THIS IS A COMPLETED SALE
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View current listings by this company
The Pita Factory
Previous Page Listing ID#: 92152
Auction Location |
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E Syracuse, NY 13057 |
Auction Dates and Times |
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Thursday Sep 13, 2018 Completed Thursday Oct 4, 2018 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Blackbird Asset Services, LLC Website: blackbirdauctions.com GoToAuction.com ID#: 3317 View company information and listings |
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Listing Terms and Conditions |
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Auction Bidder Agreement
Bidder and Auctioneer agree that the Terms and Conditions listed below shall govern this Online Auction sale:
1. All persons seeking to register to bid must present a valid credit card to register online. In addition, Auctioneer reserves the right to verify the validity of all cashier's checks or certified funds drawn from lending institutions. The "Bidder" becomes a "Buyer" upon the closing of the lot, and the Auctioneer's acceptance of their bid on one or more items in the Auction sale. This sale is being conducted for the United States Bankruptcy Court, Northern District of New York, Case No. 1831014-5-mcr. All sales are final. No returns or refunds will be permitted for any reason whatsoever.
2. FULL PAYMENT must be made immediately for your purchase at the Auction (online or live). This payment should be made in the form of cash, credit card (up to $5,000) or wire transfer (wire instructions on request). Company checks will be accepted only if accompanied by a letter from the issuing bank that reads: "(Bank Name) unconditionally guarantees payment to Blackbird Asset Services, LLC from (Purchasers Name) on account number ______ up to the amount of $________. This guarantee will be valid for purchases made at The Pita Factory Auction on October 4, 2018." Buyers who place winning bids online will have their credit card automatically charged at the conclusion of the auction sale (for purchases up to $5,000) and must comply with the removal and rigging terms noted herein. These credit card charges carry a 3% convenience fee, as noted below, and are as-is, no refusals, turn-backs, or charge-backs permitted. You will receive a paid invoice at the conclusion of the auction by email when your card is automatically charged. For those bidding online with invoices over $5,000, or those wishing to pay by company check or wire transfer, please contact auction office prior to the Auction to make arrangements. FULL PAYMENT must be made immediately for your purchase at the auction.
3. Items left unpaid for more than 48 hours will be resold at the risk and expense of the Buyer. In the event that a Buyer fails to pay the entire purchase price (in addition to the Buyer's premium and any applicable tax) within 48 hours, or otherwise fails to comply with these Terms and Conditions, the Auctioneer and the Seller will retain any deposit paid as liquidated damages without notice. The Auctioneer and the Seller reserve the right to resell such items without notice, and the defaulting Buyer shall be liable to Auctioneer and Seller for any resulting deficiency, including costs incurred in storing and reselling such items.
4. Auctioneer shall charge and collect from each Buyer a 15% Buyer's premium for each sale at the Auction, in addition to the purchase price as bid. Buyers that pay by credit card will be charged a 3% convenience/credit card fee in addition to any buyer's premiums so noted. Online buyers are subject to this additional 3% convenience / credit card fee when their card is charged.
5. The auction will begin with the entirety bid for all items in the auction sale, which will be held in reserve subject to piecemeal (item-by-item) bidding. The method which produces the highest amount will be confirmed immediately, on site, and not subject to any further review or approval of the court.
6. Collection of applicable taxes will be in accordance with the laws of New York State. Sales tax for Onondaga County, NY is 8.0%. Auctioneer reserves the right to charge and collect tax on all purchases, shifting the burden of determining any tax exempt status to the purchaser (if applicable). In such case, tax refunds will be issued by the respective state. If you are entitled to a sales tax exemption, please contact our office before October 3, 2018, 2pm ET to clear sales tax exemption. Buyers who fail to clear sales tax exemption prior to October 3, 2018, 2pm ET will be charged sales tax and must file with New York State for any refund to which they may be entitled due to exemption.
7. For any purchase paid in cash with a value of $10,000 or greater, Buyer is required to complete Department of the Treasury Internal Revenue Service form 8300 (https://www.irs.gov/pub/irs-pdf/f8300.pdf) at the time of purchase.
8. Arrangements for removal of purchased items will be the sole responsibility of the Buyer. All small, non-rigged items must be removed not later than October 6, 2018. Additional charges will apply to any buyer that holds over or requests additional time to remove their purchases. Some smaller items in this auction sale can be packed-and-shipped by Blackbird for an additional fee, please contact our auction office at auctions@blackbirdauctions.com to arrange for pack-and-ship upon receipt of your invoice. Riggers by appointment to remove major equipment as needed.
9. The Buyer becomes fully responsible for and assumes all risk of loss and damage to items purchased until items are removed from the Auction site, whether or not the removal deadline has passed. If the Buyer does not remove an item within the announced removal period, Auctioneer and the Seller may, in their sole discretion, deem the item to have been abandoned by the Buyer and the Buyer will have no further rights with respect to the item.
10. In the event of any dispute concerning the winning bid price for an item, the record kept by Auctioneer shall control. In any dispute between two or more bidders, the Auctioneer's decision shall be absolute and final.
11. All items are sold as-is, where-is and with all faults. Neither Seller nor Auctioneer makes any warranty, express or implied, as to the nature, quality, value, or condition of any item. Auctioneer and seller expressly disclaim any warranty of merchantability, fitness for a particular purpose or non-infringement.
12. No sale shall be invalidated by reason of any defect or inaccuracy in any description or listing, and no liability shall be borne by the Auctioneer with respect to such errors. All information has been obtained from sources generally believed to be reliable, but the accuracy cannot be guaranteed or warranted by the Auctioneer. Bidder acknowledges it is their responsibility to inspect all items and to make their own inquires prior to their bidding.
13. The aggregate respective liability of Seller or Auctioneer in respect of any other loss or damage suffered by a Buyer and arising out of or in connection with these Terms and Conditions or arising out of or in any way connected with a Buyer's participation in the Auction, whether in contract, tort (including negligence) or for breach of statutory duty or in any other way, shall not exceed (i) in the case of the Seller, the amount of the purchase price paid by the Buyer; and (ii) in the case of the Auctioneer, the Buyer's premium paid by the Buyer, in each case in respect of the goods which are the subject of the claim.
14. Computers, drives and other electronic equipment may contain copywritten software that is governed by a license agreement issued to a third party. In such event the Buyer acknowledges that said software and license agreement(s) are not included in their purchase(s). Buyer guarantees the destruction of any personally identifiable information that may be stored on such devices, and shall indemnify and hold harmless the Auction Company and their Seller from any claims, suits or other actions brought against them that relates in any way to personally identifiable information or any other data that remains on such devices, latent or obvious.
15. Buyers acknowledge that an Auction site or the Seller's site is a potentially dangerous place. Flammable, noxious, corrosive and pressurized substances may be present. Heavy equipment may be operated, and electrical circuits may be live. Every person enters such site at his or her own risk with notice of the condition of the premises and the activities that will be or have been conducted on the premises. Buyers shall so advise their agents and employees. No person shall have any claim against Auctioneer, the Seller or their respective agents or employees for any injuries sustained or for damages to or loss of person or property that may occur at such site.
16. These Terms and Conditions are incorporated and merged with any sale-specific Terms and Conditions which may be distributed via our online bidding site and / or at the physical auction location.
Terms and Conditions for webcast auction of The Pita Factory, October 4, 2018. R1-2018-09-12
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Listing Information |
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Court-ordered bankruptcy auction of entire Lebanese pita baking operation, formerly The Pita Factory. Northern District of New York Bk-No. 18-31014-5-mcr. This is an exceptional opportunity to purchase a late-model pita bread bakery operation as a turnkey purchase in its entirety. We will first offer the complete package for one money, including all equipment, intellectual property and branded packaging (this will be lot #1). A successful bid using this method will allow the buyer a very quick entry into this lucrative, niche business as everything is installed and ready to go. The auction will begin with the entirety bid, which will be held in reserve subject to piecemeal (item-by-item) bidding. The method which produces the highest amount will be confirmed immediately, on site, and not subject to any further review or approval of the court. 1 Entirety Bid Entirety bid for lots 2–70, all inclusive. This bid will be held in reserve subject to the item-by-item bidding, and the method which generates the highest return will be confirmed. 2 Intellectual Property Intellectual property: All rights, title and interest to the name "The Pita Factory," rights to thepitafactoryus.com domain name, all packaging, boxes and printed / branded items including: (lot) branded pita bags, Wicket Claire imbryme pita white 22... 3 Mecnosud portable mixer Mecnosud bowl mixer, model 1M38DUS, serial number 001, stainless steel bowl, portable, (2016) 4 Sabitech dough divider Sabitech dough divider, model D1V010MANSS, serial number 111352116, all stainless steel, portable, (2016) 5 Sabitech dough sheeter Sabitech dough sheeter, model MOL45MANSS, serial number 314952216, 220 vac 3pH, (2016) 6 SRL Bowl Mixer Mixer SRL bowl mixer, model ASE 250 Impastatrice Spirale 2, (2016), stainless steel bowl, includes (3) spare bowls and dollies and also a Mixer SRL bowl elevator dumper, 250 liter bowls, dumps at 72 inch, painted frame, controls, (2016) 7 Sabitech Pita Bread Line Complete Complete Sabitech 4 row Arabic Pita Bread Line, 4800-10000 loaves per hour capacity including the following components: Sabitech dough divider, approx. 4800-10000 loaves/hr., model DIVO404WBSS-PBM, serial number 458322415, stainless steel hopper, 4-r... 8 Kwik Lok bag closer Kwik Lok bag closer, type 88A hand model AJNRPR, serial 105450, 115v together with type 901 AutoPrint printer, hand model A1R, serial 105451, 115v. Including (lot) Striplok bag closures, 7.5 boxes, series J-NRP, 60,000 per box, white 9 Sabitech deck oven Sabitech oven, stone deck type pizza oven, 30 inch x 36 inch, domed roof, natural gas fired, all stainless steel, with stand 10 Saj oven Saj oven 36 inch diameter, natural gas fired, steel frame 11 Tandoori oven Shann Tandoori oven, model STNG, serial number 160945, natural gas fired (UK) 12 Exhaust Hood Exhaust hood system manufactured by Captiveaire Systems with twin model 7224 ND-2 hoods, stainless steel, 72 inch x 24 feet overall length, includes (5) 36 inch vent sections, rooftop exhaust blower 13 Pita bread chipper Hani ALRabadi lathe type pita bread chipper, 14 inch x 2 inch opening, (2) 12 inch rolls, adjustable, vary-speed, stainless steel frame, stainless steel removable bin, (2016) 14 Sink 3 compartment sink with left drain wing, stainless steel 15 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 16 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 17 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 18 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 19 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 20 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 21 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 22 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 23 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 24 SS Table Seville classic stainless steel portable work table, model 18308ZW, 20 inch x 48 inch, bottom wide shelf 25 Trays (Lot) Bakery/bread trays, approximately 500, elastic, some branded (50) others no brand 26 Trays (lot) six bread tray dollies with misc. bread / baking trays 27 Trays (lot) approximately 32 bread / baking trays 28 Trays (lot) approximately 60 Weston bread trays 29 Rack with shelves Rack with wood shelves, portable steel rack, 10 tier, with (20) 12 inch x 48 inch pine shelves 30 Rack with shelves Rack with wood shelves, portable steel rack, 10 tier, with (20) 12 inch x 48 inch pine shelves 31 Kenmore freezer Kenmore upright freezer, model 253.220.42410, serial number WB64150244, (2016) 32 Wooden trays lot of (17) wood product trays, (12) 48 inch X 16 inch & (5) 48 inch X 24 inch 33 IR 7.5HP compressor Ingersoll Rand 7.5HP stand up 80 gallon tank mounted reciprocating air compressor, model 2475, serial number NAR10124930, 220 volt single phase 34 Keaeser dryer Kaeser refrigerated air dryer, model HTRD25, serial number 1000003139282 25CFM @ R5 PSI 35 GE refigerator freezer General electric refrigerator freezer, side by side, 23.6 cubic feet, model TFH24PR 36 Lockers twelve compartment cubical style lockers 37 Wetvac Rigid filtration vacuum / wetvac, 11.5 amp, 14 gallon, 2 stage motor, HEPA certified 38 shelving shelving, 6 foot high x 7 foot long x 22 inch deep (no contents) 39 buckets (lot) misc. mop buckets, mops, brooms, totes, misc. wood 40 contents shelving (lot) contents shelving, misc. switches, control components, air cylinder 41 contents shelving (lot) contents shelving: misc. ball bearings, misc. roller chain, fluorescent bulbs, misc. items 42 contents shelving (lot) contents shelving glassware (two shelves), misc. cases of oil cruets, cases of screw top bottles with caps, (1) case pint jars (Excluding hood pipe parts) 43 shelving (lot) shelving, 6 foot high x 4 foot long x 24 inch deep (no contents) 43 Werner Step Ladder Werner 10 foot fiberglass step ladder 44 bakery cart (lot) bakery / product cart with trays and cover 45 bakery cart (lot) bakery / product cart with trays and cover 46 OPEN LOT OPEN LOT 47 totes (lot) misc. totes and tubs 48 conduit (lot) misc. electrical conduit 49 flour bins (lot) four bins on casters containing flour, salt & sugar 50 baking supplies (lot ) misc. baking hardware and supplies, including stainless steel sieve, scoops, large cutting board, corn oil, etc. 51 butcher block top table Butcher block table with stainless steel base; 6 foot long X 30 inch wide X 36 inch height 52 olive oil (1) can cold pressed olive oil (approx. 2.5 gallons, appears to be full) 53 yeast (lot) (13) cases (one partial) Fleischmann's instant yeast (20 packs in each case) 54 flour, sugar (lot) (1) 50lb bag all purpose flour, (3) 50lb bags fine stone ground whole wheat flour, (1) 50lb bag cane sugar 55 sesame seed (1) 25kg bag of hulled sesame seeds 56 SS work table Stainless Steel work table, 30 inch x 24 inch 57 balances (lot) Kilotech balances and calculator 58 Telephone system Telephone system consisting of: Strata DK/6E telephone system + OHP On Hold Plus, Comshare 750, with telephones on desks 59 Snack oven Avantco snack oven, model 117CP012-120, 1450 W, serial number CPO122015120378, stainless steel including stainless steel table, 18 inch x 24 inch, bottom shelf 60 Contents Reception area (lot) remaining contents of reception area; reception desk, display table, Hp 2035 laserjet printer, credenza, wall wire shelving and misc. 60 Wool Tapestry - 60" x 77" Wool Tapestry - 60" x 77" - Machine made 60 Wool Tapestry - 60" x 77" Wool Tapestry - 60" x 77" - Machine made 61 picture frames (lot) (18) picture frames in hallway 62 contents office (lot) contents office; desk, (2) chairs, and misc. 63 cabinet and contents (lot) storage cabinet and contents - office supplies 64 barcode printer SATO CL4NX barcode / label printer sn: AH101835, code WWCL00061, w/ case of various sizes of labels 65 contents office (lot) Office contents; (2) desks, (2) office chairs, (2) occasional chairs, and misc. contents 66 tablet Engage Technologies Auto Pilot touch panel tablet 66 Wireless Security Camera System - 8-channel Zmodo ZP-NL18 8-channel network video recorder with 8 wireless cameras. 1 TB storage. 67 gas primer Honeywell S89F gas primer 68 safe Elite Stack On Safe, SN: Y165LM0580186 69 contents office (lot) balance office contents (excluding safe); desk, executive chair, 2 drawer lateral filing cabinet, (4) chairs w/ 3 ft. round table, apartment refrigerator, and misc. 70 Kenmore refrigerator freezer Kenmore/Coldspot refrigerator freezer, freezer up, model 106.602219410, serial number VS62475287, 24 cubic feet, (2016) |
Auction License: PA, MA, FL, NC, VI, WV, OH |
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