Liquidation After a Severe Loss

After a business has suffered a devastating event like a flood, fire, or hurricane one of the last things a business owner wants to do is to go through the remains. Dealing with insurance, suspending business until repairs are made, and wondering how to make ends meet in the meantime are all the necessary evils of getting back on track. Fortunately, business owners don’t have to go through it all alone. By working with a professional liquidation company like Ideal Trading, business professionals who have suffered a loss can benefit from the years of experience gained from buying and selling salvaged goods.

While liquidation companies handle liquidations for business bankruptcy, estate sales, and the buying and selling of excess inventory, helping businesses that have suffered a natural disaster is also something many quality liquidators can help with.

Before you go through all of the damaged inventory, fixtures, appliances, and equipment, make sure to keep your professional liquidator’s appraiser in the loop. Where you may think that something is unsalvageable and should be thrown in the dumpster, your appraiser may think otherwise. A quality liquidation company will have a network of buyers at their disposal who are looking to buy any number of things including damaged inventory.

Where you, as a business owner, may not have the time or money to put into salvaging damaged goods, fixtures, appliances, or equipment, there are entire groups of individuals who’s main goal is to buy up inexpensive goods like these, fix them up, and then resell them. Even if an appliance or piece of equipment like an industrial sized oven no longer work because of flood or fire damage, your liquidator may still be able to sell these items for parts.

Once you and your liquidator have gone through the remains, he or she will be able to tell you exactly what they are able to buy from you and can normally give you their offer within 24 hours. Now you’re able to get paid for some of your damaged goods and have them taken away rather than just blindly tossing it in the dumpster.

For more information on services offered by Ideal Trading Liquidation Company, please visit our website here. Or to contact us please fill out the Quick Contact form to the left hand side of your screen.