BizAuctions Lucky 7's San Ysidro Retail Shows Moderate 1st Month Sales

SAN DIEGO, July 7, 2011 /PRNewswire/ -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay and Amazon liquidation services for excess inventories, overstocks, and returns, announced today June sales for the store's first three weeks in operation were moderate and exhibit promise for future growth.  

(Logo: http://photos.prnewswire.com/prnh/20110210/LA45929LOGO)

Delmar Janovec, BizAuctions' CEO, comments, "BizAuctions Lucky 7's San Ysidro Retail-Outlet store sales for the opening three (3) weeks of June were approximately $52,000.00. The Lucky 7's San Ysidro store opened on June 7, 2011 with minimal advertising, yet still had eager customers waiting outside to get first crack at name brand merchandise, selling well below most retail prices. Open seven days a week, located at 4530 Camino De La Plaza, this San Ysidro location sits adjacent to the Las Americas Premium Outlets, a newly developed complex of over 125 name brand retail-outlet stores and is within one half mile of the San Ysidro USA-Mexico border crossing. Based upon the area's demographics and the first week's sales, I believe it is realistic for BizAuctions Lucky 7's retail store to achieve sales averages of $5,000 to $10,000 per day upon an effective advertising program. This border region has proven to be a boom retail location that's weathered the economic recession with some stores claiming sales as high as $500 per square foot. Mexican Nationals have largely contributed to the area's success as large numbers transverse the border daily, some even keeping a car on each side of the border in the enormous parking lots, for convenience of being able to walk the border crossing. (For more information on Las Americas see at http://sandiego.about.com/od/shopping/a/outlets.htm.)

The San Ysidro USA-Mexico border crossing is the world's busiest Land Port of Entry (LPOE), and has a daily northbound traffic of 50,000 vehicles and 25,000 pedestrians with an expected increase of 50% by 2020. (For more information see the following link at http://www.gsa.gov/portal/category/21521.)

The BizAuctions Lucky 7's customer base continues to expand due to its loyal Hispanic consumers, advertising in the Hispanic publication, CUPOMANIA, bill-board advertising with our 1st billboard in Mexico at the Otay Mesa USA-Mexico border crossing, and the growing demand for name brand products that are at reasonable prices. (For more information on the bill-board, see the following link at: http://i746.photobucket.com/albums/xx102/bizauctions/Advertisement/IMG_1483.jpg).

BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries.  With a long-term strategy to provide liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay, Craig's List, and through BizAuctions Lucky 7's retail stores.  

More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at [e-mail] or [phone]. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/

ABOUT BIZAUCTIONS – ADDRESSING THE INVENTORY PROBLEM

BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of eBay and Amazon commercial liquidation services for excess inventory, overstock items, and returns.  Our clients have included some of the Nation's leading retail names at the forefront of their industries.

BizAuctions addresses the excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and BizAuctions Lucky 7's retail stores, and collecting payment.

We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space.

With a long-term strategy to provide liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory.  

The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2010, and 2009, and the quarterly statements filed in calendar year 2011, and 2010, at www.PinkSheets.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.

SOURCE BizAuctions, Inc.

Copyright 2011 PR Newswire