Determine FF&E Value.

To prepare for an FF&E sale, an accurate value must be determined. Often, owners overvalue or undervalue their FF&E. Our process begins with the seller providing some photos of the property and equipment. Secondly, and just as important, we will need a description of the assets to be sold. Original Invoices are the very best support for this and will save you valuable time. You’ll invest less than an hour of your time and is well worth it.

In order to determine an accurate value, we will analyze the content based on several criteria and market conditions. In some cases, a site visit by our representative may be necessary to support our analysis. Our valuation process is highly accurate, comes at no cost, and is often more reliable than a “professional” appraisal. The process concludes with a quote for your expected net proceeds to be received at the completion of the sale. Sellers are informed of this quote prior to entering into our agreement.

Sign Agreement.

Once we’ve completed the valuation and fully discussed it with you, we’ll answer any questions you may have about the entire process before moving forward. If you are ready to proceed, we will enter into an exclusive sales agreement to market and sell your FF&E assets. The agreement will be for a specified amount and designated period of time. Agreements typically span 45-60 days, but actual sell time could come sooner and we may even have immediate buyers. Our sales success rate is above 90 percent, but in the unlikely event this time period expires with no sale, there is no fee or further obligation on your part. You can renew if you like.

Market to Sell FF&E Assets.

We begin the marketing phase by assembling a portfolio of your FF&E, then develop a plan best suited for your inventory, situation and timeline. Marketing will include various forms of targeted efforts deployed on a national scale to attract elite qualified buyers.

Stealthy! Store location open or closed…it doesn’t matter. Our marketing process will be in motion while you are still open, with no disruptions to your operations and concealed from employees. A Buyer is often in place by the planned closing date.

Qualify Potential Buyers.

This “game-changing” step is vital to a successful sale. Potential candidates are assessed on their level of interest, ability to execute the sale, and proposed FF&E removal process. Much of our efforts involve the logistics of equipment removal and transportation. Our expertise in this aspect builds rapport, saves the buyer a tremendous amount of money, and is crucial to paving the way for a successful sale.  

Finalize with Buyer & Prepare for Removal.

Once a buyer has committed to the purchase, we handle the Purchase Order, removal terms and closing details. We schedule and coordinate the FF&E removal plan with both the buyer and seller/lender (or alternate party as directed). Our team will meet the buyer at the location site, so the seller’s presence is not required. Expert coordination will ensure the sale and removal process is executed safely, smoothly and efficiently.