Anyone wishing to buy high-quality goods from a recently closed wine, coffee, and bistro is eligible to bid in this auction. Refrigerators, kitchenware, dishwashers, ice makers, coffee makers, furnishings, storage, trolleys, and other items are among the about three-year-old equipment. From January 16 at 7:00 AM CST until January 27 at 1:00 PM CST, the only way to bid is online. Before taking part, please be sure to read the terms and conditions.
Key Auction Details
Auction Dates and Timing
- Start Date: January 16th, 7:00 AM CST
- End Date: January 27th, 1:00 PM CST
- Closing Process: Two lots conclude each minute as the auction closes in a staggered fashion. The time for a lot will be extended by two minutes if a bid is made within two minutes of the lot closing.
Inspection and Pick-Up
- Inspection Date: January 27th, 9:00 AM to Noon (No appointment needed).
- Pick-Up Date: From 10:00 AM until 6:00 PM on January 28th (You must sign up).
- An email including details for scheduling a pick-up time will be sent to the winning bidders.
Items Available
- Refrigeration and Kitchen Equipment: Includes refrigerators, dishwashers, and ice machines.
- Coffee Equipment: Machines and tools for brewing.
- Furniture: Dining tables, patio furniture, shelving units, and carts.
- Smallwares: Various utensils and tools.
How to Participate
Online Bidding Only
- Register and bid through the online platform.
- All bidders must provide accurate contact information.
Payment Details
- Accepted Methods: Credit/Debit cards (Visa, MasterCard, Discover).
- The card on file will be charged automatically after the auction ends.
- Contact 763-343-7300 for payment issues.
Buyer’s Fees
- 18% buyer’s fee for items under $10,000.
- 13% buyer’s fee for items $10,000 and above.
- Minnesota sales tax applies unless a tax-exempt certificate is submitted before the auction closes.
Important Rules
Bidding Terms
- Bids cannot be canceled once placed.
- Items are sold “as is”—no warranties are provided.
- If you can’t pick up your items during the scheduled time, do not bid.
Removal of Items
- Buyers are responsible for disassembling, removing, and transporting their items.
- Auction Masters does not offer shipping or loading assistance.
- Items not picked up within the time frame will be considered abandoned.
Dispute Resolution
- Claims must be reported within one day of pick-up.
- Items not removed by the deadline may be disposed of without a refund.
Additional Information
Auction Contact Information
- For bidding or technical questions, contact Jason at 612-245-6391.
- For payment or pick-up inquiries, call 763-343-7300.
Safety Precautions
- Be aware of risks at the auction site. Auction Masters is not liable for injuries or damages during inspections or pick-ups.
Bidding Increments for the Auction
The bidding increments for the auction will follow the schedule below. These increments dictate the minimum amount by which each subsequent bid must increase, depending on the current bid amount:
- For bids up to $50.00: $1.00 increments
- For bids $50.01 to $200.00: $2.50 increments
- For bids $200.01 to $500.00: $5.00 increments
- For bids $500.01 to $1,000.00: $10.00 increments
- For bids $1,000.01 to $2,500.00: $25.00 increments
- For bids $2,500.01 to $5,000.00: $50.00 increments
- For bids $5,000.01 to $10,000.00: $100.00 increments
- For bids $10,000.01 and above: $250.00 increments
The online bidding mechanism automatically applies these bidding increments. A bid will not be approved until it reaches or surpasses the next valid bid increment if the bidder enters a sum less than the minimum needed increment.
For bidding or technical support, please call Jason at 612-245-6391 if you have any further concerns regarding the bidding procedure. For inquiries concerning pickup or payment, call 763-343-7300.
Bidders can guarantee a fair and uniform procedure for all auction participants by following these increments.
Conclusion
This auction provides a rare opportunity to purchase top-notch furnishings and equipment from a wine, coffee, and bistro bar for affordable costs. Review the terms, arrange for pick-up or inspection hours, and place a responsible bid. Ask for help from the auction crew if you need it.