Name Ranger Specialty Bankruptcy Online Auction 12-12-2016
Auctioneer Lawler Auction Company
Type Online-Only Auction
Date(s) 12/12/2016
Monday, Dec. 12, 2016 at 2pm
Preview Date/Time Monday, December 12, 2016 from 8am to 12pm.
Checkout Date/Time Tuesday & Wednesday, Dec. 12th & 13th from 8am to 5pm only.
Location 128 Spinner Drive
Broussard, LA 70518
Buyer Premium 15% BUYER'S PREMIUM
Description
We have been commissioned by the United States Bankruptcy Court to conduct an online only internet auction to liquidate the assets of Ranger Specialty & Supply, LLC. The auction is set to start closing with the first lot at 2pm on Monday, Dec. 12, 2016 and with each subsequent lot closing 10 seconds behind the other. (Sniper protection is enabled so any last minute bids will extend the bidding two minutes on those particular lots).
There is a 10% Buyer's Premium for this auction. This will be an online only auction with the first lot starting to close at 2pm on Monday, December 12, 2016, with each subsequent lot closing just seconds behind the other. In the event that a last minute bid is placed the bidding will be extended for approximately two minutes allowing the other bidders and opportunity to increase their bids. Bidders may place a "Max Bid" (Maximum Bid) and the computer system will bid automatically up to the maximum bid in increments. All items are sold "as is" without warranties or guarantees of any kind whatsoever. Once the auction has ended, Lawler Auction Company will immediately charge the credit card on file unless the buyer has notified Lawler Auction Company in advance indicating that it wishes to pay with cash at Lawler Auction Company's headquarters in Shreveport or at Ranger Specialty & Supply on Tuesday no later than 11:00 a.m. If the buyer does not notify the Auction Company prior to the auction, we will assume that you wish to have the credit card charged and immediately charge the credit card on file and the standard 3% credit card surcharge will be applied. In the event that we cannot process a payment for any reason, such as a declined credit card, etc., we reserve the right to sell the items to the next highest bidder. All items must be picked up by appointment only on Tuesday, Dec. 13th or Wednesday, Dec. 14th only. . Buyers may call (318) 455-9397 to obtain a pickup time. Due to the logistics involved, we request that you make your appointment time, which is usually a 10-minute window allowing time to load your items (Depending on the number of items you are there to pick up). In the event that you are running late, please call to reschedule your pickup time so that we do not inconvenience other bidders. We are doing this because we know your time is valuable and we don't want you to have to wait in long lines. We are also concerned about the security of your items, so there only escorted customers will be allowed into the building at one time. We are going to make every effort to have your smaller items pulled and waiting on you at your desired pickup time. Fork Lift assistance is available for a fee of $15 per lift. In the event that a buyer wishes to bring their own fork lift, they may do so only if a certificate of insurance is provided to Lawler Auction Company in advance. THOSE BUYING THE SHELVIING IN THE WAREHOUSE are responsible for removing the shelving units themselves and those buyers may NOT take down the shelving units before Thursday, December 15, 2016. Load-Out of those items must take place on Thursday, December 15th only. This is for safety concerns and so that the other buyers will have a chance to remove the items and get them out of the way so that the items can be safely taken down by the buyer. Buyers must bring their own equipment necessary to remove the shelving units themselves. For non-merchandise pickups, the pickup times for those items will be scheduled last. It is the responsbility of each winning bidder to load out their own items.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 20.00 1.00 USD
20.01 - 50.00 2.50 USD
50.01 - 200.00 5.00 USD
200.01 - 300.00 10.00 USD
300.01 - 500.00 25.00 USD
500.01 - 1,000.00 50.00 USD
1,000.01 - 2,500.00 100.00 USD
2,500.01 - 5,000.00 250.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 15% BUYER'S PREMIUM
Payment Terms
The credit card will be charged immediately following the auction unless the auction company is notified in advance that you will be paying with cash. The buyer's premium will only be 10% for those paying with cash.
Shipping and pick up is the responsibility of the buyer. However Shipping, Etc. out of Lafayette will be happy to pick up your items and ship them to you for a fee to be paid by the buyer. You can reach Shipping, Etc. directly by calling (337) 266-9616. Ask for John Nugent. You can also email him at mail@shippingetc.com