Saturday, January 1, 2011

What percentage are liquidators looking for?

What percentage are liquidators looking for?
I need to put in a firm offer against some IT hardware that a company spent £60k on. They folded, and their accountants are selling off assets. Does anybody have experience of what returns they would accept? Would an offer of 10% be accepted? They won't tell me any guide-pricing, and have asked for an offer. Sorry, I should clarify that they havent said its worth £60k, that's a rough figure I arrived at based on what they are looking to sell off.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They want as much as they can get. You could try offering 10%. If they tell you to get stuffed, you can always try another offer.
Answer 2 :
liquidators are empowered to sell for the maximum they can get for the property and if no other offers are on the table then your offer will be accepted i work for a furniture company and we had 3pce suites retailing at 1000 to 3000 pounds and we were told to sell at whatever we could get i sold a 3000 suite for 600 pounds and had no problem so make an offer you never know you may be lucky.

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