Government Surplus

  Government Surplus business.

  Business Overview

  Purchasing secondhand government products and surplus equipment for pennies on the dollar of the original value and reselling these items to consumers at marked-up prices can make you rich. Every year in the United States various levels of government offices and agencies sell off used equipment, such as fleet vehicles, computer hardware, and office equipment. This surplus equipment is typically sold by way of auction or through a tender process, and providing these surplus items can be purchased at the right price, they can often be resold to consumers for two or three times what you paid the government for them. Using the Internet you can locate these government surplus sales and auctions and begin to purchase surplus equipment. Likewise, the Internet can also be used as a powerful marketing tool for reselling these same surplus items by posting classified ads, listing the items with online auction services, and placing notices in newsgroup forums.