Factory Closeouts is a China based trading company established in 1991. The main business of Factory Closeouts is the trading of stocklots, excess inventory, liquidation merchandise, odd lots, closeouts, and overstock product that factories and suppliers have available due to cancelled orders, over runs or excess, unwanted inventory. All merchandise we offer for sale is already manufactured and can usually ship within two weeks of order confirmation.

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Factory Closeouts is a direct China based stocklot, closeout, liquidation, and excess inventory trading company. We buy and sell, big lots direct from factory; closeouts that may exist due to canceled orders from the original customer, overruns or unwanted inventory.   All merchandise we offer for sale is already manufactured and can usually ship within two weeks of order confirmation.

Our sourcing offices are located throughout China in Shanghai, Guangdong, Jiangsu and Zhejiang provinces.  All of our offices are staffed by our own employees and we do not use agents or brokers.

Most of our products end up at retail outlets in the discount sphere. Our product has found its way on the shelves of mass merchants, discounters, wholesale clubs, hypermarkets, catalog houses, and on the internet. We have shipped to the world's largest retailers and importers in North America, South America, Europe, and Asia.

We currently focus our sourcing and sales efforts in the following categories of product:

Sporting Goods Electronics
Home Textiles Luggage
Pet Products Storage Items
Housewares Stationary
Seasonal Products Home Decor
   

All of the stocklots that we offer must go through our ordinary routine:

a) Verification : Our team first verifies with the supplier the validity of the stocklot, liquidation merchandise or closeout product. We check the reason for the stock merchandise. Was it a canceled order? Late delivery? Overrun, or excess inventory? What was the original market it was intended for? We verify the available quantities, size specifications, price, packaging, labeling, and age of the product. Lastly, we ensure that no product offered infringes on any trademarks or copyrights of a third party.
b) First Quality Merchandise: We do not sell any product with defects. All merchandise must be 100% first quality.
c) Samples: We provide representative samples of all stocklots that we offer for sale.
d) Inspection : We inspect the quality of the merchandise and packaging of every order prior to shipment with our own in-house inspectors. Customers may also choose to use third party inspectors, or agents, to perform these services.
   

We welcome buyers of stocklots, liquidation merchandise, odd lots, excess inventory, or closeouts to contact us to establish what we hope will be a mutually profitable, long term business. We believe that our product offerings are of the highest quality and are offered at the most competitive prices. We also believe our more than 35 years in this business, integrity, and straight forward approach will earn the trust of any new relationship that is developed.