Services

Pickles has 50+ years’ experience in the auction business and an annual gross turnover of $2.7 billion. ​ Pickles’ branches are strategically located near hubs meaning we’re where the customers are. This, along with our deep expertise, means we can achieve high returns. ​​ Our traditional auctions are marketed across multiple channels – online, newsprint, industry – specific media, social media, television, radio, and email – to reach the largest network of buyers. ​

Running over a period of several days, online auctions are best suited for specialised assets and certain industries such as engineering, retail, and food processing. Our online buying service, PicklesONLINE, makes it easy for customers to bid on assets from their desktop or laptop in our regularly scheduled online auctions. Online auctions may be the best way to maximise the pool of potential buyers.

Sale by Expresssion of Interest (EOI)/Tender allows for the disposal of specialty items in a structured format. Pickles Advisory experts assess the value of the item and advertise it for sale. Our team is experienced with this structured sales process, including preparing tender documents, remarketing strategies, managing inspections, collecting offers and other sales assistance.

Fixed price sales are an effective way to dispose of some liquid assets, such as cars in good condition without sending it to auction. Pickles offers fixed price sales on fleet, government and repossessed vehicles online and on site at our branches to provide a seamless service for buyers. We offer finance, insurance, warranty, delivery and trade-ins. We also offer Buy Now on all fixed price vehicles giving customers the flexibility and convenience of purchasing a car online.​

As part of the valuation process, Pickles Advisory and Valuations can discuss with you a formal valuation guarantee for assets that will go to auction. Our confidence in our international valuations team and experience in remarketing assets to achieve the highest possible return gives us the ability to offer such guarantees.

When value can be maximised by selling assets in-situ – for example, for particular types of plant and equipment in the event of insolvency or a location closure – we organise Major Event In-Situ Sales. These sales allow buyers to inspect plant and equipment on location and deliver a higher overall return than disassembling the equipment and transporting it to our auction location.​

For clients with plant or equipment in service, Pickles Advisory offers a residual value underwriting services to protect against any downside risk in a decline in those assets’ residual values. This process removes the need for concern that changes in the marketplace will result in declining residual asset values in any particular class. ​

When there is a need for immediate liquidity, Pickles Advisory and Valuations offers asset buy-out services. This may include all assets or, in conjunction with a strategic evaluation of the business, the buy-out of certain less critical assets to inject liquidity into the business.​

Workplace Health and Safety (WHS) assessments for business include plant hazard reporting, site safety reviews and business trade-on reviews. These assessments evaluate any factors that may impact the health, safety, and welfare of those in your workplace, including customers, employees, contractors, visitors and others. Pickles has received several accreditations related to safety and environmental protection.

We are the only auction house in Australia with the AS/NZS 4801:2001 Safety Accreditation which we have received across all our branches nationally. AS/NZS 4801:2001 is used as the benchmark to assess occupational health and safety management systems in Australia and New Zealand with standards so rigorous that other countries have adopted the requirements as well. We also have received our Environmental Management System certificate reflecting our commitment to environmental risk management using the ISO 14001 International Standard for a structured management approach to environmental protection.

Designed to highlight areas of concern or caution, a pre-finance lending review can be helpful in providing both the purchaser and financier with the right financial information to minimise risk. Our Valuation team understands the need for expediency when tasked with asset finance valuations and display the required sense of urgency to ensure timelines are met.​

Whether valuing a single asset or multi-site business, we deliver accurate valuations and provide timely and succinct advice on the financial position of assets within a distressed business. We provide our clients with comprehensive asset registers for asset verification, identification, possession record purposes, and to assist with informed decisions in any potential restructuring of business asset portfolios.

Timely reviews of insurance values can ensure adequate cover for any unforeseen loss to a businesses’ operations. Our team of qualified and experienced valuers work with our clients to ensure their assets are neither over-insured, leading to higher premiums, or under-insured which will affect their ability to return to normal operations. With a strong understanding of the market and what’s going on, we’re in the right position to help you.

We can provide valuations of non-current assets for financial reporting requirements. This includes land, buildings, plant and equipment, infrastructure, library and art collections and heritage assets. Our team is well versed in the various accounting policy guidelines relevant to Federal, State & Local Government bodies and Not-for-profit entities. Our team has an in-depth understanding of the principles and application of all relevant Australian Accounting Standards such as AASB 116 and AASB 13. ​

Family law matters can be emotionally charged and regularly require a third party to provide a practical solution for asset advisory.  When our valuers are appointed to provide Expert Witness advice, the utmost sensitivity and discretion are always displayed. Our comprehensive reports are prepared to ensure that they are concise, self-explanatory and supplemented with supportive evidence. 

The Pickles Advisory team can help investigate potential firms, analyse the risks and benefits, financial modelling of the transaction, manage due diligence or handle negotiations. Our advice is rigorous, independent and tailored to provide you with the best possible outcome.​

Pickles experienced team of valuers can provide accurate and impartial valuation for all categories of plant and equipment to assist in resolving disputes and company dissolutions. Our reports are comprehensive, independent and timely with values supported by real data and sound valuation methodologies.​