Maximizing ROI through Equipment Liquidation

 Laboratories sell equipment for any number of reasons. Whether you’re looking to update the equipment in your facilities, closing a facility, or looking to eliminate redundancies in the lab, partnering with an experienced laboratory equipment management partner can be very beneficial. Below are a few different types of liquidation approaches. Consider consulting a reseller of laboratory equipment, like The Lab World Group, to determine which approach is best for your situation.

 

Private Sales

If you or your organization are not looking to sell every piece of laboratory equipment in your inventory, this item-by-item sales method is for you. In private treaty sales, dealers and resellers can assist in identifying and appraising equipment you are looking to part with. In some instances they will even act as an agent between you and a potentially purchaser, and can also help negotiate storage and shipping logistics.

 

Auction

Equipment that is commonly used across multiple industries makes for very successful laboratory auction items. Most auctions are commission-based, which puts the equipment seller in the best position to recoup their investment. While the dealer recovers expenses and a commission from the sale, the seller can enjoy significant cost savings as the buyer and dealer are typically responsible for negotiating and organizing an additional removal and transportation arrangement and fee.

 

Sale and Removal by a Dealer

The Lab World Group got its start as a buyer and seller of high quality used and refurbished laboratory equipment. Some organizations in this vein will purchase individual machines, complete lines, and sometimes even entire facilities. They also have the expertise to package, ship, and store sensitive equipment properly.

 

Consignment

Under consignment solutions, the equipment is typically removed by the dealer and transported to their facility. The seller retains the title of the equipment until it is sold by the dealer. Consignment is a good option for sellers who need to create space for new equipment quickly, or are closing or leaving a location and cannot take the equipment with them. Dealers also typically have a large group of professional industry contacts they can market your equipment to. This option offers a great ROI with a quick selling cycle and high conversion rate while also freeing up your valuable lab space.

 

Utilizing the expertise of a laboratory equipment dealer allows you to benefit from their expertise, experience, and qualified connections. They can also save your organization a great deal of time and money. Equipment dealers, like The Lab World Group, act as the seller’s guide through the asset liquidation process, and can help determine which method, or methods, of liquidation are right for you and your organization. If you’re interested in selling your used lab equipment please click here.