Used Appliance Sales

Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? Yes

A tidy profit can be earned by selling used appliances, such as refrigerators, stoves, washers, and dryers, right from a homebased location. Get started by building a resource library in terms of appliance models, manufacturers, and retail selling prices when new. This type of resource library will prove invaluable when buying secondhand appliances for resale purposes. To secure a initial inventory of used appliances to sell, begin by attending auction sales, garage and estate sales, and scanning your local classified newspaper ads for good used appliances at bargain basement prices. Your target market for resale will include people on a budget, owners of secondary homes, and owners of residential rental and apartment properties. Some basic knowledge of home appliance repair will come in handy, as well as a good, heavy-duty moving dolly and a pickup truck or utility trailer. Aim to maintain a 50 percent markup on all appliances sold and to generate gross annual sales of $50,000 and this simple part-time homebased business will produce gross profits of $15,000 per year.

Used Appliance Sales Ideas

Leather Fashions

Rope in customers by offering leather clothes and accessories with large profit potential.

Lingerie Shop

Put a swagger in women's steps by providing them with attractive lingerie.

Framed Movie Posters

Picture this: A business surrounding movies.

More from Business Ideas

Business News

He 'Accidentally Discovered' a Semi-Passive Side Hustle in College — Now He's on Track to Make More Than $500,000 This Year

When a lack of funding put a stop to Zach Downey's pizza vending machines, he stumbled upon another lucrative idea.

Growing a Business

5 Ways to Avoid Unfair Business Practices While Protecting Your Business and Customers

Building your business on a firm, fair and ethical foundation helps reduce risk and protect your brand over the long haul.

Growing a Business

Ask Marc | Get Free Advice About Your Business From the Co-Founder of Netflix

Get free business advice during our next Ask Marc, live Q&A, on 2/15/24 at 2 PM ET. You don't want to miss it—send in your questions now.