04-08-2018, 07:42 AM
If you are not in a rush, start at 70% of new. You can alway go lower. End price depends on demand and the situation.
I had to sell of my fathers wood processing business. He had a custom made shape and sand machine that cost him 120,000 with the tooling. Ended up selling for 40,000.
Why? Demand and the building it sat in for two years while trying to sell it was sold.
In this process I saw some machines sell for more than expected and others for less.
I had to sell of my fathers wood processing business. He had a custom made shape and sand machine that cost him 120,000 with the tooling. Ended up selling for 40,000.
Why? Demand and the building it sat in for two years while trying to sell it was sold.
In this process I saw some machines sell for more than expected and others for less.