I paid less than $4000 for half a million in inventory - 204 pallets!
Flip Fusion
60,220 views
Bankruptcy auctions. You’ve maybe heard me talk about them before, but they’re the best type of auction you can find.
The owner of this company did some naughty naughty things and had this company and several other companies seized. Everything goes to auction and usually sells without reserve. It’s about the only way you can get deals THIS good.
This will likely go down as my best business purchase ever!
20 Comments
They'll be desperate for the stock if it was their only source of parts, and you'll get a much better price (and so will they) so everybody wins!
Failing that, it's gonna make a bunch of money in scrap no doubt.
Amazing what you come across!
Congratulations from Australia 🇦🇺
I also would have just rented a Penske box truck with a lift. Much easier to move those pallets, even restack the ones you have. Much less stress on the body loading and unloading them individually.
I paid less than $4000 for half a million in inventory - 204 pallets!
Flip Fusion
60,220 views
Bankruptcy auctions. You’ve maybe heard me talk about them before, but they’re the best type of auction you can find.
The owner of this company did some naughty naughty things and had this company and several other companies seized. Everything goes to auction and usually sells without reserve. It’s about the only way you can get deals THIS good.
This will likely go down as my best business purchase ever!