EAAuctions is a family run, Australian owned and operated re-marketing, traditional and online auction valuation company with online web broadcasting capabilities. EAA specialises in the project management, auction and valuation of business assets, plant equipment and retail stock disposals via our Auction systems.
EAAuctions provides clients with unparalleled service in the dispersal of accurate, up to date and in-depth information that allows clients the comfort to make an informed decision in relation to their particular business requirement. Armed with this information, together with our many years of experience, we can suggest the appropriate approach we believe would ensure the greatest return on investment.
Although it will always be argued that a well advertised and conducted physical auction will offer an accurate reflection of an assets true market value, and every method has been made by traditional means to get the maximum number of buyers for our sellers, it sometimes is not enough in today's forever changing economic landscape. With technology always changing, EAAuctions believes it has positioned itself strongly to compete in the forever transforming online field of sales with the introduction of both Traditional Auctions Broadcasted Live Online and Static Online Auctions for set periods of time. Many years have gone into developing a pty built solution that ensures no matter what task you require in relation to your disposal needs, your asset will always reach its target audience.
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Eaauctions Have been very active within the auction industry for the past 16 years, our staff are experienced in almost all types of Australian businesses, however unlike others, we will concede that no one company can profess to know all things about all industries. It is with this concession that we implore all of our staff to treat each clients needs on their merit and call upon all of our resources, whether they be internal or external to best facilitate our clients needs.
History of Essendon Airport Aucitons
Essendon Airport Auctions was incorporated in 1995 by Mr. A Raynes & Mr. J Ferguson. It originally commenced operations from a shed (approx 2,000 Sq Ft) shared with a mechanical services business on the corner of Lionel & Nomad Streets Essendon Airport. A corrugated iron dividing section was erected to separate the 2 businesses.
Within 3 months of commencing operations A Raynes purchased the 50% shareholding held by J Ferguson, giving A Raynes 100% ownership. Ferguson left the business, leaving Raynes to run the business on his own, which meant organizing the items to be auctioned, lotting the sale, and delivering the items sold, reconciling the sale and attending to the day to day running of the business.
Early 1996 Raynes's eldest son Luke joined the business and is still here today, 1998 saw Raynes's second son David join the business he is still here today. Late 1998 saw the youngest son of Raynes join the business Adam is still here today. All 3 sons are integral in the running of the business and are shareholders in the holding company Raynes Bros Australia Pty. Ltd.
In 2000 the business moved to 111, Lionel Street, Essendon Airport. This was a major decision for the business to make, as it obviously meant significantly increased overheads. The new shed was a 4 times the size of what it had been used too, and it also had approx 1 acre of hardstand, where the business could store larger items of plant & equipment. From the commencement of business 2000 the business has flourished in terms of achieving results its vendors demanded, and took the business into one of the top auction houses in the state.
Between August 2007 and March 2008 the business had to relocate to a temporary address at 83, Hammond Street, Essendon Airport, and we would like to take this opportunity of wishing well the directors of Essendon Airport Limited in their further development of a very exciting business park at Essendon Airport.
n 2006 the airport authorities mooted a new business plan for the airport, that meant the site that the business was trading from was to be demolished and that it would relocate the business to a new site on the airport, at an increased rental from what it had paying. So discussions were held, and a decision made to acquire 5 acres of land in Steele Court, Tullamarine and build a purpose built facility where the business now trades from.