H&J Closeouts has more than 30 years of experience in the closeout industry.

Wholesale Inventory Buyer

      We buy excess inventory from businesses
As a business that buys excess inventory from other businesses, you likely play a role in helping those businesses manage their surplus stock while also finding opportunities to profit from the acquired inventory. We are acting as a specialized intermediary, providing a solution to businesses that are facing challenges with excess stock management.
Our services involve:
    Liquidation Services: You offer businesses the option to sell their excess inventory to your company at a discounted price, providing them with a way to recover some value from their surplus stock.
    Storage and Warehousing: Your business may have dedicated storage facilities and warehousing capabilities to accommodate the excess inventory you purchase.
    Logistics and Transportation: We handle the logistics and transportation of the excess inventory from the selling businesses' locations to your warehouses.
    Reselling or Redistribution: Depending on your business model, you might either directly resell the excess inventory to retailers, wholesalers, or other buyers, or redistribute it to various channels for resale.
    Our company is specializing in buying seasonal excess inventory.
    Quality Control and Inspection: We have processes in place to inspect and ensure the quality of the excess inventory you purchase before offering it for resale.
     We take on the risk associated with holding and selling the excess inventory, providing the selling businesses with a more predictable outcome.
Building relationships with various buyers and developing a reputation for handling quality products.

The liquidation process can involve several methods:
    Discount Sales: One common approach is to offer the overstocked items at heavily discounted prices to attract customers and clear out the excess inventory quickly.
    Online Marketplaces: Businesses may use online marketplaces, such as eBay or Amazon, to reach a broader audience and sell the overstocked items at discounted rates.
    Bulk Sales: Selling the excess inventory in bulk to wholesalers or other businesses at reduced prices can help liquidate large quantities of products at once.
    Flash Sales or Daily Deals: Creating time-limited sales events or daily deals can generate urgency among customers and encourage them to make purchases.
    Off-Price Retailers: Some businesses may partner with off-price retailers, like discount stores or outlet malls, to sell their excess inventory.
    Consignment: In consignment arrangements, a third-party retailer agrees to sell the excess inventory on behalf of the original business, taking a commission from the sales.
The goal of liquidation is to reduce the excess inventory quickly and recover some of the investment made in those products. Liquidating overstock can help businesses free up valuable storage space, reduce holding costs, and generate some revenue to reinvest in other areas of the business.
However, liquidation may result in lower profit margins compared to selling items at their original prices. It's essential for businesses to carefully evaluate their options and choose a liquidation strategy that aligns with their goals and financial situation.