Sarto's Social Italian Eatery and Pantry

Buyer's Premium:

• There will be a 13% buyer's premium (10%) if paying in cash or equivalent) added to all winning bid prices and is subject to all applicable sales tax

Payment Terms:

• Due to the Coronavirus and the goal to reduce interactions and maintain social distancing, our payment terms will be modified going forward.
  • Payments under $1000 will be automatically charged to the credit card on file, immediately following the auction
  • Payments over $1000 can be made by bank wire transfer, cashier checks, cash deposited directly into a Chase Bank branch or by credit card
  • Payments by bank wire transfer, cashier checks or cash at a Chase Bank will receive the 3% reduction off the buyer's premium
  • Please call our office for our banking information

Re-Listing Fee:

• If your auction purchases are not paid for by the specified deadline the credit card on file will be charged a re-listing fee of 10% of the total bid price(s), or $10, whichever is greater (not to exceed $100).
• Those individuals not paying will not be permitted to participate in future auctions

Sales Tax:

• The tax rate for this auction is 4.75%
• Applicable sales tax will be added to all purchases except the following Exemptions:
  • Dealers re-selling similar equipment with a valid retail sales tax license & businesses with tax-exempt status (we must have a copy of your current license on file)
  • Items being exported will have the taxes refunded if we get a dock receipt within 2 weeks of the auction

All information provided is believed to be correct and NO warranty as such is either intended or implied. All items are sold AS IS - WHERE IS AND WITH ALL FAULTS AND DEFECTS THEREIN