Dixie would travel the world in the '50's, ‘60’s & '70's to buy huge quantities of motorcycle parts from Europe and Japan. They were a master distributor very early on and everybody in the business knew it.
Columbus, OH & Lake City, FL (PRWEB) August 20, 2015
Liquid Asset Partners has been retained by Dixie Distributing and Dixie International (Dixie) to solicit bids for all the assets of Dixie in bulk. The famous Dixie was similar to a modern day Overstock.com, buying all the major manufacturer closeouts from 1940 until the 2000’s. Pickers from across America would love the historical inventory of antique motorcycle parts Dixie has, all in like-new condition.
Background: Dixie was founded in the 1940’s as a major distributor of closeout motorcycle & manufacturer parts for American, European and Japanese motorcycles. Purchasing companies in bulk and enormous overstocks direct from manufacturers and banks, they amassed one of the largest inventories of motorcycle parts in the world, which they sold through a vast network of dealers and customers across the world in the 1950’s, 60’s, 70’s, 80’s, 90’s and beyond. The current inventory value is estimated at over $25 million at catalog prices. In recent years, the company has moved locations and faced challenges for inventory management and modernization to keep pace with the growing online sales business. The current sale of the company is a once in a lifetime opportunity for investors, competitors and business owners to purchase a complete business with a huge inventory in bulk. The future opportunities are endless.
Dixie was owned by Harry Denune, who passed away just over two years ago at the age of 90. One of the first things Harry did was purchase the entire stock of Harley-Davidson spare parts from the U.S. Army surplus after WWII ended, which is still on the Dixie inventory.
“Dixie would travel the world in the '50's, ‘60’s & '70's to buy huge quantities of motorcycle parts from Europe and Japan. They were a master distributor very early on and everybody in the business knew it,” said Bill Melvin of Liquid Asset. "Now, this company is ripe for a new owner who can modernize the sales process. This inventory is ready to sell for another 30 years, or more!"
The current company is for sale in bulk with all inventory, equipment, intellectual property and customer lists. The inventory is estimated at over $25 million at wholesale catalog prices (which are typically half of eBay prices). Dixie currently operates out of two facilities in Ohio and one in Florida, with a total footprint of nearly 600,000 sq ft.
Parties interested in assets please contact:
Liquid Asset Partners
Interested media parties please contact:
Liquid Asset Partners