Binsanity brings a new way to shop in Coshocton
Binsanity had its ribbon cutting ceremony on Friday, Dec. 7 at 1 p.m. Binsanity opened on Wednesday, Nov. 28 and sells surplus items for a discount price.
COSHOCTON – Do you love a good treasure hunt? Then Binsanity may be the perfect place for you to shop. The new store, which opened on Wednesday, Nov. 28, is located at 720 South Second St., Coshocton, and offers customers a whole new shopping experience.
All the merchandise at Binsanity is placed in bins and is grouped by prices. Prices range from $10 to $1 and new items are placed in the bins daily.
Owner Richard Turbaugh has a warehouse in Hebron where he buys semi loads of items to sell to resellers.
“I was tired of making the trip to Hebron all the time,” said Turbaugh. “So I decided to open a store and try it here. My daughter [Trish Noon] has experience in retail, so she is the manager here.”
All products sold at Binsanity are surplus items from major retailers, online shopping networks, and catalogue shopping companies. Surplus items can consist of several different types of items such as excess inventory, shelf pulls, box damage, returns, and undeliverable items. When the items are received, they are put into three feet by three feet by 30 inch wire bins. Turbaugh has no previous knowledge of what is on the semi when it is purchased. Shoppers will find a wide variety of items combined together to create the ultimate treasure hunt experience.
The store also offers a section in the back room where food is sold for $1 per two items. The food still has a good shelf life and may be in a bent or dented box. They also partnered with a food bank and donate any unsold food at the end of the week and receive new food items every Monday.
“This idea came about when my partner and I were unloading a truck and the merchandise spilled all over the floor,” said Turbaugh. “My partner said, just leave it there and we will only charge a dollar for anything that’s on the floor. They jumped into that pile and by the end of the evening, I had made about $800. I decided that there was something to this.”
Turbaugh also has a son in Michigan who opened a similar store last July and it has been doing very well.
“One thing we are doing is, there’s another room in the back there, and we want to set up a place where people can purchase larger items like kitchen appliances,” said Turbaugh. “We’re going to start an online store where people can order online and they can either come in and pick it up or we will ship it to you, just the larger items. We’d charge 50 percent off retail price.”
Binsanity is open Monday through Friday from 10 a.m. – 7 p.m., Saturday from 10 a.m. – 4 p.m., and closed on Sunday.
Category: Business
