Believe it or not, you can make meaningful money as a thrift store flipper. The most successful flippers make over $100k per year reselling their thrift store finds. If you do a quick Google search, you'll find many stores of people pulling big numbers from reselling all sorts of items.
How do thrift shops make money?
While thrift stores usually obtain their inventory by donation or consignment, they – like any other business – still have their operational expenses. As the owner of a used merchandise retailer, you're responsible for your employees' salaries as well as insurance costs, rent, utilities and marketing.
Is thrift store flipping profitable?
Thrift store flipping can be very profitable, but it does require a lot of work. It sounds so easy to buy a couple of things, list them online, and make money. But you really do have to spend a lot of time shopping for the right items, taking photos and listing them, organizing your inventory, and shipping.