Image of the day

Captured by
Byron Davies

Sh2-86 (NGC-6820)

My Account

New to Astromart?

Register an account...

Need Help?

Selling Machine Tools

Started by Alex McConahay, 01/16/2009 02:30PM
Posted 01/16/2009 02:30PM Opening Post
How does one go about selling a machine shop?

I have had just enough experience in a machine shop to make me dangerous.

I was visiting a friend who recently lost her husband. She was in the Palo Alto area. In her garage were a number of what appeared to me to be fairly high quality machine tools. Included were a lathe, a Bridgeport Series 1 variable speed Mill, a lot of tooling, and such.

She expressed to me that she wanted to sell it.

How does one go about selling it? SHe does not know what the stuff is, and would not feel comfortable just putting up a "for sale" sign, not knowing the value, etc.

I live 450 miles away, or I would offer to help some.

Alex




Attached Image:

Alex McConahay's attachment for post 45220
Posted 01/17/2009 05:08PM #1
A good inventory with full model numbers is a must for starters. Palo Alto, Oakland Bay area, must have some used industrial machinery resellers that may make an acceptable offer for the lot. For a fee, she may be able to get everything appraised for fair market retail and sell items piecemeal on Craig's List.