BizAuctions-Lucky 7's Opens San Ysidro Retail-Outlet Store

SAN DIEGO, June 9, 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 Retail-Outlet in San Ysidro, CA has opened for retail business.

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

Delmar Janovec, BizAuctions' CEO, comments, "BizAuctions-Lucky 7's Retail-Outlet store in the San Ysidro Village Center, opened for business on Tuesday, June 7, 2011 at 3:00 p.m. (Pacific Daylight Time) and had sales of $3,615.00 for the opening half-day of business. We are extremely satisfied with the opening day sales as there have been very little advertising except for word-of-mouth through our loyal Hispanic customer base.  The customers were lined up at the door waiting for the opening of Lucky 7's Retail-Outlet store to take full advantage of our 20% discount being offered for name brand merchandise in the areas of clothing, general merchandise, and electronics. Based upon our opening day sales, the high retail traffic, and the demographics of this area, I firmly believe BizAuctions -Lucky 7's San Ysidro retail store could have sales from $5,000 to $10,000, per day, with the implementation of an effective advertising program. The store location is adjacent to Camino De La Plaza, a major avenue that feeds into Las Americas Premium Outlets, a newly developed complex of over 125 name brand retail-outlet stores and is 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. Mexican Nationals have largely contributed to the area's success as large numbers transverse the border daily, some even keeping a car on each side of the border in the enormous parking lots, for convenience of being able to walk the border crossing."  (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 expand due to 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.