This is the first choice for most retailers, but it's also the least viable.

• Can you find a buyer who can actually afford to buy your store?
• Can they get the financial backing?
• Can they pay back their loan and still draw a salary based upon predicted sales?
• What will they pay you for your inventory?
• How long will it take to find a buyer?

Sell the business to family

Certainly, this is an option for a limited number of retailers.

• First, you must find an heir who wants to go into the family business.
• Second, you must objectively qualify them just as you would any buyer. Do they have the necessary expertise and financial background to make your business successful?

Declare bankruptcy

No retailer wants to go this route. If you are insolvent or nearly so, call us for help. It may not be necessary to declare bankruptcy.
 

Hire Blue Hound Auctions, LLC

This is the only logical choice for most retailers.

• Sell your inventory to an already established market - your present customers & people who are there to purchase your items in particular.
• Call us to discuss any of these four exit options - we can give you the advantages and disadvantages of each method and then you can decide for yourself which is the best path for you.

Don't even think about it

We don't even mention liquidating the store by yourself. Over the years we have watched many retailers try to do their own liquidation. Each would have done better getting help from professional liquidators. It is not unusual for us to receive phone calls from retailers who say, "Can you come and help us out? We started a liquidation, but it isn't working."

At this point, it's too late. Regretfully, we must say, "When would you like to have the auction?"

Many people believe that your store has to close in order to benefit from auctions.  Auctions can be used for several reasons:

• Clear out last years styles
• Make room for new inventory
• Get rid of old equipment for new

However, we understand unfortunately under some circumstances that stores sadly have to close.  Blue Hound Auctions can assist you in meeting your goals by having the auction on site.

You can trust Blue Hound Auctions for all of your Business Liquidation & Inventory Reduction needs!

Retailers, franchises, and warehouses contact us to promote the auction method of marketing and maintain the highest standard of professional auction services to the industry, with a proven track record and integrity for a decade.

Specializing in: Business Liquidations, Inventory Reductions, State, County, Governmental Surplus, Law Enforcement Agencies, Financial Institutions and Bankruptcy.