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New to Storage Auctions? / Reupholster?
« on: February 09, 2014, 12:55:42 PM »
A bit of a noob here, and question on furniture.
I have purchased two lockers now and they contained some furniture including a couch and loveseat combo, plus a smaller rocking/swivel chair. They don't look to be in horrible condition, but kind of dated look and fabric is somewhat worn. Honestly, I think if I were shopping for this kind of furniture myself I would not likely give it a second look, unless the price was a steal.
Anyway, interested in your thoughts...are there buyers out there that invest the time and money for fabric/tools to reupholster the furniture they find? Do you find it a worthwhile process to make furniture more salable and/or at a higher price point - or do you find you spend too much time/money to make a worthwhile profit? If you do this work, do you worry about going from taking "generic furniture" to one so unique that you limit your potential customer to those looking for a "niche" or custom product (so more difficult to sell)?
Honestly, if I can flip more quickly I'd lean that way but curious on to the way to a larger profit and/or greater ability to sell (such as everyone, right?)
Looking forward to your thoughts!
I have purchased two lockers now and they contained some furniture including a couch and loveseat combo, plus a smaller rocking/swivel chair. They don't look to be in horrible condition, but kind of dated look and fabric is somewhat worn. Honestly, I think if I were shopping for this kind of furniture myself I would not likely give it a second look, unless the price was a steal.
Anyway, interested in your thoughts...are there buyers out there that invest the time and money for fabric/tools to reupholster the furniture they find? Do you find it a worthwhile process to make furniture more salable and/or at a higher price point - or do you find you spend too much time/money to make a worthwhile profit? If you do this work, do you worry about going from taking "generic furniture" to one so unique that you limit your potential customer to those looking for a "niche" or custom product (so more difficult to sell)?
Honestly, if I can flip more quickly I'd lean that way but curious on to the way to a larger profit and/or greater ability to sell (such as everyone, right?)
Looking forward to your thoughts!