Auction Details

Auction Dates

Jun 01 , 2018

Description

Business Liquidation AUCTION
Including Real Estate
FRIDAY JUNE 1 - 10:00 a.m.
1310 S Zero St, Fort Smith, AR
Midwest Sporting Goods

Directions: On Zero St in Fort Smith next to Arkansas Glass & Mirror  

Appx 8,444 sf commercial store front building w/large retail showroom, production work areas, receiving & warehouse area w/roll-up door, office, bathrooms, dressing rooms, 3 heat/air units & concrete parking lot on all sides.  This versatile building is in a perfect location with heavy traffic.
 10% Buyer’s Premium on real estate only.  Please click on 'terms' tab for complete list of terms.  Real estate sells at 10 am.  

Shop, Equipment & Tools: Barudan SMT/SDU-I Total Embroidery Machine w/Multiple Sewing Heads - Commercial Sewing Machines - Barudan Embroidery Machine w/Supplies - Power House 2608 Quartz Flash Dryer (for Silk Screen Production) - (2) Harco Graphic Production 4-Station Silk Screen Machines - Dahlgren Wizard XL Engraving Machine - Boxes of NIB Trophy Production Tools, Supplies & Parts - ADC Buffer - Additional Backup Harco Model BL-2480 & Other Production Machines - Lg Quantity of Wood Silk Screen Frames & Supplies - Boxes of Letter & Number Transfers - Store Displays - Showcases - Fixtures - Pallet Shelving - Portable Gazebo - Office Furniture - Soccer Goals - Basketball Rims & Nets - Signs & More
 
Collectibles:
Vintage Wood Multi-Drawer File Cabinet - Autographed Football & Basketball - Limited Edition Signs & Advertisement Materials - Full Sized Baseball Mannequin - ½ Body Mannequins - Trophies

 
New Inventory:  (Baseball, Softball, Football, Soccer & Other Sports Activities) Clothing & Supplies, Footwear, Uniforms, Jackets - Baseball Gloves - Balls - Bats - Bases - T-Ball Supplies - Trophy Parts & Supplies - 100's of Hats - Helmets - Safety Equipment - T-Shirts - Customized Team/School Logos & Supplies

Very Nice!!!
    Note:  After 75 years in the Sporting goods business, Midwest Sporting Goods have closed their doors and must sell this large commercial building and all inventory & equipment.  Apparel and other inventory name brands include-Rawlings, Wilson, Schutt, H&B (Louisville Slugger), Under Armour, Adidas, All Star, Easton, Champro, Worth, Alleson, NoKona, Xprotex, Adams, Smitty, Dalco, Holloway, Delong, Twin City, Jugs, Cliff, Keen, Mueller, Cramer & More.  There are 100's of boxes of inventory plus a full showroom.  Don’t miss this excellent opportunity to purchase new inventory and excellent equipment. 

 
      All Announcements Day of Sale Supersede This Ad
 

Terms & Conditions

Looper Auction & Realty II, LLC
4525 Palestine Road, Huntington AR 72940
(479) 996-4848
Terms

Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due in approx. 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey (if needed), filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Property sells regardless of price. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records

Directions

In South Ft. Smith, Ar.  1310 Zero Street.  Watch for the Looper Auction Signs!

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Looper Auction & Realty II, LLC
Jimmy Looper
AR License #35
4430 Nickletown Road
Greenwood, AR 72936
(479) 996-4401

Looper Auction & Realty II, LLC
Shawn Looper
AR License #36
4525 Palestine Road
Huntington, AR 72940
(479) 996-4848