If you are looking to cut merchandise costs, try purchasing inventory from a dollar store which is permanently closing.
You offer the store owner a quick and pain-free way to instantly close down, receive their money, and watch as you package and haul away their inventory.
You have a chance to help a troubled owner move on with their life. There’s work, shrinkage and upfront costs to deal with. Even with deep discounts be sure you are obtaining quality, in-demand products which will sell.
Don’t buy cases of products which were popular 3-4 years ago. Avoid stores where the quickest selling items are already gone. It might be wise to purchase the remaining inventory, but for a bigger discount.
Look for excessive shop wear and damage. Items must still make a great appearance and be sellable.
Learn by starting small. Purchase only a portion of the inventory from a store. Make sure your pricing is right, and the labor is worth your time and effort. As you learn buy bigger chunks of the inventory.
This can be a win-win deal when done right!