CONCORD — Auctioneer Paul Morrissette expects to notch at least $400,000 in sales auctioning kitchen cabinets, flooring and air conditioners on March 30.
“Pretty much anything to build a house,” said Beth Morrissette, his wife and co-owner of Regal Auction Services.
That includes at least 150 kitchen and other appliances, mainly from shuttered Sears stores in New Hampshire and Massachusetts.
“We get consignments from all around the country,” Paul Morrissette said.
Regal Auction Services will conduct its first auction March 30 in its new Concord location at 88 Village St.
Beth Morrissette said it was a struggle to relocate even after receiving a year’s notice that warehouse space they were renting in Franklin was being sold.
“We might have to close the doors because we don’t have a place to go,” she recalled thinking. “We couldn’t find anything.”
Shuttering the 30-year-old auction house “was real close,” three or four months away, she said.
But they landed space where Beede Electrical Instruments Co. had called home for nearly a century before closing earlier this decade.
The March 30 auction, which starts at 11 a.m., will run most of the afternoon in the new location, which features 20,000 square feet. The Franklin space, about 22,000 square feet, was split between two buildings across the street from one another on Central Street. The building the couple owned is under a purchase-and-sales agreement.
Russell Abbott, principal of Atlantic Auction Co. in Chichester and president of the New Hampshire Auctioneers Association, said Mr. Morrissette wasn’t a member of the organization.
“We do, however, wish him well,” Abbott said in an email.
Regal’s shift to Concord began in December.
“It was very difficult to move,” she said. “We had stock in the warehouse. Besides moving the office, I had 30 years of archives.”
She hopes the move to a bigger population base will prove better for business.
“Now, that we’re in Concord, we’ll get (more) people from Manchester,” she said, noting the ride for customers shrinks by nearly half. “We’re looking forward to getting new customers to come to the auction.”
About 20 years ago, the auction company got away from antiques and collectible auctions.
“A lot of people were in their 50s to 70s, and their children weren’t interested in antiques and collectibles,” Beth Morrissette said. “They’re buying all the throw-out furniture.”
So the couple got into auctioning building materials.
“We do only six a year, and when we do auctions, they’re massive,” she said.
Contractors and handy homeowners interested in renovating can save money off retail prices.
“You’re coming here and in one bid, buy a whole kitchen,” he said.
Well, a kitchen’s worth of cabinets.
Flooring, counter tops and appliances will require additional bids. And don’t forget about the 15 percent buyer’s premium added to the auction price.