When a business is forced to close its doors there is always a critical time deadline involved. Typically the retail store closing will advertise a final day to shop and markdown inventory lower and lower as that day draws near. This is an excellent time for the reseller (you) to step in and purchase merchandise and/or store fixtures at rock bottom pricing.

I remember when a store chain, back in 2003, called Troutman’s closed the local location in my hometown of Chico, California after filing for chapter 11 bankruptcy. I was there on the very last day and bought the last of their inventory and dozens of retail fixtures. My purchase consisted of apparel at 95% of retail and dozens of apparel round racks. When you can purchase merchandise to resell for nickels on the dollar…your business will benefit tremendously.

Finding wholesale merchandise at liquidation sales and store closings represents a great way to increase the profits in your business. When shopping at a going out of business sale negotiate with the store management or owner requesting further discounts for quantity purchases. Keep in mind that the store you are buying from is probably trying to move as much inventory as possible so all offers should be fair game.

I routinely watch our local newspaper for liquidation sales and when I am driving around I pay particular attention to stores that have brightly colored (often neon colored) signs advising of a Store Closing. If you come across a a legitimate store closing sale be prepared to find merchandise for your business at incredible pricing.

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Our article on Salvage, distressed and surplus food discount reselling proved to be very popular. Hundreds of search engine inquires are flooding in with many questions from entrepreneurs who want to get a piece of the pie (Pardon the pun). It is my impression that due to rising gas prices consumers are not only paying more at the pump, but also more at their neighborhood grocery store. When fuel costs go up a wave can be experienced as trucking companies must increase pricing for shipments which in turn increases distributors costs and results in higher prices on your local grocers shelves.

 

Discount food outlets are booming with customers as the average American family is finally being forced to lives within tight budget. When dollars are thin smart consumers know deals can be found at discount and salvage grocery stores. This is where you the entrepreneur comes in. If you are looking for a great business to open…this just might be the direction you should head into.

I would suggest you do some market research in your own hometown to see what kinds of discount food sellers are already open for business. if there are stores currently in your market it would be best to pay them a visit and see how they merchandise, what they sell and ascertain whether or not you could compete with them for a client base.

 

If there are presently no salvage food or discount food stores in your city or town, you might be able to corner the market. I would suggest organizing a business plan and getting started as soon as possible. While there are several salvage food distributors across the country selling mixed banana boxes filled with dented canned goods, near date packaged food and closeout health and beauty aids it would be prudent to also secure some suppliers of deeply discounted wholesale and closeout foods as well.

Food is defined as “Salvage” for several reasons including defects in packaging or being close to or past a products expiration date. Closeout food will typically fall into the category of excess or unsold stock which is liquidated to recoup cash flow. A store filled with salvage food will prove to be very profitable for anyone looking to operate a successful business. Add a few aisles of general merchandise closeouts and watch your business grow!

Resources for discount salvage grocery stores:

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……..

Get further information about our supplier list and 85+ page guide today!

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