times in order to thoroughly inspect all items to their own satisfaction. ALL ITEMS ARE SOLD AS IS, WHERE IS. 3. The Auction reserves the right to refuse any bid deemed not to be a fair and reasonable opening bid. In the event of any dispute arising as to the amount bid or as to the bidding process, the Auction shall act with sole discretion and as the final authority in determining the successful bidder and may immediately put the lot in dispute up again for sale. 4. Reserve Bids: Items may be offered for auction with a minimum opening bid requirement. 5. The highest bidder shall become the Purchaser and no bidder shall retract his / her bid. All purchases become the responsibility of the Purchaser immediately upon award of the successful bid. All sales are final. 6. H.S.T. plus a 15% buyer's premium will be added to the purchase price of all items sold at the auction. 7. Full payment for all purchases must be made on the day of the auction sale. All applicable taxes and auction fees will be added to the purchase price of all items sold at the auction. 8. All items must be removed within the time announced and/or posted at the auction sale at the Purchasers own cost and risk and in a manner approved by the Auction. Should the Purchaser fail to remove any items during the allotted time period, the Auction may dispose of or resell the items at the Purchasers sole risk and expense. 9. Purchasers are responsible to bring any necessary tools, packing material or additional labour in order to remove purchased items. Note: Any damages caused to the property by the Purchaser or agents acting on behalf of the Purchaser during removal of the items, will be billed to the Purchaser and added to the Purchaser's credit card. 10. ALL ITEMS ARE SOLD AS IS, WHERE IS. The Auction offers no guarantees or warranties, expressed or implied, statutory or otherwise of any nature whatsoever. 11. The catalogue listing may be subject to deletions at any time throughout the auction process. In the event that the Auction is unable to deliver any awarded lot(s) as a result of theft, damage, or for any reason whatsoever, the Auction's sole liability shall be the return of any monies paid on such lots. 12. By his/her purchase, the buyer waives any claims for liability against either The Auction Guy, its related employees, organizations, or the consignor of the item or service, arising in any way whatsoever including, but not limiting the generality of the foregoing, any liability resulting from the utilization of the property or services sold or from failure of the goods to match the provided descriptions. 13. The Auction and their employees are not responsible for any loss, damage or accidents that may occur on the premises. Online Auction Terms & Conditions Upon registration, the Bidder warrants that they are of legal age and have read and understand the terms and conditions as listed and that such terms shall govern this Auction sale. 1. All Bidders must first complete the New Bidder Information form as provided. All Bidders are required to provide valid credit card information in order to register for this auction. YOUR CREDIT CARD WILL NOT BE CHARGED UNLESS YOU ARE THE SUCCESSFUL BIDDER. 2. Throughout the auction process Bidders are encouraged to check their bids often in order to ensure success. Bidders may also choose to receive e-mail notifications when Outbid on an item. These notifications will not be sent out during the final two hours of the auction sale. 3. Bidders have the option of setting a maximum bid amount allowing the auction software system to automatically bid on their behalf to the next highest bid increment. 4. Reserve Bids: Items may be offered for auction with a minimum opening bid requirement. 5. Soft Close: In the event that a bid is placed on an item in the final minute of the auction sale, the auction for that item will automatically be extended and remain open for an additional 2 minutes. This will continue until all bidding has ceased. 6. ALL ITEMS ARE SOLD AS IS, WHERE IS. Although the Auction makes every attempt to ensure that all items are authentic and that all photographs and descriptions are accurate and error free, no sale shall be invalidated by reason of any defect or inaccuracy in the description or photos provided. Due to the nature of the Online Auction and of the merchandise that we offer, we are not provided with any information from the consigning companies and therefore we cannot and will not guarantee the history, origin, authenticity, fitness for a particular use, nor the working condition of any item sold. 7. Photos used in the Auction catalogue may on occasion be that of duplicate lots or of equal or similar items as seen and found on the internet. Preview times are offered and all Bidders are encouraged to take advantage of the Preview times in order to thoroughly inspect all items to their own satisfaction. 8. By placing a bid, the Bidder signifies that they have examined the items to their own satisfaction, or that they have chosen not to personally examine them. 9. The highest Bidder shall become the Purchaser and no Bidder shall retract his / her bid at any point throughout the auction sale. Purchases become the responsibility of the Purchaser immediately upon award of the successful bid. All sales are final. 10. Upon award of the successful bid, the Purchaser will receive an invoice via email within 6 hours of the auction close. Full payment for all purchases is required on the day of the auction sale and will be charged to the credit card provided. A 15% buyer's premium plus H.S.T. will be added to the purchase price of all items sold at the auction. Failure to provide full payment using the credit card provided or alternative method of payment during allotted pick up times may result is suspension of bidding privileges. 11. Pickup and Removal: All items must be removed on the dates and times as provided. Any items not picked up, will be considered abandoned and the Auction will dispose of or resell the items at the Purchasers sole risk with no refund provided. 12. Purchasers are responsible to bring any necessary tools, packing material or additional labour in order to remove purchased items. Note: Any damages caused to the property by the Purchaser or agents acting on behalf of the Purchaser during removal of the items, will be billed to the Purchaser and added to the Purchaser's credit card. 13. The catalogue listing may be subject to deletions at any time throughout the Auction process. In the event that the Auction is unable to deliver any awarded lot(s) as a result of theft, damage, or for any reason whatsoever, the Auction's sole liability shall be the return of any monies paid on such lots. 14. By his/her purchase, the buyer waives any claims for liability against either the Auction, its related organizations or the consignor of the item or service, arising in any way whatsoever including, but not limiting the generality of the foregoing, any liability resulting from the utilization of the property or services sold or from failure of the goods to match the provided descriptions. 15. The Auction Guy and their employees are not liable for any loss, damage, injury or accidents that may occur on the auction premises.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9.00 1.00 CAD
9.01 - 28.00 2.00 CAD
28.01 - 95.00 5.00 CAD
95.01 - 290.00 10.00 CAD
290.01 - 975.00 25.00 CAD
975.01 - 4,950.00 50.00 CAD
4,950.01 - 9,999,999.99 100.00 CAD
Currency CAD
Buyer Premium 15% Buyers Premium
Payment Terms
15% Buyers Premium, $200.00 Deposit Required to Register. Cash, Debit, Visa & MasterCard accepted.
Pickup is immediately following the close of the Live Auction on Wednesday, January 24 to 8:00 PM and on Thursday, January 25, 10:30 AM - 2:00 PM.