PRECO, INC. – Complete Business Liquidation
Omaha, Nebraska | Online Only Auction | No Reserves
Don’t miss this complete business liquidation for Preco, Inc., a long-standing manufacturing company in Omaha, NE. Everything sells absolute with no reserves in this online-only auction.
Featuring a wide selection of CNC machines, manufacturing equipment, shop equipment, tools, parts, and machinery — all selling to the highest bidder!
Bidding closes Monday, November 17th at 1:00 PM.
PREVIEW: Thursday, November 17, 2025 1:00 - 5:00 PM ONLY
Bidder's Premium: 15%
Participation Requirements: Valid Credit Card required for bidding approval. Authorize.net will ping your card for $25.00. This ping will come off within 72 hours.
Payment Options: Wire, Cash, Visa, Mastercard, Discover, American Express, Cashiers Check or Business Checks (No Personal Checks)
Sales Tax: 7.00% - Sales tax applied to invoice total, including Internet Premium
Credit Card Convenience Fee: 3.55%
Invoices: If you have not received an email with an attached invoice by Monday, November 17, 2025 by 5:00 PM please contact our office at 402-727-8800. Invoices are emailed from nitzauctions@gmail.com
Removal Address: PRECO, Inc is located at 607 N 108th Circle, Omaha, NE 68154. If you are using Google Maps type in 607 North 108th Court, Omaha, NE. It is on the backside of Central Distributing (east side of their building). Call if you would like an exact pin sent to you.
ALL assets must be paid for by 4:30 PM on Wednesday, November 19, 2025 at 4:30 PM.
ALL PICKUP WILL BE SCHEDULED. All Winning Bidders will receive a text from Jack Nitz & Associates via Shipping Saint to choose a Pickup Time. It is VERY Important that you arrive within your scheduled pickup time. If you do not, you will be asked to reschedule.
Removal Dates & Terms
Tuesday, November 18, 2025 | 9:00 AM – 4:30 PM
Wednesday, November 19, 2025 | 9:00 AM – 4:30 PM
NO EXCEPTIONS TO THESE DATES OR TIMES.
All purchases must be removed during these scheduled days unless otherwise noted below.
If your assets require a crane or rigging company, additional time will be allowed until Wednesday, November 26, 2025 for removal. Please note the following important details:
- There will be NO access to the building on Thursday, November 20th or Friday, November 21st due to another scheduled auction.
- There will also be NO Saturday or Sunday loadout (November 22nd or 23rd).
- After November 23rd, you may schedule an appointment for removal Monday, November 24th through Wednesday, November 26th for items requiring crane or rigging services only.
- The extended timeframe applies only to assets that physically require a crane or rigging company for removal.
All assets must be picked up within the specified dates for the auction, items not picked up will be forfeited by the buyer but the buyer is still required to pay for the assets.
All items are local pickup only or self-arranged shipping. Jack Nitz & Associates will not arrange any shipping.
Please make arrangements prior to the close of the auction so you are available to pick up during these hours. Thank you! Buyer responsible for all loading - please bring proper tools & extra manpower. A forklift will be available, the loading assistance provided is only what the loader can safely lift & is offered as a courtesy. Please be patient & kind while loading. BUYER is responsible for lining up loading assistance for assets over forklift lifting capacity.
AUCTION TERMS:
1. Any & all announcements made from the Auction Block take precedence over all printed material & advertising. The information provided in this catalog is deemed correct, but is in no way guaranteed. We will in no way be held responsible if the information provided to us was incorrect to begin with. While descriptions are believed to be correct, the Auctioneers or owners make no warranties or guarantees as to the genuineness, authenticity of or defect of any items & will not be held responsible for advertising discrepancies or inaccuracies. It is our sincerest intention to provide the potential buyer all the information that pertains to the various items.
2. ALL SALES ARE FINAL. All Property is offered in 'AS IS, WHERE IS' condition, unless otherwise specified by the Auctioneer. No Warranties, either expressed or implied, will be offered.
3. Once the Auctioneer says 'SOLD', the equipment becomes the Sole Responsibility of the Purchaser.
4. The Auction Company reserves the right to reject the Bid of any purchaser or revoke any/all bidding numbers from any purchase, who in the past has presented a problem for collection to either the Auction Company or Seller.
5. Any/all Purchasers will be expected to rely upon his/her personal inspection or investigation of the property being offered at the Auction, or that of an approved party to Buyer, and not upon any representation of warranty or condition by the Seller or the Auction Company. Seller or Auction Company will, in NO WAY, be held responsible for any discrepancies, damage or loss of any property of Buyer once the Auctioneer says SOLD.
6. Any/all prospective Purchasers will be required to register for a bidder's number and present proper identification when registering.
7. All purchases MUST be settled for, IN FULL, by Wednesday, November 19 by 4:30 PM.
8. ABSOLUTELY NO Equipment will be removed from the Auction Site until Settled for. Any/all Equipment left at the Auction Site after the Auction will be the SOLE Responsibility of the Purchaser.
9. All Arrangements for Removal of the Equipment MUST be made through the Auction Company or Seller.
10. Any/all announcements made from the Block on Auction Day will take absolute precedence over any matter of print or any matter of previously printed advertising.
11. Neither the Sellers or the Auction Company will assume any liability or responsibility for transfer costs or damages to the equipment resulting in a loss to the Purchaser, either due to negligence or natural accidental occurrence circumstances. Furthermore, Purchaser will hold harmless both the Sellers and the Auction Company, and their heirs and assigns, from any litigation and/or loss due to any lawsuit brought by Purchaser for any loss that he/she may endure.
12. By making a bid, regardless of how such bid is made, Bidder acknowledges that Bidder has received, read, understands, and agrees to comply with and be bound by the Terms.
13. Jack Nitz & Associates shall not be liable or responsible for any interruptions, termination or corruption of any audio feed, video feed or of any other internet registration, bidding or other online related service that occurs before, during or in connection with the auction sale, regardless of the cause of fault attributable to the interruption, termination or corruption of such services.
14. A Credit Card is required for bidding approval and will be used as a verification tool. Credit cards may be accepted as a form of payment on a LIMITED basis - 3.55% administration fee applies.
