Business At A Glance
Used Furniture Store
Startup Costs: $50,000 – $100,000
Online Operation? No
Business Overview
Purchasing secondhand furniture at auction sales, garage sales and from classified advertisements and estate sales is the starting point for opening a used furniture store, or reselling secondhand furniture right from your home. There are a great number of benefits to starting a business that sells secondhand furniture:
- No special skills or equipment requirements
- Relatively low initial startup and monthly operating costs
- Great profit potential, as used furniture can be marked up by 100 percent or more
- Very little in the way of government regulations beyond a business license
- Proven stable and profitable retail industry