CASE STUDIES: SPECIALIZED EQUIPMENT SOLD

A national e-commerce company decided to shut down their main East Coast warehouse call center and relocate operations to their West Coast site. They had a disparate assortment of assets, including technology, specialized equipment and office furniture, all of which needed to be inventoried, appraised and brokered. The entire process had to be completed within one month, so that they could vacate the premises without violating the lease. We inventoried their assets within two days, and evaluated for them which items were best to keep, and which they should sell.

Specialized Equipment

Most of the equipment in the lot was easy for us to broker, thanks to our extensive network of equipment buyers. The real challenge was the client's custom-made mailing and embossing equipment. These were items that could not be sold through the standard channels. We had to seek out specialized buyers within the industry and, within a short time frame, handle the logistics and legal issues of closing the sale.

We researched the products and targeted potential buyers. Once potential buyers were identified, we marketed the items to them, set time frames and guidelines for the sale itself, executed the sale and collected certified funds. We were able to recoup 25% of the original value of the specialized equipment, raising $100,000 recaptured funds.

Other Inventory

For inventory that was unsellable, we found charities that accept technology equipment donations. We managed all logistics surrounding the donation, from pick up to delivery. And within one month, the original site was empty and broom-clean.