This profitable merchandise liquidation opportunity has two locations in Metro Chicago. Each Friday, the Company puts out a semi-truck worth of Amazon and Target returns into bins around the store starting at $9 for all items. Each day thereafter, the price descends until all the products are gone. Products of all kinds are placed into the bins randomly, making the shopping experience a treasure hunt for customers.
This bin store business concept is attractive to customers as it provides a thrill of finding great deals on normally high-priced products. The Company’s customers consist of discount shoppers, thrift store shoppers, and those who re-sell products online. Each week there is a line of 50-70 people waiting outside the store, looking to find the best deals on high-quality products. Prices are based on the day of the week, not the item. The price of all items continually decreases with every passing day.
Although most of the sales are generated through its storefront a small portion is through the sale of full pallets of merchandise and eBay sales as well. There is an opportunity for a new owner to potentially increase sales via eBay and other online outlets.