Business Asset Liquidation Services

Michaels Global Trading is well known name among business liquidation companies, providing asset liquidation services across North America within a range of industries. We facilitate removal, decommission, and liquidation of company assets, ensuring you receive return on your investments and avoid red tape and legal issues.

Business asset Liquidation services facilitate the relocation and resale of equipment you no longer need. Businesses with bulk inventory, or financial complications may choose liquidation to ensure some return on investment for the furnishings and technology in your office or shop.

Why Use Business Liquidation Services?

Companies use business liquidation services for many reasons, including:

Overstock/Discontinued inventory – Retail businesses with overstock they cannot move often turn to asset liquidation services to reduce clutter and free storage for new products. Whether merchandise has been discontinued, or remains unpopular, MGT can help evaluate, market, and move overstock.
Downsizing – Companies minimizing their office space, staff, and clutter often have residual furniture, IT equipment and other unnecessary clutter. Rather than losing your initial investment, MGT will work with you to resell or auction these items for liquidation.
Mergers – Merging two or more businesses results in an over abundance of equipment and furnishings. Liquidation allows you to sell and purchase all new supplies, or simply earn some money toward your office upgrades by selling outdated resources.
Retirement – Retirement is an exciting time, but for business owners it means looking for ways to remove or repurpose unnecessary equipment and technology. Liquidation offers cash for your assets.
Closing shop – Like retirement, closing a business means residual items such as furniture, merchandise, IT equipment and more. Liquidation avoids the messy business of organizing belongings for recycling, while making a financial gain.
Bankruptcy – Filing for bankruptcy is an emotional experience. Michaels Global Trading stands by you from beginning to end, clearing your business, appraising equipment and merchandise, and ensuring you get the highest possible return on value for your belongings.

Michaels Global Trading specializes in business asset liquidation and resale, providing professional appraisal services and advisory in Ontario, Canada and USA.

Bulk vs. Single Liquidation

At Michaels Global Trading, we understand that every client has unique needs and requirements when it comes to liquidation. That’s why our team of dedicated specialists invest time in curating tailored solutions for each situation – from bulk sales through to small lots. We take pride in providing top-notch customer service with a personal touch, so you can be sure your liquidations are handled professionally at all times.

Bulk – Maximize Your Profits! Utilizing bulk liquidation is a great way to reclaim capital quickly and efficiently without compromising your bottom line. By grouping multiple products into one actionable transaction, you can streamline the process of turning inventory over while still seeing significant returns on initial investments.
Single – Single item liquidation is the sale of individual equipment one piece at a time. You can sell single items traditionally or through an auction, fetching fair market, orderly, or forced liquidation values.
Parts – Maximize your liquidation profits and explore the lesser-known world of parts liquidation – from electronic components and storage devices to e-waste recycling for computer equipment. Capitalizing on this niche market provides huge financial rewards! E-waste is a particularly lucrative niche for partial liquidation, selling lots of computer equipment to companies in need.

At Michaels Global Trading, our team will provide the utmost confidence when liquidating your business. We have comprehensive resources and experience to offer competitive bids and thorough appraisals for all equipment – leaving nothing in its wake but organized clarity!

What Can Be Liquidated?

Any asset of value can be liquidated, including those from commercial and industrial locations, such as:

Michaels Global Trading works with businesses from a variety of sectors. When we develop a liquidation strategy, we customize it to suit your company’s individual needs. Your success is our success, so you can rest assured that we will fight to get you the best price on your residual assets.

Contact Michaels Global Trading Today

Michaels Global Trading currently serves companies across Ontario, Canada and the United States. Our asset liquidators will work with you on an advisory basis, taking stock of your inventory and providing options for retrieval, resale, or auction.

Before we begin liquidating, we assess your office for value and alternative de-cluttering options. We don’t stop at liquidation but offer solutions on all equipment left in your possession. Clearing house means more than selling unused products, it means ensuring retail spaces are cleared and damage deposits retained.

Interested in learning more about Michaels Global Trading and our liquidation services? We invite you to contact us through our online contact page or call us at 1-888-902-7531 and speak to one of our experienced liquidation experts today.

What Can We Liquidate?

Testimonials

Brainhunter Systems Ltd

BEST IN THE INDUSTRY! That’s how we would describe Michaels Global Trading. They took all the headaches for our office move, decommissioning office cubicle, and did everything at a great price. They planned everything ahead of time and were on time to finish the job. Marlon, Mario, and team were extremely professional. They were fast to respond, fair in prices, and extremely service oriented. We would recommend them to companies who are planning an office move or decommissioning office furniture or equipment. – Brainhunter Systems Ltd.

Gameloft Toronto

We engaged Michaels Global Trading to remove and dispose a large quantity of office furniture during renovations. Marlon and his team were professional, efficient and made our jobs much easier. It was nice not having to deal with all those desks ourselves!

FAQ

Do medical equipment liquidators usually sell to international buyers?

60% of the time when medical equipment is being liquidated, it gets exported to international buyers where their markets have not yet come to speed with North American technology.

What will happen to the assets of the company in a Creditors' Voluntary Liquidation?

The assets are sold and the proceeds are spilt amongst the creditors. Creditors that have secured debt against the company are paid first leaving unsecured creditors sometimes with little or nothing.

What are the costs associated with liquidating my company?

If you’re selling your assets to a liquidator then there are no costs that you will incur because liquidators normally pay the seller and organize all logistics for removal.

What does a liquidation cost?

This depends on the type of assets being liquidated and the business model of the liquidator. Some liquidators like to perform on-site / auction sales from the sellers location or remove all assets to bring to their warehouse for processing. Normally with an on-site / auction sale the seller can expect to pay some marketing cost but will recoup that cost from the profits when the assets sell. If the assets are being removed the seller can expect to be paid immediately upon removal.

I have a problematic business loan, when should I engage a liquidator?

You should engage a liquidator as soon as possible. Selling some of your assets can be a great way to recoup some money to pay back any outstanding debts and avoid bankruptcy.