If you own a business, then you might need to look into furniture liquidation at some point. It can occur for a variety of reasons, including store closures, bankruptcy, or the need to clear out excess inventory. What does the process of liquidation entail? Keep reading a bit to get informed!

When Would You Liquidate?

For business owners, liquidation sales can help clear out old inventory and generate liquid cash quickly. This is important if you’re moving offices or if you’re expanding and need a new set of furniture. According to OneDesk, nearly 60% of moves in the U.S. occur between May and August. These months are clearly a great time to get started on your move to a bigger and better office space.

What Happens During the Process?

During a furniture liquidation sale, items are typically sold at a significant discount, sometimes as much as 50%-70% off the original price. This sale is a great opportunity for consumers to purchase high-quality furniture at a fraction of the cost.

There are a few different types of furniture liquidation sales. One method is to hold a storewide sale, where all items in the store are discounted. Another approach is to hold an auction, where customers bid on items in real time. Some businesses may also choose to sell their furniture to a liquidator, who will then resell the items to consumers or other businesses. This is a great way to leave your furniture behind and get a great return on your original investment.

What Is the Benefit?

These sales are not just good for business owners! For consumers, the primary benefit is the opportunity to purchase high-quality furniture at a discounted price. You will be getting rid of furniture you no longer need, and another business or person can get what they’ve been looking for. You help your team, other businesses, and the environment all at the same time.

If you’re looking for a team to help you with your liquidation sale, then reach out to us at Arrow Transfer & Storage today. We can handle the process of selling your office equipment to others who are in need so you can be a part of preventing more waste! Call today for help with liquidation, commercial moving, and document management.