Westbrook Asset Management is a full-service industrial auction and liquidation company. We offer a wide range of programs for sellers to quickly turn their surplus machinery and equipment into cash. Our marketing team will customize a program that is designed to bring maximum exposure to every asset we sell on your behalf. We handle every aspect of the auction and liquidation process including the sale preparation, cataloging, marketing, and payment reconciliation. Put our three generations of knowledge and expertise to work for you.
Westbrook Asset Management offers several programs for sellers. Depending on your timeframe, budget, and tolerance for risk, we will recommend a program that is best tailored for your needs.
We will negotiate a mutually agreeable cash purchase of the seller’s surplus assets. The assets will be sold in a method that is mutually agreeable to both seller and Westbrook Asset Management.
We guarantee the seller a specific net minimum return for the sale of assets in an auction. After the net minimum amount is achieved and auction expenses are covered, proceeds are divided between Westbrook Asset Management and the seller as previously negotiated.
We will conduct an auction sale on the seller’s behalf. Buyers or sellers typically pay Westbrook Asset management a commission. Sale expenses are deducted from the sale proceeds.
We will market the seller’s surplus assets over a period of time without pressure to sell them quickly. This option will typically return the highest asset value to the seller.
No matter which selling method you choose, Westbrook Asset Management’s marketing team will customize a program that is designed to maximize the value of your surplus assets at a cost that fits your budget.
Westbrook Asset Management promises to provide you with the same honesty, knowledge, and expertise that our customers have come to know and trust in since 1964.
"Our auction process went very well with Marty’s expert diligent execution. At our first meeting we discussed necessary dates for inventory removal from our building, Marty met these dates, he reminded me to supply technical and legal details on my end when some of this was slipping outside of the listing timeline. The auction listing online had good accurate documentation both written and visual. The auction process worked very well, and the follow up to assure payments, paperwork sign-offs and equipment removal was all completed professionally and quickly. We now have cash from these items that were sold that previously were deficits and we have floor space for our next expansion. Thank you Marty at Westbrook Asset Management!"
Dart Container - Mason, MI
"Westbrook Asset Management conducted three auctions for Demmer Corporation in 2013, 2014 and 2015. During this period Westbrook liquidated millions of dollars of industrial machinery & equipment. This allowed Demmer Corporation to efficiently move forward with our plans for downsizing and leasing out several of our Lansing, Michigan facilities. Westbrook Asset Management were extremely ethical & professional. I found Martin Szarek and his employees to be very helpful and of high integrity. We would use them again, and would highly recommend them to anyone in need of their services."
Demmer Corporation - Lansing, MI
"Over the past 30 years, our company has relied on Westbrook Asset Management for their vast knowledge and experience when we needed to purchase machinery and equipment for our shop. So, when we decided to scale back our business and we wanted to sell off a large majority of our equipment, we knew exactly who to call – Westbrook. From the first phone call to the finale sale, Westbrook patiently walked us through the process, and quickly and efficiently organized and tagged everything to sell. It was a seamless process from start to finish. We highly recommend Westbrook as experts for any auction or liquidation of equipment."
Versa Handling Company - Detroit, MI
"A quick note to say Westbrook Asset Management did an incredible job at assisting us in liquidating all of our equipment at our workshop. This included woodworking, metalworking, welding, plastics, auto shop, 3d printing and computer equipment. We were impressed with their efficient, professional and affordable service. We received the best return on our investment for this equipment and I would certainly recommend them to anyone looking for a very effective and professional liquidator. "
The Village Workshop - Northville, MI
"Westbrook Asset Management was a very professional business to deal with during our company's auction proceedings. Marty was on top of all parts of the sale with a very personal touch. Westbrook was available whenever they were needed. I found them to be extremely professional and would highly recommend the firm."
Dexter Roll Forming - Warren, MI
"Westbrook Asset Management was exceptional to deal with from beginning to end. Marty explained the entire auction process, with time frames, and monetary expectations that were spot on. All personnel involved with the auction from set up to clean out were professional as well. Westbrook is a great choice."
Tin Master - Warren, MI