Business Liquidations

Professional business liquidation services

Closing a business is rarely part of the original plan. Whether driven by retirement, health concerns, partnership disputes, lease expirations, or financial challenges, the process of converting business assets into cash can feel overwhelming during an already difficult time. Questions like “How do I get fair value?” and “Who can handle this efficiently?” add unnecessary stress when you need clarity most.

At Hoffman Auctions, we understand these concerns and provide tailored solutions that simplify the liquidation process while maximizing returns. For nearly a quarter century, we’ve helped business owners, attorneys, and financial professionals efficiently liquidate assets across manufacturing, retail, restaurant, agricultural, and professional service businesses. Whether you’re selling a few pieces of equipment or conducting a complete facility closure, our CAI training and AMM advanced marketing expertise ensure your business assets receive professional presentation and maximum buyer exposure.

We serve both business owners making direct decisions and legal professionals managing court-supervised liquidations, bankruptcy proceedings, and fiduciary-driven asset sales. Our experience with court-ordered auctions ensures compliance with judicial requirements while delivering competitive market results.

What we liquidate

Our expertise covers the full spectrum of business assets, from small office closures to large industrial liquidations. We handle:

Equipment and machinery including manufacturing equipment, industrial tools, heavy machinery, restaurant equipment, agricultural equipment, medical and dental equipment, and specialized industry tools. Inventory and materials such as retail stock, raw materials, finished goods, consumables, and supplies. Office and facility assets including furniture, electronics, computers and IT equipment, fixtures, and signage. Vehicles and mobile assets like fleet vehicles, delivery trucks, trailers, forklifts, and specialty equipment. Real estate through our licensed Realtor credentials, allowing us to sell business properties either through real estate auctions or traditional methods depending on your timeline and goals.

When business assets require valuation for insurance, estate settlement, or legal purposes, our GPPA credentials and personal property appraisal services provide professional documentation you can rely on. For businesses closing as part of estate settlement, our CES training ensures we understand the unique requirements executors and trustees face.

How business liquidation auctions work

Free consultation: We assess your assets, discuss your timeline and goals, and recommend the auction format that best serves your situation—whether that’s live, online-only, or simulcast.

Professional asset preparation: Your equipment and inventory are photographed, cataloged, and described to highlight value and attract qualified buyers. We handle logistics including asset organization, lot creation, and preview arrangements.

Comprehensive marketing campaign: We promote your auction through targeted email campaigns reaching industry-specific buyers, social media advertising, print materials and signage, direct outreach to qualified bidders, and MarkNet Alliance platforms that connect your assets with a nationwide buyer pool.

Efficient auction execution: Whether conducting a live on-site auction, an online-only sale, or a simulcast combining both formats, we manage every detail to ensure a smooth process that attracts competitive bidding.

Transparent settlement: Within 15 days of your auction, you receive a detailed report showing proceeds, costs, and net settlement. No surprises, no delays—just clear documentation and prompt payment.

Why sellers choose Hoffman Auctions

Experience you can trust: With nearly 25 years conducting business liquidations across Ohio, we’ve successfully sold everything from small office equipment to complete manufacturing facilities. Our track record includes retail stores, hardware store inventory, machine shop and plumbing supplies, and more.

Professional credentials that matter: Our CAI designation represents advanced auction education, while our AMM training ensures sophisticated marketing strategies that reach the right buyers. Combined with AARE credentials for real estate and GPPA training for appraisals, we provide comprehensive solutions for every aspect of business liquidation.

Tailored approach: No two businesses are alike, and neither are two liquidations. We customize every auction to your specific situation, whether you need immediate conversion of assets or a strategic timeline that maximizes value.

No upfront marketing costs: We cover all marketing expenses including professional photography, digital advertising, print materials, and promotional campaigns. These costs are deducted from auction proceeds, so you pay nothing up front.

Local expertise with nationwide reach: As an Ohio-based company with MarkNet Alliance membership, we combine deep knowledge of local markets with access to qualified buyers across the country. Your assets gain exposure to the buyers most likely to pay competitive prices.

Visit our Testimonials page to read about experiences from business owners and attorneys who have worked with Hoffman Auctions. Their stories demonstrate our commitment to professionalism, efficiency, and results during challenging transitions.

For buyers seeking business assets

Business liquidation auctions offer exceptional opportunities to acquire quality equipment, inventory, and fixtures at competitive prices. Whether you’re starting a new business, expanding operations, or looking for specific equipment, our auctions provide access to well-maintained assets from reputable businesses.

Our liquidation auctions attract buyers because they offer a wide selection of industrial, commercial, and professional equipment with detailed descriptions and photos that allow confident bidding. You can participate through online-only auctions accessible from anywhere, attend live on-site auctions for hands-on inspection, or choose simulcast options that combine both approaches. Preview opportunities let you inspect assets before bidding, and our professional handling ensures smooth transactions from winning bid to pickup.

Explore our upcoming auctions to see what business assets are currently available, or sign up for our email alerts to be notified when new liquidation auctions are announced.

Related auction services

Michael Hoffman, Auctioneer, provides more than business liquidation solutions. Explore all of our services:

• Personal Property Auctions
• Real Estate Auctions
• Court-Ordered Auctions
• Asset Appraisals
• Fundraising Auctions

By combining expertise across multiple auction types, we ensure that all your assets—whether business equipment, real estate, or personal property—are handled professionally and efficiently under one roof.

Ready to get started?

When it’s time to liquidate your business, you deserve a process that’s efficient, professional, and designed to maximize value. Hoffman Auctions provides the experience, resources, and dedication to help you move forward with confidence.

Take the first step today. Contact Hoffman Auctions for a free consultation and discover how we can simplify your business liquidation while delivering the results you need.

Related Resources

• FAQ — Answers to common questions about the auction process
• How to Bid — Step-by-step guidance for participating in our auctions
• Past Auctions — Examples of previous business liquidations we’ve conducted
• Blog — Articles about auctions, liquidations, and asset management