BizAuctions Ramping Up Consignment Services for Major Retailer
SAN DIEGO, March 4 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks, returns, and consignment services for major retailers is regaining interests again in the liquidation of commercial-industrial equipment.
Delmar Janovec, CEO comments, "BizAuctions, a Titanium Powerseller, through its eBay store name: BusinessAuctions Inc, is finding renewed interests for the sale of good used commercial-industrial equipment. We have had numerous discussions with some of our current retail clients for the liquidation of their used commercial-industrial equipment. The retailers have equipment in its 4th or 5th years of utilization in kitchen-bakery areas and are in the planning stages for replacement of that equipment. Based upon preliminary discussions with our retail clients it appears this calendar year could prove to be a good year for BizAuctions consignment services. We currently have a couple of commercial-industrial equipment listings and anticipate seeing that number growing over the course of this calendar year. BizAuctions earns a rewarding commission once the item has sold and facilitates every step of the process from researching the item, taking detailed pictures, writing descriptions, answering customer questions, collecting payment and shipping for our clients. Our current and past clients have been fully satisfied with our services and management believes based upon that performance we can offer this service to other businesses that have used industrial equipment to liquidate. Please view the following link for this equipment at; http://cgi.ebay.com/Alto-Shaam-Combitherm-7-14-Steamer-Convection-Oven- DBL_W0QQitemZ350324242521QQcmdZViewItemQQptZBI_Commercial_Ovens_Ranges?hash=item5190f3b859
"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay, Amazon and Lucky 7's retail store on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay and Amazon, and Lucky 7's retail store," continues Janovec.
BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide commercial liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay and Amazon, and Lucky 7's retail store.
More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at [email protected] or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/tour.shtml
ABOUT BIZAUCTIONS – ADDRESSING THE $60 BILLION PROBLEM
BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of commercial liquidation services for excess inventory, overstock items, and returns through eBay and Amazon, and recently opened Lucky 7's retail store. Our clients have included some of the Nation's leading retail names at the forefront of their industries.
BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay and Amazon, Lucky 7's retail store, and collecting payment.
We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space.
With a long-term strategy to provide commercial liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay and Amazon, and its Lucky 7's retail store.
The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2008, and the quarterly statements filed in calendar year 2009, at www.PinkSheets.com
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.
SOURCE BizAuctions, Inc.
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