1. Bidder Registration: Although there is no obligation to bid, all prospective buyers MUST register in order to bid at the auction.

2. Removal of Inventory: Merchandise/equipment shall not be removed from the premises, until payment has been made in full. All items must be removed within 48 hours of the auction or by other arrangements.

3. Personal Property Inspection: Previewing of all merchandise is essential. All Items are being sold “AS-IS & WHERE-IS. All restaurant equipment will be sold from the first disconnect.

4. Payment: Will be cash, personal or company check with bank guarantee card for the amount of purchase only.

5. A 10% Auction Premium: A 10% Auction (Buyer’s) Premium will be added to the successful high bid and included in the total purchase price, plus Mississippi sales tax. Copy of vendor’s license must be presented to auctioneer for sales tax exceptions.

6. Announcements: Announcements made by the auctioneers shall take precedence over any previously written, advertised or oral statements made. Conduct of the auction, increments of the bidding and decisions as to the high bidder will be made at the direction and sole discretion of the auctioneer.
 

- Back to MAIN PAGE

Parcel & Restaurant Documentation

  Partial Inventory List  

  Terms & Conditions

Auction Services  -  Document

  Auction Registration Form

  Broker Registration Form