Liquid Asset Partners recently completed a successful going out of business liquidation sale of CSS Appliance, a major Chicago area wholesaler of high end appliances. The sale lasted five weeks and was met with strong demand for the consumer goods.

"There are definite weak spots in this economy, but demand for high end consumer goods remains strong," noted Bill Melvin – CEO of Liquid Asset Partners. "The recovery in this sale was tremendous and exceeded expectations."

The wholesaler supplied high end brands by Viking, Wolf, GE, Décor, Kitchenaid and Sub Zero from its Naperville, IL location to custom builders throughout the Chicago area. The inventory featured a wide variety of cooktops, refrigerators, ovens, slide in ranges, hoods, as well as the custom cabinetry displays and equipment.

Bill Melvin notes "Our company has seen a major increase of privately owned contractor supply businesses being closed in the Chicago area in the last 12 months. Companies with inventories from Door Hardware, Tools, Electrical, HVAC, Lighting and others.  The recoveries vary from project to project, but well know brand names and high end products still recoup the best value."

Liquid Asset Partners is a North American liquidation, auction, and appraisal firm. Since 1974, their management has worked with banks, retailers, bankruptcy courts, trustees, manufacturers, small businesses, and lenders.