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About EquipNet Auctions

EquipNet Auctions is the world’s leading provider of live and online auctions of pre-owned processing, packaging, laboratory & analytical equipment and surplus MRO parts for the pharmaceutical, biotech, chemical, and consumer processing and packaged goods industries.

ALL AUCTIONS ON LINE As part of its overall Clearance Liquidation StrategyTM, EquipNet offers a variety of Auction Services designed to help your company quickly recoup the highest possible value for your idle and surplus Depending on your particular equipment and time frame, EquipNet has several auction options: *Live and Webcast Auctions *Online Auctions *Sealed Bid Offerings *Listing on the EquipNet eBay Store *Auctions Plus *Live and Webcast Auctions EquipNet manages the sale of pre-owned, used and unused equipment at a live auction with online bidders participating remotely via a simultaneous Webcast. Our Live and Webcast Auctions are often the right option for sellers with significant quantities of equipment or for companies that are downsizing and need to liquidate equipment quickly. With a Live and Webcast Auction, EquipNet specialists visit a seller’s facility to inventory and prepare the equipment and the site for a live auction. The EquipNet Marketing team promotes the auction to a targeted group of potential buyers. On auction day, EquipNet auctioneers conduct live bidding at the seller’s facility and manage the bidding of remote bidders via the webcast. EquipNet collects and manages distribution of funds and oversees equipment removal. Where a seller’s facility might not allow for a live, on-site auction, we can conduct all bidding over the Internet via the webcast. EquipNet Online Auctions EquipNet's Online Auctions are conducted entirely on the web utilizing a competitive bidding process to sell pre-owned equipment. The Online Auctions are hosted on the EquipNet website using our proprietary SmartAuctionsTM technology and auction software. An Online Auction is often the right option for sellers that want to liquidate assets that have not sold on the EquipNet MarketPlaceTM. Sealed Bid Offering EquipNet offers a seller's pre-owned equipment in a closed or sealed bid environment. As part of this service, EquipNet markets the items and, when they sell, EquipNet will manage the payment and shipping. The Sealed Bid Offering is often the right option for hard-to-move equipment without a lot of potential buyers. eBay Store Buy-It-Now A Buy-it-Now listing is posted for a month in the EquipNet eBay Store with a price set at a level that the owner has already approved as an acceptable offer. The Buy-it-Now option allows sellers to liquidate their items in a timely manner, but still remain in control of the selling price. In turn, buyers have an opportunity to purchase pre-owned equipment at a pre-determined, non-negotiable fixed amount at a considerable cost savings over the price of new equipment. eBay Store Seven-Day Auction The Seven-Day Auction on the EquipNet Store is often the right solution for selling lower-cost, high-turnover items that would appeal to a broad customer base. Sellers send us their used equipment and we photograph, inventory, catalog, and post to the EquipNet eBay store for auction. Remote sellers can choose to supply us with inventory detail and images and manage their own shipping.



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