Prestio founder dissolves headaches of business closings, pivots with Liquify Group

March 5, 2019  |  Austin Barnes

Kelli and Glen Dakan, Liquify Group

Closing a brick-and-mortar space is difficult enough, said Glen Dakan. Why should entrepreneurs be forced to endure the pains of offloading expensive equipment too?

Such a predicament prompted Dakan and his partners to create a remedy for the common pain point: Liquify Group, a newly launched service that helps businesses liquidate their assets through a simple, online or offline process. Sellers are connected with buyers via the platform, said Dakan, co-founder of Liquify Group and CEO of Prestio, an internet car sales startup.

Click here to learn how Prestio is innovating the internet car buying space.

“[Liquify Group] helps the business owners not have to worry about a big headache. And it also helps the people looking to start their next business or their next restaurant [buy equipment at about] 50 percent off of retail,” he explained, noting the solution to what he called a “triple pain point.”

It’s pain he’s experienced first hand, Dakan said. He reached out to a friend for help a few years ago when it was time to close his luxury Crossroads car dealership, Dakan explained.

The two combined forces to form Liquify Group, which is operated by Dakan’s wife, Kelli, who serves as CEO.

“We had unique skill sets to make this model happen and, through word of mouth, more business owners came to us and said, ‘Hey, you know, I’m really in a bind here, can you help me out?’ And it just kinda grew from there.’”

With unlimited opportunity, Liquify Group also helps businesses that have scaled and are looking to relocate, Dakan added, noting that the community resource startup isn’t limited to assisting only bankrupt of failed ventures.

Click here to browse Liquify Group’s current listings.

Officially launched in January, Liquify Group held its first office liquidation sale last month. Such an event aims to increase exposure of Liquify Group’s efforts, an effort the company is heavily focused on as they look to build clients in “lean startup mode,” Dakan said.

Offering a much-needed community resource, Dakan said, he believes Liquify Group can save Kansas City small businesses money and enable local entrepreneurs to make more efficient use of their time.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2019 Startups to Watch

        stats here

        Related Posts on Startland News

        Royals change stadium plan to keep Oak Street open to traffic, but fate of businesses is uncertain

        By Tommy Felts | March 27, 2024

        Editor’s note: The following story was published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. The Royals’ original plan was to place the team’s corporate offices and entertainment venues on Oak Street, which would close the…

        Royals Crossroads ballpark plan revs parking debate; how ‘creatures of comfort’ would need to adapt to a new downtown

        By Tommy Felts | March 27, 2024

        Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. Here’s the essential message that the Kansas City Royals have for folks fretting about…

        Drug side effects could kill you; meet the KS lab team using DNA testing to save patients

        By Tommy Felts | March 26, 2024

        A clinical reference laboratory in Olathe is working to make DNA testing for genetically optimized medications more routine and accessible in healthcare, Dr. Ziyan Pessetto shared. Sinochips Diagnostics — founded in 2019 by Dr. Jiawu Song, along with Pessetto and Dr. Andrew Godwin — was conceived with the vision to make pharmacogenomics (PGx) an integral…

        PHKC planning to open its retail incubator in mid-May; here’s a first look inside the east side space

        By Tommy Felts | March 26, 2024

        A new space for entrepreneurs to test-run their retail businesses is envisioned as a 12- to 16-month stepping stone to their own permanent storefronts or locations, said Dan Smith, and the resource could be open as soon as this spring. “We’re preparing entrepreneurs to open their own brick and mortars on the east side,” said…