Thursday, May 8, 2008

Close-out Liquidator

I purchased four pallets of designer handbags from Federated Liquidation inventory. The pallets of designer handbags were a mixture of overstocks and customer returns. I paid three thousand two hundred fifty for the handbags. I sold the overstock designer hand bags on ebay for a total of six thousand five hundred dollars. The customer returns designer hand bags i sold on the auction site liquidation.com. I made seven different lots. The total sales for the customer returns designer handbags was three thousand two haudred dollars. Ebay $6,500 Liquidation.com $3,200 ___________ $9,700 I Paid -- $3,250 Profit $6,450

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