BUSINESS LIQUIDATION
Sometimes, a business just can't be sold. Declining revenues, debt, increased competition or other insurmountable issues may convince you to liquidate your business.
I offer two ways to close your business:
Store Closing Event
If you're a retailer, this should be your first choice for closing your business. I can show you how to:
- Sell out to the bare walls at decent margins
- Sell furniture, fixtures and other business assets
- Prepare your staff for a Store Closing Event
- Keep your reputation intact
- Merchandise for maximum impact
- Effectively advertise and promote your store closing
- Time your sale
A Store Closing Event can take 5 to 13 weeks, depending on the size of your inventory.
Auction Liquidation Event
Auctions work well for manufacturing companies and service companies that have specialized inventories and equipment. You will benefit from bidders competing with each other to buy the assets of your company. I will promote your auction by:
- Targeted direct mail
- Internet saturation
- On-site signage
- Print media
- When appropriate, an internet feed of your live auction to boost bidding
An Auction Liquidation Event can be accomplished in 4 to 6 weeks.
If you would like details on a STORE CLOSING EVENT or AUCTION LIQUIDATION EVENT, call me for a confidential assessment.
New River Business Brokers
3484 Terry’s Mill Road
Meadows of Dan, Virginia 24120
Telephone: 276-398-3932
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