Buying Liquidation Pallets in Dallas – Fort Worth: The Definitive Guide
Buying liquidation pallets to resell can be a great side hustle or full time business. Our guide to buying liquidation pallets in Dallas – Fort Worth will explain what liquidation pallets are, where you can buy liquidation pallets in Dallas – Fort Worth, and give you helpful information about the market for liquidation merchandise in the region.
Why Start a Business in Dallas – Fort Worth – The Numbers
- Dallas – Fort Worth is the fourth-largest metropolitan area in the country with 7.63 million people.
- Dallas and Fort Worth are among the fastest-growing cities in the nation.
- Dallas – Fort Worth has more shopping centers per capita than any other city in the US.
- Dallas alone has a GDP of $535billion. This is a third of the entire $1.6 trillion Texas economy, making the area a huge economic hub.
- Small businesses can get funding to help them establish if they fulfill requirements.
- Huge numbers of tourists and business travelers contribute to the market size – the Dallas – Fort Worth airport is the 4th busiest airport in the world, with 39,364,990 passengers in 2020.
The Market for Discount Merchandise in Dallas – Fort Worth
The Dallas – Fort Worth metroplex is a conurbation of 11 counties making up the fourth-largest metropolitan area in the United States. This metropolitan area in northeast Texas is home to 7.63 million people. This number alone shows the market potential for any business starting in the area.
Source: US Census Bureau, 2020.
It is not just the massive number of permanent residents that contribute to your potential market, but also tourists and students. The Dallas – Fort Worth airport is the 4th busiest airport in the world, with 39.4 million passengers in 2020. On top of this, Love Field airport contributed another 13.3 million passengers in 2021. The Dallas–Fort Worth metroplex also has the highest concentration of colleges and universities in Texas – a demographic famous for needing to budget by buying discount electronics, clothing, and homewares.
The Dallas – Fort Worth metroplex is wealthy, with an increasing number of billionaires – however, there are many deprived neighborhoods in the area:
- The poverty rate in Dallas is above the average for Texas: 17.5% vs. 13.6%. The poverty rate in Fort Worth is 14.49%, also above average.
- Nearly 29% of Dallas homes, and 19% of Fort Worth homes, make less than $25,000 a year.
- Dallas, the largest city in the D-FW metropolitan area, has more people living 185% below the poverty line than any other city in the country. The number of people living 100% below the poverty line is second only to Philadelphia, and a fifth of local families with children under 18 live in poverty.
- Almost all of the lowest-income neighborhoods in the metropolis are south of Interstate 30.
Families struggling financially are always looking for discounted products. Buying liquidation pallets in Dallas – Fort Worth to resell enables you to help these families by providing low-cost products while still having room to make a living yourself. The southern area of the region is most suited to discount stores, flea market stalls, and other local sales.
The market for your business is not the only selling point for setting up a business in Dallas – Fort Worth; there is also a favorable tax environment. Texas charges small business taxes as ‘franchise taxes.’ A franchise tax is not based on income but is based on your entity’s net worth. Small businesses below a certain amount of income pay no franchise taxes. From 2021 onwards, the income amount is $1,180,000. This means smaller enterprises pay no business tax at all.
As you can see, Dallas – Fort Worth is a great place to start a business, especially a discount merchandise business. But what can you expect buying liquidation pallets in Dallas – Fort Worth, and where can you source them from?
Source: US Census Bureau, 2020.
What Can You Expect When Buying Liquidation Pallets?
Retailers have to deal with surplus merchandise for different reasons. This surplus merchandise can be purchased in four main formats:
A customer return refers to a product bought by a customer, either in-store or online and subsequently returned. This could be for several reasons, such as buyer’s remorse or the item not working. When a product is returned, if it can not be put back on the shelves (or relisted online), the retailer is left with no choice but to liquidate it.
Overstock is brand-new stock that was never sold to customers, often due to seasonality or version upgrades. Also known as ‘store stock’ liquidations.
Shelf pulls are items that have been taken off store shelves because they did not sell. These are often seasonal products, older versions, or end-of-life items as with overstock. Some liquidators call these ‘jobouts.’
Closeouts are products taken from stores that have closed, moved, or are undergoing renovation. This merchandise is also brand-new.
Where to Buy Liquidation Pallets in Dallas – Fort Worth
The area has more shopping centers per capita than any other city in the US. With this huge amount of retail (which is a major tourist draw), there are bound to be plentiful amounts of surplus merchandise. These are the top sources of liquidation pallets in the Dallas – Fort Worth area:
7100 Oak Grove Road, Fort Worth, TX 76140
10610 Newkirk St #202, Dallas, TX 75220
9330 Lyndon B Johnson Fwy, Dallas, TX 75243
1943 Golden Heights Rd Ste 120, Fort Worth, TX 76177
4871 N Beach St, Fort Worth, TX 76137
5819 Rendon Bloodworth Rd STE 230, Fort Worth, TX 76140
Source: Visit Dallas-Fort Worth, 2021.
Top Flea Markets and Swap Meets in Dallas
Flea markets and swap meets are ideal locations to sell discounted merchandise from your liquidation pallets in Dallas – Fort Worth, allowing you access to customers without the overhead of managing a full retail location. We’ve listed some of the largest here:
Harry Hines Bazaar
10788 Harry Hines Blvd, Dallas, TX 75220
Website | 1 323-924-1100
Bargin City Bazaar
735 N Westmoreland Rd, Dallas, TX 75211
Facebook | 1 214-330-8111
9334 E R L Thornton Fwy, Dallas, TX 75228
Website | 1 214-367-8452
3035 N Buckner Blvd, Dallas, TX 75228
Facebook | 1 214-319-7600
Uncommon Market Dallas
100 Riveredge Dr, Dallas, TX 75207
Website | 1 214-871-2775
Traders Village Grand Prairie
2602 Mayfield Rd, Grand Prairie, TX 75052
Website | 1 972-647-2331
La Pulga Seagoville
1706 US-175, Seagoville, TX 75159
Website | 1 214-695-7719
Super Fiesta Bazaar
Blvd local 2 G, 712 S Walton Walker Blvd, Dallas, TX 75211
2800 W Irving Blvd, Irving, TX 75061
Website | 1 972-457-0919
3009 Commerce St, Dallas, TX 75226
Website | 1 469-520-3222
Fashion Center Dallas
2050 N Stemmons Fwy, Dallas, TX 75207
Website | 1 214-655-6100
Old Rooster Creek Flea Markets
4736, 10424 Co Rd 1099, Princeton, TX 75407
Website | 1 214-924-7360
City View Antique Mall
6830 Walling Ln, Dallas, TX 75231
Website | 1 214-824-4136
Pate Swap Meet
3545 Lone Star Cir, Fort Worth, TX 76177
Website | (817) 608-7293
DL Treasures Indoor Flea Market
203 TX-342, Red Oak, TX 75154
Website | 1 972-352-0572
Source: The Balance, 2020.
Storage Units in Dallas – Fort Worth
When buying liquidation pallets in Dallas – Fort Worth, you need space to store merchandise. If you’re just starting out, it’s best to use a spare room or garage to minimize costs. If you need more space but aren’t ready for a full warehouse, you’ll be happy to know there are plenty of storage units in the area. We’ve listed 5 of the least expensive:
Peyton’s Place Self Storage
562 W Lawson Rd, Dallas, TX 75253, United States
5’x5’: $39 /month
10’x10’: $95 /month
10’x20’: $155 /month
Extra Space Storage
4114 N Central Expy, Dallas, TX 75204, United States
5’x5’: $45 /month
10’x10’: $126 /month
10’x20’: $396 /month
Macho Self Storage Dallas
1750 W Northwest Hwy, Dallas, TX 75220, United States
5’x5’: $52 /month
10’x20’: $162 /month
2420 N Haskell Ave., Dallas, TX 75204, United States
5’x5’: $71 /month
10’x10’: $199 /month
10’x20’: $293 /month
Deep Ellum Self Storage
3215 Hickory St, Dallas, TX 75226, United States
10’x10’: $150 /month
10’x20’: $209 /month
The Dallas – Fort Worth metropolitan area is a huge market of more than 7.63 million people, a huge number of students, and a large transient population. On top of this, there are many economically depressed areas with hundreds of thousands of families looking for discounted goods. Also, as a huge shopping hub, the metroplex has a large amount of surplus merchandise for sale. These factors add together a great environment to start buying liquidation pallets in Dallas – Fort Worth to resell.