Bidding Notice:

Use the "MAX BID" feature and never miss an item. Your bid is never raised below the minimum, until another registered bidder places a bid.

Auction Information
Name NEW EASTERN BUFFET & CHAMPPS BAR AND GRILL
Auctioneer
Type Live Webcast Auction
Date(s) 6/4/2017 - 6/13/2017
Auction Date/Time Info
Live bidding begins at 10:00 AM on June 13.
Preview Date/Time Monday, June 12 from 10:00 AM until 2:00 PM
Checkout Date/Time You MUST remove your purchases during the following times: (1) for 2 hours after the live auction. (2) on Wednesday from 10:00 AM until 4:00 PM (3) After Wednesday, access to the building will be by APPOINTMENT ONLY. (4) The last day for removal of hoods and walk ins will be Friday, June 23. Failure to meet this schedule may result in losing your items without refund.
Location
Buyer Premium Each high bid will have a 10% BP added
Description
This will be a simulcast live and online bidding auction. We are selling the remaining assets of the New Eastern Buffet that was being operated in this location. In addition, we are selling the remaining assets from the Champps Bar & Grill that recently closed at the Streets of Southport in Durham, NC, and items from a restaurant owner that decided not to open his second location.
EQUIPMENT CONDITION: **All items are sold AS IS, WHERE IS, with NO WARRANTY or GUARANTEE. **All sales are final. **All bids are based on the inspection, evaluation, and desire of the Bidder(s). **Unless otherwise stated in an item description, no items have been tested for functionality. **Any description of functionality is for INFORMATION ONLY and does not constitute a warranty or guarantee. PAYMENT BY ONLINE BIDDERS: Full payment is due immediately after the auction. The credit card given at the time of registration will be used for the full payment of your invoice (subject to a 3% processing fee). PAYMENT BY AUCTION ATTENDEES: Full payment is due immediately after the auction. You may pay with cash, good NC check, or credit card (subject to a 3% processing fee) If your credit card is declined for ANY REASON, you will have until Noon the day after the auction to call us with a different credit card. Failure to do so will result in the sale of your items to someone else and your removal from our approved bidders list. REMOVAL: You MUST remove your purchases during the following times: (1) for 2 hours after the live auction. (2) on Wednesday from 10:00 AM until 4:00 PM (3) After Wednesday, access to the building will be by APPOINTMENT ONLY. (4) The last day for removal of hoods and walk ins will be Friday, June 23. Failure to meet this schedule may result in losing your items without refund. SELLING MULTIPLE LIKE ITEMS: if we sell multiple like items to more than one buyer, selection will be on a first come basis. (Example: If we sell dining chairs to more than one buyer, then the first buyer to show up to get their items, will get the first selection. If you are late getting there, you will choose from what is remaining.) CREDIT CARD CHARGEBACKS: **Each Bidder agrees not to initiate a credit card chargeback with respect to any charges. **Each Bidder further agrees that initiating a credit card chargeback is a DIRECT VIOLATION of the Terms and Conditions agreed upon by the bidder when registering to bid. **With the Auctioneer's presentation of these Bidder Terms and Conditions to the issuing bank, credit card company, or other financial institution, the bidder authorizes such bank, credit card company, or other financial institution to deny any credit card chargeback and to re-credit all amounts to the account of the Auctioneer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 25.00 1.00 USD
25.01 - 100.00 2.50 USD
100.01 - 300.00 10.00 USD
300.01 - 9,999,999.99 25.00 USD
Currency USD
Buyer Premium Each high bid will have a 10% BP added
Payment Terms
There is a 3% processing fee for all credit/debit cards. PAYMENT BY ONLINE BIDDERS: Full payment is due immediately after the auction. The credit card given at the time of registration will be used for the full payment of your invoice (subject to a 3% processing fee). PAYMENT BY AUCTION ATTENDEES: Full payment is due immediately after the auction. You may pay with cash, good NC check, or credit card (subject to a 3% processing fee) If your credit card is declined for ANY REASON, you will have until Noon the day after the auction to call us with a different credit card. Failure to do so will result in the sale of your items to someone else and your removal from our approved bidders list. CREDIT CARD CHARGEBACKS: **Each Bidder agrees not to initiate a credit card chargeback with respect to any charges. **Each Bidder further agrees that initiating a credit card chargeback is a DIRECT VIOLATION of the Terms and Conditions agreed upon by the bidder when registering to bid. **With the Auctioneer's presentation of these Bidder Terms and Conditions to the issuing bank, credit card company, or other financial institution, the bidder authorizes such bank, credit card company, or other financial institution to deny any credit card chargeback and to re-credit all amounts to the account of the Auctioneer.
Shipping by Wester Auction is not available for this auction. You must locate and hire a shipping company in this area. We recommend you do this BEFORE BIDDING AND BUYING anything
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.