Gahela User Guide Product Expiration
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Product Expiration

The Product Expiration extensions provides the option on the product edit page to set a date where a product will be disabled and no longer available to purchase at your store. 
  
product-expiration.png

A cron runs every 5 minutes to check for expiring products, and changes their status to disabled.  To re-enable a product change the expiration to a later date (or remove it), and change the product's status to 'Available'.