The
term turnkey refers to something that is ready for immediate use and describes
the sale of goods or services as well as the sale of properties that are finished
and ready to move in to. Thus the only
thing an owner of a “turnkey property” needs to do is to simply put the key in
and turn it.
The
term is also used in investment real estate for the sale of already established
businesses. In this type of sale, it typically
includes all of the necessary equipment along with the experienced employees to
continue to run the business. Turnkey
properties will vary from the level of involvement required from the new owners
and many real estate turnkey investments need little or no maintenance other
than to collect the monthly check.
Over
the last several years turnkey properties have become increasingly more popular
with investors and offer a unique opportunity for both the seller and
buyer. In many situations, an auction or
liquidation sale is not in the best interest of the owner and doesn’t make
sense from a financial perspective to liquidate a business that still has value.
An
example of an excellent turnkey investment opportunity is the marketing for
sale of an existing facility which is not only running smoothly but is also
doing well financially. It may be the
business just needs an influx of new capital and/or a managerial direction. Nonetheless the business will generally realize
a higher value if sold as a turnkey.
At
Rabin we offer turnkey sales throughout North America and actively market and
sell companies in their entirety, including equipment, inventory, intellectual
property, customers, and often the attached real estate. We have the ability to navigate through all
the aspects of a complex sales process to give clients a compelling
one-stop-shop value proposition. With a unique
combination of financial strength, diversified experience and unparalleled
professional expertise, we have the experience and flexibility to take on a
deal of any size and of any complexity.
Rabin is an international company
that specializes in creating liquidity for complex manufacturing facilities
with idle or marginally productive assets.
Rabin’s operations include selling entire plants, multiple plant
locations, or surplus individual items by auction or liquidation and much more.
Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward,
and the Railway Express Agency.
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