Asset Liquidation Services

Hankinson & Company LLC can offer several other services related to the sale of your business.  In the event that your business would become unable to sell, we can help you recover your monies by liquidating the assets of your business.  The following information provides you with how we can offer our services to help you do this.

BUSINESS SERVICES

Hankinson & Company LLC offers several business services ranging from appraisals to total liquidations.

SERVICES

§      Appraisals

§      Liquidations

§      Clean-Outs

§      Repairs

§      Maintenance

§      Storage

No business is too small or too large! Fast cash purchases available!


HYBRID AUCTION

What is a Hybrid Auction?

A hybrid auction is an auction method that permits buyers/brokers to submit online bids for an offered property prior to the scheduled live public auction. In the event that a suitable online bid has been made, the seller has the option of accepting the bid and ending the auction prior to the scheduled live auction date. If a suitable online bid for the property is not submitted, online bids will be applied during the scheduled live public auction which will be open to all buyers/brokers in order to generate a fast, fair market price. In the unlikely event that a suitable bid is still not received during the live public auction online bidding will continue to be accepted for a predetermined period of time. The addition of online bidding adds another degree of buyer competition that can achieve an even faster sale at a price that is fair and acceptable to both the buyer and seller.

Benefits to the Seller:  

    • Ensures that the property will be sold at the true market value and at no risk to the seller.

§         Takes advantage of an aggressive marketing campaign that showcases your property and generates buyer interest.

§         Requires potential buyers to pre-qualify for financing resulting in buyers that come to the auction sale prepared and committed to buy.

§         Creates competition among buyers resulting in a price that may exceed the price of a traditional negotiated sale.

§         Reduces the seller’s long term carrying cost including taxes and maintenance by quickly transferring the property.

§         Minimizes seller stress because the seller knows exactly when the property will sell.

§         Eliminates numerous, unscheduled, and intrusive showings of the property.

§         Removes the seller from the negotiating process while still allowing the seller to control the sale.

§         Results in generating a fast and fair price for your property.

Benefits to the Buyer:

  • Confirms that wise investments are made as properties are purchased at a fair market price through a competitive bidding process.
  • Ensures that the buyer is dealing with a serious, committed seller.
  • Minimizes buyer stress because the buyer knows exactly when the property will sell and close.
  • Encourages fair competition as all buyers must adhere to the same terms and conditions.
  • Supports an informed purchase as information on the property is provided to potential buyers via a due diligence packet.
  • Reduces buyer stress further by eliminating long and oftentimes stressful negotiation periods.
  • Results in a fast buy and close on the property of your choice and at a fair price.


LINE BIDDERS  

 


IT'S ALL ABOUT CONVENIENCE

We make bidding and buying easier than ever before. Place bids at your convenience according to your schedule. All auctions hosted by our affiliate company, the Pennsylvania Auction Company, allow bidders to submit offers in a variety of ways including online and via telephone. With the Pennsylvania Auction Company submitting a bid is just a call or click away!


Also, Hankinson & Company LLC is a leading provider of certified machinery and equipment appraisals worldwide. We provide you with quick, accurate and defensible appraisals of the equipment or facilities you request utilizing USPAP. Uniform Standards for Professional Appraisal Practice were adopted by Congress and are accepted around the world as the authoritative source for machinery, equipment and business appraisals.

What's Your Machinery And Equipment Really Worth?
Have an appraisal done.

A question often asked by courts, CPA's, bankers, business owners, insurance brokers, attorneys and the like when used machinery or equipment is bought, sold, financed, given away, insured, taxed etc.

Why risk your used equipment valuation when you can utilize our independent, professional appraisal services. Some of the benefits are:

  • We provide you with a Certified Machinery & Equipment Appraisal Report. Appraisal reports submitted by a CMEA is USPAP compliant and will withstand scrutiny by the IRS, courts, lenders and others.
  • Hankinson & Company LLC is trained and certified as a CMEA (Certified Machinery & Equipment Appraiser) through the NEBB Institute, a large network of machinery and equipment appraisers. This gives us the most up to date appraisal information available to accurately value your machinery and equipment.
  • Reduce your liability - By using a third party with the necessary credentials to complete the assignment, you reduce your liability, whatever the use.
  • Your cost effectiveness - Why tie up your valuable time or staff when we are available at reasonable rates.
  • We can help you be prepared. When you meet with your lender, prospective buyer, attorney, accountant etc., you will clearly know the value of your equipment, machinery, or facility.

Hankinson & Company LLC is affiliated with the National Equipment & Business Brokers Institute. Our association with the NEBB Institute is valuable to you because its large network of equipment & machinery appraisers and brokers enables us to use the most current information, sourcing and data available, resulting in the most accurate and reliable appraisals for your equipment, machinery or facility.

Serving the machinery and equipment industry for years, we are here to serve all of your machinery and equipment appraisal needs.

Contact us for your Equipment Appraisal or Machinery Appraisal needs