Get the most money for your surplus equipment

 

            We remarket and sell the following types of equipment:

• Bakery Equipment
  
• Restaurant Equipment

Anyone can use this service with no work or expense on their part, yet you will maximize your return with no liability.

 

 

 

Quipcon Inc does all the work.

We have a better way to maximize the return on the sale of your used surplus equipment.

What are your options?

 

Auction    

          _{This type of sale offers fast cash but at the lowest price (10-25% of new) and you still pay commission}

                                            _{to the auctioneer.}

Consignment 

This offers twice the return to you with no cost, work or liability on your part.

 

How does consignment work?

 

With our consignment program we clean and make your equipment look and function as near to new as possible.

 

 

There is no out of pocket cost to you

 

1.      We disassemble, pick up and remove all the equipment from your premises to our warehouse.

2.      Each item is given a distinct inventory number to track on our computer.

3.      The work to clean and recondition the equipment, including replacement parts, is done by our professional service people at our cost.  We do not spend any money to clean or recondition equipment unless it increases the value of the item above our cost.

4.      The cost to pack and ship the equipment, including the freight, is charged to and paid for by the purchaser.

5.      We purchase miscellaneous equipment outright for immediate cash.

 

The cost of cleaning and reconditioning the equipment is deducted from the actual sales price, with the balance split 67% to the owner and 33% to Quipcon.

 

This allows us to market the equipment worldwide. It's guaranteed to work and covered by a 60-day warranty.  Because we have taken the risk out of buying used equipment it sells, on average, for between 40-60% of new or greater and not for bottom dollar.

 

 

Example:                                                                                                  Price

 

New 2 door True refrigerator, T49 from the Instawares catalog .                      $2679.00

 

Five years later you want to get rid of the refrigerator.

Auction the same unit. 500.00, less 20% fee                                            400.00

Sell the same unit outright                                                                            500.00

 

Consignment sale after reconditioning                                                    1400.00

 

            Less expenses                                                                                   (200.00)

            Net sales price                                                                                   1200.00

 

            67% consignee share                                                                         800.00

 

Consignment questions:

        1.                  How long does it take to sell the equipment?

                               Normally 1-3 months depending on type, age and condition. The new                                          equipment sells the fastest, but even a 20 yr old item has value that can                                be maximized.

2.                  What if I need money right now?

We pay competitive prices for all miscellaneous items upfront when they are included with a total package.  We also offer various programs that will immediately advance you cash, however, the consignment split percentage is adjusted.

 

3.                  When do I get paid? 

We settle up each consignment account by the 15^th of the month following a sale.  Items are only taken off the market with a 35% deposit from the purchaser for shipment at a later date. Nothing is shipped unless paid in full.

4.                  What type of documentation do I get?

a.     You will be given a consignment contract to sign which states the terms and conditions for each party.

b.     We will send you an itemized list detailing the equipment picked up and each Item will be given a distinct inventory number.

c.     We have a running computer report detailing all the sales by Inventory number, costs to pick up and refurbish the equipment and payments made. This report is sent each month with the payment and it can be run for a specific period of time (i.e. yearly sales ) which is available at any time.

5.                  What if I want my equipment back?

Provided a specific item is not sold or on hold with a deposit, you can pick up the equipment by paying in full any outstanding costs incurred by Quipcon Inc, plus a small storage fee.

6.                  May I have references from satisfied consignees?

We will be happy to provide you with a list of references.

 

Consign your unwanted equipment today and turn it into cash!

 

Unlike wine, equipment does not get more valuable with age.

Click Below to download a copy of our consignment agreement