Twitter auctioning off commercial kitchen equipment with starting bids at $25

Published on

Twitter to auction off commercial kitchen equipment with starting bids at $25
Photo credit: Global Heritage Partners

NATIONWIDE – Twitter is auctioning off commercial kitchen equipment, office furniture and over 1,000 other items with starting bids as low as $25. The online auction begins at 7 a.m. on Jan. 17 and ends 10 a.m. the next day.

The company is selling items from their corporate headquarters in San Francisco on Global Heritage Partners auction website.

There are over 75 kitchen equipment products up for bid.

The auction includes three La Marzocco Espresso Machines that retail for around $10,000, an Alto-Shaam Combitherm Electric Oven which retails for $21,000 and Traulsen Stainless Steel Freezer that retails for $23,000 all with $25 starting bids.

The company is also selling computer monitors, electronic whiteboards, ergonomic chairs and tables.

Registration is required to place a bid. The site charges an 18% premium and payment is due 48 hours after the close of sale. Although buyers are responsible for their own shipping, Heritage Global Partners will provide third party vendors that can assist with shipping.

RELATED:40 grants to jumpstart your business

Twitter did not provide details as to why the items are being auctioned, however, with new Twitter CEO Elon Musk’s recent $44 billion acquisition of the company, some speculate the sale is to pay off his purchase of the platform.

An Heritage Global Partners spokesperson told Fortune that the auction has “nothing to do” with that.

“They’ve sold for $44 billion, and we’re selling a couple of chairs and desks and computers. So if anyone genuinely thinks that the revenue from selling a couple computers and chairs will pay for the mountain there, then they’re a moron,” the spokesperson told Fortune.

For more information about Global Heritage Partners Twitter auction visit https://bid.hgpauction.com/auctions/8421/herita10194?page=6&pageSize=60

spot_img

Latest articles

CA gas prices decrease – national prices go up

CALIFORNIA – AAA reported, July 25, that the average California unleaded gas price decreased...

Optum laying off 524 employees in San Bernardino, Los Angeles, Riverside and Orange counties

CALIFORNIA – Optum, a health care services subsidiary of UnitedHealth Group, reported to the...

Newsom issues executive order to remove homeless encampments

CALIFORNIA – Governor Gavin Newsom issued an executive order, July 25, for state agencies...

Food made more affordable for Californians with $10 million in funding for CalFresh Pilot Project

CALIFORNIA – Assembymember Alex Lee, announced July 23, that he had secured  $10 million...
Powered by Foreclosure.com

More like this

Optum laying off 524 employees in San Bernardino, Los Angeles, Riverside and Orange counties

CALIFORNIA – Optum, a health care services subsidiary of UnitedHealth Group, reported to the...

List of 54 Big Lots stores permanently closing in California with 20% off sale

CALIFORNIA – A month after Big Lots released its Quarter 1 results reporting a...

Target no longer accepting personal checks for payment

CALIFORNIA – Target is no longer accepting personal checks for in-store payments. The no...