BizAuctions Outlet-Retail Sales Gain in November

SAN DIEGO, Nov. 30, 2010 /PRNewswire/ -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay and Amazon liquidation services for excess inventories, overstocks, and returns, announced today that November sales for the Outlet Store have increased marginally over October.

Delmar Janovec, BizAuctions' President, remarks, "The Outlet-Retail store is continuing to make great strides with November sales at approximately $41,505.00 through the 27th of this month. The increase was approximately $5,288 or 14% over October sales for the Outlet Store, and $15,540 or a 60% increase over September sales, and with two (2) typically high-volume days remaining for the month of November, we should see sales approaching $45,000 or more for the month. The Outlet Store sales have steadily increased since the opening in mid-August of this year as the Company continues to broaden its customer base with loyal customers that enjoy purchasing name brand merchandise at prices significantly below retail. Our customers truly appreciate BizAuctions' pricing and the variety of name brand merchandise that is offered in the areas of clothing, household items such as refrigerators, washers and dryers, vacuums, linens and bedding items, and name brand electronics such as Sony, Toshiba, Panasonic, Samsung, Sharp, and Vizio -- all at prices significantly below retail. With the progress BizAuctions has experienced since the opening of the Outlet-Retail store, and the fast approaching Holiday season, the month of December should prove to be a solid month for the Company." (For photos of our current Outlet Store, please view the attached link at, http://www.bizauctions.com/outlet/ )

"BizAuctions recently closed its retail store in the Chula Vista Center, in anticipation of opening a new larger location in the San Ysidro area, and under the name of 'Lucky 7's Outlet', in order to sell its name brand higher-end clothing such as Polo, Ralph Lauren, Buffalo and Lucky jeans, Ed Hardy shirts, PING sports apparel, O'Neill, and other name brands, general merchandise, appliances, and some electronics that will generally bring higher retail prices at Lucky 7's Outlet versus its customary eBay and Amazon business platforms," noted President 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 eBay 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 platforms.  

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, 2009, and the quarterly statements filed in calendar year 2010, and 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.