![]() At this stage, you might rent an office space and hire staff, reducing your margin to 30%. Once you build your brand you might handle three estate sales every month. Costs and overhead will leave you with a 50% margin, leaving you with an annual pre-tax profit of around $150,000. If you handle one a month in your first year, you’d make $300,000 in annual revenue. Setting aside the value of the real estate, the net worth drops to about $100,000.Īt 25% commission, this means that every estate sale should generate $25,000 in revenue. Most estate sale companies charge their clients somewhere between 25% and 50% of the value of all items sold, earning an average commission of 38%.Īccording to the Federal Reserve, the average American family has an estimated net worth of about $750,000. How much can you earn from an estate sale business?Įstate sale revenue varies widely, as you’ll generate more from an estate that has high-value merchandise. You may also need to lease a storage facility to keep unsold items for off-site estate sales. Truck for transporting items to auction site. ![]() ![]() You’ll need a handful of items to successfully launch your estate sale business. Most estate liquidators spend $8,500 on average to get their business off the ground.Ī significant portion of this money goes toward buying equipment, branding, advertising, and marketing. Startup capital for an estate sale company ranges between $2,000 on the low-end and $15,000 on the high-end. How much does it cost to start an estate sale business?
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