Took the plunge

I wasn't sure if I really wanted a bunch of ladies products to sell, but hey I went for it.

Congrats! Hope it turns out some good finds. Let us know how it went.

good luck! Let us know if you find anything good!

Congrats.Let us know how you do!

Thanks for the encouragements!

I spent $200 on the unit and so far I think I'm looking at a minimum of a $4K profit. I'm basing my selling prices on completed listing sell prices on eBay for the same products that were in my unit. The unit was full of unopened boxes of Chanel Beauty products like clothing, perfumes, creams, cleansers, makeup, etc. I was very selective in the type of unit I was looking to buy. I avoided units with furniture like the plague. So far I'm happy with how things are turning out. Time will tell and I'll try to post an update after I've sold all that I can.

Wow...what a lucky unit, been going the past 3 months, more than 150+units collectively and have yet to come across a unit that good. Congrats!

Thanks for the encouragements!

The unit was full of unopened boxes of Chanel Beauty products like clothing, perfumes, creams, cleansers, makeup, etc.

Sounds like a good one all right !  Be sure to do extensive research on the brand. This would include the outer boxes, shipping invoices (if any) printing on the individual items boxes, printing on the items themselves. You wouldn't want to put something on eBay, sell it and then find out from the buyer it was a counterfeit.

Of late the MAC brand of cosmetics has seen huge counterfitting; I have seen copies being sold at my local flea market.
The internet usually has good material on what makes the copy different from the original. eBay may have tutorials on this as well.

I took the plunge too and did some research on Chanel counterfeits !

The first link below is essentially a news story about Chanel copies

internetretailer (dot) com/2011/09/22/chanel-accuses-hundreds-e-retailers-selling-counterfeits

The next three links are eBay "tutorials" on copies

reviews (dot) ebay (dot) com/HOW-TO-SPOT-A-FAKE-CHANEL_W0QQugidZ10000000001327063

reviews (dot) ebay (dot) com/FAKE-CHANEL-products_W0QQugidZ10000000004022297

reviews (dot) ebay (dot) co (dot) uk/XMAS-UPDATE-CHANEL-FAKE-COSMETICS-PHOTO-GUIDE-29-11-08_W0QQugidZ10000000001470058

I took the plunge too and did some research on Chanel counterfeits !

I appreciate the heads up and the research time. I'm 100% certain the products are real. The woman that owned the unit was a salesperson and would go into local stores and setup the Chanel counters for them. All of the paperwork was in there to support this, including store layouts, invoices, etc. The shipping boxes in the unit also had packing slips on them and the return addresses were from Chanel itself and not some overseas address or mysterious distributor. There was also a couple of counter display units for the product and some canvas banners with the older Chanel logo on them. I could be completely naive, but I wouldn't think a counterfeiter would have any of these extras in there.

I'm not new to this storage locker auction thing and I've been self-employed for close to 20 years, have done stock market investing/trading, and have been buying and selling on eBay since about 2004. So although there could be some risk, I still like to think I have a good head on my shoulders for this type of thing.

Just to give an update, after one week of selling I topped $2,300. Between the cost of the unit, labor to help clean it out, shipping supplies, and shipping charges my out of pocket is just shy of $600. So right now I'm sitting on $1,700 profit this past week and I'd say I'm only about 10% sold.

Very nice locker.