Companies often have assets they need to liquidate, and an auction can be a productive way to do so. It’s important to work with a partner who understands your needs and has the experience, credentials, and know-how to run your auction in an efficient and cost-effective manner. Auctions spur excitement around all assets and bring a multitude of bidders to a sale.
Schneider Industries has been in the business of asset liquidation via online and onsite auctions for almost 30 years, and our professionals know how to use the intricate auction process to their advantage for our customers. With a focus on customer service, we have experience with business and inventory liquidation and work with our customers in the auction process.
Our professionals have an extensive worldwide network and experience working with businesses in a variety of industries, and we bring that global experience to every auction. We understand the goals you have in mind and work to find solutions that fit your needs.
Auction Process
Although auction participants may see a smooth process, the intricate background work of setting up an auction takes an experienced professional. At Schneider Industries, we have years of experience performing live auctions verbally conducted by a professional auctioneer who knows and understands the products to be sold. Schneider Industries has always offered Real-Time Internet Bidding to coincide with the onsite actions providing the seller with a wider range of bidders.
During these changing times, most of our clients, as well as our buyers, have chosen to participate in online bidding-only auctions, where buyers can compete for your assets from the comfort of their own home or office. Schneider Industries partners with Bidspotter.com to bring thousands of potential customers.
Partnering with us for auction services involves:
- Inventory – We will organize and inventory all equipment in an orderly and efficient manner. This inventory will list the manufacturer, model number, serial number, and dimensions where needed.
- Advertising – A global marketing program can be implemented with a focus on reaching owners, purchasing agents, and engineers throughout the world through email campaigns, web advertising, social media, journals, and many other advertising opportunities.
- Client and Customer Relations – We will field all requests for information about the equipment, capabilities, condition, and date available and scheduling of appointments for inspection of equipment prior to sale.
- Insurance – We will utilize the following programs: Comprehensive Business Liability, Workers’ Compensation, Employers Liability, and Automobile. Coverages can be added upon request.
- Payment and Collections – All payments will be made to Schneider Industries. Schneider Industries will then account for all funds and present funds to the client less our expenses and commissions. All purchases will be made by wire transfers, certified checks, money orders, or company checks. All funds will and must be cleared prior to the removal of equipment.
- Equipment Removal – Equipment is sold “As Is, Where Is,” but coordination is still necessary for removal. We will handle all necessary arrangements to see that removal is non-disruptive. Buyers will be responsible for all removal costs and as such is cost avoidance for the seller.
Online Only Auctions
In addition to on-site auctions, Schneider Industries can facilitate the sale of assets online or in conjunction with a real-time auction conducted orally by a professional auctioneer. An online auction may be a good fit if you have a plant still in production or are selling assets from multiple locations. By appointment, bidders can inspect the equipment and do their due diligence before the auction. An online auction enables bidders to bid and buy from the convenience of their home and office, providing the seller with a wider range of bidders.
Our auction services include:
- Machinery and Equipment Auctions – It is common for businesses to have surplus machinery and equipment. Rather than having your assets sit idle, let Schneider Industries help auction your equipment to the highest bidder, bringing value and liquid cash you can invest in other areas of your business.
- Commercial Real Estate Auctions – We provide auctions that commercial real estate property owners and developers can sell and bid on, and assets may include factories, warehouses, and office buildings, among other properties.
- Complete Turn-Key Facility Sales – We have assisted companies, banks, and brokers all across North America with the sale of complete running facilities, including real estate, equipment, MRO, and intellectual property. Whether it be sales through a traditional listing, a current auction, or an orderly negotiated sale, Schneider Industries can offer innovative ideas and structure a detailed plan of action to assist in the sale of real estate or a complete working facility.
Why Choose Schneider Industries’ Auction Services
Schneider Industries has been managing asset auctions for the last 29 years. Over the past 10 years, we have managed over 240 online equipment and real estate sales generating over 85 million in sales with 37 thousand bidders from all over the world. Our team has had numerous successful complete plant sales throughout the U.S., Mexico, and Brazil. Each day, buyers and sellers throughout the world visit Schneider Industries’ website to search for used equipment, real estate, and turnkey facilities.
To Learn More About How Schneider Industries Can Auction Your Assets And Help Ease The Liquidation Process, Contact Us Today!
Upcoming Events
Online Only Auction – Complete Sugar Packaging Plant Closure – Over 500 Lots!
Features: Sugar bag / packet filling lines, Ribbon blenders, metal detectors, screw conveyor, hoppers,...
March 11, 2024
End:April 11, 2024
Address:Los Angeles CA
Category: Industrial Machinery & Equipment
Orderly Negotiated Sale- Biodiesel Plant Available- Real Estate and Equipment
Continuous Biodiesel Plant rated at 10 MGY for sale as a complete Asset Sale....
Online Auction- All Industry Consignment Auction! Various Industries and Locations
All Industry Consignment Auction! Various Industries and Locations. For More Information or to Add...
February 29, 2024
End:April 4, 2024
Address:Multiple Locations
Testimonials
“Great company to work with and helped us tremendously, with better than expected results.”
- Emerson Electric
“We originally contracted SI’s services to sell our equipment. They ended up selling the complete 250,000 sq. ft. operation including the building, equipment, IP, customer list, and R&D lab equipment for twice as much as we anticipated.”
- Scott Phillips, SRVPMGP Ingredients
“Has completed many projects successfully and continues to fulfill the expectations of our company, providing good, reliable, and qualified services.”
- Grupo Herdez
“Did an excellent job organizing the sale and produced great results.”
- Campbells Soup