This was a difficult situation as the lease had expired and we only had 3½ weeks to liquidate the inventory. Starting inventory ran almost $270,000. Due to the short length of time we had to start the sale with about a 10% deeper discount than normal. The first day of our Pre-Showing we had a line of customers four deep a block long waiting to get in. Sales that day ran over $96,000 so they bought another $42,000 in fast turning merchandise. Reported gross sales ran well over $435,000, plus another $18,000 in fixture and equipment sales. This was a long established store open to the public and in recent years had developed a strong on-line business. It had a 70,000 customer email list which we used extensively. Consequently, we did not use any newspaper, radio or TV advertising. NO media advertising expense!
Contact Wingate Sales Solutions
If you are considering closing a store or evaluating liquidation as an option, start with a private, no-obligation conversation. There is no pressure, no commitment, and no cost to understand your options.
Request a FREE consultation. All information is confidential and tailored to your store.
(888) 480-SALE 
P.O. Box 48294