October 24, 2014

Business Profile ofr Miami-Dade

Merchandize Liquidators

When department stores, national drugstore chains and major wholesalers have overstock or closeout inventory, Merchandize Liquidators scoops it up and resells it to retailers around the world.

Joe Martin
Joe Martin
The Miami Gardens-based company had 2011 revenue of $5.4 million, up from $2.2 million in 2010. During the first half of this year, revenue doubled over the first half of last year, and Joe Martin, the company’s founder and president, projects full-year revenue will be between $8 million and $10 million.

Nearly 80% of the clothing, cosmetics, electronics and other merchandise the company sells is shipped to sellers overseas, and that diversity is key to survival, Martin says. “If I was depending on the U.S. market, my growth wouldn’t be near where it is right now,” he says. Demand is constantly shifting. “After the Arab spring, we starting seeing a lot of demand coming from Arab countries, especially Libya,” he says.

Tags: Miami-Dade

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Fabien Cousteau
Fabien Cousteau

This summer, Fabien Cousteau lived for 31 days aboard the Aquarius, an underwater research laboratory nine miles off the coast of Florida.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How much do you get into Halloween?

  • I'm into it - parties, decorating, theme parks, whatever I can fit in
  • I just participate for the kids
  • Boo - I keep the lights off to avoid trick-or-treaters

See Results

Ballot Box
Subscribe