Selling my online relocatable wholesale business for pennies on the dollar
Giving my process away for free, selling the inventory approximately 4 Million to 5 Million items for pennies on the dollar based on what I was getting
HERE ARE SOME PICTURES
https://imgur.com/a/mjqB4There is approximately 4 Million to 5 Million items.
I have been wholesaling large lots of inventory starting about 15 yrs ago for as much as $220,000+ per deal.
The inventory is mainly collectibles. MOST of the inventory is NOT autographed or game used memorabilia however 99% of the items that are in fact game used memorabilia or autographed items have certificates of authenticity from the most reputable companies.
Most of my buyers were people that were looking to resell this inventory individually or in small lots on EBAY, AMAZON, or their own websites. I did have buyers who bought these lots with only having the intentions to hold on to this inventory because a lot of this stuff appreciates in value.
Each lot would have approximately 40,000 items per lot.
I only operated this on a part time basis. This business basically comes down to listing ads and letting the opportunity and inventory sell itself.
I did not use a website of my own, I used craigslist. I would only market 1 lot at a time.
My ads were very vague ads mainly on craigslist that advertised an online business,
Most of buyers I felt were buying this inventory with the intent to sell the stuff or buying it as investment.
My price is $400,000 which would come out to about 1-2 cents on the dollar based on what I was selling these lots for.
Proportionately, I have more rare 1 of a kind items in the inventory I have now, then I have ever had proportionately in the past.
