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Michaels Global Trading helps businesses across North America as they liquidate their office furniture, IT equipment, construction equipment, and more!

Resources

All good things must come to an end. Liquidation is a way to make the most of your company’s closing. Liquidation helps salvage what’s left of a company so that creditors can be satisfied. It’s important to have liquidation specialists on hand to assist throughout the process. There are many steps to liquidation, all of which an Insolvency Practitioner can help navigate. The first step when liquidating a business…

COMMERCIAL AND INDUSTRIAL FACILITY EQUIPMENT LIQUIDATION

How to Get the Most Out of Commercial Auctions

Toronto commercial auctions run by skilled local liquidators are an opportunity to access rare business equipment at affordable prices. Researching the liquidation process before you visit the auction house gives you the advantage. So, what steps should you take to get the most from upcoming commercial auctions? Here, our Toronto-based business liquidators explore this topic. Read More
23 Aug 2021
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

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What are liquidation items?

Liquidation items can be anything that can be sold from a business to generate cash flow. Examples would be furniture, computers, machinery, vehicles, fixtures etc.

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Is there an exact value to my assets?

The simplest answer is no. There are many factors that affect the value of your assets. Some examples would be market conditions, supply and demand, age, condition and location.

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How much does an appraisal cost?

Every appraisal is different and has specific requirements. The cost is directly linked to the scope of work involved.

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How long does an appraisal take?

That depends on several factors; first, how much equipment is being appraised. Appraising a large machinery shop with hundred’s of pieces will take significantly longer than appraising a small mom and pop business.

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What can I expect in my appraisal report?

Majority of appraisal reports will have equipment values and a synopsis of how the appraiser came up with the values given.

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Why do I need an appraisal?

Some commons reasons for an appraisal are mergers & acquisitions, business valuation, bankruptcy, financing & SBA lending, insurance, buy and sell agreements or partnership dissolutions.

FAQ

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