In mid-January we completed the closing of a $90,000 cost inventory hobby store. Upon our recommendation the owner purchased another $6,000 in good merchandise. (He should have purchased three times that amount!) Reported gross sales ran $108,450, plus fixture sales of over $9,800.
In April, we completed a Retirement/Quitting Business Sale for the owner of three Gold Crown Hallmark Stores. The sale opened on a cold, windy, snowy day in February. Due to severe weather many stores in these strip centers didn’t open that day. Even so, our Pre-Showing had customers waiting in the parking lot for our … Continued
We just completed the closing of a long established building materials, garden supply and hardware store located in a suburb of Washington, D.C. The owner had sold the free standing location and had to liquidate the inventory, fixtures and equipment as quickly as possible. In a letter to us, the owner commented: “Owning and managing … Continued
Last week we started a Store Closing Sale for a $50,000 cost kitchen gourmet gadget and gift store. No major appliances were involved. The store was a low volume store averaging a little less than $200 a day. During store preparation our Consultant asked the owner what she expected to do on opening day. She … Continued
We just started a Store Closing Retirement Sale for a very nice $208,000 cost gift store. A 5,000 piece pre-showing was used to start the sale. After the first day our Consultant emailed: “We had over 80 people lined up 15 minutes before we opened. I went out and talked to customers and answered questions … Continued
We just completed the successful liquidation of a very small low volume Play It Again Sports store. The inventory was sold down and short of fast turning profitable selling merchandise. We opened with a small Pre-Showing and sales opening day ran over $3,400. Gross sales ran 102% of inventory cost. Had the inventory not been … Continued
We recently helped a nine store outdoor gear and apparel chain close one of their stores. It was located in a large metropolitan area and had a starting inventory of $320,000. A 10,000 piece pre-showing was used to start the sale. First days sales ran just a few dollars short of $80,000. Management then decided … Continued
We recently completed a Retirement Store Closing Sale for a $505,000 cost department store in a small town in a very isolated area. Due to our liquidation program, the store’s good reputation and the client’s full cooperation, reported gross sales ran $707,000. Advertising expenses were held to a little over 1%.
A group of nine sports clothing and equipment stores located in three states employed us to liquidate their stores. The sale started early December and finished the last day of January. The sale was a great success grossing well over $1,000,000 more than needed. The sale could have been even more successful had suppliers not … Continued
Your Consultant worked with us to set up our sale schedule as soon as he arrived. He helped us maximize our margin dollars before the next markdown. He negotiated with the local newspaper for reduced rates for the ads he designed for us. His years of experience showed through with the timely suggestions he made … Continued