A great part of the challenge when selling used equipment comes from the fact that sales are not a hard science, and many factors are highly subjective. If used equipment sales are not properly managed, the seller can end up receiving much less than what the asset is worth, or may be unable to complete
When dealing with plant, machinery, fleets and equipment, it is important to determine if owning the asset makes sense for the company from a financial standpoint. It is a simpler decision if utilisation is low or assets at end of life however for all assets the ongoing ownership cost of equipment should also be assessed.
Every year manufacturing, processing and other businesses are actively considering the closure of their sites or the need for partial asset sales of redundant equipment. On commencing this journey, they quickly realise the complexity of the activity they are commencing. When it comes to a site closure and the final goal of a completely cleared
Formidable Forklifts run a well organised used fork dealership. While maximizing their return is a key part of the business they are pragmatic operators and take into account cash flow, cost of funds and the market. They often use a variety of sale channels to sell their stock. What better time to move on some slow
TIGER have the pleasure in offering a small package of assets to the market for one of our WA clients. Our client is relocating their contracting business to new premises and took the opportunity to assess the utilization of their fleet. On identifying under utilized assets our client went to market for sale options. TIGER were able to
Monday 21 Sept 2015- Jonathan Barrett. Businesses that rely on construction work in Western Australia’s mining sector are preparing for a further collapse in revenue, as the Roy Hill iron ore project nears completion. .See More at ……
Wednesday 15 July,2015 – Aaron Bunch, Jonathan Barrett and Tess Ingram. West Australian mining equipment traders are selling machinery at less than half boom time prices, while lunch bars once frequented by engineers and other resources company staff are nearly empty. See More at ……
Wednesday 13 May, 2015 – Angus Whitley and David Fickling Fancy owning an Australian goldmine? One’s for sale on minegraveyard.com.au, and for the price of an average Sydney house, you could add a dump truck and huts for more than 300 miners. See More at……….
TIGER ASSET GROUP Director, Ben Gibson on Perth ABC news commenting on the mining downturn. Watch Now
Friday May 1st 2015 – Kathryn Diss. Western Australia’s cash-strapped miners and contractors are fueling a boom in business for valuers as they look to balance their balance their books bu offloading excess mining equipment. See more at …