State Court Liquidation: Inventory & Equipment

Description

State Court Liquidation of Boonton Electric Supply, Inc.  Entire store and back warehouse of electrical boxes, Halo recessed lighting, Westinghouse products, Nuvo lighting, Satco products, Topaz products, Phillips & Sylvania fluorescent lightbulbs, RAB products, Delta ventilation fans, Raco products, wire, PVC, large quantity of incandescent bulbs, PVC fittings, galvanized fittings, Cooper, Siemens load centers, Lutron products, GE products,  circuit breakers, Square D boxes, switches, transformers, Leviton products, Mulberry products, outlet covers, switch plates, fasteners, auger drill bits, Greenlee punches, full and partial reels of wire and cable, aluminum, reel winders with counters, reel dollies, steel pipe, galvanized pipe, conduit pipes, pvc pipes up to 10' in length, adjustable reel stands, ballast, meter sockets. Also 2009 Chevy Express 2500 Extended Cargo Van with 90K Miles. A 2003 Chevy Suburban with 220K miles. A Clark Propane Forklift with 1537 hours (gcx20, 3325 pound capacity, 3 stage mast, 188 inch lift, cushion tires.) In the Matter of the General Assignment for the Benefit of Creditors of Boonton Electric Supply Company, Inc., Steven Mitnick, Assignee. 

Catalog: https://auctionadvisors.hibid.com/auctions/current

Terms & Conditions

  • Buyers Premium: 10%
  • Closing: 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.
  • Deposit Amount: A 20% 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. Check with Auctioneer for details. Bids without a deposit will not be accepted. No Credit Cards. No Personal Checks. Attention Bulk Bidders: Bulk Bidders are required to deposit 100% of any successful bid amount with Auctioneer on day of Auction. No Exceptions.
  • Broker Co-op: N/A

Inspection

September 11th 9AM-11AM

* Requires confirmation of Online Agreement

  • Buyers Premium: 10%
  • Closing: 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.
  • Deposit Amount: A 20% 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. Check with Auctioneer for details. Bids without a deposit will not be accepted. No Credit Cards. No Personal Checks. Attention Bulk Bidders: Bulk Bidders are required to deposit 100% of any successful bid amount with Auctioneer on day of Auction. No Exceptions.
  • Broker Co-op: N/A

September 11th 9AM-11AM

Auction Info:

  • Sold
  • Property Type
    Business Liquidation
  • Property Location
    130 Division St
    Boonton Township, NJ 07005
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267

Joshua Olshin