This was a long established store with declining sales. Two sisters purchased it five years prior to our sale. The sisters were absentee owners. They lived 40 minutes and 1½ hours away. They decided it wasn’t worth keeping open and hired us to liquidate it. Starting inventory was $110,000 and they brought in another $9,000 after the opening day. Our Pre-Showing ran almost $25,000! Later they pulled out $6,000 so the cost of goods to be sold was $113,000. Reported sales ran well over $140,000. Media advertising expenses were held to 2.7%. Our Fun Game kept people coming back and buying right down to the last day.
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