Great Ways to Liquidate Excess Food Inventory

Excess food inventory can put significant stress on a business in terms of cash flow, sales, and space, but Lewisco Holdings provides several great ways to liquidate these goods and prevent a complete loss of investments in initial cost and overhead.

Food Liquidators Austin, TXLewisco Holdings is the foremost liquidator in the US. Our lengthy history of liquidation allows us to perform appropriately according to quality practices, an array of buyer and seller contacts, and transportation and storage capacity. We can provide liquidation to a plethora of companies without any limitations based on the time of year, location, or amount of product.

The need to liquidate occurs with companies that are actively in business as well as those that are closing and dissolving assets.

Let’s review the potential reasons for liquidating inventory:

Generation of Purchase Power

Business operations require a balance of purchase power, product, and overhead. With an imbalance favoring slow moving products, cash can become limited, making it difficult to invest in better selling products and covering the costs of overhead. Liquidation returns cash for reinvestment and allows you to mitigate losses on excess and otherwise dead goods.

Relocation of Warehouse Space

As business grows or shrinks, the need for warehouse space may change, making a physical move the smart business move. Take advantage of the moving experience to eliminate inventory that isn’t fresh and selling well. We’ll buy these products and remove them to appropriate secondary markets.

Discontinued Product Lines and Versions

When producers decide that the time has come to end production of a product line or to upgrade its packaging or recipe, the time to sell these products in prime retail spaces also ends. Do not risk tainting the brand by selling dated merchandise; choose Lewisco Holdings to handle the liquidation of the older versions of the product line.

Regain Warehouse, Storage, and Display Space

Storage and display spaces are valuable real estate, essential to growing profitability and promoting swift moving sales. Liquidation of dead products allows for reinvestment and maximizing the use of space, making regular rotation and review of inventory an essential practice of good business.

Full Business Closure

The unfortunate truth of business is that some efforts fail, and some businesses close. When they do, liquidation of all assets will begin, including inventory. Rather than making the effort more difficult than it needs to be, call Lewisco Holdings to handle the process.

Choose Lewisco Holdings for Liquidation Efforts

Lewisco Holdings buys products from over 3,000 separate retailers, distributors, and manufacturers, including some of the premiere brands in the nation. Call us for liquidation of products in any of the following situations:

  • Products near and past best by and expiration dates
  • Discontinued product lines
  • Products with older versions of packaging or formulation recipes
  • Product lines with disappointing sales
  • Closeouts and marked down goods
  • Overstocked items
  • Product overruns
  • Mis-labeled merchandise
  • Canceled or turned down orders
  • Seasonal, promotional, and holiday goods
  • Any slow-moving product

Buyer Protections

The buyer group we vet and target for sales numbers just over 400 and includes small, independent retailers and budget-limited organizations. These buyers must refrain from advertising, display, wholesaling, or violating geographic boundaries.

Avail yourself of the great ways to liquidate excess food inventory provided by Lewisco Holdings. We serve businesses in a variety of circumstances by handling problematic goods. Learn more by contacting us online or calling (917) 651-0101.