It’s Outta Here

In addition to accepting almost all types of catalog goods, this liquidator takes seasonal goods. “We accept Easter items the week after Easter, for example, and Christmas items in the middle of July,” says Jay Finn, president, and a former liquidator for the Carol Wright catalog.

Payment percentages fall into three general categories, says Finn. A company that’s going out of business and wants to quickly get rid of everything in its warehouse usually will get 7 percent to 10 percent on the original cost. A company staying in business and that has unbranded products can expect to recover 10 percent to 19 percent. And a cataloger with branded items and staying in business can expect to recover 17 percent to 25 percent.