Assignment for the Benefit of Creditors
Selling All Remaining Assets of Design Lighting Group, LLC
SELLING AT ONLINE AUCTION
BID DEADLINE (Starts To Close): Tuesday, March 21st @ 11 AM
Selling All Remaining Assets of Design Lighting Group, LLC
SELLING AT ONLINE AUCTION
BID DEADLINE (Starts To Close): Tuesday, March 21st @ 11 AM
ASSET DESCRIPTION: Selling a variety of lighting fixtures, supplies and other related assets. For a sample of the assets being sold, please click the "All Photos" tab.
AUCTIONEER'S NOTE: Many of the fixtures being sold are still hooked to power. In addition, many of the chandeliers are hanging from the ceiling. Please make sure to bring proper equipment/labor to ensure safe and timely removal. Purchaser is responsible for removal of their purchased items.
LOCATION: 1231 Collier Road, Suite B, Atlanta, GA 30318.
ONLINE BIDDING REGISTRATION: Online bidding to begin on March 11th, 2023.
INSPECTION: Monday, March 20th from 10 AM - 1 PM.
You are STRONGLY advised to inspect the items, in person, during the inspection period in order to validate the descriptions and/or photographs in the catalog. Should you have any questions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com or Rick Sammons at 770-490-0798 or rick@bullseyeauctions.com
TERMS: All items must be paid in full with a cashier’s check, cash, business check with bank letter of guarantee or wire transfer. Major credit cards are accepted but will include a 3% convenience fee at checkout. Immediately following the auction, Auctioneer will email each winning bidder an invoice. Payment will be accepted at auction site from 9 AM until 3 PM. Payment must be received no later than 3 PM on March 22nd.
REMOVAL: Wednesday, March 22nd from 9 AM – 3 PM
Once full payment has been received, removal can begin. Successful bidders are responsible for the removal of all purchased items. Please do not assume there will be boxes, hand trucks or assistance with packing or loading. Failure to adhere to the posted times for removal, will incur additional expense.
ADDITIONAL TIME – There is no additional time available for pick-up of items. Space will be returned to the landlord at 3 PM on March 22nd. Please do not bid if you cannot meet the removal requirements. Thank you for your understanding and cooperation.
LEGAL CONTRACT – Your participation in our auction is your acknowledgment and acceptance of the terms and conditions presented here. Your failure to adhere to any of these terms and conditions may constitute a breach of contract and may cause irreparable harm to Bullseye Auction & Appraisal and/or our client. In this event, we and/or our client(s) may attempt to recover any financial or other damages by pursuing any action afforded by law.
SALES TAX: Applicable sales tax will be added to all assets UNLESS proper tax exempt forms are brought with you to the auction, NO EXCEPTIONS.
BUYER’S PREMIUM: There is a 10% Buyer’s Premium for this auction. Example: For a high bid of $1,000, a 10% buyer’s premium of $100 will be added making the purchase price $1,100.
BUYER’S NOTE: All items are being sold “AS IS, WHERE IS” with no warranties expressed or implied. Buyers should carefully verify all items and make their own decision as to the accuracy thereof before relying on the same. Items may be added or deleted without notice. All items subject to prior sale. Online bid increments are at Auctioneer’s discretion. All sales are final.
SALE MANAGERS:
Scott Schwartz at 404-550-3490, GAL# 2643
Rick Sammons at 770-490-0798, GAL# 3575
Terms & Conditions for Personal Property Auctions
- Removal of ALL items must occur during the posted removal period. There are NO EXCEPTIONS.
- Failure to pay for your item(s) by the posted deadline will result in charging the full amount due to your card. You further agree to forfeit your right to dispute this charge with your credit card issuer by acceptance of this condition.
- There may be a buyer's premium added to all winning bids. Check specific auction listing for details.
- Appropriate sales tax will be charged for all purchases unless proper sales tax exemption documentation is provided or stated otherwise.
- The lots will be sold at a rate of either 1 or 2 lots per minute. Please check individual auction or speak to auctioneer for specific details.
- The bid extension feature is in place. This feature will extend the bidding an additional 3 minutes for any item that has received a bid within 2 minutes of the ending bid time shown for that item. This feature has been added to eliminate sniping and to make the online bidding process more like a 'live' auction.
- If bidding on a particular lot is extended, the closing of subsequent lots will continue.
- High bids cannot be cancelled. Please make certain that you are bidding on the correct item and at the bid amount you want prior to placing a bid.
- Once the auction concludes, you may be contacted by phone. Please be expecting the call and be prepared to discuss your plans.
- Should you have any questions or concerns do not hesitate to call Rick at 770-490-0798 or Scott at 404-550-3490.
- Assistance and/or tools are not provided for removal of your items. Please be prepared with proper tools and labor for removal of your items.
- By placing a bid, you acknowledge and agree to the above terms and conditions and those printed in the auction listing.
Have fun, bid first and bid fast. But remember ALWAYS bid last!
Thank you again for participating in our auction! We greatly appreciate your business!
