Sales/Auctions   >>   "Big Box" Office Supply Store

Description of the products, details of the loss, photos (where available), and terms of the sale are listed below.
Entire contents of a "big box" office supply retail store located in Hilo HI, USA. Value of the store is estimated to be $1.45 Million at cost (USD), $2.26 Million at retail. This store is heavy in electronics, as this location is strong in this category of sales. Value of the electronic inventory is estimated to be $1 Million at retail. This is about one third more than this "big box" office supply retailer's typical mainland US location.

Following a fire and subsequent sprinkler damage at a "big box" office supply retailer, we were called in to inventory the extensive store contents, and separate damaged from un-damaged & claimed from un-claimed goods.

Time was of the essence for this insured and we rapidly completed inventory work, closed on the sale of the goods and then placed the goods in shipping containers to quickly transport the sold goods to the buyer. The enabled the insured to re-open their doors much more rapidly than even this demanding customer expected.


  - SALE FORMAT:   SOLD:
  - BID DUE DATE/TIME: Wed., 1/5/2005, 4:00pm Hawaii Time (9:00pm ET)
  - BIDS MAY BE SUBMITTED VIA:
          on-site submission: 311 Makaala Street, Hilo, HI
          telephone:    (303) 726-5774
          email:          
kbooth@boothandassociates.com

  - Bid will be a % of Retail Value of Inventory to be determined
    by RGIS. Note, percentage checks have been made
    and the insured reports that the store-wide variance is
    approximately 1%.
  - A 90% wire transfer deposit of the total bid price is required
    immediately after the awarded bid, with the balance due upon
    load out of the last container from the store.
  - The seller reserves the right to reject any and all bids.
  - The goods are sold As Is / Where Is (Hilo, Hawaii, USA)
  - Buyer to pay all shipping, packing materials, and load-out costs.
    Retailer's personnel will pack and load out. Reported average
    overall store labor cost is $9.50 per hour.


Feel free to call us on our on-site mobile # at (303) 726-5774 to provide you with further details on this particular sale item.

 

 

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