An inventory of woodworking tools and more than 450 new guitars and amplifiers will be hitting the auction block on July 24, 2013. News of this liquidation was just announced by AccuVal-LiquiTec, an industry leader in corporate valuation, advisory and liquidation services who is conducting the online-only auction.
All woodworking equipment was used by U.S. Masters Guitar Works, a premier guitar manufacturer, to manufacture their signature line of custom guitars and basses. The sale includes a wide range of woodworking machinery. The Masters Design electric guitars and basses were designed by U.S. Masters, and the Class A tube amplifiers were sold under the Masters brand.
“We are anticipating broad interest in this auction,” said Marc Swirsky, president – Liquidation Services at AccuVal-LiquiTec. “Although this equipment can be used in many other wood product manufacturing businesses, its previous use to make fine guitars speaks to its precision and quality. The additional inventory of more than 400 new guitars and 50 amplifiers adds to the appeal of this auction,” he added. The sale is open to manufacturers, wholesalers, retailers and the public.
The auction begins at 10:00 AM (CT) on Wednesday, Jul. 24, 2013.
AccuVal-LiquiTec is an industry leader in corporate valuation, advisory and disposition services. It appraises and liquidates all corporate assets including business enterprises, equity & stock, bonds, intellectual property, machinery & equipment, inventory, real estate and accounts receivable in virtually every industry segment.