Designer Menswear Retail Store

BANKRUTPCY AUCTION
By Retention of Charles Stanziale, Trustee

A Large Retail Inventory of Designer Menswear

PLEASE NOTE:
As required in the Bankruptcy Code, the inventory will be offered first in bulk, then in individual lots.  Should anyone be interested in bidding on the business as a whole and taking over the location.  A lease is available through the landlord.  Please contact the auctioneer (908) 789-9999 for a copy of the landlord's lease terms.

Auctioneer's Note: 
Please be advised, this company had a second location in Florida.  The Florida inventory has been added to the Newark Inventory and will be part of the April 17th Auction.

No children allowed on premises during the entire auction process.

Auction Terms: 

DEPOSIT:
A 25% minimum deposit is due at the time of successful bid in cash, certified, or cashier’s check. Business checks accepted if accompanied by a properly worded bank letter of guarantee. Click Here for a properly worded Bank Letter of Guarantee These funds must be presented at the time of successful bid. Bids without a deposit will not be accepted. No Credit Cards. No Personal Checks.

BALANCE DUE:
Final Payment must be paid at conclusion of auction or next day before 3PM. No Items can be removed until entire invoice is paid in full. Auctioneer reserves the right to resell buyer’s lots, with buyer forfeiting their deposit, if full payment is not made by 3PM, next day.

BUYER PREMIUM & SALES TAX:
10% Buyer’s Premium applies to all purchases. 

AS-IS, WHERE-IS:
All items are sold “as is, where is” without warranty or guarantee. Please inspect all items carefully before bidding. There will be no re-bids or rebates after an item is sold. This catalog is presented strictly as a guide and is subject to errors and omissions.

A bid signifies acceptance of these Terms of Sale. Additional Terms of Sale may be announced by auctioneer on day of auction.