Business Liquidation

A million thanks!

Prestbye's offers a full-service auction firm that will competently handle every aspect of the dispersal. We have earned our reputation for smooth and professionally conducted auctions.

We will be happy to provide appraisals, expense estimates, and references. 

When you need to:

	Reduce or replace machinery or equipment;
	Change existing business operation;
	Liquidate assets, fully or partially;
	Manage downsizing through merger or consolidation

Prestbye's will provide:

	Professional and experienced staff
	All auction services, including advertising
	A large email and posted mail list to highly-motivated auction buyers
	Very competitive commission rate structure
	Repair, hauling, and clean-up services.

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Protecting Asset Value

Today's economy and ever-changing marketplace requires the timely sale of property to avoid the erosion of equity. Bankers know that special assets can cost them 30 to 50 percent a year. Attorneys know that the auction method of marketing, in response to court-ordered situations, will ensure openness, with all parties treated equally.

Prestbye Auction Company believes in full-disclosure and consent at every step of the auction market process as the best way to eliminate misunderstandings. We will not, under any circumstances, promise anything we cannot produce faithfully and fully. 
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Kudos for Prestbye's

On Tuesday, July 9, 1996, the Property Services Division of King County conducted a live auction of surplus Kingdome stadium and concessionaire equipment.

Some of the hundreds of items auctioned included the official ticket raffle drum used from the first Kingdome Final Four in 1984, soccer goal frames, yard markers and Seiko timers, four basketball glass backboards with hoops, old Sonic court side chairs, 31 pallets of black & white and color television sets, football goal line and down markers, popcorn poppers and warmers, a barbecue trailer with propane tanks, acoustical baffles, menu boards, and old cash register, vending trays and more.

King County contracted with the Prestbye's Auctions and Appraisals to auction the proceedings, which will be the first live auction of Kingdome equipment in 20 years. In the past, sealed bids were used to dispose of surplus items which took three to six months to process. Recently, storage space at the Kingdome has been at a premium as many items have been surplused on a normal maintenance schedule.

Carol Keaton
Public Relations
Kingdome

Dear Mr. Prestbye:

Regarding the auction held January 8, I want to thank you for your effort in selling our surplus material. Any help in disposing of unwanted material is an ongoing problem with all public agencies, and the myriad of procedures which have to be followed before reaching the final step of disposal is very time consuming.

Although, not everything was sold and the proceeds meager, it lessens our dump fees.

Thank you for your work well done.

Sincerely,
Alf E. Coransson
Purchasing Manager

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A million thanks for the grand job you did in presenting Seattle Goodwill's first Antiques and Collectibles Auction in over 20 years. We are astounded at the prices realized for many of the items; we would never have raised so much money just selling those things through our stores. Thanks to your fine work, our vocational training program and adult education center are in much better financial shape! Another side benefit of the auction is that we're seeing a large number of regular new customers who attended the auction but had not been customers in our stores before.

Please extend our warm thanks also to Sally and Jane for the vital parts they played from the time the auction began until wrap-up, eight and one-half intense but enjoyable hours later. What stamina!

We are looking forward to working with you again for our next fine art auction in June.

Sincerely,
Lorraine Weeks
Community Relations

www.goodwill.org

Dear Fergus:

Enclosed is our receipt for the auction proceeds which you turned in to the Everett School District.

We appreciate the good job you and your staff did for the District. Your willingness to take responsibility for all aspects of the sale, from set up to final closure, resulted in a pleasant experience for the District.

Personally, I was impressed with the way you conducted the auction. You provided an atmosphere in which people seemed comfortable participating.

We look forward to working with you and your staff again.

Sincerely,
Byron Viger
Director of Finance

Dear Fergus,

I want to thank you for the fine job your company did on our October 19, auction. It was an interesting experience and a very smooth operation thanks to your excellent crews. The crew that came in to arrange and mark the different lots was fast, efficient and nice to work with. Some of that same crew was back on the auction day, plus the staff who actually registers the participants and handles the computers and proceeds. It is quite impressive to have all of the auction items computerized and the participants registered in and computerized, also.

Those who came to buy at the auction were also a great group of people. I understand that several of them were your regular auction buyers. Interesting how many different professions and businesses are out that we don't know about until we get involved in something outside of our usual little world.

Again, thank you for conducting a very successful auction.

Barbara Seaman, 
Buyer