Orderly Negotiated Sales
Orderly Negotiated Sales (ONS) are the terms used for the sale of property by any method other than by auction. For many business owners, ONS might be preferred over an auction due to the longevity of the sale and the pool of people from which the business owner might pull if they find their assets are more specialized and built for custom needs that will fit a smaller number of people in their industry.
The team at Schneider Industries is the number one choice of companies nationwide and internationally for managing surplus assets in a variety of industries. For over 25 years, Schneider Industries has provided asset liquidation through both through auctions and ONS. We understand what businesses need and are here to help, offering our knowledge, expertise, and professionalism along the way.
Business Liquidation through Orderly Negotiated Sales (ONS)
Orderly Negotiated Sales work best for assets that are typically specialized, expensive items built for individual needs, transfer lines, packaging items, conveyors, paint lines, etc. If your business involves many specialized items, such as factory equipment, ONS might be more favorable so the candidates that fit the sale are more targeted and your sale is easier to execute since your assets are presented to a smaller pool of people who have expressed interest in your assets.
Some businesses may know they need to liquidate assets but need a longer lead time to do so. An ONS is helpful for this type of transaction in that sellers can use the time to find the right sellers, possibly yielding a higher sale point. Additionally, ONS allows for more negotiation, meaning the sale price has some room to move and benefit both the seller and the buyer.
Factory & Asset Liquidation through Orderly Negotiated Sales (ONS)
Orderly Negotiated Sales can also be used when there are just a few items to be sold. In the case of factory equipment, it may be necessary to do an ONS since the equipment may be unique to a particular objective. Also, unlike an auction, ONS may allow the seller to receive multiple different offers, giving them time to choose the best one from the pool of people interested in equipment.
If you run a factory and need to liquidate assets or equipment, an ONS allows you the time to prepare the equipment for sale, receive information about relevant sellers that best fit your price point, and negotiate with them to sell the equipment for a fair price.
Often, an ONS can be done in conjunction with an auction, allowing you to sell the largest items first and auction off smaller pieces of equipment or assets that did not perform well in the ONS.
Schneider Industries Offers Orderly Negotiated Sales for Asset Liquidation
Schneider Industries will inventory and photograph the assets, list them on our website and market the assets to prospective global buyers.
We provide our clients with a high/low range of the assets values. We then negotiate the sale of the assets and oversee the removal of the assets after the sale.
To learn more about how Schneider Industries can provide guidance and help you through the ONS process, contact us today!
Schneider Industries uses the following chart to in the decision making process: