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INTRODUCTION
Osman Auction Inc. is a leading Alberta public
auctioneer of automobiles, industrial equipment, and liquidators of
commercial goods, providing consignors (sellers) with a liquid market,
and consumers (buyers) with surplus corporate assets and distress
merchandise at public auction pricing.
BRIEF HISTORICAL COMPANY OVERVIEW
Incorporated in 1983, Osman Auction Inc. has
gained a solid reputation in the public auction marketplace. Osman
Auction Inc. has been conducting regularly scheduled public
automotive, and light industrial auctions in the Edmonton and
Alberta market for the past 18 years. In June of 1998 the
Corporation changed ownership, and new management was installed at
key levels of the organization.
Since then, the Company has
incurred substantial growth through a focused sales strategy
of positioning itself as the leader in the Alberta auction market
through long-term exclusive and non-exclusive contracts with
major
corporations and private companies. To ensure a consistent strong
market for its consignors, Osman Auction Inc. has employed an
aggressive marketing campaign that currently draws customers
from
across western Canada and The United States.
Our goal is to be the industry leader in the public auction of
automobiles and industrial equipment, and liquidators of
commercial commodities by providing companies with a one-stop-shop
to liquidate assets, while providing consumers with a fair forum
to purchase merchandise at public auction pricing. – Sam Osman,
President
Building on its success to date, Osman has recently entered
into the liquidation auction market with Osman Auction Inc.
Liquidation Division. The regularly scheduled monthly-unreserved
liquidation auctions conducted by the liquidation division have
been very well received by the local market. With the addition
of Osman Auction Inc. Liquidation Division to it's existing
automotive and industrial divisions, Osman Auction Inc. now
provides companies and individuals with a "one-stop-shop" to
liquidate their vehicles, industrial equipment and commercial
commodities. This business concept has resulted in significant
market share gains for the company.
Until one minute prior to the auction, we are working for the
buyer to obtain as much merchandise as possible, priced right for
the sale. The minute the auction commences, we are working for the
seller to achieve the highest price possible that the current
market will bear. (R.W. Allen, mentor) “This philosophy has proven
very successful for the growth of our company.” – Andrew McEown,
General Manager
AUTOMOTIVE DIVISION
The automotive segment of Osman Auction Inc.
operations includes a biweekly public vehicle auction sales scheduled
every Wednesday evening at 6:00 p.m. and Saturday mornings at 10:00
a.m. plus 10 regularly scheduled automotive and recreational based
Super Sales. This continuous format allows the Corporation to provide
auction services to a broad range of customers that are either buying
or selling merchandise in a venue that is continuous.
On average,
Osman Auction Inc. re-markets 400 vehicles per week with their regular
biweekly sales and an additional 800 to 1,200 vehicles in the monthly
super sales.
UNRESERVED INDUSTRIAL DIVISION
The industrial division offers up to ten
unreserved Industrial auctions per year. Since this division was
added to Osman's operations in January 1999, auction sales have
grown from an average $400,000 per auction in 1999 to over $1.5
million per auction in 2003. The industrial component of Osman
Auction Inc. has made the Corporation the auctioneer of choice
for many large companies wanting to deal with one auctioneer
by
disposing fleet vehicles, industrial equipment and commercial
commodities at one convenient location.
UNRESERVED LIQUIDATION DIVISION
As of January 1, 2004 Osman Auction Inc.
Liquidation Division, has consolidated operations and will strictly
focus the efforts of the division on our Unreserved Commercial &
Industrial Commodity Auctions for this venue.
The Liquidation Division is focused on providing a consistent venue
for the liquidation of large quantities of shop tools & related
Industrial items. This offers our valued consignors a heavily promoted
auction venue where their assets are professionally merchandised &
catalogued in a large clean indoor environment.
The Liquidation Division offers purchasers a separate auction day
dedicated to an uninterrupted Unreserved Auction venue where
individuals can focus pursuing merchandise with out the worry of
missing items of Industrial rolling stock they may be also interested
in.
PROVEN TRACK RECORD
The Corporation's marketing campaign has been
one of the key factors contributing to Osman’s growth. Osman
takes
advantage of its three divisions to cross-market each venue. This
is achieved by mailing a full colour brochure for each super
sale
to approximately 30,000 businesses and individuals, listing the
industrial and automotive goods to be sold. The brochures are
also
strategically placed at every Osman location to promote each
division to already-qualified customer leads.
PARTICIPATION
Whether you are in the market as a potential buyer
or seller we would be delighted to discuss your needs with you. Drop
an email or call us toll free 1-877-257-SOLD (7653) / (780) 465-9691
FAX (780) 469-5081
Thank-you, Management and Staff, Osman Auction Inc
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