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

        KC officially earns title of ‘Tech Hub,’ opening door to massive federal grant funding

        By Tommy Felts | October 24, 2023

        The federal government’s designation of Kansas City as one of 31 U.S. Tech Hubs is expected to further cement the region’s reputation as a leader in vaccine development and biotechnology, said Quinton Lucas, as well as open access to newly launched federal funding opportunities. “The wins keep coming for Kansas City,” said Lucas, mayor of…

        LaunchKC liftoff: Meet 13 startups competing for their share of $300K in grant winnings 

        By Tommy Felts | October 23, 2023

        Kansas City’s premiere grants competition returns in mere weeks with six $50,000 grants on the line, said Becca Castro, and more than dozen startup founders are being interviewed this week to help determine the winners. LaunchKC — a partnership between the Economic Development Corporation of Kansas City, Missouri, and the Downtown Council — plans to…

        AltCap Your Biz reveals 10 finalists vying for $25K grand prize at cornerstone GEWKC event

        By Tommy Felts | October 23, 2023

        A competition aimed at mobilizing the next generation of entrepreneurs and social innovators — along with awarding more than $40,000 in cash prizes to its winners — announced Monday the 10 finalists vying for its 2023 honors. AltCap Your Biz returns to the stage Thursday, Nov. 16 at Plexpod Westport at Park 39 as part…

        Critics challenge DEI as ‘immoral’; this VC has a message for those seeking equity for Black, Brown founders: We are not powerless

        By Tommy Felts | October 20, 2023

        Pushing for equity in long-siloed industries might seem obvious to some, said Marcus Whitney, but advocates for change must remember that not everyone is on board — and some are actively working against level the playing field. “I hate to say it, but we have enemies,” Whitney told a crowd gathered Thursday at Vine Street…