Excess Inventory Buyers
When you’re going out of business, chances are there are going to be banks that are going to be involved in this process. They will send over their reps to help close down your store and account for inventory that is left over. These reps are known as asset recovery professionals. Their job is to make sure that the products and inventory that is left behind gets sold for some cash to recover the losses taken by the bank. Their job is to find a Bulk Inventory Buyers or Closeout Buyers to help take the inventory that is left over.
Things you can do to make sure you are ready is knowing what you have available.
Step 1: Create a manifest
Step 2: Before the bank’s asset recovery professionals get involved. Try and find someone to help liquidate this load of products yourself. (Only if it's allowed. Do NOT liquidate if the goods have a lien on them)
Step 3: Search for Excess Inventory Buyers to come in and help liquidate your inventory.