Buying Wholesale Liquidations and Returns by the Truckload - How It Works and What It REALLY Costs!
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- Опубліковано 21 лип 2024
- Have you ever wondered what it really costs to buy a pallet of returns, overstocks or liquidations? In this video, I bought almost an entire truckload of customer returned items from a major retailer so you didn't have to!
View the manifest here: docs.google.com/spreadsheets/...
In this video, you'll learn what the wholesale cost of customer return pallets is in some situations, what is included on a wholesale pallet, how much money you can make from wholesale liquidation truckloads, and quite a bit more.
Major items that are in the video are wholesale air conditioners, wholesale refrigerators, wholesale microwaves, and wholesale arctic air fans, among other items.
Appliance Store Business Insurance (get insurance if you choose to do business, I'm paying $29/mo thru this company): bit.ly/3bZqI8x - Навчання та стиль
You should check the manual on the mini-fridges. Sometimes the fact that they're shipped tilted settles the gas in weird ways. You need to give it 24 hours to settle upright before turning on, or you can damage the unit.
I always give them a day or two.. doesnt cost me to wait. On the bad fridges, its either a damaged shelf, bad power cord, the compressor relay is bad or.... when I have to write it off.. a sealed system issue.
Hi. I like your style and honesty. People think its easy money but the truth is normally a different story. Thank you for your video. Take care.
Just came across this channel love how you break it all down and have paperwork to back it up. Super knowledgeable appreciate it
I always hate videos where people buy pallets or truckloads and make it look like they're either getting the world's most amazing deal ever, or lie about the paperwork and what it really costs. I figured the paperwork would entice people to understand what the business really looks like - good or bad.
You deserve every penny of profit you make. People think it's easy, but you obviously have overhead, pay employees and the associated expenses of that. Not easy handling all these appliances. I can imagine testing uses a lot of electricity as well, and you have all these bills to pay. Great video and helping others to get into the business as well.
Very nice video. Very detailed and well put together. You should be getting 5k views. I am sure as people discover you, the views will massively increase. You have a good voice, clear precise for voice-overs. Keep up the great videos. You really educated me on this type of business. Really liked it. Thanks.
Awww, thanks!
I loved the Karen and HOA jokes early in the video, and the hair style pictures you added to the video for those were great as well.
I'm not sure I'd ever want to get into something like this, but it's fascinating to see some honest numbers behind it all.
Glad you enjoyed it! Its not for everyone, and its not something that I am switching my business to, but its a very good add-on. My dream would be to be able to do this + furniture/outdoor (which is incredibly good stuff, too), then mesh it with new scratch and dent/returned appliances, then mattresses too. Its an odd-ball kind of furniture/ect store idea, but given how expensive it is to ship stuff, it could be a good moneymaker.
Ben, great video. I've been looking at wholesale liquidations for a long time now, and have heard several things while deciding - You did a great job of describing 1-type of an appliance load, but I'd like to know if you ever bought an Amazon, Walmart, Home Depot, or Wayfair load? And if so, what did you think?
I’m new to your channel and I’m enjoying it a lot. One question, I’m in Northern Ohio and was thinking about buying a semi of similar items but tools and electric equipment, where is a good place to shop for these items?
insane how both of you brothers sound the same. found you from reddit!
Glad you enjoyed the video! We're twins!
Thanks for the insight. So is testing all of the products apart of the processing process?
Is it possible to get info on where you buy this truckload from?
I've been looking and I can only find bids :(
Hi I love this video I love the information thank you so much. Which broker do you use to purchase your merchandise if that something that you could tell us?
Great stuff, thank u for sharing!
If you're having trouble moving the arctic airs, you should set one up in a part of the store customers walk by. Add the water and ICE to it (coldest air) and add some mint oil/scent/freshener (or peppermint/menthol/etc). Put it around head/neck height. The cold air will hit them on their exposed skin, which will feel much cooler, and the mint oil will make them think the air is even colder. I'd set up two, one at around female head/neck height, and one at male head/neck height. Keep it out of reach of kids so they don't spill the water/ice.
In winter, you can leave out the ice and water, put some scented oils in there, and market it as the ultimate glade plugin, lol. Attach some funny anecdote to it, like your wife makes you turn that on when you go to the bathroom, clears the scent in seconds, or w/e.
They also seem to sell decently on eBay.
If you sell them on eBay, make sure you do two listings, one with the correct spelling "arCtic air" and one with the incorrect spelling of "artic air". Both seem to sell, lots of people misspelling it. Also, if you can't seem so move them at all, sell just the air filter (if it's unused/clean) on eBay.
I use the artic air in the winter as a humidifier in my bed room it does work just needs to be kept filled up with water daily
These videos are awesome man. I guess my notifications weren't turned on
I hope you enjoyed it! I've done very well on this truckload... Probably at $10,000+ on my ~$7,500 investment and am still moving a ton of the mini fridges I had on the load.
@@bensappliancesandjunk nice man
Yes sir!!!! By far some of the most entertaining and educational videos I've seen here. I'm about to binge was tonight😆😆😆 Thanks man
Thanks for sharing this is a great VDO hope you can make lot a money ❤️
Thank you for this video, very interesting.
great video, thanks for all the insight!
My pleasure!
thanks for the video i live in Florida where can i buy truckloads ?
Excellent video Ben!!!
Thanks!
@@bensappliancesandjunk I'm so glad that you and your brother are on UA-cam! I just watched his new trailer park episode. Did you ever get your rental property remodeled and rented?
Keep an eye out for those Shark vacuums. They do a horrendous job of labeling what kind of carpet they work on. Many of them get returned as "not working" for that reason. Took my family hours to figure out what was going on, and then back to the store it went, still perfectly fine, but wholly unusable for us.
Karen part was so funny! Lmfao
Had me cracking up
What’s your return policy for your sells ? Do you have a website to buy stuff from you?
Great video!! How can I purchase a truckload of Home Depot returns?
I am shopping for Home Water heater Tank and I see some of them on face book brand new from home depot should I buy them? Is the warrnty works? How is taking the warrnty. Ownership
I’m wondering how you purchase these liquidations? Looking for a company that provides a manifest and not just bidding on pallets that contain unknown items
Great video! I am thinking of starting a whole date business, where do you buy your truck loads from?
I recommend you message Berry 👆👆👆.. he does the shipping anywhere .. just text him ⬆️⬆️
I'd like to know best place to buy too please
They never tell you.
Ben I’m a nut I guess ! Now you said you paid under 1200$ for this whole load off the truck ! Now then you said I think you made around under 8k back but then you posted everything up but I’ll try to go back and add that up but shouldn’t you be able to make on a 1200k load at least shouldn’t you make at least 20k back ? Then is taxes involved are you stuck with a lot of headaches to pay after !? How would you mark this up please ! This is a very good honest unlike a lot of channels I’ve seen ty so much ! I am in another area idk if it’s the same but anyways is there a market do ya just make it or is there at least enough to besides buying more and paying for costs and taxes is it really can you set back anything ?! I am in a place where I have to do something my relative lost the limbs and so basicly I’m in a position I have to find a way to live and try to stack back some $ for when I’m older ! Idk I’m really thinking of doing this but idk if I wanna buy the appliances cause idk maybe we could fix some idk but I don’t trust what everyone out here says ya know ! It is a big risk it seems cause you can’t see everything ! I wonder if there is any $ in resale on each crate itself ! Hopefully I’ll figure something out ! Ty so much for this liked shared and subscribed ! Do you even now have any ac units !? I am in the need of one or two matter a fact ! Lol
Great content and information! Very informative and seems like you're being honest about everything which is a rarity in this day and time...so cheers!! Anyway that you could help a brother out and help me to get in touch with the vendor(s) that would sell me a truck load like the one in the video? Any help would be great and appreciated! God Bless and keep up the good work big daddy!! 🤙
Where you get that truck load ?
Looks like a very tough business to run, but sound like you like what you do.
I can't load up this video due to poor connection, but did you mentioned about how much one needs to pay in income, local and state sales taxes?
You have to collect sales tax if you are going to sell stuff in most states. Yes, you have to pay income tax on your profit. Differs in each state.
So if I was interested in doing this...how much money and space would be needed to get started? Thanks!
I'd make sure to have at least money for one truckload. The more money you have, the better. So minimum $4,000, but the more, the bigger the truckload.
Space-wise, a truck is 12ft wide by 52ft long, so around 650 sq. ft. is what you'll need, minimum, to store. Then you'll need showroom space. I'd say 1200sf minimum.
What broker are you guys using
Thank you
Bro lol the beginning 😂😆
Nice channel Will you help me with selling parts online I am a friend of DC
I love this video! I would love to buy a truck like this.
Big money but its fun. What I REALLY WANT is that Lowes truck of customer returned brand new appliances. They run 35-42% of MSRP, but have legitimate 1yr warranties on them.
Just need $20,000 - $30,000. "Only" that much ha ha.
@@bensappliancesandjunk you'll get there! You're definitely on the right track.
Where can you buy these load loads of appliances? I've been looking online and am skeptical about the companies im.finding
where do you get your merchandisse form id like to start this where im from
Super video
Don't recall seeing or hearing just how much you have paid for this trailer of goods from your broker. Would you mind sharing?
About $7,500 including shipping.
Are you planning on opening a storefront? Or are you mostly listing on FB and other local areas?
I have a storefront for this + appliances already
What’s your best advice for finding a location? Currently where I’m ag
Hey, when the truck comes to the storage of yours, do you need to have a loader of yourself? I wonder if the pallets will be needed to be taken off myself.
Yes preferably. Some companies will provide a lift gate so you can use a pallet jack but that'd be very very slow
Most truck drivers will only open the door for you. You are responsible for having dock facilities and equipment/manpower to unload AND you better be pretty quick as most drivers aren't being paid if the truck isn't moving.
How do you find the loads
Do you buy under a LLC or some other structure I ask because I heard you say write off got me to thinking
LLC
guess I'm super late watching this video. I'm planning to buy whole truck loads of items and send them to Africa. please let me know if I can get a whole load just like the one in this video
How do you buy pallets
Where is a good place to buy truck loads?
Y you don't keep them till nexted summer . the a/c ?
I'd rather sell them now so I can access that cash to buy and flip other loads. I am going to save all my AC's (probably got $5,000 in them) for next summer though.
A whole truckload, wow. How often do you do this?
About every 3-4 weeks. I am absolutely packed on inventory. I've moved all the super-fast-moving stuff, and am now trying to wade through "What's left" which is like $15,000 - 20,000 in inventory, and work to list and sell it efficiently. I'm pretty good at marketing the stuff, but there's just so much volume - what's the best way to sell 200 Arctic Air units when you have a decent clientelle, but its only 10-20 units a week? Do you drop the prices to psychotically low levels, or keep 'em for next summer? Its a balancing game between inventory levels & how messy I want my store to be lol.
Is there a link to where you can buy a truck load? This sounds like a great opportunity and thank you for the awesome video, I will now be subscribing. Thank you
I am gonna work on contact info for you and others that have been asking. I am sure my broker wouldn't mind selling to more people, but I don't want like a dozen contacts dropping on him w/o his knowledge.
When will this link be available
@@skittlepimp17523 message me - BenSchlichter (at) Gmail - I'll get you on a list and send you a manifest.
@@bensappliancesandjunk can i be added to the list would love the info thank you so much!
@@bensappliancesandjunk I tried to reach for help we want to buy items to sell to Ecuador. Poor communities
I am from Ohio as well, getting ready to start up a store front. Is there an email I can message you at ?
hi same here how do we find a good broker with buying power i have been reading its better to have a good broker but been trying to find some and i guess i am not looking at the right place tks
I recommend you message Berry 👆👆👆.. he does the shipping anywhere .. just text him ⬆️⬆️
you are so informative. thanks a lot
Can you give contact info on where to buy a truck load of a/c and appliances
I recommend you message Berry 👆👆👆.. he does the shipping anywhere .. just text him ⬆️⬆️
Wow Tnx
😂😂😂😂😂 Karen’s ... HOA. 😂😂😂😂 I’m Dead!!
I'm glad you thought it was funny!
Ok TNX GOOD
Do you do wholesale?
I have several liquidators within 45 minutes of me, one of them is 5 minutes away. I've tried pallets before and I like washers & dryers so much better. Way easier for me personally and I make so much profit without any stress at all. I've known one of the couples on Extreme Unboxing for about a decade and another couple for about a year. I watched only a couple of episodes and was not interested any longer because that is not how they act in real life..... HOLLYWOOD! Right now, not only would I not give a discount for body damage on a freezer, I would jack the price up a little more. Supply & demand. I have a place over in Dallas that I can get a/c's at will. I never buy a/c's but my friend does. I could see me opening a store with stuff like this in the future if washers & dryers ever dry up.
LOTS of work for only $6k profit so new people BEWARE. Ben was honest, some others aren't. Plus, you can't just jump in and buy.... you will need a plan! Good luck!
Thing is, this is only part of a stepping stone for me to get into scratch and dent / return full size appliances. I do get the large ones from time to time from HD and they've worked out real well for me, and I plan on selling off what I have and buying into the big stuff soon.
@@bensappliancesandjunk Send me an email @ sparklenshinefw@gmail.com I have a question that is more between you and I that you might be interested in.
Where to buy the truckload
Lil ol me I seee you’re on every liquidation video lol
@@benzoh28 That's the only way to do it. If something interests me, I need to know everything about everything. Most of these people that comment don't know their (*) from a hole in the ground. :)
Awesome vid! I’m just starting up my store front! Is there a email I can msg you at? For some advice?
Awww man wish I lived near you. I need some A/C s I went to LOWES yesterday all of them were 600-700 🙄
Check your local Facebook marketplace
imlkrsfn there is none 😢
In the video, I mentioned that a guy was going to come in and buy a $465 AC. He came all the way from 250mi away, because his area didn't have any inventory on Marketplace. He ended up buying 5 units in cash... Easy $1,600 in cash. I think I got a pic before I put it in my wallet, it was so much money!
Bens Appliances and Junk that’s awesome
how do you find those pallets?
I recommend you message Berry 👆👆👆.. he does the shipping anywhere .. just text him ⬆️⬆️
Do you pay taxes on these truckload when selling on Facebook marketplace
Not with a valid vendors license.
Arctic air coolers I’m positive they all work. People just returned them because coolers didn’t cool as much as they thought I’m one of them and returned it it’s probly in there 🤣🤣
Oh for sure. The question is if they left water/moisture in them and it turned into mold. Can be a pain to go through EACH ONE
i'm selling any working freezer 400 n up here in Alaska.
Wow nice. I was getting north of 300 til this load.
@@bensappliancesandjunk ya i l'm not a dealer but everyone here is fishing an hunting. plus smart people are stocking up on food anticipating food shortage. i just sold a 20 year old commercial upright for .650. Any working freezer is gold here.
I thought this was a joke. Because alaska is always cold all freezers would work 🤷🏿♂️🤦🏿♂️😂😂
lets connect, i have a warehouse and a truck liquidation system in place in CLE ohio
Ohio here, looking to start up. we could swap info and see if we could help each other.
@@brianwinningham5779 216.905.6713 text me
That freezer was dropped off of a truck most likely.
City Harar
I'm making you rich, i return a lot of crap at the home depot. I recently returned 3 Midea u-shaped window units and one pioneer mini split, you're welcome LOL
Do you sell pallets ??
I have from time to time. I've done decent on it, but for me its hard to just "Sell the pallets" when I really want to break them down and sell the appliances, since that's my business primarily.
Having said that, I *am* going to start selling the truckloads of pallets soon if anyone wants them.
Abdulhamid
Fun
It is!
Ahamed
Sell the fan's nexted summer
Yep!
Age 20
Funny thing, no one tells you where to buy from?
😂😂😂 the Karen bit
First name Ferhan
No one has a right to sell broken merchandise, you should get compensated for such a thing. I could never rip anyone off as sooner or later it will catch up to you.
I'm not sure what you're talking about. Every thing we ever sold has a return policy that guarantees if theres an issue they'll get credit or a refund for it
@@bensappliancesandjunk I'm saying you should be compensated by the company you purchased from
@@darleneaitken1620 Nah, nature of the beast. The price vs. MSRP is extremely favorable. The secret is making sure you have a good idea of likelihood of failure of a certain item to avoid things.
You're going to destroy your frigerators by laying them on their side too long there's oil in there and you're putting the oil up where it's not supposed to be
You should watch the video where I test that idea...
Not Karen! And the hoa 😆
Karens are the backbone of America's economy. They keep lawyers, judges, human resource department employees and the police employed. In this case, truck drivers and small businessmen in the pallet liquidation business. Lol
AMEN!
Fridges and acs should not be on there sides
You take them as they come. They are basically scrap to the original seller. They don't care. Just have to set them upright and let them sit for a day or two so the oil drains back to where it's supposed to be.
Address ETHIOPIA
Full address live harara
$8 for those artic air's? Those are not even worth a dollar, for all of them.
The video is 3 years old... price was higher back then
@@bensappliancesandjunk I know how old it is. I'm just saying those artic fans don't work for shit.
Ok TNX GOOD living give brother sponsor okay give Ethiopia okay
Ok TNX GOOD GIVE sponsor okay passport give brother good
karen 😂
Gender male
Bank name cooperalive oromia hundane branch
Name Ferhan Abdulhamid Ahmed
Thank you for making such great content. What is the best place to buy liquidated appliances?
I just started a scratch and dent store, and will be filming about that very soon!
@@bensappliancesandjunk where do you buy your appliances? Is there a specific site you use?