Please contact us for information on Re-marketing your equipment. We have full service movers on 24hr stand by.
AUCTIONS
Benaco Sales Ltd. conducts 30 – 40 major industrial auctions annually.
All auctions are open to the public. Auctions are held either on the
premises of the company being sold, or the assets are moved to a more
suitable location, as pre-determined by the secured creditor. Most
sales are done on behalf of banks, lending institutions, landlords,
and private businesses. They consist mainly of assets made available
through some form of distress, including bankruptcy, receivership,
lease termination, distraint, or default. In many instances, assets
are moved to our storage and auction warehouse for safekeeping.
Assets are always sold on an “As Is, Where Is” basis, free and clear
of any liens and encumbrances.
WAREHOUSING AND STORAGE
Over 50% of our Industrial Auctions are conducted from our 18,000 sq.
foot auction warehouse. This facility includes a gated and fenced
18,000 sq. ft. yard, drive in and dock level shipping, full security including 10
closed circuit cameras, cleaning and testing facilities, and our
complete modern computerized accounting system which allows
instantaneous information. In many cases, assets need to be removed
from their premises immediately. Through our extensive network, we
have the capability to arrange complete company extractions within
hours of notice, sometimes instantly. We have a standby crew of
insured truckers, riggers, electrical, plumbing, and refrigeration
professionals in order to ensure proper and professional company
moves, with no exposure or liability to the financial institution or
it’s agents. Assets are stored until PPSA Notices expire, with
minimal storage costs. We maintain all proper insurance policies,
including liability, theft, and goods in transit and we maintain an
umbrella policy from any location within Canada.
