Sunday, September 14, 2008

Sears Surplus Wholesale Lots of Bs fulk Goodrom Circuit City

3 Wholesale lots arrived in a truck to my warehouse at the end of August. These wholesale lots were overstock and customer returns. The Sears truckload of liquidation electronics and wholesale bulk goods was from Circuit City and Sears.
A total of three wholesale lots were in the truck. One wholesale lot from Circuit City. The Circuit City wholesale lot was surplus overstock electronics. The Lot had eight pallets of consumer electronics including:
  • Five plasma T.V.'s
  • twenty four car stereo's
  • forty - eight digital cameras
  • twelve lap top computers
  • twenty one home theatre systems
  • three pallets of misc. electronics accessories.
Two other wholesale lots were on the truckload . The two lots from Sears liquidation inventory were General merchandise. Their were sixteen pallets of overstock and customer returns. I paid $22,000 for the three wholesale lots. This turned out to be a very good investment.
I sold the pallets of surplus merchandise to seven different customers for a total $38,600. I sold the last of the pallets yesterday. From the time the truck arrived until i sold the last pallet was 15 days. All sales were paid in cash. Two weeks more than 60% profit on my investment.

1 comment:

John David said...

My wife and I are wanting to open a wholesale business in our town. We are considering buying 3 or 4 truckloads. She wants to focus on items like: toys, games, tennis shoes, underwear, paper plates, matches, socks, bandana hankerchiefs, etc. There is a company in town called Lucky Dollar that buys by the truckload and sells like 35 million a year but they don't like to break it down to pallets. It looks like a truckload from sears worth 50K (retail?)costs 10K. He likes to sell by the truckload. We'd like to have a warehouse and break our stuff down to pallets and cases for local wholesalers/retailers. We're looking for advice from people that have done this before. We can be reached at johnmartzhomes@gmail.com. Thanks for any help. We were trying to reach that palletking or palletqueen too and others who know this business. We need help. How do we reach people on these sites. It doesn't look like emails are provided? Anyway. Thanks for any help you can give.