180 Asset Group
1104 Corporate Way
Sacramento CA 95831
Call (800) 676-7042
EMAIL Sales (at) 180AssetGroup.com
TIM BONUCCELLI, Owner.
EMAIL TBonuccelli (at) 180AssetGroup.com
Call (800) 676-7042 x101
Fax (888) 390-7175
MARK FRAZIER, Sales Director/Manager.
EMAIL Sales (at) 180AssetGroup.com
Call (800) 676-7042 x105
Fax (888) 390-7175
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WORK FOR US: Apply for ON-SITE Asset Liquidation Management/Consultant opportunities with 180 Asset Group today.
We’re always looking for top-performing sales professionals to manage on-site FF&E liquidation sales across the USA. Our flexible, freelance consultant/contractor positions require sales, management, inventory skills, and some physical labor. Previous management or store fixture experience is a plus. Please email your resume to Sales (at) 180AssetGroup.com or call Human Resources at (800) 676-7042 x118
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180 SERVICES & DEPARTMENTS Contact Info
BUY ASSETS
Call (800) 676-7042 Ext. 110 • Fax (888) 390-7175
SELL ASSETS
Call (800) 676-7042 x112 • Fax (888) 390-7175
LIQUIDATION and AUCTION SERVICES
Call (800) 676-7042 x113 • Fax (888) 390-7175
ASSET APPRAISALS and VALUATIONS
Call (800) 676-7042 x114 • Fax (888) 390-7175
ASSET BROKERAGE
Call (800) 676-7042 x115 • Fax (888) 390-7175
FIXTURE REMOVAL SERVICE
Call (800) 676-7042 x116 • Fax (888) 390-7175
CORPORATE ASSETS SALES SERVICE
Call (800) 676-7042 x112 • Fax (888) 390-7175
ASSET STORAGE SERVICE
Call (800) 676-7042 x110 • Fax (888) 390-7175
ASSETS WANTED
Call (800) 676-7042 x110 • Fax (888) 390-7175
STAFF CONTACT INFO
Sales Department
Call (800) 676-7042 x110 • Fax (888) 390-7175
Human Resources
Call (800) 676-7042 x118 • Fax (888) 390-7175
Accounting
Call (800) 676-7042 x119 • Fax (888) 390-7175
Advertising
Call (800) 676-7042 x123 • Fax (888) 390-7175
ASSET RECOVERY TERMS & DEFINITIONS
APPRAISAL: Process used to determine current worth of an asset. Another term for valuation.
ASSET: Something valuable owned by an entity. In the FF&E business, assets are fixtures, machinery, equipment, rolling stock, retail store shelving, office furniture, and more. Assets have value, and can be converted into cash through an asset recovery or liquidation service.
ASSET RECOVERY: The process of selling or disposing of obsolete, surplus, or excess assets to maximize return, yet minimize costs and liabilities. Sometimes referred to as investment recovery.
ASSET REDEPLOYMENT: Reallocating unused or excess business assets to increase profits.
AUCTION: A selling method where a sale price isn’t set or negotiated, but achieved by the process of competitive, open bidding.
CORPORATE ESTATE: Total assets belonging to a corporate entity.
DISPOSITION: Disposing of assets by sale or transfer of possession.
DIVESTMENT or DIVESTITURE: Asset reduction or selling off assets for financial/legal reasons. The opposite of an investment. Also the sale of a business or a subsidiary of a company.
FIXTURES, FURNITURE and EQUIPMENT (FF&E): Business items with no permanent connection to the structure of a building, or equipment used to produce the product of the business. Retail store FF&E includes shopping carts, showcases, gondola shelving, POS equipment, grid wall, slot wall, and more. Office FF&E includes chairs, desks, file cabinets, computers, phone systems, corporate vehicles, and more. Supermarket FF&E includes commercial refrigeration, deli and bakery equipment, ovens, ranges, mixers, grills, and more. Warehouse FF&E includes forklifts, pallet jacks, pallet rack, rolling stock, walkie-stackers, conveyor, cardboard balers, flat carts, and more.
EQUIPMENT: Tangible property (other than buildings or land) used in business operation, i.e. machinery, store fixtures, office equipment, shelving, pallet rack, company vehicles, and more.
LIQUIDATION: Disposing or selling off business assets to convert them into cash.
VALUATION: Appraising or estimating the worth of assets with economic or monetary value, usually for insurance or sale purposes.