Al's Formalwear Warehouse

BANKRUPTCY CASE #23-57716-JRS Al's Formal Wear - Selling at Online Auction
  •   Oct 31 @ 6:00am CDT (Start)
  •   Nov 8 @ 10:00am CST (End)
  •   Add to Calendar
BANKRUPTCY CASE #23-57716-JRS
BANKRUPTCY CASE #23-57716-JRS
AUCTION


SELLING AT ONLINE AUCTION
BID DEADLINE (Starts To Close): Wed, Nov. 8th @ 10 AM CST

Al's Formal Wear
Part of
Tip Top Tux, LLC 
6122 South Loop East
Houston, TX 77087
 
ASSET DESCRIPTIONS: Selling a variety of formal wear in bulk, Crown lifts, pallet racking and vehicles.  Please click the "All Photos" tab for a sample of the assets being sold.

ONLINE BIDDING REGISTRATION: Online bidding to begin on October 31st, 2023.

INSPECTION: November 7th from 11 AM to 1 PM.  Please review "Important Auctioneer's Notes" for vehicle inspection instructions.

IMPORTANT AUCTIONEER'S NOTES: We are conducting multiple auctions for this bankruptcy case.  Due to the large inventory of apparel being sold, we strongly recommend attending the scheduled inspection to confirm the counts and sizes of items being sold.

All vehicles being sold will NOT be at the 6122 South Loop East location.  The vehicles have been relocated to Auctions Unlimited, LLC, 8777 Tallyho Road, Bldg 3, Houston, TX 77061.  Please contact Tim Worstell at 713-428-8691 to coordinate an inspection.

You are STRONGLY advised to inspect the items, in person, during the inspection period in order to validate the descriptions and/or photographs in the catalog. Should you have any questions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com or Rick Sammons at 770-490-0798 or rick@bullseyeauctions.com

TERMS: All items must be paid by wire transfer. Immediately following the auction, Auctioneer will email each winning bidder an invoice and wiring instructions. Wire transfer must be received within 24 hours of the auction.

REMOVAL: Once full payment has been received, removal can begin. Successful bidders are responsible for the removal of all purchased items. All purchased items MUST be removed no later than November 17th. Please do not assume there will be boxes, hand trucks or assistance with packing or loading. Failure to adhere to the posted times for removal, will incur additional expense.

LEGAL CONTRACT – Your participation in our auction is your acknowledgement and acceptance of the terms and conditions presented here. Your failure to adhere to any of these terms and conditions may constitute a breach of contract and may cause irreparable harm to Bullseye Auction & Appraisal and/or our client. In this event, we and/or our client(s) may attempt to recover any financial or other damages by pursuing any action afforded by law.

SALES TAX: Applicable sales tax will be added to all assets UNLESS proper tax-exempt forms are brought with you to the auction, NO EXCEPTIONS.

BUYER’S PREMIUM: There is NO buyer's premium for this auction. 

BUYER’S NOTE: All items are being sold “AS IS, WHERE IS” with no warranties expressed or implied. Buyers should carefully verify all items and make their own decision as to the accuracy thereof before relying on the same. Items may be added or deleted without notice. All items subject to prior sale. Online bid increments are at Auctioneer’s discretion. All sales are final.

SALE MANAGERS:
Tim Worstell at 713-428-8691, TXAL# 16989
Scott Schwartz at 404-550-3490, GAL# 2643
Rick Sammons at 770-490-0798, GAL# 3575

SELLING IN CONJUNCTION WITH:
Auctions Unlimited, LLC
8777 Tallyho Road, Bldg 3, Houston, TX 77061

Terms & Conditions for Personal Property Auctions

  • Removal of ALL items must occur during the posted removal period.  There are NO EXCEPTIONS.
  • There may be a buyer's premium added to all winning bids.  Check specific auction listing for details.
  • Appropriate sales tax will be charged for all purchases unless proper sales tax exemption documentation is provided.
  • The lots will be sold at a rate of either 1 or 2 lots per minute.  Please check individual auction or speak to auctioneer for specific details.
  • The bid extension feature is in place.  This feature will extend the bidding an additional 3 minutes for any item that has received a bid within 2 minutes of the ending bid time shown for that item. This feature has been added to eliminate sniping and to make the online bidding process more like a 'live' auction.
  • If bidding on a particular lot is extended, the closing of subsequent lots will continue.
  • High bids cannot be cancelled.  Please make certain that you are bidding on the correct item and at the bid amount you want prior to placing a bid.
  • Once the auction concludes, you may be contacted by phone.  Please be expecting the call and be prepared to discuss your plans.
  • Should you have any questions or concerns do not hesitate to call Rick at 770-490-0798 or Scott at 404-550-3490.
  • Assistance and/or tools are not provided for removal of your items.  Please be prepared with proper tools and labor for removal of your items.
  • By placing a bid, you acknowledge and agree to the above terms and conditions and those printed in the auction listing.

Have fun, bid first and bid fast.  But remember ALWAYS bid last!

 

Thank you again for participating in our auction!  We greatly appreciate your business!