SAN DIEGO, June 9, 2011 /PRNewswire/ -- BizAuctions, Inc.
(Pink Sheets: BZCN), a prime provider of commercial eBay and Amazon
liquidation services for excess inventories, overstocks, and
returns, announced today, BizAuctions-Lucky 7's
Retail-Outlet in San Ysidro, CA
has opened for retail business.
(Logo:
http://photos.prnewswire.com/prnh/20110210/LA45929LOGO)
Delmar Janovec, BizAuctions' CEO,
comments, "BizAuctions-Lucky 7's Retail-Outlet store in the
San Ysidro Village Center, opened for business on Tuesday, June 7, 2011 at 3:00 p.m. (Pacific Daylight Time) and had sales
of $3,615.00 for the opening half-day
of business. We are extremely satisfied with the opening day sales
as there have been very little advertising except for word-of-mouth
through our loyal Hispanic customer base. The customers were
lined up at the door waiting for the opening of Lucky 7's
Retail-Outlet store to take full advantage of our 20% discount
being offered for name brand merchandise in the areas of clothing,
general merchandise, and electronics. Based upon our opening day
sales, the high retail traffic, and the demographics of this area,
I firmly believe BizAuctions -Lucky 7's San Ysidro retail store could have sales from
$5,000 to $10,000, per day, with the
implementation of an effective advertising program. The store
location is adjacent to Camino De La Plaza, a major avenue that
feeds into Las Americas Premium Outlets, a newly developed complex
of over 125 name brand retail-outlet stores and is within one half
mile of the San Ysidro USA-Mexico border crossing, where the 5
Highway crosses into Mexico. This
border region has proven to be a boom retail location that's
weathered the economic recession with some stores claiming sales as
high as $500 per square foot. Mexican
Nationals have largely contributed to the area's success as large
numbers transverse the border daily, some even keeping a car on
each side of the border in the enormous parking lots, for
convenience of being able to walk the border crossing." (For
more information on Las Americas see at
http://sandiego.about.com/od/shopping/a/outlets.htm.)
The San Ysidro USA-Mexico border crossing is the world's busiest
Land Port of Entry (LPOE), and has a daily northbound traffic of
50,000 vehicles and 25,000 pedestrians with an expected increase of
50% by 2020. (For more information see the following link at
http://www.gsa.gov/portal/category/21521.)
The BizAuctions-Lucky 7's customer base continues to expand due
to loyal Hispanic consumers, advertising in the Hispanic
publication, CUPOMANIA, billboard advertising with our 1st
billboard in Mexico at the Otay
Mesa USA-Mexico border crossing, and the growing demand for name
brand products that are at reasonable prices. (For more information
on the billboard, see the following link at:
http://i746.photobucket.com/albums/xx102/bizauctions/Advertisement/IMG_1483.jpg).
More information is available at www.BizAuctions.com. Investors
and media can receive a free investor kit for BizAuctions, Inc. by
contacting Investor Relations at investors@bizauctions.com or (800)
961-3275. A virtual tour of BizAuctions' facilities and flash video
presentation can be viewed at http://www.bizauctions.com/
ABOUT BIZAUCTIONS – ADDRESSING THE $60 BILLION PROBLEM
BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of
eBay and Amazon commercial liquidation services for excess
inventory, overstock items, and returns. Our clients have
included some of the Nation's leading retail names at the forefront
of their industries.
BizAuctions addresses the $60
billion excess inventory problem for clients by sending
trucks to pick up pallets of excess inventory, selling the
inventory on eBay and Amazon, and collecting payment.
We provide our clients with a new sales channel to generate
additional revenue on excess inventory, while at the same time
freeing up their valuable storage and retail space.
With a long-term strategy to provide eBay and Amazon liquidation
services to Fortune 1000 enterprises, BizAuctions is a clear and
lucrative solution for most any business to liquidate its excess
inventory.
The Company encourages the public to read the above information
in conjunction with its year-end statement for December 31, 2010-2009, and the quarterly
statements filed in calendar year 2010, at www.PinkSheets.com.
The information contained in this press release may include
forward-looking statements. Forward-looking statements usually
contain the words "may," "could," "possibly," "feel," "estimate,"
"anticipate," "believe," "expect," or similar expressions that
involve risks and uncertainties. These risks and uncertainties
include the Company's uncertain profitability, need for significant
capital, uncertainty concerning market acceptance of its services,
competition, limited service facilities, dependence on
technological developments and protection of its intellectual
property. The Company's actual results could differ materially from
those discussed herein.
SOURCE BizAuctions, Inc.