An innovative food manufacturing company specializing in sustainable protein production required support in managing the sale of surplus equipment across multiple locations. With a significant volume of assets to be sold within a compressed timeframe, the company engaged EquipNet to oversee the process and maximize returns.
The project involved significant time and logistical constraints, with a short window to plan and execute following a September site visit and late October launch. Additional assets identified in November expanded the project scope. Limited time for Marketplace sales ahead of the early December auction, combined with multiple locations and continuously added inventory, increased complexity. A strict year-end removal deadline further added pressure to coordinate sales and logistics efficiently.
EquipNet deployed a fast-paced, multi-channel sales strategy, quickly launching assets on the Marketplace while preparing for a global auction on December 3rd. The team conducted multiple site visits to capture and market all assets, while managing ongoing inventory updates and engaging a global buyer network. EquipNet also coordinated an extension of the removal deadline to mid-January and oversaw all buyer communications, transactions, and logistics to ensure a smooth process.
The project generated total sales of $539,363.20, with $277,955.20 from Marketplace sales and $291,408.00 from the December 3rd auction, which attracted 101 bidders and sold 102 listings.
The project was completed successfully within the revised timeline, with strong buyer engagement throughout. The client was highly satisfied, and the project remains ongoing with 17 assets still listed and continued buyer interest.
