July 23, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — BizAuctions, Inc. (OTC: BZCN), a provider of commercial eBay (NASDAQ: EBAY) and Amazon (NASDAQ: AMZN) liquidation services for excess inventories, overstocks, and returns, and La Jolla Liquidation and Auction Co. said that their joint venture is in the final stages of opening a retail store in early to mid-August of this calendar year. According to the companies, the retail store location is around 3,000 sq. ft. in size and is located within BizAuctions current 23,000 sq. ft. office-warehouse in Otay Mesa, California.

BizAuctions said its office-warehouse location — near the Otay Mesa Road-905 highway and the 805 highway juncture in San Diego –carries in excess of 60,000 cars a day. The firm said that with correct signage and adequate marketing, BizAuctions-La Jolla Liquidation can draw from a large base of potential customers that utilize these highways each day.

California-based BizAuctions addresses the excess inventory problem of its clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay and Amazon, and collecting payment.

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