SIC Code 7389-58 - Liquidators

Marketing Level - SIC 6-Digit

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SIC Code 7389-58 Description (6-Digit)

Liquidators are companies that specialize in the sale of assets, typically in bulk quantities, for the purpose of generating revenue. These assets can include merchandise, equipment, furniture, and other items that are no longer needed by a business or organization. The liquidation process involves assessing the value of the assets, determining the best method of sale, and executing the sale to interested buyers. Liquidators may work with a variety of clients, including retailers, manufacturers, wholesalers, and government agencies.

Hierarchy Navigation for SIC 6-Digit Code 7389-58

Tools

  • Appraisal software
  • Inventory management software
  • Auction software
  • Pallet jacks
  • Forklifts
  • Dollies
  • Hand trucks
  • Pallet racking
  • Shelving units
  • Barcode scanners
  • Cash registers
  • Credit card machines
  • Packing materials (boxes, tape, bubble wrap)
  • Cleaning supplies
  • Security cameras
  • Locks
  • Signage
  • Advertising materials (flyers, banners)

Industry Examples of Liquidators

  • Retail store liquidation
  • Restaurant equipment liquidation
  • Office furniture liquidation
  • Wholesale merchandise liquidation
  • Government surplus liquidation
  • Bankruptcy liquidation
  • Estate sale liquidation
  • Industrial equipment liquidation
  • Hotel furniture liquidation
  • Electronics liquidation

SIC Code 7389-58 - Liquidators

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