Liquidation Section
About Osman Auctions

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

Automotive Industrial Liquidators Email



Osman Auction Inc.
Tel: (780) 465-9691  Fax: (780) 469-5081  
Auction@OsmanAuction.com
Located in Edmonton, Alberta Canada.
Also serving Alberta and Western Canada and surrounding areas.
COPYRIGHT© 1995-2006 Osman Auction Inc.
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