Closing a store should be looked at as an opportunity! An opportunity to raise a large sum of cash fast. An opportunity to cut overhead and unload costly expenses. An opportunity to rid the company of stores that are a drag on the bottom line. An opportunity to get rid of a poor producing store or stores and the problems that go with them. An opportunity to spend more time and effort on producing stores to make them even more productive.
Our sales are designed to be profitable!
For well stocked stores we expect a $1.10 to $1.60 return on cost depending on the type of store and inventory mix. And we'll do it with class and dignity.
At Wingate Sales Solutions, we have closed thousands of stores and know the solutions to closing a store profitably. We know consumer buying characteristics and we have developed the sale tactics to maximize profit margins.
We know how to start the sale with a huge increase in volume, sometimes as much as a week to a month or more of sales the first day! And we do it with minimal markdowns. We know how to sustain a high volume with good margins until it's time to clean up the tail-end. We also help sell fixtures and equipment at no extra cost. That's just part of our job.
Once the sale is completed we will provide you with a large personalized customer mailing and email list. Use the list to pull loyal customers to other stores, for catalog mailing lists, direct marketing or other opportunities.
Why go to the expense of closing a store or stores and transferring the merchandise to other stores creating more merchandising and cash flow problems? We can close the store(s) profitably and save the headache. We'll quickly raise a large volume of cash and our fees will cost less than boxing it, shipping it to your distribution center or other stores, unpacking and redisplaying it. By this time some of it is damaged, out of season, shopworn and taking up valuable display space.
Why go to the expense of a self-conducted liquidation sale when our fees will probably cost less and we'll generate a whole lot larger cash return?
It doesn't cost anything to find out how we can help close a store or stores while raising more money and saving expenses. You may have more options and better opportunities than you think.
A Wingate Sales Solutions Store Closing Sale can liquidate inventory profitably and if wanted, sell fixtures and equipment to recover additional revenue. Money raised from the inventory liquidation of marginal or unprofitable stores can relieve a lot of pressure and make the entire chain more manageable and profitable.
For best results don't sell down the inventory or move merchandise to other stores. This is the merchandise that makes most of the profits and draws customers to the store. For even better results build up the best sellers and add good off-price merchandise to the inventory.
If you're thinking of closing a store, find out how we can help. Call 1-888-480-7253 — we welcome your questions, and we'll send you our free confidential information packet.
You owe it to yourself to find out how we can help!
Request a meeting for a liquidation evaluation of your store and explanation of the Wingate Store Closing plan — customized for your store. No cost, no obligation.