Surplus Assets to the Continuing Operations of Tendit Group - Roller Auctions

Surplus Assets to the Continuing Operations of Tendit Group

7500 York Street, Denver, Colorado 80229
Ended On:
Surplus Assets to the Continuing Operations of Tendit Group - Roller Auctions
Surplus Assets to the Continuing Operations of Tendit Group - Roller Auctions
Surplus Assets to the Continuing Operations of Tendit Group - Roller Auctions
Surplus Assets to the Continuing Operations of Tendit Group - Roller Auctions
Surplus Assets to the Continuing Operations of Tendit Group - Roller Auctions
+1Surplus Assets to the Continuing Operations of Tendit Group - Roller Auctions

After acquiring several businesses in the Denver Metro Area, Tendit Group has decided to liquidate surplus assets at public auction.

All items must be removed by September 15th. Any Items left beyond this date will be considered abandoned. Please do not bid if you're unable to pay for and remove purchases by September 15th

All items in the auction are sold AS IS - WHERE IS with no warranties or guarantees either expressed or implied. If you believe an item you win is materially different from what was conveyed, Roller Auction will consider a refund of the purchase price ONLY (No hauling, repair, etc.) on a case-by-case basis. Roller Auction must be notified within 2 days of the final removal date of the auction.

Buyer's Premium:

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

Inspection Times:

  • September 11th & 12th
  • 8:15am - 4:45pm 

Removal:

  • Removal days will be September 14th - 15th from 8:15am - 4:45pm
  • 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
  • Forklift assistance will be available as needed

If items are not removed by 4:45pm on September 15th, a $25 fee will be charged. Any items not picked up by the removal deadline are considered abandoned and no further rights will accrue to you, including but not limited to no further access to said items and revocation of the right to participate in future auctions. For avoidance of doubt and in accordance with the Terms of Use, once the removal period ends, Roller Auctions may resell the items with no further obligation or liability to the Buyer and may charge the Buyer a relisting fee in addition to any amounts already paid.

Payment Terms:

  • Payment Due By 4:45pm on Friday, September 15th
  • Upon the closing of the last lot in any Auction, you agree that the sum of your winning Bids, including all applicable taxes, and Buyer’s Premium (defined below) may be, at Roller Auctions’ discretion, (i) automatically charged to the credit card you have on file with Roller Auctions, or (ii) paid pursuant to an invoice you receive electronically, with such invoice due upon receipt. 
  • Payments under $500 will be automatically charged to the credit card on file immediately following the auction.
  • Payments by bank wire transfer, cashier checks or cash will receive the 3% reduction off the buyer's premium
  • Credit Cards Accepted; Visa, Master Card and Discover

Re-Listing Fee:

  • If your auction purchases are not paid for by the removal deadline specified above the credit card on file will be charged a re-listing fee of 15% of the total bid price(s).
  • 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

TITLES / TAXES: All titled units will be charged a $35 dealer handling fee. This fee will be added to the bid price and is taxable.

  • With your invoice at the completion of the auction will be directions on what will be required to complete your title work. 
  • Please send in all needed information at that time to keep wait times to a minimum as it takes time for us to process the title work.
  • Taxes will be based on where the unit is being titled.
  • If you are in the business of reselling equipment, we will need a copy of your current resale / dealer’s license to not charge you tax. (Items being exported will have the taxes refunded if we get a dock receipt within 2 weeks of the auction).
  • Titles for items that are paid for with funds that are not guaranteed will be mailed out 15 business days after payment is received.
  • Temporary Plate/Registration: As a vehicle dealer in the state of Colorado we give temporary plates that are good for up to 60 days.
  • A temporary registration will NOT be issued for:
    • A tow away vehicle
    • A vehicle with a failed emissions
    • To a person who cannot provide insurance
    • To a person who cannot provide a Secure and Verifiable Identification.

Late Title listed on an item means that Roller Auction does not currently have the title but anticipate receiving it no more than 30-Days after the auction.