The Well Improvement Company
The Well Improvement Company specialized in water well development and groundwater remediation. Over the course of 40 years, the company acquired tools and machinery to permit the fabrication of equipment needed for those applications. This included the construction of injection units, treatment mixing trailers, drilling equipment and one-of-a-kind tools that were needed at job sites. As part of the owner's retirement, he is liquidating all of the fabrication tools and equipment at public auction.
AUCTION HIGHLIGHTS
- Welders
- Welding Accessories
- Jet Lathe
- Bridgeport Vertical Mill
- Toolboxes
- Power and Hand Tools
- Metal Inventory
- Much More
Warranties: All items sold in the auction are sold AS IS - WHERE IS with no warranties or guarantees either expressed or implied. All information provided on lots sold in this auction is believed to be correct.
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
Inspection Times:
- Saturday May 22nd 10am - 2pm
- Monday May 24th 9am - 2pm
Removal:
- Removal days will be May 25th and 26th from 9am - 4pm
- When you receive your invoice at the completion of the auction there will be a link to our scheduling system that will display all the available pick up time slots. We will only be allowing 4 bidders every 15 minutes to keep wait times down and help maintain the safety of our customers and staff.
- Forklift assistance will be available as needed
If items are not removed by 4:00pm on May 26th, a $25 fee will be charged. Any items not picked up by the removal deadline are considered abandoned and bidders may not have access to said items or be permitted to participate in future auctions.
Payment Terms:
- 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 15% 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 3.70%
- 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