Looking for a category of salvage and closeout merchandise to retail? How about reselling a line of merchandise that everyone “must have”? When times are tough [as they are currently in our Country] the average family is continuously looking for ways to save money. If you think about it…when money is “tight” consumers can decide to put off purchasing name brand apparel or electronics, but food is a staple that we all must have to sustain life. If you are reading this blog chances are you have already or will eat sometime today.
The closeout and salvage food industry is a multi billion dollar option for consumers to turn to when times are tough. Small and large chain closeout grocers are springing up all around the Country selling products that manufacturers have discontinued, seasonal items that are outdated and goods that are near the date when manufacturers expect freshness to wane. Many such grocers also sell products that were damaged in transit but remain edible, such as a dented box of Cheerios. Prices tend to be significantly lower than those at conventional stores and big discounters like Wal-Mart.
Do you want a steady stream of customers? Maybe retailing salvage food is the answer…..do you have a discount salvage food retailer in your hometown?
Salvage groceries including canned goods, dry cereals, pastas, food mixes and other food related items are sold to reclamation centers by large retail chains which deem certain items as “unsellable” do to several factors including: damaged packaging, short or near dating (close to expiration) or discontinued altogether. Often this merchandise is re-packed into Banana boxes and stacked on pallets ready to purchase at below wholesale pricing. Banana boxes filled with salvage food will typically sell for $6 to a high of $12 per box in quantity. Some pallet loads are manifested, but a majority of banana boxes are bought blind or “un-inventoried”.
Buying pallets and truckloads of banana boxed salvage food might be the “Niche” you have been looking for. You could sell at the flea market or lease a small storefront. A small store between 1,000 – 1,500 square feet could be adequately stocked with a truckload or two.
The Closeout Industry is your resource for salvage grocery distributors. We have completed the research spending countless hours on the telephone talking with reverse logistic companies, food wholesalers and salvage food liquidators. We have put together a list of the top fifteen salvage food contacts in the industry. Our list contains some of the largest distributors of banana boxed groceries in the Country. In addition to our list, we have compiled a huge 85+ page guide titled, “Starting a Salvage Grocery and Discount Store”. We are the first to offer an information packed book about the selling salvage food……..
