Wise Buys Goes Out of Business; What Should Replace It?

With the company gone due to financial turmoil, its space remains open to new possible business.

Wise Buys Liquidators, Inc. wrapped up its going-out-of-business sales recently, bringing end to the company's four-year operation.

In a letter obtained by the Sacramento Business Journal, Wise Buys CEO Gary Cino cites "financial distress" as a major contributor to the company's downfall. The four-year-old company had stores in Citrus Heights, Folsom, Roseville and Elk Grove.

In March, Wise Buys closed its doors in Citrus Heights and by August, the company began liquidation sales at all its branches. At the beginning of the sales, Cino noted they would last somewhere between 60 to 75 days. Those liquidation sales have since ended.

Wise Buys stores were located at 1012 Riley St. in Folsom, Roseville Square shopping center in Roseville and at 8457 Elk Grove Blvd. in Elk Grove.

With the closure of the stores, space becomes available for a new business to take its place. If it was up to you, what would see replace your local Wise Buys store?

Let us know in the comments section below.

Tom Brown December 04, 2012 at 08:06 PM
A no brainer if you ask me. What could possibly be more successful than a 24 hour tattoo parlor located between two Walmart's?
Bwood December 05, 2012 at 05:06 AM
Tom, indeed!!


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