Fragodt Auction and Real Estate

 

Date(s) 9/10/2020 - 9/22/2020

Open House: By Appointment Call 320-734-4408. All bidding will take place Online.

Past Auction
Online-Only Auction
Bidding Notice:

This auction will start closing down at 10:00 AM on Tuesday, September 22nd. Bidding will remain open until no bids have been received in 5 minutes.

Auction Notice:

All items in building pertaining to the business are included in this sale (personal items not included). You are bidding on a Turn Key business.

Auction Information
Name *SOLD* Starbuck Meats and Locker Service, Inc. Auction
Auctioneer
Type Online-Only Auction
Date(s) 9/10/2020 - 9/22/2020
Auction Date/Time Info
Open House: By Appointment Call 320-734-4408. All bidding will take place Online.
Preview Date/Time By Appointment. Please call our office @ 320-734-4408 to set up an appointment today!
Checkout Date/Time Successful bidder will be required to pay 10% down (non refundable) and sign a purchase agreement immediately following the auction.
Location
Buyer Premium There is no Buyer's Premium
Description
After over 20 years in the business, Keith and Sandy have decided to sell their business and spend more time with family. They have spent the last two decades growing Starbuck Meats and Locker Service Inc. into a very successful business with both the customer base and awards to prove it. Keith and Sandy want to offer someone else the opportunity to own a business that has been so good to them. This is an incredible opportunity to purchase a thriving turn-key business in a great community. This will be an auction for a turn key business. It will include the Real Estate and all of the Meat Processing Equipment that is currently in the building that makes this a very successful Meat and Locker Service. Give our office a call today for a complete prospectus and financial disclosures.
There is NO buyer's premium on this auction. - Auctioneer is Representing the Seller. - Real Estate will be sold "As Is, Where Is" with no Contingency. - Seller and Auctioneer give No Warranties or Guarantees; Expressed or Implied. - Financing is Not a Contingency for this Auction. -Seller will grant potential buyers access to certain nancial documents, provided they agree to and sign a Non-Disclosure Agreement. - All 2020 Real Estate Taxes will be Paid by the Seller. - Buyers should rely on their own Information, Judgement . - Property will be sold Subject to owner conrmation. -The Current Owners of Starbuck Meats and Locker Service, Inc. are willing to assist the buyers with the transition of ownership. The terms of assistance will need to be agreed upon by both parties prior to closing. -Existing Inventory will be negotiated. All information provided in all forms about the subject property were obtained form sources deemed reliable. While we do not doubt the accuracy, we have not veried it and make no guarantee, warranty, or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not present the current or future performance of the property. It is your responsibility to independently verify the accuracy and completeness of all information. Any action commenced to enforce any of the terms and conditions set forth herein shall be venued in the District Court of Lac qui Parle County, State of Minnesota, and Fragodt Auction Co. shall be entitled to an award of reasonable attorney fees and costs incurred in said action. The terms and conditions shall be binding on the party's heirs, successors and assigns.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 50.00 2.50 USD
50.01 - 95.00 5.00 USD
95.01 - 250.00 10.00 USD
250.01 - 1,000.00 25.00 USD
1,000.01 - 5,000.00 50.00 USD
5,000.01 - 10,000.00 100.00 USD
10,000.01 - 50,000.00 250.00 USD
50,000.01 - 100,000.00 500.00 USD
100,000.01 - 999,999.99 1,000.00 USD
1,000,000.00 - 9,999,999.99 123.45 USD
Currency USD
Buyer Premium There is no Buyer's Premium
Payment Terms
Successful bidder will be required to pay 10% down (non refundable) and sign a purchase agreement immediately following the auction.
N/A
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.