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MIAMI GARDENS, FL, August 22, 2012 /24-7PressRelease/ -- Merchandize Liquidators, LLC., a leading wholesale liquidator and distributor in the closeouts industry, has been named to the 2012 Inc. 500/5000 list. The company was ranked 523 on the 2012 Inc. 5000, which celebrates the fastest growing privately held companies in the United States, with a three-year sales growth of 732%. With 2011 revenue of $5.4 million, Merchandize Liquidators was also ranked #30 on the top business and product services list. The company was also ranked #18 in Miami, up 16 from their 2011 ranking of #34.
"We are excited to be included, once again, in the prestigious Inc. 500/5000 list," said Yosef Martin, President of Merchandize Liquidators. "We have doubled our revenue in the past year, and have experienced consistent growth over the past two years. As we continue our goal of providing merchandise to clients worldwide below wholesale costs, and establishing our position as a leading supplier in the closeout industry, we expect our standing on the annual Inc. 500/5000 list to continue to rise."
With 2010 revenue of $2.2 million, Merchandize Liquidators premiered on last year's Inc. 5000 list, which was established to highlight the entrepreneurial landscape. A combination of securing strategic partnerships, an effective marking campaign, and competitive prices, resulted in the significant increase in revenues for 2011. Exporting goods became a key focus for the company in 2011, with 80% of all merchandise shipped overseas.
Gross sales forecast for 2012 is expected to be around $10 million, with an increase of 90% by year-end.
About Merchandize Liquidators, LLC.
Founded in 2003 by entrepreneur Yosef Martin, Merchandize Liquidators is a leading wholesale liquidator and distributor in the closeouts industry. Working on exclusive contracts with manufacturers and high-end department stores, the company's unique business model includes buying all of the available overstock merchandise. A privately held company, Merchandize Liquidators specializes in selling new, overstock, surplus, used and salvaged goods. Clientele includes retailers, eBay sellers, flea market vendors, and jobbers. The company services a global market, with goods shipped overseas to Latin America, Russia, Dubai, New Zealand, and Africa. Merchandize Liquidators has two warehouses in Miami Gardens, Florida, and a warehouse solutions company in North Carolina. Additional information is available at, http://www.merchandizeliquidators.com.
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