Liquidations, Auctions & Appraisals! Phone: 616.719.5917

Buell Motorcycle Factory Liquidation Inventory
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Liquid Asset Partners is conducting the liquidation sale of the closed Buell Motorcycle factory. The following is a list of all of the shop tools, material handling equipment, office furniture, industrial tools, manufacturing equipment, warehouse equipment, motorcycles, trailers, vans, trucks, & memorabilia will be liquidated.

The following items will be liquidated: 2000 White Dodge Van, 2004 Black Ford Van, 2005 Dark Blue Dodge Van, White Dodge Window Van, Covered Motorcycle trailer, Three-rail Motorcycle trailer, 1-rail Motorcycle trailer, Yamaha 1000 watt generator, Miltronics VM4020, Floor scrubber, Advance 265LX with charger, FOAMING MACHINE, INSTAPAK 901 SEALED AIR CORPORATION ROW H I , Orange electric lift cart, YALE 0S030EC BATTERY POWERED PICKER LIFT, PALET JACKS, ROLLER RACKS, GARMAT USA CHINOOK II PAINT BOOTH, scissor lifts, Zebra Printers Xi110, engine stands, shelf units, helicon engine stands, K&L jacks, 4 gal Craftsman air compressor, acid storage locker, Air compressor, dual tank craftsman, Air Hose reel & hose, Air regulator/strainer, AIR/HEAT UNIT WALLMOUNTED, aluminum engine stand, Aluminum MX bike stand, 24" x 66" Presto Carts, Assorted terminal crimpers, Horizontal Band Saw, Vertical Band Saw, Binks spray booth, Black 50-gal DOT Fuel caddy, Blast Frame Press, blue gear lockers, Boxes of Shop Supplies, Brake/Clutch Bleed Unit, Computers and monitors, Gravity Conveyor, Craftsman air compressor 5 gallon 1 HP, Craftsman Tool Boxes, Delta Drill Press, Dewalt 18 volt cordless drill, Digital Technician, Dollies, Drafting table, Delta  Drill Presselectric winch, Electrical supplies, Enerpac Power Unit 10,000 psi, Enerpac Press , ENGINE HOIST, Engine Mezzanine, eye wash stations, Fans 32" Airmaster fans, Fire Cabinets, Fire Extinguisher, Flat Jack, FLOOR CLEANER, Gorbel Hoists System, Graco Oil Gun w/ reel, Grinders, Hercules pallet jack, Karcher power washer, Milwaukee compact driver, Milwaukee drills, Misc Adhesives, Misc Air fittings, motorcycle tire rack, MTS System Hydraulic pump & heat exchanger, Oil Filter Crush Press, MILLER PICKER HARNES, Ritter Engineering Hydraulic pump, Shelving Units, Shop Supplies, Table saws, and Tool Carts

Company Information

Liquid Asset Partners specializes in Liquidations, Auctions & Negotiated Sales. Since 1975, our management team works with Banks, Retailers, Bankruptcy Courts, Trustees, Manufacturers, and Lenders. We make cash purchases or run commission based disposition sales in Retail, Industrial, Wholesale, Motorsports & Equipment.

Definitions of Liquidation Terms

Liquidation - Is to pay off (a debt, a claim, or an obligation); settle.

b. To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge.

c. To convert (assets) into cash.

d. To settle a debt, a claim, or an obligation.

e. To settle the affairs of a business or an estate by disposing of its assets and liabilities.

Bankruptcy - Law a debtor that, upon voluntary petition or one invoked by the debtor's creditors, is judged legally insolvent. The debtor's remaining property is then administered for the creditors or is distributed among them.

Assets - Accounting the entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill.

b. The entire property owned by a person, especially a bankrupt, which can be used to settle debts.

Liquid Assets - assets in the form of cash (or easily convertible into cash)

Auctions- Is a public sale in which property or items of merchandise are sold to the highest bidder.

Auction House - Is a firm that conducts auctions.

Equity - Is the difference in value between a person's debts and the value of the property on which they are secured.

Wholesale - Of, relating to, or engaged in the sale of goods in large quantities for resale: a wholesale produce market; wholesale goods; wholesale prices.

b. Made or accomplished extensively and indiscriminately; blanket: wholesale destruction, or in large bulk or quantity.

Intellectual Property - is the product of the intellect that has commercial value, including copyrighted property such as literary or artistic works, and ideational property, such as patents, appellations of origin, business methods, and industrial processes.

Appraisal - an unbiased and independent opinion of value.

Approaches to Value - the three recognized approaches used in appraisal analysis.

They are as follows:

Cost Approach - Calculation of value beginning with a determination of the replacement cost of a new asset of the same or similar utility, followed by deductions for all forms of depreciation to the subject asset including; physical (age, condition), technological obsolescence and economic obsolescence

Income Approach - capitalization of current net income or projected net cash flow and discounts those at a calculated rate to estimate current value. This is the least employed approach to value in single asset appraisals of equipment

Sales Comparison or Market Approach - involves the collection of market sales data pertaining to the subject assets being appraised in order to determine the desirability of the assets through recent sales or offerings of similar assets currently on the market in order to derive the most probable selling price for the assets being appraised.   In high tech technology, values change rapidly and little market data may exist for certain assets.

Concepts of Value - appraisal assignments often require more than one value. The appraiser, before beginning the process will investigate the assignment thoroughly in order to arrive at the concept that best suits the situation and purpose of the appraisal assignment. Some of the most common values are as follows:

Fair Market Value - the estimated amount, expressed in terms of money, which may reasonably be expected for a property in an exchange between willing buyer and a willing seller, with equity to both, neither under any compulsion to buy or sell, and both fully aware of all relevant facts, as of a specific date.

Forced Liquidation Value - the estimated gross amount, expressed in terms of money, that could typically be realized from a properly advertised and conducted public auction, with the seller being compelled to sell with a sense of immediacy on an as-is, where-is basis, as of a specific date.

Residual Value - the projected value expected by a lesser at the termination of a "fair market value" lease. This value usually falls somewhere between the fair market value and its orderly liquidation value and is based upon the lessor's calculated expectations of the willingness of the lessee to buy the equipment at its fair market value. IN the event the lessee elects to return the equipment, the lesser is likely to dispose of the equipment at its orderly liquidation value.

Orderly Liquidation Value - the estimated gross amount, expressed in terms of money, which could typically be realized from a liquidation sale, given a reasonable period of time to find a purchaser(s) with the seller being compelled to sell on an as-is/where-is basis, as of a specific date.

Salvage Value - is the estimated amount, expressed in terms of money that may be expected for the whole property or a component of the whole property that is retired from service for possible use elsewhere, as of a specific date.

Scrap Value - is the estimated amount, expressed in terms of money that could be realized for the property if it were sold for its material content, not for a productive use, as of a specific date.

Insurance Cost New  - is the replacement or reproduction cost new as defined in the insurance policy less the cost new of the items specifically excluded in the policy, as of a specific date.

Insurable Value Depreciated - is the insurance replacement or reproduction cost new less accrued depreciation considered for insurance purposes, as defined in the insurance policy or other agreements, as of a specific date.

Types of Products We Sell

Warehouse Equipment-

Types of Shelving Liquid Asset Partners sells: Pallet Racking, Pallet Racking Beams, Pallet Racking Uprights, Pallet Racking Grid Decks, Tear Drop Style Pallet Racking, Storage Shelving, Stock Room Shelving, Cantilever , and Brands: Lozier, Mecalux, Penco, Interlake Shelving.

Liquid Asset Partners Liquidates the following Warehouse Vehicles: Order Pickers / Cherry Pickers - Work Assist Vehicle, Pallet Jacks, Fork Trucks, Man Lifts, Battery Changers, Scissor Lifts, Floor Sweepers, Reach Trucks , Brands: Toyota, Crown, Raymond, Honda, Genie, Hyster, MTC, Caterpillar, and Clark.

We Liquidate Many Types of Conveyor and E-Commerce Systems: Gravity Flex Conveyor, Cuba Scan, Flow Rack Module, Accuglide, Gap Optimizers, Transnorm Mega Merge,Scanner Belts, SICK Scanner Systems, Slat Sorter (Unisort), Mezzanine, Expandable Conveyor, Accuzone, Auto Tapers, Case Erectors, Selling: FKI, Nesta Flex, Best Flex, Gravity Flex, and Matthews.

In Our Warehouse Equipment Liquidations You Will Find: Floor Scales, Compactors, Balers, Shipping Totes, Dump Bins, Pallets, Ladders, Scaffolding , Shipping Containers / Tractor Trailers, Generators, Employee Lockers, Scrap Copper, U-Boats, Flat Push Carts, Floor Buffers, Floor Cleaners , Dollies , Hand Tools, Shrink Wrap Machines, Onan, Honda, Louisville, Philadelphia, Maren, PTR, McLain, Orange Krusher, Lantech, and Orion.

Motorcycles & Motorcycle Parts

Motorcycles & Motorcycle Parts That We Buy & Sell Is Shown Below: V-Twin Engines, Motorcycle Gas Tanks, Motorcycle Fenders, Motorcycles Frames, Motorcycle Wheels, Motorcycle Rims, Motorcycle Handle Bars, Motorcycle Shocks, Motorcycle Helmets, Motorcycle Apparel, American Ironhorse Custom Choppers, Everything Including Big Dog Motorcycles, American Ironhorse Motorcycles, Made 2 Race, S&S, and much more.

Office Furniture & Equipment