Last month we sold four items to make over $4,000 on eBay.
If you don’t know, we tend to gravitate toward items that are going to make us large profits rather than spending hours doing a bunch of small items to make $5-$20 profits. We try to 10X our investment.
Let’s dive into the eBay fees, shipping costs, and of course, the profits.
Item #1 – Carpet Scraper
The carpet scraper was an electric machine with a motor that sits on top of it. The motor oscillates the blade and it does chipping or scratching to get the tile or carpet up. It’s a commercial unit. We got it from one of my vendor friends that we’ve purchased from over the years. I was able to ship it in two boxes rather than ship it via freight.
Sold: $500 + $150 for shipping
COGS (cost of goods sold): $75
eBay Fees: $87
Shipping: $131
Profit: $357
Item #2 – Boombox
I got the boombox from a thrift store. I had looked up boomboxes on eBay and saw that some of them were selling for a lot. This one was from the early 1990s. It had two tape decks and a five CD changer on top. Before we sent it off, I pulled out some old CDs and tapes to make sure it worked and the kids had a blast with them.
Sold: $250
COGS (cost of goods sold): $15
eBay Fees: $25
Shipping: $21
Profit: $189
Item #3 – Oxygen Bar
We were on a road trip when I found this oxygen bar at a thrift store. I didn’t know what it was but did some research and saw retail on it was $2,000-$3,000.
Since this one sold for $750 we had to have the buyer sign for it. Anything over $750, you need to have your buyer sign for it. eBay requires that to verify they receive the item. It’s also a good reminder to always add extra insurance in case something happens to your product in shipping.
Sold: $750
COGS (cost of goods sold): $10
eBay Fees: $105
Shipping: $27
Profit: $608
Item #4 – Wheelchair
I had this wheelchair for a while. I was regretting it after I bought it because it smelled like cigarette smoke and I wiped it down, scrubbed it, and it wouldn’t go away. Eventually I got a big mattress bag from U-Haul, drove it in there, and sprinkled a whole box of baking powder all over the unit.
I sealed up the bag, left it for a couple days, and then repeated the process. When I pulled it out after about a week, the smoke smell was gone. Then I took all the plastics off and the cushion and washed all of that. It turned out well.
Sold: $2,500
COGS (cost of goods sold): $250
eBay Fees: $314
Shipping: $437
Profit: $1,499
That’s a recap of what we sold last month to make about $4,000 with just four items and only about 10 hours of work into it.
Show Notes
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