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

        Why Bay Area investors are shifting their gaze from tech to on-the-ground ag innovations

        By Tommy Felts | October 12, 2023

        Agriculture innovation is at a capital-fueled crossroads, said Josh Svaty, describing a growing appetite from well-funded West Coast investors who are hungry for high-yield Midwest solutions. Climate change — and the challenges it poses across industries — is seeding much of that interest, explained the Kansas farmer, former politician, and investor; speaking to Startland News before…

        Foresight announces $100K investment for its AI-fueled fintech fraud solution for banks

        By Tommy Felts | October 12, 2023

        Fresh off completing the Tulsa Techstars Accelerator and NXSTAGE fintech competition in Wichita, a busy Kansas City startup just announced a $100,000 investment from Northwestern Mutual. Foresight — an artificial intelligence platform from serial entrepreneur and investor Jannae Gammage — earned a spot in Northwestern Mutual’s Black Founder Accelerator program alongside four other Black-owned tech…

        Innovation center, investor hub set to open this month on Liberty campus, thanks to family’s gift 

        By Tommy Felts | October 11, 2023

        LIBERTY, Missouri — A significant financial gift to William Jewell College from a family of alumni is expected to fund a new innovation center opening on campus this month. The space is expected to serve as an investor hub and flexible workspace for Kansas City entrepreneurs. The Mathes Innovation Center — made possible by the…

        Sched now: Check out GEWKC’s just-launched, weeklong event lineup with 100+ sessions

        By Tommy Felts | October 10, 2023

        Organizers of Kansas City’s largest multi-day event series for entrepreneurs have opened registration for the Nov. 13-19 sessions, with a three-day, in-person base camp planned for Plexpod Westport at Park 39. “Global Entrepreneurship Week-Kansas City is the best way for the KC metro’s doers, dreamers and makers to gain new skills, make key connections and…