SERVICES

Tradewest offers a number of alternatives to companies of every size and description with assets which must be valued or sold.

Sales and Auction Experiences

Tradewest provides Asset Management Plans which provide a detailed blueprint for the control, handling, sale and supervision of a complete range of industrial and inventory assets.

We have been retained by companies of every size and description to manage the valuation and sale of their assets and have managed sales in the following industries:

Our experience in retail and wholesale inventory liquidations includes national and regional department stores, as well as specialty stores, distributors and wholesalers in these categories:

Asset Management Plans

We provide owners with complete and detailed business plans for the sale of your assets, providing a customized program that will maximize your net dollar return. Our business plans include:

1. Estimated Gross Sales;
2. Timing;
3. Responsibilities of both the client and Tradewest;
4. A choice of a number of financial alternatives, including:
• Straight Commission & Expense Budget;

• Guaranteed Minimum Net Returns;

• Outright Cash Purchase.
5. Accounting;
6. Marketing Plan;

Our clients' information is always treated with the utmost confidentiality, and we are accustomed to working quietly with owner/managers to seek the solutions which work for you.

" Every year, business owners entrust millions of dollars in assets and equipment to Tradewest. We consider that to be the highest form of confidence, and work very hard to ensure that their trust is well-placed."

Ken Ardiel, Founder and President

Market Value Appraisals

To provide the best possible service to our clients and customers, Tradewest Asset Solutions Inc. confirms that both Ken Ardiel and Matt Ardiel are members in good standing of the Canadian Personal Property Appraisal Group, Canada’s only recognized appraisal member organization.  Tradewest has provided hundreds of professional appraisals to clients for many years.  Our certification with CPPAG ensures that Tradewest appraisal reports are issued in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).

We provide prompt, accurate appraisals for valuations on the following bases:

• Fair Market Value
• Forced Sale Value
• Orderly Liquidation Value
• Market Value – in Place
• Going Concern Value
• Replacement Cost

Each of these has a particular and specific purpose.  Prior to engagement, Tradewest and the client discuss the purpose of the appraisal, define the scope of work, and determine which basis is the most appropriate to meet the client’s needs.

Our appraisal clients include manufacturing and retail firms, public and private companies, bank executives engaged in special credit functions, Trustees-in-bankruptcy, Receivers, lawyers and accountants managing insolvency files and estate assets, commercial finance companies.  We act on behalf of owners, lenders and purchasers.

Tradewest appraisals are relied on for:

• Lending Values
• Liquidation or Auction Values
• Partnership Buyouts and Dissolutions
• Business Retirements and Sales
• Corporate Reorganizations
• Financial Review of Bank Security
• Pre- and post-event Insurance Valuations
• Estate Probate and Divorce Settlements

Our appraisal services have been utilized in a wide range of industrial and commercial equipment and inventories, including the following:

• Mine Extraction and Process Equipment
• Sawmills
• Lumber Remanufacturing
• Woodworking, Kitchen and Cabinet Manufacturing
• Machine Shops
• Metal Fabrication and Welding
• Oilfield Service
• Logging
• Trucking
• Construction
• Forklifts & Warehouse
• Fluid Systems (Dairy and yoghurt plants)
• Food Production and Preparation
• Restaurants
• Architectural and Window/Door Glass Manufacturers
• Sewing & Textiles

Our inventory valuations have included virtually all types of products, including:

• Auto Parts
• Men’s and Ladies’ Apparel
• Sporting Goods
• Home and Office Furnishings
• Jewellery
• Building Supplies and Hardware
• Bearings & Industrial Supplies
• New Tools & Equipment

A unique quality that Tradewest brings to each appraisal is the experience of hundreds of industrial and commercial auction and liquidation sales conducted by Tradewest over the past 32 years.  Our appraisal team brings over 40 years of experience to each and every valuation, and has thorough, first-hand knowledge of equipment values.  Our sales database tracks prices for both Tradewest and other auction sales.  Our appraisers then conduct further market research through our extensive industry contacts, enabling our team to define values in the most accurate manner possible.

A growing sector of our appraisal business is valuations for insurance purposes.  More business owners are recognizing that it is essential to have a professional Fair Market Value appraisal completed and updated annually to provide the most complete and detailed coverage possible in the event of a fire, flood or theft.

For circumstances in which assets are being valued for sale, Tradewest Asset Solutions also provides detailed business plans for the orderly sale of the subject assets by the best possible sale method.

Contact either Matt Ardiel or Ken Ardiel today to discuss your professional appraisal needs.

• Ken Ardiel - kardiel@tradewestsales.com
• Matt Ardiel - mtardiel@tradewestsales.com