Storage Auctions

Small unit, good find

Offline Alias

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Small unit, good find
« on: March 11, 2012, 01:39:45 PM »
Hit an auction before work. One of those units that are only like 4' high was up.
Contained a tote marked "hazmat clean up supplies" and a dirty dirty dirty tool bag. That's it.
Guy started at $100 and never went lower. A good five minutes of trying to convince us to bid.

Finally I said "I'll give ya $20 for it if we can just move on!"
Figured if it was a hazmat kit it would have a respirator and those are $30 so I'd be even.

So pull out bag and it's full of tools. Nothing expensive but tools I'd never buy but have borrowed so figure my $20 was well spent. Got some tools.

Then went to pull out tote and its a million pounds!
This ain't no hazmat kit! Open to find 52 brand new, in box, grinding wheels, polishers, wire wheels....
Priced  them and retail the cheapest goes for $50. Put on CL for $25. Figuring these aren't hot items. No real home use. Get someone here and offer 2-for-$40, 3-for-$50....

Even at $15/ea I'll clear $750!


Re: Small unit, good find
« Reply #1 on: March 11, 2012, 01:54:17 PM »
Nice job!  Heck, it would have been a good buy even at the $100.

Good luck!

Offline alloro

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Re: Small unit, good find
« Reply #2 on: March 11, 2012, 01:57:06 PM »
Hit an auction before work. One of those units that are only like 4' high was up.

Up to what, 4'6"?  :D

Good job getting yourself a great deal. As to the selling, I would put them on eBay. You will get a lot more exposure to the commercial and industrial people and naturally higher prices. You can sell them in lots of 5 or 10 if you want to move them faster, but I wouldn't. Just list them and be patient, they will sell sooner or later.

Offline Alias

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Re: Small unit, good find
« Reply #3 on: March 11, 2012, 02:20:22 PM »
I don't even know how big those lockers are. Only have seen them in center of the city facilities. I'd say four feet across, 4-5 deep and only four feet from top to bottom. They stack them and you need a step ladder to get in the top unit. Rent for like $30.
Think the demographic is for city people that don't have storage for ski's and bikes and the like.

I'm all about ease. And don't like to store items.
I'll CL first and try to work deals to move as many as I can. I'd rather not make as much and move them rather than selling here and there for 6months. Keep posting. Keep meeting.
And CL saves me from shipping. I don't know why but I hate shipping stuff.
I can't even pay bills by mail. Everything is online. :)

I know I can make more on eBay and like you say I might have to just for the exposure but I'll do CL and see what the interest level is first.

And a acquaintance ows a trucking company and shop so I'm sure he'll take some. They do a ton of metal work on the rigs.....


Forgot to say in above....
I thought it was strange when I bid $20 and the auctioneer said "sold!" with out a chance for anyone to counter....?
Anyone seen that before?

Offline alloro

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Re: Small unit, good find
« Reply #4 on: March 11, 2012, 03:13:39 PM »
I thought it was strange when I bid $20 and the auctioneer said "sold!" with out a chance for anyone to counter....?
Anyone seen that before?

Yes I've seen it happen when people don't bid and then someone makes an offer like you did. If the auctioneer is getting a 10% buyers premium, he only made $2 on that unit and he knew he wasn't going to get the $10 from a $100 bid, so for him its better to move on fast.

Offline Alias

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Re: Small unit, good find
« Reply #5 on: March 11, 2012, 04:25:38 PM »
Bam! $300 for 25 wheels and some assorted tools to trucking guy.
Wouldn't have gone $10/ea for anyone else this soon but I've known him for years and know if I ever need something hauled he'll do it without hesitation.


Re: Small unit, good find
« Reply #6 on: March 11, 2012, 05:42:05 PM »
Bam! $300 for 25 wheels and some assorted tools to trucking guy.
Wouldn't have gone $10/ea for anyone else this soon but I've known him for years and know if I ever need something hauled he'll do it without hesitation.

Nice!

You sure the auctioneer wasn't your brother-in-law!!??  ;) ;)

Offline money4nothing

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Re: Small unit, good find
« Reply #7 on: March 11, 2012, 05:51:23 PM »
NICE !!!  ;D

Only money we would have made is off the tools. Husband would have kept the wheels.  ::)

(steel guy) and always using grinding wheels to cut stuff up.

Offline Alias

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Re: Small unit, good find
« Reply #8 on: March 11, 2012, 06:02:41 PM »
Oh yeah. Couple of the more expensive wheels are already in my tool box and been searching around my shop for things to grind and polish! lol


Re: Small unit, good find
« Reply #9 on: March 12, 2012, 09:09:50 AM »
I'm with money on this one.  That would of just been a good $20 spent.  All those tools and grinding wheels would be put to use by me.  Would go into my scrap shed to use for breaking things down.

Find you a scrapper and he may clean you out on the wheels.  CL should do very well I would think for you.

Offline Alias

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Re: Small unit, good find
« Reply #10 on: March 12, 2012, 09:56:42 PM »
At $630 in a little over 24hrs. Not bad.
Pulled from CL. Keeping rest. Can always sell later if I don't use.

wish it was always this way.

Oh. And that dirty a** bag? After hit'n it with engine degreaser and 300 degree pressure washer.....still threw it away!!   ;D

Offline money4nothing

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Re: Small unit, good find
« Reply #11 on: March 13, 2012, 07:07:13 AM »

Oh. And that dirty a** bag? After hit'n it with engine degreaser and 300 degree pressure washer.....still threw it away!!   ;D

Sure the pressure washer did not help that. LOL

Glad you did well. Real nice return. I will remember this if we come across anything like this, to remind my husband of the $$$$$. LOL

Offline Alias

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Re: Small unit, good find
« Reply #12 on: March 18, 2012, 01:32:41 PM »
Up's-n-downs.

Last week got the nice locker. Good picks. Good sales.
Past week: all auctions canceled. No good picks or finds. And worse of all no sales. Nada.
Not even a call.

Though I did find that the main salvation army store here rotate's stock out fast. The try to sell, then mark down and in 2-6weeks sell it out to other store's or bulk.

Some nice antiques and furniture going for way low prices. Tho when they first hit the floor they way over price furniture! $150 for a sofa that's worn and new was maybe $500. Same things sell at goodwill for $20!

 Going to have to frequent there more often....


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