BizAuctions-Lucky 7's Plans Opening of San Ysidro Retail-Outlet Store

SAN DIEGO, May 26, 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 the Landlord has made substantial progress with the tenant improvements (TI's) for the Lucky 7's Retail-Outlet Store located in San Ysidro, CA. and plans to fast-track the opening are underway.

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

Delmar Janovec, BizAuctions' CEO, comments, "In view of the progress of the tenant improvements for the BizAuctions-Lucky 7's retail-outlet store in San Ysidro Village Center, we anticipate completion by Friday, May 27, 2011, and foresee installation of FF & E and inventory shortly thereafter. The licenses are in place, the inventory is waiting, and we anticipate an opening of Saturday, June 4, 2011. The retail location is located 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. The San Ysidro 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 traverse 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 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.)

Due to the location of BizAuctions-Lucky 7's new Retail-Outlet store to this busy and expanding border crossing and the current sales trend of our Retail-Outlet store in Otay Mesa, we believe sales should range from $5,000 to $10,000 per day for the San Ysidro store. 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).

We have updated our BizAuctions-Lucky 7's Tour video of our operations that will be posted to our website. In view of the growth of our existing Retail-Outlet store in Otay Mesa, and the potential of this new location in San Ysidro, the remainder of 2011 should be very positive." (For, more information on this update, please view the attached link at http://www.youtube.com/watch?v=u5nbAZhhKFk)

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.