LIQUIDATION AND WORKOUT SOLUTIONS


KIKO has the options to help financial institutions, banks and workout departments quickly convert non-working capital into cash. As specialists in handling troubled assets, we work with clients to develop the best sales strategies to minimize loss.

Our auction services provide one of the best methods to drive maximum asset capital recovery.

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THREE KEY BENEFITS OF AN AUCTION

1. CONTROL OF TIME AND TERMS
  • Sellers set the date, time, location and contingencies of the auction
  • Single point of contact
  • Transparency to the public
2. MONEY
  • Bring assets to market quickly to lower holding costs
  • Creative strategies to maximize return (selling Parts vs. Whole)
  • Access to a global buyer database with online options
  • Reduce foreclosure expenses with a short sale or auction in lieu of a Sheriff’s sale
3. CONTROL RISK
  • Help minimize compliance and legal risk with asset review and opinions of value
  • KIKO Associates understanding of regulatory concerns
  • KIKO Company and Farm Credit have a long history of partnering to provide services in the real estate world. Over the last 30 years, this relationship has proven to be beneficial for all parties involved. As a lender, FC appreciates and values the professional and ethical standards set KIKO as we pride ourselves with these same principles.
    Debra Grammer,
    Senior Consumer Loan Officer, Farm Credit
  • The KIKO professionals we deal with are more than real estate experts.  I consider them one of our valued consultants.
    Ralph J. Lober, II – President & CEO,
    Consumers National Bank

Who We Work With:

Results


  • Commercial Business and Equipment
    $2,511,667.00
    COMPLETE LIQUIDATION BHI a Gas/Sewer Line Construction Eq. Company – Industrial 14,000+ Sq. Ft. Warehouse Shop
    Building built by Norm Eckinger in 2007 features Approx. 4,392 sq. ft. of modern offices, open work station, executive office, board room, lunch room, and 2 restrooms 2013 Warehouse is approx. 12,000 sq. ft. free span red iron w/(8) 2019 overhead power doors, JIB 1000lbs swivel crane, overhead radiant heat, air-handlers and restrooms. 400 Amp 2013 3 phase electricity (208Y/120V-3PH 4W) 2013. Building has been very well maintained and extremely clean.

    (9) Case 580 Backhoes (various models 96-04) 2013 08 Kobelco SK170LC Excavator 2013 07 Bobcat 341G Compact Excavator 2013 04 Kobelco SK80 Mini excavator 2013 97 Case 850G Crawler 2013 95 Case 550 Crawler 2013 (3) Case 450 Crawlers. (3) Bobcat Skid Steers S250, 773, 863 - 06 Komatsu FD45T Forklift 2013 07 Bobcat 2200 UTV w/Kabota Diesel - Various attachments inc. Rock Hounds 2013 Scraper 2013 Sweeper 2013 Screening bucket 2013 Hydraulic auger 2013 Hydraulic hammer 2013 assorted buckets 2013 trencher 2013 - forks - and more!
  • Wholesale Tire Liquidation
    $1,787,699.00
    Ray Starr Trust – Complete Liquidation Player Wheel Group & B & R Wholesale Tire
    Ray Starr Trust – Complete Liquidation – Player Wheel Group & B & R Wholesale Tire – Commercial/Industrial Real Estate & Inventory – 5.78 Acres – I-2 Industrial Zoning Two Parcels – Auction #1 – 52,023 Sq. Ft. Steel Warehouse, Heated, Sprinkled, 8 Docks, 20’ Height, Built 03 Auction #2 – 26,000 Sq. Ft. Retail Tire & Vehicle Service Building with Offices with Office Equip., Auto Lifts & Tire – Equipment to Go With Equipment Inventory to Sell Separate Including 30,000 New Alum Wheels – 2300 New Tires – CNC & Mill Forklifts – Steel Warehouse Pallet Racking & Trucks & Tools – Etc.
  • Bicycle Shop Liquidation
    $26,920.00
    Complete Bicycle Shop Liquidation
    Complete Bicycle Shop Liquidation (50) Bicycles – Bike Parts & Accessories Helmets – Shoes – Clothing
  • Retirement Community
    $150,000.00
    “Hickory Chase Continuing Care Retirement Community” AUCTION #1: Full Line New Commercial Kitchen Equip.
    Hickory Chase Continuing Care Retirement Community has never been completed. Everything was new and never used. Quality commercial restaurant equipment new and never used. New outdoor light fixtures, hardware, fluorescents, wire & breakers all new.

    AUCTION #1: Full Line New Commercial Kitchen Equip. New Cummins 400 KW Generator Light Fixtures - Outdoor Furniture Loads Electrical Hardware
  • Retirement Community
    $250,000
    “Hickory Chase Continuing Care Retirement Community” AUCTION #2: Hundreds of New Residence Appliances
    Hickory Chase Continuing Care Retirement Community has never been completed. Everything was new and never used. Quality commercial restaurant equipment new and never used. New outdoor light fixtures, hardware, fluorescents, wire & breakers all new.

    AUCTION #2 Hundreds of New Residence Appliances (Refrigerators, Stoves, Dishwashers, Washers, Dryers, Microwaves) Complete Kitchen Cabinets - Vanities 1,000 Sheets Drywall - Lockers - Exercise Equip.
  • Dog Kennel Business
    $225,000.00
    7+ Acres Land – Partly Wooded – Handyman Stucco Home – Buildings
    Comprises 7.18 acres wooded & open land with nice frontage along Prospect Rd. Improvements include 2,800 sq. ft. stucco ranch home, 2.5 baths, 3 bedrooms. Kitchen has updated granite counters & cabinets, pass-through fireplace, hardwood floors, finished lower level. Concrete pool, outbuildings including block building, storage barns and parking. Better take a look! Open auction day at 12:00 PM noon. Development potential here, or great place to call home. Needs handyman updates, bring your contractor!

LET KIKO HELP YOU

Contact us today to see how to make auctions work for you.
Contact Us
330-454-6188
© 2017 KIKO Company