Tuesday, April 15, 2008

Liquidation of Target Department Stores Electronics surplus

I just finished a small lot of seven pallets of surplus electronics from Target Department Store. This small lot of surplus electronics was full of Ipods,portable dvd players,car audio systems and plasma and L.C.D. T.V.'s.
I paid fifteen thousand dollars for the seven pallets of surplus closeout electronics. The lot of electronics was manifested. The merchandise was closeout or discontinued. With how fast technology increases that is only about six months before an item becomes old technology. People still want the surplus electronics.
I sold all the electronics to six retailers . The total for all the surplus electronics was twenty nine thousand. All sales were cash. All wire transfers were in my account within twelve days from my purchasedate. This was a valuable investment for me.

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