Online auction marketplace provides easy access to discounted capital assets for small business owners
WASHINGTON – May 27, 2008 – Small retailers, supermarkets, convenience stores, restaurants, bakeries, deli shop owners and remanufacturers now have easy, online access to purchase used and discounted capital asset equipment. Liquidation.com, a leading online auction marketplace for wholesale, surplus and salvage assets, today announced that is has added a new product vertical to its online auction marketplace to resell store fixtures and equipment from large retailers, convenience store chains and government agencies.
Liquidation.com’s online auction sales channel allows small business owners to quickly find great deals on a wide variety of capital assets to support the opening and growth of retail and chain store operations. Whether opening a brand new store or expanding a chain, purchasers can find fixtures and equipment to meet the needs of almost any business. Product categories include Deli & Restaurant Equipment, Bakery Equipment, Optical Equipment, Refrigeration & Heating, Automotive Repair, Food Prep, Security Equipment, Displays, Racking & Shelving, Building Maintenance, HVAC, Material Handling, Compactor/Baler, Carts, and Other Store Fixtures and Equipment.
Professional buyers are able to review photos and detailed product information through www.Liquidation.com and are given the opportunity to physically inspect assets in five warehouse distribution centers located throughout the United States, enabling increased buyer confidence for purchasing decisions. In addition, buyers benefit from reduced shipping and transportation costs within local and regional areas. Inspection and distribution center locations include Cranbury, NJ; Dallas, TX; Las Vegas, NV; Bentonville, AR; and Plainfield, IN. Bidding starts at just $100 for all auctions including single and multi-item lots.
“In addition to providing our buyers with access to a global supply of merchandise to resell in their own businesses, we are excited to now offer valuable capital assets necessary for business operations in several new categories,” said Bill Angrick, Chairman and CEO. “The nature of our online auction marketplace allows buyers to set the price for the goods they purchase, making every sale a great deal.”
Liquidation.com also offers over 4,500 auctions per week on bulk merchandise in a variety of categories including Clothing and Accessories; Jewelry and Watches; Computers and Networking; Consumer Electronics, General Merchandise, Housewares, Tools and Machinery; and Vehicles. Condition codes range from New, Refurbished , Shelf Pulls, Used, Consumer Returns, and Salvage.
About Liquidity Services, Inc.
Liquidity Services, Inc. (NASDAQ:LQDT) and its subsidiaries enable corporations and government agencies to market and sell surplus assets and wholesale goods quickly and conveniently using online auction marketplaces and value-added services. The company is based in Washington, D.C. and has over 670 employees. Additional information can be found at: www.liquidityservicesinc.com and www.liquidation.com.
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