October 22, 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

Gasoline Prices: Why Are They Going Down Now?
Gasoline Prices: Why Are They Going Down Now?

Gasoline prices in the U.S. are the lowest they've been in four years. Why?

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Jeb Bush has said he'd accept tax increases as long as they are paired with federal spending cuts. This stance runs counter to conservatives who oppose tax hikes. Is Bush right?

  • Yes - raising taxes should be considered
  • No - there's enough money, need to manage it better

See Results

Ballot Box
Subscribe