AUCTION
International Chicago Grill

7319 N. University Avenue
Peoria, Illinois
Tuesday, December 20, at 10:00 a.m.

No removal of purchases will be permitted while auction is in progress.

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KITCHEN: Vulcan 6-burner stainless gas oven/range; Vulcan stainless 4’ gas griddle on wheels; Hobart 50# gas fryer; Frymaster 50# gas fryer; fry dump station; near new Star 18” gas charbroiler; 2-burner 18” electric stove; Holman 230v Mini-Veyor toaster; 7’ stainless range hood with return air; 7’ stainless range hood with integrated infrared fry station warmer; 42”x48” stainless hood; (3) separate Ansul liquid chem systems; Southbend R2 Rapidsteam; 3-compartment stainless sink with dual faucets; (2) 4’ stainless tables; Panasonic Pro2 230v microwave; (2) aluminum sheet pan racks; stainless dipwell; assorted stainless hotel pans, utensils, etc.; Curtis D1000 dual coffeemaker with shake mixer attachment; dual head Curtis PC-20 cappucino; 5 sections cooler shelving; REFRIGERATION: Cold-Stream refrigerated stainless deli display case; True stainless single door freezer; Kol-Gard stainless single dutch door cooler; Manitowoc ice cube maker; Kenmore 10cu.ft. upright freezer; Kenmore countertop freezer; Amana 4’ chest freezer; 6’ stainless island cold table with 2 warmer wells; Silverking countertop stainless freezer;  low-temp compressor-condenser and coil; dual-temp cooler compressor-condenser and coils for walkin; refrigerator compressor-condenser and coil for walkin;  (2) dunnage racks; SOFTSERVES: Stoelting 3-head model 2131-18 watercooled soft serve, 208-230v-1ph; Taylor B441-22 shake machine, 230v-1ph; Hamilton Beach bar blender; DINING ROOM: (40) red Classico ice cream parlor style chairs; (9) wood framed booths with tan upholstery; (24) red pendant aluminum light fixtures with integrated dimmers; (8) small brass chandeliers; 6’ self-contained salad bar on wheels; (7) stained glass pendant fixtures; (2) 30”x42” tables and (4) 30”x30” tables with sports card collections under resin; (4) matching elliptical wall-mount tabletops; (7) 24x18 tables;  triple tray receiver/trash receptacle; single tray receiver/trash receptacle; MISC: drive-thru menuboard and speaker system; (4) new drive-thru “place order here” 2-way speaker stands; sound system with PA system and CD changer and speakers; “open” signs; cup and lid dispensers; coffee makers and coffee grinders; boxes of new glassware; (4) chafers; American Standard 42,000btu heat pump with furnace/airhandler, new; KingCraft 6,000w 120/230v generator, like new; Magic Bomb console electronic arcade game; Cherry tabletop arcade game; Alco beverage dispenser for parts; assorted small wares; TERMS: Cash payment day of sale, in the form of cash or guaranteed funds. A 10% Buyer Fee will be added to purchases. No removal of purchases during auction.

Bidders paying in currency in amount of $10,000 or greater will be required to complete IRS Form 8300.

We often are asked how a bidder should bring cashier's checks when the bidder does not know how much he/she will be spending. If you bring cashier's checks made payable to yourself in various increments, you can endorse them over to us and we will refund any overpayment.

We do not accept credit cards or debit cards. We no longer accept "convenience" checks drawn on credit cards since our bank will not process them. 

A 10% Buyer Fee will be added to all purchases.

All items are sold "as is" and "in place" and "with all faults known and unknown". No property is to be removed until paid for in full. Please settle with the cashier within 15 minutes after the close of the auction. The Auctioneer and Owner or their designee reserve the right to add to, split, bunch up, withdraw or delete lots, or bid on Owner's or lien holder's behalf during the course of the auction sale. Sales tax will be charged where applicable. Leased items, if any, are sold subject to Lessor's approval. More detailed terms may be listed in auction day catalog and on the back of your bidder registration card or posted on-site for your review. 

Absentee Bids: If you are unable to attend the auction sale, we can bid for you. You must submit a blank check accompanied by a bank letter guaranteeing payment to Cotten Commercial Auctioneers, Inc. in the amount of your maximum bid plus the Buyer's Fee, if applicable. We will bid for you as if you are actually present, however, we assume no liability to bidders for missed lots where bids are not presented.
Inspection and Preview: Inspection from 8:00 AM on auction day. Although every effort has been made to publish reliable information regarding the property to be sold, Cotten Commercial Auctioneers, Inc. makes no warranty, expressed or implied, as to the accuracy of the information contained herein. The description, measurements, model and serial numbers, age, quantities, weights, condition, odometer and hour meter readings as outlined in the brochures and catalogs and invoices are believed to be accurate, but are for merely for the Auctioneer's identification of the respective items and not a warranty that such information is correct. For this reason the buyers should avail themselves of the opportunity to inspect the property to be sold prior to the auction sale. Any announcements made day of sale shall take precedence over prior advertising or printed matter.
Removal of Purchases: All purchases must be removed from the premises before Noon Wednesday, December 28, 2011. All items are sold "in place" with removal at purchaser's risk and expense. All purchases become the Buyer's responsibility at the time of sale, and the Seller and the Auctioneer assume no responsibility or liability for loss, damage, or injury to persons or property before, during, or after the auction sale. Protect your purchases once the auctioneer says "sold". The bidder agrees to hold harmless, defend, and indemnify Auctioneer for any personal injury or property claims resulting from attendance. This provision shall include unregistered persons attending with bidder. Movers and riggers must provide a valid certificate of insurance prior to dismantling any equipment.

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