Turning Liquidation into Opportunity: Sapphire Community Projects Raise $30,000

Strategic Insights -

Sapphire Community Projects, a non-profit organization, has managed to turn a liquidated fashion store's assets into a significant opportunity. The store had been inactive for six months, but with the authorization of Jo from Bega Village, the charity was given the chance to sell the remaining stock, including clothing, racks, and computers. The first day of the sale was a huge success, with a "Black Friday"-like turnout of customers, some of whom waited an hour and a half to reach the checkout. The efforts of Sapphire Community Projects raised a staggering $30,000, which will be used to support Ricky's Place's Christmas lunch and new appliances, as well as the Sapphire Community Pantry's winter hamper costs.

Key Takeaways:

  • Sapphire Community Projects managed to raise $30,000 by selling the remaining stock of a liquidated fashion store.
  • The funds will go towards supporting Ricky's Place's Christmas lunch and new appliances, as well as the Sapphire Community Pantry's winter hamper costs.
  • Over the last financial year, Sapphire Community Projects have done close to $23,000 in food hampers.
  • The pantry relies on donations and has a food donation bin near Woolworths at Bega Village.
  • Bega Village is proud to continue its partnership with the Sapphire Community Pantry, donating stock to assist with their fundraising efforts.
  • The Sapphire Community Projects' manager, Mandi Rush, expressed her gratitude and excitement about the opportunity, saying she was "over the moon" when she heard about the chance.
  • The non-profit organization has been actively involved in supporting the local community, with the manager mentioning that people come in and tell her they're hungry, and the pantry provides them with food and other essential items.

Statistics:

  • $30,000 raised by Sapphire Community Projects through the sale of the stored stock.
  • Close to $23,000 spent on food hampers by Sapphire Community Projects over the last financial year.
  • The pantry provides essential items to those in need, with a food donation bin available for shoppers to support the cause.
  • 1 hour and 30 minutes - the average time customers waited in line to reach the checkout on the first day of the sale.

Sources:

  • Mandi Rush, manager of Sapphire Community Projects, as reported by Bega District News.
  • Joanna Ravan, retail property manager for Bega Village and Merimbula Square, as reported by Bega District News.