BizAuctions-Lucky 7's Encouraged by San Ysidro Retail Store's 1st Week Sales

SAN DIEGO, June 15, 2011 /PRNewswire/ -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay and Amazon liquidation services for excess inventories, overstocks, and returns, announced today, BizAuctions-Lucky 7's San Ysidro Retail-Outlet store sales for its first week a success.

(Logo: http://photos.prnewswire.com/prnh/20110210/LA45929LOGO)

Delmar Janovec, BizAuctions' CEO, comments, "We are extremely encouraged by the first week sales generated since the opening of the Lucky 7's retail store in the San Ysidro Village Center on Tuesday, June 7, 2011. Sales of approximately $22,083.00, an average of $3,154.71, per day, for this first week represents an excellent start for our new retail outlet location at 4350 Camino de la Plaza, San Ysidro, CA, South of San Diego. The Lucky 7's merchandise consists of named brand clothing, general merchandise, household items, and electronics, all at affordable prices below typical retail pricing. Based upon the first week of sales, the high retail traffic, and the demographics of this area, we anticipate that BizAuctions -Lucky 7's San Ysidro retail store can reach daily sales of $5,000 to $10,000 with effective advertising and promotion. The Lucky 7's retail store is adjacent to the Camino de la Plaza avenue, which feeds into the Las Americas Premium Outlets, a newly developed complex of over 125 name brand retail-outlet stores and within one half mile of the San Ysidro USA-Mexico border crossing, where the 5 Highway crosses into Mexico. This border region has proven to be a boom retail location that's weathered the economic recession with some stores claiming sales as high as $500 per square foot. (For more information on Las Americas see at http://sandiego.about.com/od/shopping/a/outlets.htm.)

The San Ysidro USA-Mexico border crossing is the world's busiest Land Port of Entry (LPOE), and has a daily northbound traffic of 50,000 vehicles and 25,000 pedestrians with an expected increase of 50% by 2020. (For more information see the following link at http://www.gsa.gov/portal/category/21521.)

The BizAuctions-Lucky 7's customer base continues to grow due to our loyal Hispanic consumers, advertising in the Hispanic publication, CUPOMANIA, billboard advertising with our 1st billboard in Mexico at the Otay Mesa USA-Mexico border crossing, and the growing demand for name brand products that are at reasonable prices. (For more information on the billboard, see the following link at: http://i746.photobucket.com/albums/xx102/bizauctions/Advertisement/IMG_1483.jpg).

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/

ABOUT BIZAUCTIONS – ADDRESSING THE $60 BILLION PROBLEM

BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of eBay and Amazon commercial liquidation services for excess inventory, overstock items, and returns.  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, 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 eBay and Amazon liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory.  

The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2010-2009, and the quarterly statements filed in calendar year 2010, 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.