COURT-ORDERED LIQUIDATION OF THE FORMER GEAR'N UP BIKE SHOP
Located at 1276 Winneconne Ave, Neenah, WI
ONLINE BIDDING ENDS
Monday, October 23, 2023 - with lots starting to close at 7:07 PM
HIGHLIGHTS OF THIS AUCTION INCLUDE:
Bikes
Helmets
Apparel
Tools
Parts & Supplies
Office Furniture and Supplies
Retail Displays
Computers & IT Equipment
***SEE COMPLETE CATALOG ONLINE***
All items are to be picked up at the former Gear'N Up Bike Shop - 1276 Winneconne Ave, Neenah, WI.
PREVIEWS
Preview online anytime or in-person on the following date/time:
Saturday, October 21, 2023, from 11:00 AM to 2:00 PM
PICKUP TIMES
We will be using an online scheduler to schedule all pickups for this auction. Winning bidders will be emailed after the auction ends to select a specific time slot to arrange pickup. This will allow us to schedule the amount of people onsite at the building at specific times to ensure a safer and more efficient pickup.
Bring your zero balance invoice when you pick up your purchases.
Pickup hours are the following two days:
Friday, October 27, 2023, from 1:00 PM to 6:00 PM and
Saturday, October 28, 2023, from 10:00 AM to 2:00 PM
BRING YOUR OWN LOADING HELP AND PACKING SUPPLIES.
PAYMENTS
All of the items on your invoice can be picked up at the former Gear'N Up Bike Shop located at 1276 Winneconne Ave, Neenah, WI (see the following pickup instructions). If your invoice is over $400, we are requesting payment by cash or wire transfer. Please email david@beloitauction.com for wire transfer instructions. All other invoices can be paid for by cash or credit card (though we reserve the right to have any bidder pay by cash or wire transfer for their invoice, regardless of amount, to prevent fraud). If you wish to pay for your purchase(s) with cash, you have a limited three-day window to do so on Tuesday, October 24th from 10:00 AM to 4:00 PM, Wednesday, October 25th from 10:00 AM to 4:00 PM, or Thursday, October 26th from 10:00 AM to 6:30 PM at our main office located at 534 West Grand Avenue, Beloit, WI. On Thursday night, we will start processing everyone's remaining payments for their invoices (less than $400) to their credit card on file (if they weren't told to make a payment by cash or wire transfer previously). We are not taking any payments at the former Gear'N Up Bike Shop. A 16% buyer’s fee and applicable sales tax will be added to the final sale price of your lots purchased (if you are paying by credit/debit card, a 2% convenience fee will be also be added to your purchase). All invoices that are $400 or more must be paid for by cash or wire transfer (this is to prevent fraud). If you are tax exempt, please email your paperwork to david@beloitauction.com
All items must be picked up by 2:00 PM on Saturday, October 28, 2023 or you lose all ownership rights to these items.
BELOIT AUCTION SERVICE, INC.
608.364.1965
David Allen, CAI, AARE, AMM, BAS, CAS, CES, GPPA
Registered Wisconsin & Illinois Auctioneer
WI #2580 IL #441.002296
Richard Ranft, CAI, AARE, AMM, GPPA
Registered Wisconsin & Illinois Auctioneer
WI #237 IL #441.001071
Welcome to Beloit Auction! This offsite auction of the former Gear'N Up Bike Shop is located at 1276 Winneconne Ave, Neenah, WI. Please read all of the informational lots at the beginning of this auction so you understand how this auction will operate, how you can pay or how you will be charged, and when you can preview and pickup. The pickup times are specific so don't bid if you (or someone you know) can't meet those pickup times/deadlines. You should bring YOUR OWN pallet jack, dollies, tools, equipment, and help to load your purchases. NO bathrooms will be available onsite. Do NOT bid if you cannot pickup at the specified times. Lots not picked up during these times will be considered abandoned and ownership will revert back to Gear Automotive. The following terms and conditions apply to this auction. (1.) YOU must register to bid. Auctioneer may establish such Bidder Registration requirements and Bidder qualification criteria as determined, in Auctioneer's discretion, to be reasonably necessary or appropriate. In order to register to bid, YOU must provide such information (including identifying and financial information) as requested by Auctioneer. Auctioneer may refuse to accept a Bidder Registration from any potential Bidder, may refuse to grant bidding privileges to any potential Bidder, and may revoke the Bidder Registration or bidding privileges of any Bidder. Auctioneer may, in Auctioneer's absolute discretion, receive bids from a person or entity that has not registered to bid, and/or has not satisfied all requirements for Bidder Registration, and, by bidding, such person or entity will be bound by Auctioneer's Bidder Terms and Conditions. Bidder qualification and registration provisions are intended for the benefit of Auctioneer and Seller, and create no rights or interests in any other persons, including competing Bidders. Auctioneer and/or Seller may (but will not be required to) waive any Bidder qualification and/or registration provisions, either globally or on a case-by-case basis. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding. (2.) Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. (3.) All property sold “AS IS,” “WHERE IS,” and “WITH ALL FAULTS.” All property is being offered and sold in its AS IS/WHERE IS condition at the time of the auction, WITH ALL FAULTS, including any hidden defects of any nature. Neither Auctioneer nor Seller makes any representations, warranties, or guarantees whatsoever, express or implied, regarding the nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristics of such property. No statement anywhere, whether express or implied, including verbal statements made by Auctioneer or their staff, will be deemed a warranty or representation by the Auctioneer or Seller. Without limiting the generality of the foregoing, there are no warranties of non-infringement, authenticity, origin, merchantability, or fitness for a particular purpose, all of which are expressly disclaimed. You acknowledge and agree that you cannot rely, and have not relied, on any representation, warranty, or guaranty made by Auctioneer or their staff or the Seller, or anyone acting as agent of the Seller, orally or in writing. You acknowledge and agree that you have had the opportunity to inspect any lot(s) in person. You further acknowledge and agree that any photographs or other images of lot(s) are adequate for your purposes, and that you have had a full and fair opportunity to ask questions of the Auctioneer, and to conduct any and all due diligence deemed by you to be necessary or appropriate. You acknowledge and agree that all sales are final with no refunds or returns.(4.) All of the items on your invoice can be picked up at the former Gear'N Up Bike Shop - 1276 Winneconne Ave, Neenah, WI 54956 (see pickup instructions below). If your invoice is over $400, we are requesting payment by cash or wire transfer. Please email david@beloitauction.com for wire transfer instructions. All other invoices can be paid for by cash or credit card (though we reserve the right to have any bidder pay by cash or wire transfer for their invoice, regardless of amount, to prevent fraud). If you wish to pay for your purchase(s) with cash, you have a limited three-day window to do so on Tuesday, October 24th from 10:00 AM to 4:00 PM, Wednesday, October 25th from 10:00 AM to 4:00 PM, Thursday, October 26th from 10:00 AM to 6:30 PM at our main office located at 534 West Grand Avenue, Beloit, WI. On Thursday night, we will start processing everyone's remaining payments for their invoices (less than $400) to their credit card on file (if they weren't told to make a payment by cash or wire transfer previously). We are not taking any payments at Gear'N Up Bike Shop. All winning bidders will be emailed/messaged from Shipping Saint to schedule their pickup time (feel free to call David Allen at 608-333-4586 or email him at david@beloitauction.com if you need to discuss your pickup plans). There is limited parking so you must sign up for a specific pickup time. This is a two-day pickup. The pickup hours are as follows...Friday, October 27th from 1:00 PM - 6:00 PM and Saturday, October 28th from 10:00 AM to 2:00 PM. IF YOU DO NOT PICK UP DURING THIS TIME - YOU LOSE ALL OWNERSHIP RIGHTS TO THESE ITEMS AND MAY BE BLOCKED FROM FUTURE BIDDING. A 16% buyer’s fee and applicable sales tax was added to the final sale price of your lots purchased (if you are paying by credit/debit card, a 2% convenience fee will be also be added to your purchase). All invoices that are $400 or more must be paid for by cash or wire transfer (this is to prevent fraud). If you are tax exempt, please email your paperwork to david@beloitauction.com (5.) There is NO SHIPPING on this auction. (6.) If for any reason payment is unable to be processed with this card, your account will be suspended, and you will be blocked from bidding. To reinstate your account, full payment for your outstanding invoice and a $50 service charge must be paid by cash or debit card. (7.) Winning bidders will be sent an email from ShippingSaint.com to schedule their pickup time slot. All items must be picked up by 2:00 PM on Saturday, October 28, 2023. If you have questions, call before you bid on any items. Items not picked up during these times will be considered abandoned and all ownership rights will revert back to the seller. (8.) Anyone caught tampering with tags, merchandise or shoplifting will be prosecuted to the fullest extent possible. (9.) Beloit Auction will not be held responsible for any inconsistencies in description announced or printed, therefore buyers are responsible for inspecting all items and deciding for themselves if the item they have seen is what they want to buy. (10.) According to Federal Uniform Commercial Code (UCC 2-238) At the closing of each auction item there is a legal binding contract for the purchase of the item. The buyer shall be responsible for safeguarding their purchased items from the public such as during the pick-up time. Beloit Auction recommends scheduling to be on site as quickly as possible to pick up your purchases. (11.) Buyers are responsible for moving, packing, boxing, and loading of all items purchased. This means providing your own vehicle, packing materials, boxes, bags, and labor/help to load your own vehicle. Beloit Auction cannot provide or insure assistance for loading of your items. (12.) Beloit Auction staff reserve the right to bid on and purchase merchandise. (13.) All our online only auctions are conducted using staggered closing times. That means every minute a select number of lots will close. The closing of an item means it is a scheduled time that bidding should end on that lot. (14.) All our online only auctions are conducted using a soft close. This means even if an item is scheduled to close at a particular time, if someone places a bid in the last 90 seconds, 90 seconds will be added to the scheduled close time for that particular lot. The time extension will continue to occur every time a bid is placed until there is at least 90 seconds with no additional bids. (15.) The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any item/lots that were affected by any malfunction. The decision of the Auctioneer is final. (16.) Buyer agrees any legal action taken regarding this auction, that jurisdiction is agreed upon by all parties to be placed in Rock County, WI. Beloit Auction & Realty, Inc. will be entitled to the value of its time, costs, and attorney’s fees incurred as damages.
