SB360 Case Study
Grocery
SB360 has earned a reputation as the leading provider of disposition solutions for the grocery industry. We’ve worked with many of America’s largest grocery companies, monetizing more than $1 Billion of inventory from 1,000s of stores. Whether it’s liquidations of underperforming stores, fixed asset sales, auctions, or cleanout services, we have grocery in the bag.
Retail Liquidations
A national Grocery Chain received an unsolicited offer for one of its owned properties. The offer’s financial upside was significant, but the allotted timeframe to turn the property over was aggressive. It necessitated closing the store quickly and completely clearing the space. The Company selected SB360 to work through every aspect of the process.
The SB360 team hit the ground running. A liquidation sale began with a 35-day plan to maximize gross recovery on inventory. As part of the plan, SB360’s proprietary replenishment model kept fresh meats, dairy, and bread flowing to maintain foot traffic and drive volume during the sale.
SB360 cataloged and sold saleable FF&E via an online auction. SB360 then cleared the space to the bare walls.
Total time elapsed – 58 days, from notification to vacate.
Fixed Assets
The Fixed Asset Recovery Group at SB360 is well known for selling FF&E of all types from any facility. But our capabilities go beyond typical asset sales.
When a regional grocer needed a cost-effective solution to refixture and update the aging FF&E in select stores, they turned to SB360.
Using the company’s owned assets, which were warehoused in various facilities, SB360 developed a replacement list of newer fixtures and equipment pulled from closed stores and resets. SB360 implemented a plan to redeploy the idle equipment, repurposing assets the company already owned to refixture select stores and stretch the equipment purchase budget.
Cleanout Services
When a landlord wanted to repurpose a site, replacing a closed grocery store with a storage facility, they turned to SB360 to devise a cost-effective plan to clear the site.
We cataloged all available equipment and ran an online auction to encourage broad participation.
Beyond the FF&E sold through the online auction, we harvested all recyclable materials of value from the space. Proceeds from the recyclable materials gave the client positive cash flow, offsetting the cost of clearing the site.
SB360 Capital Partners delivers results.
- Our proven methodology maximizes the recovery value of store inventory
- We use a proprietary replenishment model to maintain foot traffic for the duration of the Sale Event
- We operate with extreme sensitivity to protecting the brand and any ongoing locations
- Our tag Sales tap into SB360’s local and international network of fixture and equipment buyers
- We conduct live auctions with licensed in-house SB360 auctioneers
- We offer online auctions using the most sophisticated platforms
- We work with a client’s RE group and landlord to determine the work scope
- We appraise the store equipment “in place” for RE valuation
- Our teams will sell off, redeploy, or scrap equipment and fixtures
- We harvest and monetize recyclable material to reduce the carbon footprint
“SB360 handles everything from product liquidation, equipment inventories, removal and redeployment of equipment, equipment auctions, and complete cleanouts of our closing/transferred facilities. They have high-quality service standards and always go the extra mile to make sure they meet our needs.”
-VP Construction, Maintenance, Design & Procurement
Albertsons Companies, Inc.
Our Work
SB360 Capital Partners delivers innovative solutions that enable companies to navigate complex business challenges. We’ve worked with hundreds of businesses to manage change, restructure assets, restore profitability, and unlock new liquidity from underperforming assets.
Minimize the risk. Maximize the recovery.
SB360 Capital Partners
SB360 delivers a full spectrum of services to retailers, wholesalers, and manufacturers of all sizes. We offer timely, flexible, and creative solutions inspired and developed by seasoned retailers and merchants. Our principals and merchants have managed thousands of stores and billions of dollars in wholesale and retail inventory.
As the company that defined asset value maximization, SB360 remains at the forefront of the industry, delivering innovative solutions that help companies navigate complex business challenges. We’ve worked with hundreds of businesses to manage change, restructure assets, restore profitability, and unlock new liquidity from underperforming assets – and we’ve done it more effectively than anyone else.