The last of the small independent motor factors in the area is closing down at the end of the month. I went for a look at the closing down sale and was very surprised at the amount of stock they carried. Mostly service items filters, brakes belts etc. but a few other bits also. Had a chat with the owner and was again surprised that they own the stock, not sale or return.
So I am thinking of giving a bid on the lot. One other person has expressed an interest in anything Vauxhall, but no other interest as far as I know. Reckon I need to buy at 30% of retail to be able to make a reasonable return. Plan on selling at 75% retail then fees and postage etc. so not making a fortune but better than bank interest rates.
Good idea? Anyone in the trade know what kind of mark up shops have ? Obviously any older spares would go on here before any auction sites.
So I am thinking of giving a bid on the lot. One other person has expressed an interest in anything Vauxhall, but no other interest as far as I know. Reckon I need to buy at 30% of retail to be able to make a reasonable return. Plan on selling at 75% retail then fees and postage etc. so not making a fortune but better than bank interest rates.
Good idea? Anyone in the trade know what kind of mark up shops have ? Obviously any older spares would go on here before any auction sites.
