4 Flipping Business Success Stories [2024]

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Updated: December 10th, 2023

Start A Flipping Business

Flipping is a business where you buy discounted or liquidated inventory and resell it at a profit. As a flipper, you need to have good product research skills to find profitable arbitrage opportunities.

You can choose to sell your products online or in retail stores and build your inventory based on customer demand, which can provide you with scalable returns.

Flipping works best for products that have a steady market value and are easily accessible such as media, clothing, tools, or electronics.

Buying low and selling high across different product categories is an agile business model that requires patience and an eye for valuations. Understanding the supply and demand is crucial to succeed in this business.

Here are some real life success stories of starting a flipping business:

1. Second Time Sellers ($204K/year)

How much they make: $204K/year
How much did it cost to start: $50
Current team size:

$17K in the Last 30 Days: Building a Reselling Business from Scratch

Case study: These founders are flipping used items for up to 10 times their original cost, with their first acquisition being purchased for $50 and sold for $450, and have set a target of making $250,000 in the upcoming 12 months through their eBay store specializing in professional car care supplies and electrical and tools.

About

They started Second Time Sellers over 3 years ago

Revenue

They grew the business to $17K/month

Costs

It cost $50 to start the business

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Read by 787 founders

2. Flea Market Flipper ($99.6K/year)

How much they make: $99.6K/year
Current team size:

This Couple Earns Over $100,000 Flea Market Flipping – They Think You Can, Too

This case study showcases the success story of a couple who make over $100,000 a year through flea market flipping, and how they help others start their own profitable reselling businesses.

About

Rob started Flea Market Flipper almost 10 years ago

Revenue

Rob grew the business to $8.3K/month

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Read by 628 founders

3. Charlie Hustlez Books ($108K/year)

How much they make: $108K/year
Current team size:

Flipping Books for Profit: How to Make $4000 a Month Selling Used Books

This case study outlines how Charlie William went from reselling books as a side business to making over $9,000 each month as an Amazon FBA seller.

Revenue

They grew the business to $9K/month

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Read by 641 founders

4. Smart Flippers ($120K/year)

How much they make: $120K/year
Current team size:

$1K/Week Flipping Phones: How to Flip Phones for Profit

Learn how a cell phone flipper resells 20-30 used iPhones, making $100 on each sale, and built a website to educate and provide tips on how to profit from reselling phones.

About

They started Smart Flippers over 3 years ago

Revenue

They grew the business to $10K/month

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Read by 372 founders