Surplus Sale

A surplus sale refers to the sale of excess goods, products, or inventory that an organization, business, or government entity no longer needs or cannot utilize. This type of sale often occurs to clear out outdated, surplus, or surplus inventory to make space for new items, reduce storage costs, and recover some financial value from unneeded items. Surplus sales can include a wide range of items such as office supplies, equipment, furniture, vehicles, or merchandise. They are typically conducted through auction, liquidation events, or online sales platforms, and may offer discounted prices to attract buyers.