Sealed Bid Sale of a Major Truck Parts Distributor
Map to Locations / Directions
Major Asset List
Featuring Transmission & Differential Parts for Fuller, Meritor (Rockwell), Spicer (Dana), Eaton (Dana), GMC & Navistar (IHC)
Synchronizer Assemblies, Main Shaft & Countershaft Assemblies, Selector Valves, Repair Kits, Gasket Kits, Bearing & Seal Kits, Helix Gear Kits, Splitter Gear Kits, Sliding Clutch Assemblies, Input Shaft Assemblies, Rear Housings, Shift Yokes, Drive Gears & More
Goodwill Including Customer Lists, Parts Books, All Available Manuals & Paperwork
This is a sealed bid asset sale only. All bids must be submitted on a Sealed Bid Form available Here.
The submission period of sealed bids offers for this sale will close on Wednesday, March 20, 2019 at 5:00 pm.
The seller reserves the right to accept the highest and/or best offer, or reject any and all bids, based on their sole discretion, at any point in the sale process. Seller reserves the right at any time to extend the sale.
Upon acknowledgment of being chosen as the winning bidder, the winning bidder shall be the purchaser and shall pay Heath Industrial in full via wire transfer of funds within 5 business days thereafter.
Winning bidder shall have 30 days for proper removal of the inventory. To schedule a time to inspect the inventory, or for more information, please email us at email@example.com or call 847-380-1755.
A 15% Buyers Premium will be added to the Sealed Bid Amount.
Payments & Fees
Payment Due Date: Invoices must be paid in full within 48 hours of the closing date and before removal of any of the assets of the sale unless otherwise specified. No assets will be released until invoices are paid.
Accepted Payment Forms: All deposits and balances due shall be payable to the order of Heath Industrial. All payments must be made by Cash, Cashier’s Check, Wire Transfer, Company Check with Bank Letter of Guarantee(see below), American Express, Visa, or Mastercard All sales are in U.S. Dollars. Business/company checks will not be accepted without a letter of verification from your bank similar to the example illustrated below: (Bank Name) unconditionally guarantees payment to Heath Industrial from (Company Name) up to the amount of __________. This guarantee will be valid for purchases made at the auction of (Auction Name) on (Auction Date).
Buyer’s Premium: Heath Industrial imposes a buyer’s premium on any goods sold to help defray auction expenses. The buyer’s premium is a reflected as a percentage that is added to the final purchase price of any item. Rates vary depending on the auction, but are generally between 15% and 18%.
Final Sale Notice: All assets are being sold “AS IS, WHERE IS” and buyers acknowledges they have inspected all assets prior to bidding. While all care was taken in gathering information on the equipment that is for sale, Heath Industrial or its partners will not be held responsible for the correctness of the descriptions.