You bought or made more than you could sell. Here is how to get value out of it, written by a company that has been buying excess inventory since 1985.
We buy from businesses in the US and Canada. No food or consumables.
Excess inventory is not free to keep. Storage, handling, insurance and the cash tied up in the product all add up, and most product loses value the longer it sits. If it has not sold in the time you expected and nothing is going to change that, a sale now usually beats a bigger discount later.
A buyer can only make an offer on what they can see. A clean list saves days:
Closeout buyers and wholesalers, such as JDA, buy outright and resell to retailers. Liquidators and auction platforms sell on your behalf or in lots. Brokers connect you with a buyer but do not take possession. Each has a place. The question that matters is who actually owns the goods, and when you are paid.
Before you sell, decide where the product may and may not end up. A good buyer will honor the restrictions you set. If a buyer is vague about where the goods will be sold, treat that as a warning.
A closeout buyer takes on the risk and the work of reselling, so offers come in below wholesale. What you get in exchange is speed, certainty and an empty warehouse. Compare offers on the net result rather than the headline price: how soon you are paid, who handles pickup, and whether the buyer will take the lot or only part of it.
If you are a business with new, branded consumer merchandise in the United States or Canada, send us your list using the form below. See what we buy first if you are not sure it fits.
A closeout buyer purchases inventory outright and resells it, usually to retailers. A liquidator may buy outright or may sell on your behalf. Ask any buyer who will own the goods and how quickly you are paid.
It varies with the size and category of the lot. Selling to a direct buyer is typically far faster than selling the goods through retail channels yourself.
Sometimes. If you can sell through at an acceptable price in the time you have, do that. If you cannot, a closeout buyer is the next step.
Our buying team reads every submission from a business. Tell us what you have and where it is, and attach a list if you have one. If it is a fit, you will hear from us quickly.
Prefer the phone? Call 508-584-3900 or email rachel@jdaenterprises.com.