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Sunday, Feb. 11th 2018

What is an Office Liquidation?

What is an Office Liquidation?

When you have been in the office furniture industry for any length of time, you will start hearing about office liquidations. Regularly, we are asked to bid to project manage a local liquidation or purchase the product from an office liquidation. Here is one example of a project we are working.

One of our national liquidation partners won a liquidation job in Overland Park. This particular job is a big one that is phased. Every couple of months the furniture for 200 employees is being replaced. As such, we were asked to either purchase the product or market the product. Right now, we are in high supply of office furniture. Most warehouses around the country are full. With the cost of labor to remove office furniture unchanged, most office liquidations are negative bid. That means the company needing the furniture removed is paying the labor for removal.

A good liquidator will try to off-set that bid to as close to neutral as much as possible; however, with the move to open plan offices, import pricing pressure, low price on scrap metal, and full warehouses, most bids continue to be negative.

If you are purchasing new office furniture, this is something to keep in mind. You will likely be paying for the removal of your old furniture. On the positive, if you are looking to purchase used office furniture, the pricing has never been so reasonable. The best place is to find deals coming direct from the job site. These items are available from the office liquidation site:

* Steelcase Criterions Task Chairs
* Refrigerators
* Steelcase Player Stacking Chairs
* Steelcase Cubicles
* Lateral Files

Each phase of the liquidation is a bit different. From an earlier phase, we sold these cool benches from the break room. A local church snapped them up for the teenager study room. After the church picked them up, we had a local contact professionally clean them. They looked incredible.

Flexibility is huge when it comes to office liquidation. If you are flexible in your timing, on the look-out for a particular item, or just want to be in the loop on local liquidations, let us know.

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