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BPI raise over £95,000 for business owner’s retirement fund

Following upcoming retirement plans, BPI Auctions was appointed by DB Joinery to support with the online auctioning of 200 lots of surplus company equipment.

Working closely with DB Joinery, we executed a prompt turnaround with the auction going live within two days of the lotting process resulting in completion in just under four weeks.

The auction generated an immense amount of interest, with over 300 registrants. The total sales value accumulated to over £95,000, and 99% of all items for sale were quickly sold. Some of the ​​items available to bid on included a range of woodworking equipment, commercial vehicles, forklifts, power tools and tooling equipment.

Successfully purchased items included:

  • Mitsubishi Shogun SUV
  • Ifor Williams Tipping Trailer
  • Mercedes Sprinter Van
  • Masterwood Winner CNC Router
  • Woodworking Equipment

In addition to managing the auction process within a short timeframe, our team of asset disposal specialists and machine movers had the assets cleared from the company’s location in just over two days.

Nick Carter, Managing Director from DB Joinery said: “We were absolutely delighted with the sales process and speed of execution we received from BPI Auctions. During James’ initial visit, he outlined the timescale and suggested that within three weeks from the lotting-up process, we would be able to hand the keys back to the landlord. Richard and Hughie lotted and got the auction live within two days, and one week after the auction, Stuart and Hughie attended to oversee the removal of everything.

“We were delighted with the professionalism and efficiency of the company from beginning to end, and we would highly recommend it.”

If you are retiring, relocating, or restructuring your business and need a fast, effective solution, find out more about our selling process today.

Get in touch about selling your business assets.

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