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BUSINESS ORDERED LIQUIDATION AUCTION – Fun Town Factory

Commercial Real Estate, FF&E: Lots Arcade Games, Inflatables, Pizza/Restaurant Equipment, and Much More!


This 16,000 sq. ft. free span building with fire suppression  is situated on a 1.4 acre site, was newly renovated and opened in 2011, is located adjacent to a grocery anchored shopping center and can be configured for a variety of uses!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 08/25/12 at 10:00 AM CDT
Location: 18106 E. Bundschu Road, Independence, MO 64056
LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 08/25/12 at 10:30 AM CDT
Location: 18106 E. Bundschu Road, Independence, MO 64056

REAL ESTATE SELLS AT 10:00AM

FUN TOWN FACTORY

Designed for high quality family fun, birthday parties and great pizza, this 16,000 sq. ft. state-of-the-art arcade, game and pizza facility was newly opened in 2011.  Located just east of 291 and 24 Hwy next to a grocery anchored shopping center, this newly renovated, free span building with fire suppression and dock high situated on a 1.4 acre site with ample parking offers a wide variety of uses for that investment or owner/user buyer.  The furniture, fixtures and equipment consisting of a large number of sought after arcade games, inflatables, pizza and restaurant equipment, etc. will be auctioned off the same day individually and separate from the real estate.   Come and bid your price!

COMMERCIAL REAL ESTATE
FAST FACTS

Building Use:  Retail

Year Renovated:  October 2010

Approx. Renovation Cost:  $500,000  

Total Building Area:  16,000 sq. ft.

Total Land Area:  60,988 sq. ft. / 1.4 acres

Stories:  One

Year Built:  1970

Zoning:  C-2

Parking:  58 Spaces

Parking Surface:  Asphalt

Exterior:  Masonry/Block

Roof:  Membrane, approx. 2004

Ceiling Height:  13’ to 16’

Lighting:  T-5 Energy Efficient Fluorescent, 2010

HVAC:  4 – Lennox 7.5 ton units, 2010

Electrical:  3 phase, 300 amp

Fire Suppression:  Wet sprinkler, 2010

Exterior Lighting:  Building mounted

Signage:  Building mounted

Occupancy:  987

AUCTIONEER’S NOTE:

Due to pressing family matters, the owner is forced to move out of state and liquidate his successful business and real estate at public auction.  Don’t miss this opportunity to buy at Auction Prices!   A Cates representative will be on-site for your previews on Thursdays, August 9th & 16th from 11:00 a.m. to 1:00 p.m., followed by the auction to be held onsite Saturday, August 25th, 2012 at 10:00 a.m.  If you have any questions or need additional information, please give us a call and we will be happy to help you.  We look forward to seeing you at the auction. 

Sincerely,

Jeff Cates

President & Chief Auctioneer

INVENTORY SELLS AT 10:30AM

INVENTORY

INFLATABLES

“Home Run Derby” inflatable batting cage; “Lite Prince Combo” by Magic Jump Inflatable’s; “13 Double Slide” inflatable slide; Kid Wise Playtime Castle bouncer; “Obstacle Course 360” (slide w/obstacle course); “Bounce ‘N Playhouse” by Kever (bouncing enclosure w/slide); multi color smaller bouncer with slide, etc.

 

ARCADE & AMUSEMENT

Climbing rock wall “castle” w/80 rocks – must remove wall; Konami “Solar Assault” real shooting 3D game; Namco “Alpine Racer”; Sega “Super GT” 3 car racing; Namco “Aqua Jet”; Sega Saturn “Touring Car Championship”; Nets “NBA Hoops”(2); J.R.D. Enterprises Inc. “Double Jam”; “Pumbaa’s Bug Hunt”(2); Smart Industries crane/claw; Konami “Dark Silhouette Silent Scope 2”; Atari Games “Maximum Force”; Andamiro “Pump It Up Exceed – The International 5th Dance Floor”; “The Flintstones” rideable amusement machine; Midway “Hydro Thunder”(2); Namco “Star Blade”; Sega “Out Runner” (two seats, two screens); Atari Games “Road Burners”; Sega “Thunder Blade”; Micropose Games “F-15 Strike Eagle”; Namco “Lucky & Wild”-two player; Namco “Tekken 4”-two player; G-Look “Catch Cat”; Ice “Cyclone”; Midway Games “Blitz 99” NFL; Time Warner Interactive “Hoop It Up, World Tour”; iTeller Intercard “Self Serve Cashier”; Incredible Technologies “2005 Golden Tee”; Sega “The House of the Dead 2”; Smart (company) gift claw; Midway “Terminator 2 Judgment Day”; Harvard Air Hockey Game; Jumbo Skill Crane by Greyhound-coin op; foosball table kit (in-box), etc.

 

ENTERTAINMENT LIGHTS

American DJ Barrel Flex party lights; Chauvet LED rain 64 light; American DJ Vertigo Tri LED party light, etc.

 

PIZZA & RESTAURANT EQUIPMENT

Newer SS Fagor 56” Solid Door Reach-in Freezer: 2-doors, enhanced digital control system & display, built-in Energy Savings feature, 49 cu ft storage space, interior & exterior corrosion-resistant stainless steel (QF-2 115V 60HZ PREMIUM); newer Arctic Air commercial chest freezer (CF 1510); TRUE  (brand): refrigerated 2-door 5 ft SS prep table (TSSU-60-16), refrigerated 2-door 5 ft SS Prep Table, single door freezer; Professional Series 100 Cup Coffee Urn (PS77961); Keurig; Doughpro dough press; Delfield refrigerated 2-drawer 3 ft SS prep table; BK Resources SS 5 ft, 3-station wash basin (removal required); newer Metro C5 1 Series proofer/holder (C5CM008894); newer American Eagle Food Machinery Inc. 10” electric slicer (AE-MS10); Vulcan 3-door electric pizza oven, (2 are V0004) (1 is V0008); 10” & 12” aluminum pizza pans (50+); RED & BLUE VINYL BOOTHS: Several single & double sided (2-4 person), corner (seats 8, 2 qty & seats 10, 1 qty); corner booth tables: (home base shape, 2); free-standing tables: 3×4 ft laminate top (5); wall mounted & free-standing tables: 3×4 ft w/red plastic protective tops (20+); wooden high chairs & boosters (6 each);  plastic/vinyl folding tables (15+); commercial grade wooden patio tables (4×8 ft & 5×5 ft, 1 each); 50+ stacking & folding chairs;  5-pc folding card table & chairs set (2); wooden & aluminum pizza spatulas (4); misc. SS & aluminum pots/pans; plastic cutting boards, containers & plastic serving trays (80+); Tork Xpressnap napkin holders; Hobart Commercial Mixer C-100;  prep table w/7 ft butcher block top; warming stations: granite top, ceramic tile front, APW watt warmers, aluminum/steel frame (8 ft & 4 ft); storage tables:  Excellence Cube Freezer (CTF-3MAG); Excellence EDC-8 Ice Cream Freezer Dipping Cabinet, 8 flavors;  white “Thank You” trash receptacles (4);  Surplus SS 3-station wash basin-some damage; lots cups, napkins, utensils, etc.

 

OFFICE FURNITURE & SUPPLIES

Dining chairs: maple finish wood/upholstered (5 qty); modular office desk w/walnut finish; blue vinyl adjustable arm chair; cherry finish credenza; 19 door storage locker, green; Amano electronic time clock PIX-55; Squeegee, mop bucket head, misc buckets; credenza; brown leather/microfiber loveseat w/pillows; contemporary granite top  & metal framed coffee table; mirrored multi-drawer linen/lingerie chest; leather adjustable office chair; Sign Max cutting plotter; 16 channel DVR surveillance recorder; Noble View 17” security monitor; Sony DVD player model DVP-SR200P; Century digital combination safe; Lasko ceramic element heater w/remote; heavy concrete/wooden table tops; metal file cabinets; Clarke-Alto commercial floor cleaner; misc. office supplies including Dymo LetraTag labeler, etc.; metal swivel stools (2 qty), etc.

 

STORE FIXTURES

Display cabinets: lighted glass front/top (4’ wide x 3’ tall x 2’ deep, 6 qty), (5.5’ wide x 4’ tall x 2’ deep, 5 qty); 2-door 4×4 ft cabinet w/2-drawers; wire storage panels: 2.5×4 ft sections (19 qty, removal required); misc. steel shelving parts; pallet racking (4 and 5 sections); 11 ft step ladder on wheels; National Cart Co. 18 door lockers (3 qty); misc. fluorescent light fixtures (7 qty); pair of manikin legs; misc. plate, tempered and plexiglass (various sizes); misc. red fabric wallpaper rolls; Rubbermaid wheelbarrow w/20+ boxes of antibacterial refill soap; Stack self adhesive vinyl border; Stonco Floodpak 250/400 watt, metal halide, high pressure sodium light fixture (new in box); misc. metal peg board item holders; Elmer’s all-purpose glue (1.5 gallon); misc. electric parts; California Cooler bar light; jewelry store display drawers and shelves; foaming antibacterial soap refills (10 qty cases); TORK bathroom jumbo roll dispenser; TORK Auto Foam dispensers (14 qty); TORK Hand Towel-Matic roll dispensers (3 qty); lighted display; box fan; Harmony display fixtures; Wal-Mart belt/wallet display unit; commercial beverage pump; aluminum 5” gutter corners; green artificial carpet; indoor/outdoor carpet; misc. tile, joint tape, compound, etc.; counter tops; hose; fire extinguisher; self-adhesive tile; Weed Barrier (2 rolls); gas can; shop broom; 10w30 (3 quarts); misc. rock wall climbing parts; toner cartridges; vdc air pumps; empty helium tanks (6 qty); wire shelf kit; patio umbrella; Classy Wrap machine; helium tank, etc.

 

TOYS & PRIZES

Balloons, grey/aqua blue (8+ cases); misc. water guns, bubbles, bean bag toss, cases of queens crowns etc.; boxes of Tybek envelopes, SPF lotion, mouse pads, etc.; Big Buck Hunter Pro & Shamrock necklaces, napkins, stickers, misc. games, chalk, etc.; World Adventure free premiums (4 qty cases); noise makers (4 qty cases); kids pop-up mesh tunnels (2 qty), and more!

 

CONSTRUCTION SUPPLY

8 ft fiberglass step ladder; halogen flood lights, household light fixtures; Kobalt Air Hopper gun; sweeping compound; Watts roof drain cast iron domes; air conditioning A coil; pallet racking; shovels, mops; steel plate; dollies; buckets of paint; Pro Source industrial broom heads; toilet paper, etc.

REAL ESTATE AUCTION TERMS AND CONDITIONS

REGISTRATION: Registration will begin one hour before the auction. All bidders must provide name, address, phone number, social security number, and a valid driver’s license. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

DOWN PAYMENT: The successful bidder(s) shall be required to make a 10% non-refundable down payment of the total purchase price at the auction site immediately following the close of bidding.  A $10,000.00 cashier’s check shall be required to bid and presented at registration unless you have made other arrangements with the Auction Company. The cashier’s check should be made payable to yourself and then shall be endorsed over to the escrow agent if you are a successful bidder. A personal or business check to bring the balance up to 10% will be accepted.

FINANCING: Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

CONTRACT SIGNING: The successful bidder(s) shall execute a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise. 

CLOSING: Buyer(s) shall close within 30 days of the auction date. Possession will be delivered at closing.

EVIDENCE OF TITLE: Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a warranty deed conveying the real estate to the buyer(s).

REAL ESTATE TAXES, ASSESSMENTS, & EASEMENTS: 2012 taxes are to be prorated as of the closing date. Sale of said property is subject to any and all easements of record.

AGENCY: Cates Auction & Realty Co., Inc. and its representatives are Agents of the Seller.

BUYER’S PREMIUM: A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

BROKER PARTICIPATION: A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

PERSONAL PROPERTY AUCTION

TERMS AND CONDITIONS

 

All items are sold as is, where is.  All property is open for public inspection and it is the sole responsibility of the bidder to determine condition prior to bidding.

Purchaser assumes all responsibility for items at the time of purchase.  When the auctioneer sells the item to you, title passes and you have entered into contract to buy said property at your bid.  Cates Auction & Realty Co., Inc. and the Seller assume no responsibility for items after this point. 

Payment may be made be cash, approved check with proper identification, MasterCard or Visa.  Items must be paid for day of sale and said items cannot be removed from premises without payment in full.  Returned checks or funds that are not honored for any reason will be turned over to the appropriate government authorities for prosecution and collection and a report shall be made to the proper credit bureau.

The purchaser also agrees to pay all reasonable attorney fees and costs incurred by the auctioneer in the collection of funds.  The purchaser further agrees to pay for any other costs or losses incurred buy their failure to adhere to these conditions of sale.  In the case of a possible “tie bid”, (when the auctioneer and or ringmen have the same bid in two different places) we apologize.  The bid may be opened back up between the two tie bidders only at the auctioneers discretion.

The auctioneer has the sole discretion to advance the bidding and my reject a nominal advance, should it, in his estimation prove injurious to the sale.  It is not the intention of the auctioneer to overlook or miss any bid, but he will not be held responsible for said action.  When the auctioneer says “sold”, no further advances will be considered. 

You must have a bidding number to participate in the auction.  When you make a purchase, please show your bid card to the clerk for accurate record keeping.

A bid by any person shall be conclusive proof that the person agrees to the terms and conditions of the sale and has agreed to be bound by them. 

All announcements sale day take precedence over all prior printed material.

We hope that you enjoy this auction and the services we provide.                   

 

 

Video: BUSINESS ORDERED LIQUIDATION AUCTION – Fun Town Factory

I-70 to MO-291, north to 24 Hwy, east to Susquehanna Ridge, south to E. Bundschu, east 3 blocks to address.

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