Farm and business liquidation in Middle Tennessee

When a farm or business winds down, a farm equipment liquidation auction sells the whole operation in one planned sale, lot by lot, from tractors and implements to walk-in coolers and hand tools. The job at Common Hour runs from inventory and catalogue through the sale itself, and what is left goes to scrappers, metal buyers, bulk buyers and cleanout crews. You get one plan for the whole job, while your attorney or CPA handles the legal and tax side.

Request a consultation Tractors, tools and business equipment lots

Is this the right fit?

Liquidation fits when the whole operation has to go, not one machine: a farm winding down, a restaurant or shop closing, a lease ending, or an estate, divorce or court-ordered sale that calls for transparency. It is the wrong method for a few common items with a clear market price, or for an owner in no hurry who can sell pieces one at a time. If a lender, a court or a partner has a say in what sells, talk with your attorney or CPA first.

How it works.

Start with the deadline
Tell us what has to go and what date is driving it: a lease end, a court date, the end of a season. We look at what the job takes and tell you plainly whether auction fits before we accept it.
Clear the paperwork first
Anything pledged to a lender, or tied to an estate or a court case, may need sign-off before it sells. Your attorney and CPA handle that part. What we need to know is what is free to sell.
Take inventory and build lots
Someone has to go through the barn, the shop or the kitchen and list what is there, and that is us. Tractors, balers and ranges sell as single lots. Hand tools, parts and smallwares can sell grouped.
Run the sale
The sale is marketed nationally and held online, on site or both. Bidders inspect on their own, and everything sells as is, where is, with all faults.
Collect payment and move it out
Buyers pay in full within 24 hours of the close, through the escrow agent, and lots are released after payment clears. Each buyer brings their own transport and labor and removes the lot in the published window.
Clear what is left and settle up
Scrap goes to scrappers and metal buyers, bulk goods to bulk buyers, and the remainder to cleanout crews. Then we settle up with you.

Who handles what.

Common Hour handles

Taking inventory of equipment, tools, fixtures and stock
Building lots that make sense for bidders
Marketing the sale nationally and running it online, on site or both
Routing payment through the escrow agent
Publishing the pickup window for buyers
Placing what is left with scrappers, metal buyers, bulk buyers and cleanout crews
Referring specialty items to other auction houses and specialists

You handle

Telling us about liens, leases and any lender or court requirements
Keeping titles, manuals, serial numbers and maintenance records together
Leaving equipment in place and reachable for cataloguing and pickup
Handling payroll, vendors, permits and final filings with your CPA and attorney

How fees work.

Sellers see the commission before they commit: it is set at the auctioneer's discretion and depends on what you have, where it is and what the job takes, including clearing what does not sell. Bidders pay the standard buyer's premium of twelve percent of the hammer price under Common Hour's auction terms, unless modified in writing for a particular auction.

Commissions and fees are not set by law and are fully negotiable.

Questions about farm and business liquidation.

Where can I find farm equipment auctions near me?

Any farm equipment sale Common Hour is running appears on our auction listing pages, with its pickup window and Special Terms. Most sales run online, so you can bid from anywhere, but the machine stays where it sits. Go see it first, and plan how you will haul it.

Do you run a farm equipment auction in Tennessee for just one or two machines?

This service is built for a whole operation. One or two machines are usually a better match for a vehicles and equipment sale. Send photos and serial numbers, and we will tell you which way to go.

How does a restaurant equipment auction in Tennessee work?

Ranges, hoods, walk-in coolers, tables and smallwares get catalogued where they stand. Bidders inspect on their own, and the sale usually closes online. Buyers pay in full within 24 hours, then disconnect and remove what they bought in the published window with their own labor. Tell us early about your lease and any landlord rules on access.

Can a business liquidation auction in Middle Tennessee work around my lease date?

Tell us the lease date on the first call. We look at what the job takes, say plainly whether there is time, and do not promise a date we cannot meet. The earlier you call, the more room there is to work with.

What happens to whatever does not sell?

In a full engagement, that is part of the job. The rest goes to scrappers and metal buyers, bulk buyers and cleanout crews. If something belongs with a specialist or another auction house, it goes there instead.

Who collects the money and the sales tax?

Buyers pay the hammer price plus the premium to the escrow agent, and Common Hour does not take direct payment. Tennessee sales tax is collected on personal property unless the buyer gives a valid resale or exemption certificate. Your CPA can tell you what the sale means for your own taxes. Commissions and fees are not set by law and are fully negotiable.