NAICS Code 423930-38 - Surplus & Salvage Merchandise (Wholesale)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 423930 - Recyclable Material Merchant Wholesalers - 6,774 companies, 18,316 emails.

NAICS Code 423930-38 Description (8-Digit)

Surplus & Salvage Merchandise (Wholesale) is a subdivision of Recyclable Material Merchant Wholesalers that involves the buying and selling of used, damaged, or overstocked goods. This industry deals with a wide range of products, including but not limited to, furniture, electronics, clothing, and building materials. The main focus of this industry is to find buyers for products that are no longer needed by the original owner, but still have value to others. Surplus & Salvage Merchandise (Wholesale) companies often purchase products in bulk from manufacturers, retailers, and other wholesalers, and then resell them to other businesses or individuals at a discounted price.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423930 page

Tools

Tools commonly used in the Surplus & Salvage Merchandise (Wholesale) industry for day-to-day tasks and operations.

  • Pallet jacks
  • Forklifts
  • Hand trucks
  • Box cutters
  • Tape dispensers
  • Strapping machines
  • Shrink wrap machines
  • Scales
  • Barcode scanners
  • Label printers
  • Baling machines
  • Wire cutters
  • Screwdrivers
  • Hammers
  • Crowbars
  • Pry bars
  • Bolt cutters
  • Safety gloves
  • Safety glasses

Industry Examples of Surplus & Salvage Merchandise (Wholesale)

Common products and services typical of NAICS Code 423930-38, illustrating the main business activities and contributions to the market.

  • Used furniture
  • Overstocked electronics
  • Damaged clothing
  • Building materials surplus
  • Returned merchandise
  • Liquidated inventory
  • Discontinued products
  • Off-season goods
  • Factory seconds
  • Closeout items

History

A concise historical narrative of NAICS Code 423930-38 covering global milestones and recent developments within the United States.

  • The Surplus & Salvage Merchandise (Wholesale) industry has a long history dating back to the early 20th century. During World War I, the US government established the War Industries Board to oversee the production and distribution of war materials. After the war, the board was dissolved, and many surplus goods were sold to the public at discounted prices. This led to the emergence of surplus stores, which sold a variety of goods, including clothing, tools, and military surplus. In the 1930s, the Great Depression led to an increase in the number of surplus stores, as people looked for ways to save money. During World War II, the government again established the War Production Board, which oversaw the production and distribution of war materials. After the war, many surplus goods were sold to the public, leading to another surge in surplus stores. In recent history, the industry has seen a shift towards online sales, with many surplus stores now selling their products through e-commerce platforms.