The Great Hall
Inventory Buyout The Great Hall: Inventory Buyout
By Cindyscatering (Cindyscatering) on Thursday, July 10, 2003 - 08:25 pm: Edit

We have recently taken over a local deli. I offered to buy out most of their inventory, but they want to sell it at 100% of wholesale cost. What is usual and cutomary in this situation.

By Dpconsu (Dpconsu) on Thursday, July 10, 2003 - 11:02 pm: Edit

60% would be normal for frozen and dry goods, 0 % for all fresh produce and fresh meats

By Dpconsu (Dpconsu) on Thursday, July 10, 2003 - 11:06 pm: Edit

By the way, if you were refering to the small wares, pots pans utensils ect. Then you need o negociate according to the newness, condition and the potential use that you may have for those items in your operation of the business. Good luck!

By Chefmanny (Chefmanny) on Friday, July 11, 2003 - 06:17 am: Edit

It depends on your needs, do you need the stuff?
60% is more than fair! Especially if it's old!

Add a Message

This is a private posting area. A valid username and password combination is required to post messages to this discussion.