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Old 07-23-2012, 11:56 PM   #1
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Canadian tire liquidation

Hey guys don't know if this is the right section but a close friend of mine told me about a fire that was at a warehouse in Calgary. The warehouse is owned by Canadian tire. Able auctions bought over 4 million dollars worth of there inventory and is now selling it at 75% off retail. Dates are as follows

July 26-28 I've included info from the website

Flyer - Able Auctions
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Old 07-24-2012, 12:03 AM   #2
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Wow, lotsa selections...might worth checking out...thanks!
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Old 07-24-2012, 12:06 AM   #3
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must check this out. july 28?
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Old 07-24-2012, 01:09 AM   #4
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website says 50% off, video says 75% off... so which is it?
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Old 07-24-2012, 01:47 AM   #5
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Website said both:

Quote:
NOTE: THIS IS NOT AN AUCTION, IT WILL BE A LIQUIDATION STORE IN OUR WAREHOUSE, ITEMS WILL BE 75% OFF MARKED RETAIL PRICES, FIRST COME, FIRST SERVED!
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As a result, Able Auctions will sell this massive inventory valued at over $4 Million at 50% off - first come first served. Remaining items will be sold by way of auction in dealer lots.
Like IKEA's ASIS, obviously not every item will be 75% off. So most likely items are ranged between 50-75% off?
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Old 07-24-2012, 02:35 AM   #6
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Awesome
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Old 07-24-2012, 04:41 AM   #7
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I hope this is a little better than the 70% sale at the Kingway location, LOLOLOLOLOL.

J/K, I'll be there. You can count on it. This is what we frugal Asians live for.
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Old 07-24-2012, 06:14 AM   #8
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WTF.. able auctions bough all that crap, transported it back here to sell??! they must of picked it up for cheap to cover transport fees...
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Old 07-24-2012, 07:30 AM   #9
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WTF.. able auctions bough all that crap, transported it back here to sell??! they must of picked it up for cheap to cover transport fees...
If I had to guess, I would suspect part of the sale was that it can't all be dumped in one location. You'd cannibalize sales for CTC in that city for months to come.
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Old 07-24-2012, 07:33 AM   #10
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And yes, transport adds up. A client of mine bought an estate book collection for 20k...spent 40k to transport it here...spent more money hiring a college kid to sort through it in the basement of the building.

I asked him once how he made out in sales of books....$1500...gross. Apparently, it was an estate collection of total crap.
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Old 07-24-2012, 07:37 AM   #11
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And yes, transport adds up. A client of mine bought an estate book collection for 20k...spent 40k to transport it here...spent more money hiring a college kid to sort through it in the basement of the building.

I asked him once how he made out in sales of books....$1500...gross. Apparently, it was an estate collection of total crap.
I have large shippments shipped across Canada and the US all the time and your customer got beyond screwed if they spent 40K to transport it.
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Old 07-24-2012, 08:14 AM   #12
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I have large shippments shipped across Canada and the US all the time and your customer got beyond screwed if they spent 40K to transport it.
+1

I don't even spend $100/skid to ship my crap to the next province over
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Old 07-24-2012, 09:01 AM   #13
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I was in transportation myself and yeah, I did the math.

They also had to have people load books. Out of a house. By hand.
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Old 07-24-2012, 09:12 AM   #14
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Oh, and you are picking the ONE area he got screwed? He spent 60k, and made back $1500. I think the entire affair goes down as one big colossal fuck up
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Old 07-24-2012, 09:20 AM   #15
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I'm looking for a tent. Gonna go and check this out. Wouldn't mind getting a new hockey stick either
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Old 07-24-2012, 10:15 AM   #16
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Oh, and you are picking the ONE area he got screwed? He spent 60k, and made back $1500. I think the entire affair goes down as one big colossal fuck up
Well buying the books to flip 'em is a gamble, especially if it's sight unseen. At least freight is something you can control.

But yeah, that's one giant lesson learned, I'll bet.
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Old 07-24-2012, 11:14 AM   #17
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damn working on the 26 working on the 27 by the 28th all the good stuff would be gone...
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Old 07-24-2012, 11:30 AM   #18
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Oh, and you are picking the ONE area he got screwed? He spent 60k, and made back $1500. I think the entire affair goes down as one big colossal fuck up
$1500 profit or a loss of $58,500?
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Old 07-24-2012, 05:18 PM   #19
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damn working on the 26 working on the 27 by the 28th all the good stuff would be gone...
Well, I'm not working, so I will be there bright and early. What sort of stuff are you looking for?

Don't tell me........... a wrench set, LOL.


J/K Let me know what you need and I'll see if they have it.
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Old 07-24-2012, 05:29 PM   #20
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MG, I'm looking for a new blender, but probably won't be able to get there on the first day. I doubt people will be rushing to get those anyways. Would you kindly let me know how much they are priced at when you get back?
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Old 07-24-2012, 05:32 PM   #21
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Well, I'm not working, so I will be there bright and early. What sort of stuff are you looking for?

Don't tell me........... a wrench set, LOL.


J/K Let me know what you need and I'll see if they have it.
MG if you can help, I'm looking for a pressure washer, a wet dry vacuum, jack and jackstands, and yeah tool sets Specifically socket and wrench sets

Thanks in advance
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Old 07-24-2012, 05:36 PM   #22
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If I knew you guys, then I'd offer, but alas, I don't know you guys from a hole in the wall, or the other way around. Sorry..........

I guess I can take pics and upload them.

I imagine the larger ticketed items or specific lots will be up for auction. I will post details as soon as I find out.
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Old 07-24-2012, 05:52 PM   #23
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Fuck this has to happen when I'm going to AZ and Vegas
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Old 07-24-2012, 06:13 PM   #24
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MG1, can you offer me a ride instead
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Old 07-24-2012, 06:24 PM   #25
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What would my son say, if I gave you a ride and not him. August 25th, LOL.
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