Wholesale liquidators are suppliers who have large amounts of surplus wholesale merchandise. Many quality liquidators work with name brand retailers to purchase their extra inventory at low rates. This extra merchandise can be from customer returns, seasonal changes, overstocks, or imperfect qualities. Liquidators handle the items major retailers no longer wish to sell.
Liquidators purchase this excess inventory in very large quantities, so these companies typically have warehouses to accommodate many pallets and truckloads or products. Retailers, such as flea vendors, then buy these pallets and truckloads of merchandise at rates well below regular wholesale.
Flea market vendors and other retailers purchase merchandise from liquidators in larger quantities, such as cases, pallets, or truckloads so the liquidators can pass on the low prices. The quality of products can range from brand-new to like-new, returns, all the way to salvaged merchandise. Returns and salvaged merchandise can offer flea vendors the best value and largest margins if you can put more effort into repairing and repackaging products. Brand-new products and like-new products are a perfect fit for sellers who want their merchandise to be retail ready with little to no effort.
Closeout suppliers are very similar to liquidation suppliers. They have a limited and large amount of a particular product they are looking to sell at a highly discounted rate. Similar to liquidators, closeout merchandise is usually overstock or out of season merchandise.
Closeout and liquidation suppliers are a critical resource for flea market and discount retailers. Having competitive prices is crucial to your business. Sourcing from closeouts and liquidations allows you to purchase in-demand goods at rates way below regular wholesale, which you can then resell at price points below your competitors, without sacrificing your profit margins.
Here are some of The Merchandiser Group’s favorite closeout and liquidation suppliers. They have steady flows of popular products from a variety of categories at the lowest prices, and years of experience in the reverse logistics industry.
All Stars Wholesale
235 Giles Industrial Drive
Tazewell TN 37879
20200 W. Dixie Hwy #1007
Miami FL 33180
2830 Ladybird Lane
Dallas, TX 75220
145 Liberty Hall Road
Goose Creek SC 29445
The Bargain Warehouse
5033 Dick Pond Road
Myrtle Beach SC 29588
Tel.: 866-372–6950 or 843-750–0580
1000 East Sugar Creek Rd
Charlotte, NC 28205
Tel.: (704) 371 – 4220
5 Penn Plaza, 19th Floor, New York, NY 10001
80 S.W. 8th Street, Suite 2000, Miami, FL 33130
3901 Arlington Highlands Blvd, Suite 200, Arlington, TX 76018
7414 Hwy 359 E, Laredo, TX 78043
184 Executive Drive, Rutherfordton, NC 28139
Tel.:1 (833) BUY-LOTZ (289-5689)