Closing Your Factory?

Closing Your Factory?

Quick and efficient deal solutions

Every day factories close, and the machinery, inventory and sometimes real estate need to be sold. Sometimes factories have excess machinery they want to monetize. We have the experience to accurately identify, describe, and promote them to the right buyers so sellers receive the maximum market value.

We quickly evaluate the assets and offer to purchase it all or sell on behalf of the client. Depending on the situation, we can sell everything by public auction, or we can find strategic companies that want to buy everything, this is known as a turn-key sale. We are fantastic at marketing the assets to the right people globally.

view listing of current and recent auctions

Case Studies

ACR Fuller (surplus to ongoing operations!)

March 9, 3pm: We received a signed contract from ACR Fuller’s Nisku, Alberta Division.

March 14, 8am: Boots on the ground at ACR Fuller in Alberta with our local auction setup crew.

March 17, 7pm: website marketing went live with descriptions, photos & videos.

April 13, 10am: Live Webcast Auction Day!

April 29, 5pm: client will have six figure cash proceeds in hand.

This timeline demonstrates our willingness and ability to meet client needs regardless of location, perceived difficulty and without cutting corners!

REIT

Recently an industrial REIT was left with a factory full of equipment that they didn’t want and didn’t know what to do with. They wanted it out, fast, so they can return to their business of renting their property.

Enter Workingman Capital. We purchased all the assets mitigating of their lost rent and quickly removed it with a combination of private sales, scrap and garbage removal. The REIT was left with a clean and empty facility by their deadline and everybody was happy.

Testimonials

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Josh was great to work with which made the transaction smooth and stress free. We couldn’t be more pleased.

- Enzo

Vantage Machine Shop
June 2021

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I want you to know that I am pleased with the results you achieved.

- Jim

September 2021

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We appreciate your knowledge and expertise and drive to get this done!

- President of fabrication company

November 2021

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Josh was extremely helpful in completing a valuation required for our year end audit. He went above and beyond to ensure that it was completed on time given it was a last minute request. He was extremely professional, I would highly recommend working with Josh.

- Andrea Pember, CPA, CA

Controller, District Ventures Capital
June 2020

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Great auction company. Was willing to help organize some lots better than originally advertised in order to make Is the grouping better. Top notch!

- Sean, Auction customer

December 2021

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It was a pleasure working with you on the auction. You made it very easy for us which we very much appreciated.

- Christine Wilson

President, TIW Steel Platework Inc.
December 2021

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Easy to work with great team thanks again Josh!

- Benoit

Auction Customer
2022

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An excellent reputable company to deal with. Highly recommended. Thank you for the pleasant experience.

- Dave

Auction Customer
2022

Proud Member

Do you need to maximize the value of your assets?

Call us, you’ll be happy you did.