Auction Information
Auctioneer Wolfe Auction & Realty, LLC 573-592-1939
Auction Date Jul 31 Auction
Location
112 S Washington St
Mexico, MO
Time TBA
Auctioneer's Other ListingsE-mail AuctioneerAuctioneer's Web Site
View Full Photo Gallery
  • Lot# 1 - Stop!

    Lot# 1 - Stop!

  • Lot# 2 - Preview Day!

    Lot# 2 - Preview Day!

  • Lot# 3 - Driving Directions

    Lot# 3 - Driving Directions

  • Lot# 4 - Why should you attend the aucti

    Lot# 4 - Why should you attend the aucti

Auction Listing
AuctionZip Auctioneer ID# 8651
Hugo's Italian Ristorante will be auctioned as a whole. Turn-key operation including: profitable profit & loss statements, all kitchen equipment, all serving equipment, all dining supplies, all tables/chairs, bar equipment, signage, all recipes, point of sale system and much more! Sells to the highest bidder. COMPLETE TURN KEY OPERATION with profitable P&L for the Buyer to Review. Directions: From Kingdom City Take Hwy 54 to the First Mexico Exit. Turn Left and Continue on S Clark St, Turn right onto W Jackson St, Turn right onto S Washington St, Your destination is on the left. Watch for signs!

ONLINE BIDDING AVAILABLE - Click here for the auction catalog with images

CATALOG TEXT BELOW:
1 - Stop! Stop! Before you bid, please read the terms and conditions of the auction. You will be required to agree to terms and conditions upon registering for this auction. If you would like a PDF version of the terms & conditions sent to you via e-mail, please email wolfe.office@gmail.com with your request.

2 - Preview Day! Look before you bid, always attend preview to better guide you in the bidding. Wolfe Auction & Realty, LLC nor its staff or affiliates guarantees condition on any of the items on this sale. We advise all bidders to attend preview days in order for you to make the best judgement & to use your own discretion while bidding.

3 - Driving Directions Directions. From Kingdom City Take Hwy 54 to the First Mexico Exit. Turn Left and Continue on S Clark St, Turn right onto W Jackson St, Turn right onto S Washington St, Your destination is on the left. Location of preview and pickup: 112 S Washington St, Mexico, Mo, 65265

4 - Why should you attend the auction preview? You should attend because all items are sold as is, where is, with no expressed or implied warranty. It is the responsibility of the buyer to decide the condition of the item and bid accordingly. The auction company or any of its staff will not be guaranteeing condition, genuineness or originality of any item. Look before you bid!

6 - Extended Bidding Feature This auction offers soft close, extended bidding, on all items. If a bid has been placed on the lot within the last 3 minutes of the close it will extend for another 2 minutes allowing another bidder to bid again. The auction will not stop extending time until all bidders are done with the bids.

7 - Maximum Bidding This auction features maximum bidding. No one but you can see what your maximum bid is. When you place your max, the current bid price does not automatically go to your max bid. Someone else has to bid to increase the current price and the software will automatically bid up to your max in the increments specified. If someone has already entered a maximum bid on the item you are bidding on, the system will automatically bid for you until you are the current high bidder or until you reach your maximum bid. If you have reached your maximum bid and are still not the current high bidder, the system will give you the opportunity to enter another maximum bid. You may request out bid notices when registering for your online bidding account. You can choose to have them sent to your email. If you are not able to be around a computer/mobile device during the closing of the auction or receive and/or read your outbid notices, we recommend you enter your maximum bid when bidding. Your maximum bid would be considered the maximum amount you are willing to pay for your item. Please remember, you can always raise your max bid, but you cannot lower it.

8 - Buyers Premium & Payment A 10% buyer’s premium will be added to each purchase. For Example: If you bid $100.00, at checkout you will be required to pay $110.00. All accounts must be settled at the conclusion of the auction pick-up. We accept Visa, MasterCard, Discover, cash, cashier’s check, or wired money. We do not accept any out of state checks or out of state cashiers checks, wire transfer or credit card payment is the only form of payment accepted by out of state bidders. Payment must be made at pick-up prior to loading items. Your credit card will be charged for your purchase(s), plus buyers premium(s) if payment has not been received by the end of the pick-up date. Each transaction necessary to collect insufficient funds will have a $30 fee imposed.

9 - Bidding Increments $1.00 Bid Increment throughout the Sale

10 - More pictures & lot information If you click on the lot it will bring you to a screen with a complete lot description as well as pictures. Please look at all the pictures of a lot before bidding. We encourage all bidders to attend preview days to look at the items in person to thoroughly inspect the lots that they are bidding on.

11 - Payment & Day of Possession The payment is due on the possession day for this auction. Please make sure you are able to make payment on this auction before bidding. Please make sure to bring any boxes, dolly, tools, packing material and help needed to remove your items, if you're not intending to run the restaurant in it's current location. We do not have staff available to help you load your items.

12 - Contact Us If you have any questions please email us at wolfe.office@gmail.com or call 573-592-1939. Additional information can be obtained for out of state buyers on lots if a buyer cannot make preview; however, please keep in mind the auction company or auction staff will not be giving any expressed or implied warranty but simply acting as a courtesy to the bidder.

13 - Turn-Key Operation Hugo's Italian Ristorante will be auctioned as a whole. Turnkey operation including: profitable profit & loss statements can be viewed by the buyer, all kitchen equipment, all serving equipment, all dining supplies, all tables/chairs, bar equipment, signage, all recipes (if the buyer purchases to run the business), point of sale system and much more! Sells to the highest bidder. Equipment 1 - Baxter Freezer Scientific Product Cryo Fridge by Revco (32in X 70in) 1 -Ture Refrigerator- Pizza Prep Table (5’ X 46in) 1 - Vulcan Stove (34in X 58in) 6 Burner w/ Oven, Gas 1 - Ansul Fire System (2x3) (Installed by Korsmeyer Fire Protection) *UPDATE: Landlord has elected to retain the Fire System and WILL stay with property and no longer sell with contents of auction. Larkin Hood, the outside will stay with the building and the inside part will go with new owners 1 - Royal Refrigerator (24 ½in X 56in) 1 - Magic Chef Stove (70in X 60in) Salamander & Griddle w/ Oven, Gas 1 -T-Fal Fryer: Res 220V 1 - Baxter Fridge 4 - Avantco Food Warmers, Commercial Stainless Steel 20 gauge, 6 ½ Deep, 22 ½ l X 14 ½ w X 8 ½ h. 120V, 1200 W 1 - Magic Chef Wine Cooler (18in X 18in) 1 - Auanti Bottle Cooler (46in X 23in) 1 - Delfield Cooler: Buffet Cooler 1 - Kenmore Freezer (30in X 62in) 1 - Magic Chef Bottle Cooler Digital (18in X 27in) 1 - Kenmore Mini Fridge 1 - Catering Cooler on Stand w/ Wheels & Bottle Opener 4 - Star Receipt Printer 1 - Card Reader 1 - Phone 1 - Sherwood Radio Surround Sound System (Stays w/ Building) 1- Epson Printer 1 - Posy Cash Box (connected to pos system by Bluetooth) 1 - Kenmore Elite Microwave 1 - Upale LB. Scale 1 - Miracle Mill Chopper 1 - Rubbermaid Scale 2 - I-pad Airs Dining 84 - Chairs (34in X 15in) 3 - Wooden Highchairs 2 - Black Plastic Booster Seats 2 - Wooden Tables 17 - 4 Top Tables 71 - Small Plates (6in) 7 - Decorative Plates (12in) 10 - White Plates (6in) 6 - Booths 1 - Round Table (Radius 29 ½) 1 - Small Square Table (30” x 28”) 3 - 6 Top Tables 200 - Forks 200 - Spoons 200 - Knives 4 - Metal Chairs with Cushions 2 - Red Ottomans 4 -Gray Lounge Chairs 1 - Table Lamp 200 - Napkins 10 - Small White Plates (4in) 1 - Tall Rectangle Table 3 - Bar Chairs 13 - Small White Coffee Cups 220 - Assortment of Large Plates (12in) 23 - Soup Bowls 4 - Oval Bowls 20 - Assortment of Various Bowls 15 - Small Dipping Bowls Can keep the tea dispensers and the dishwasher if new owner uses the company they are leased through “Graves” Décor 36 - Pictures 4 - Mirrors 3 - Metal Wall Statues 1 - Large Hanging Sign w/ Fork and noodles (8ftX6ft) 7 - Decorative Vases 40 - Tea Light Candles 24 - Small Fish Bowls 2 - Decorative Oil and Vinegar Bottles 3 - Small Yellow Bowls 3 - Spot Lights 3 - Decorative Baskets 8 - Decorative Jars 2 - Decorative Shelves Supplies 1 - Mop 6 - Brooms 2 - Dust Pans 6 - Cleaning Brushes 1 - Scissors 2 - Fans (Air King Fan on Stand & Comfort Zone Fan) Office Supplies 4 - Trash Can 1 - File Cabinet Alcohol 1 - Large Oval Wooden Wine Rack (56in X 40in) 1 - Large Rectangle Wooden Wine Rack (48in X 68in) 3 - Shot Glasses 100 - Wine Glasses 50 - Cocktail Glasses 75 - Water Glasses 4 - Crico Glasses 2 - Segrams Coolers Kitchen 20 - Cooking Utensils 22 - Salt Shakers 21 - Pepper Shakers 1 - set Large Wooden Salt & Pepper Grinders 14 - Drink Pitchers 1 - Laundry Hamper 70 - Wicker Bread Baskets 4 - Wire Bread Baskets 4 - Silverware Plastic Caddies 7 - Fry Baskets 29 - Steak Knives 6 - Large Cooking Knives Cast Iron Skillets 1 - Wok 20-30 Commercial Skillets 1 - Movable Cart 16 - White Buckets 18 - Clear Containers 16 - Drying Racks 10 - Ladles 14 - Tongs 5 - Stock Pans 7 - Sauce Pans & Skillets 4 - Metal Salad Tubs 2 - Plastic Storage Tubs 5 - Plastic Salad Tubs 25 - Small Metal Containers (3in X 5in) 6 - Medium Metal Containers (5in X 6in) 5 - Long Metal Containers (6in X 12in) 2 - Hamilton Beach Blender 5 - Bus Tubs 17 - Storage Containers 1 - Metal 4 Shelf (8 X 6) 1 - Metal Storage 5 Shelf (7’ X 5’) 2 -5 Gal Buckets 26 - Baking Sheets 7 - Large Mixing Bowls 7 - Fry Baskets 6 - Cast Iron Skillets Catering 50 - Aluminum Serving Containers 32 - Aluminum Lids 39 - Large aluminum lids 1 - Mr. Coffee Pot 35 - Large Black serving Spoons 600 - Plastic Knives 600 - Plastic Forks 600 - Plastic Spoons 2,500 - Napkins 600 - Cup Lids 500 - Small Black Foam Plates 240 - Large Black Foam Plates 6 - Delivery Bags 28 - Long Food Containers *** All Items are Approx.**** If you have any questions please email us at wolfe.office@gmail.com or call 573-592-1939. Additional information can be obtained for out of state buyers on lots if a buyer cannot make preview; however, please keep in mind the auction company or auction staff will not be giving any expressed or implied warranty but simply acting as a courtesy to the bidder. The payment is due on the possession day for this auction. Please make sure you are able to make payment on this auction before bidding. Please make sure to bring any boxes, dolly, tools, packing material and help needed to remove your items, if you're not intending to run the restaurant in it's current location. We do not have staff available to help you load your items. Additional Information: *All Information contained here is believed to be accurate to the best of our knowledge. -Lease (John Wilbers) for property - $650.00 monthly -POS system (Shopkeep) - $99 monthly -Property has all necessary parts in order to continue with Icemasters (all that is needed is Icemaker machine from Vendor) - $77 monthly -Dishwasher (Grave Menu Makers) – Included as long as you continue with brand. -Select beverages and spirit advertising are provided directly through the respected vendors. -Prior owner averaged about $150 every two months with Coca-Cola. -Utilities averaged roughly - $550 monthly -Sewer - $75 monthly -Water - $80 monthly -If new owner continues with the Hugo’s recipes, then the average food cost from previous vendor averaged roughly $800-$1500 weekly. -Alcohol (Glazers & Major Brands) costs averaged $400 - $800 monthly -Property Leased by Hugo's is roughly 4500 sq. feet.




Auctioneer License Information: 60

    Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.
Join Our E-Mail List

Receive notifications of our upcoming auction listings.

E-Mail: 
First Name: 

Interested in Auction Types: