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2001/04/12

Trailer Hitch Firm To Sell At Absolute Auction "Stand at the corner of Summer Avenue and Vandalia and you'll be facing the 5 acre (+/-) site of Sweet's Trailer Hitch Company' which will be offered at absolute auction on Thursday, April 26th, at 10 a.m.," said auctioneer John Roebuck. "This establishment started its operations over fifty years ago and has practically all of the trailer hitch business in the Memphis metropolitan area. The owner, Raymond Sweet has commissioned us to offer this going business to the highest bidder with no reserve," according to Roebuck. (No reserve means whoever the highest bidder is gets the place). "Whoever buys it as a going business could open its doors tomorrow and be in operation. We're getting scores of calls every day from folks who need trailer hitches." Roebuck added, "The inventory, the iron-working equipment, the ad in the yellow pages, the phone as it is, and the real estate (which incudes 80 to 100 thousand square feet of buildings) will all be sold at this auction. Mr. Sweet chose the auction method of marketing his firm as the best and fastest way to handle it. He is in his sixties and ready to retire and move to Florida. This is a multi-million dollar business and is centrally located at 3117 Summer Avenue in Memphis. The property itself is available for inspection by appointment anytime. Staff will be on site Wednesday, April 25th from 10 a.m. to 4 p.m. and on the sale date starting at 8 a.m. until sale time at 10 a.m. Roebuck noted: "This location has many possible uses: auto repair shops, used car lots, offices, retail storefront or showroom, restaurant or sports bar, just to name a few." In an effort to make the bidding process as accessible as possible, Roebuck & Associates accepts bids at the auction, by phone or mail, or thru the internet. The bidder can arrange for phone or mail bids by calling 1-888-763-2825 for a bidders package. Or you can bid from anywhere in the world via the internet by pointing your browser to www.johnroebuck.com.

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