How Much Does It Cost To Start A Sneaker Reseller Business?

Startup Costs

Wondering how much it costs to start a sneaker reseller business?

• The minimum startup costs for a sneaker reseller business: $62
• The maximum startup costs for a sneaker reseller business: $70,447
• The average startup costs for a sneaker reseller business: $39,237

Here's a detailed list of a sneaker reseller business startup costs:

Equipment & Supply Expenses

Starting a sneaker reseller business may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.

Retail Business Expenses

If you plan to have a brick & mortar location for your sneaker reseller business, you must weigh the costs of your rent, as it may be the most expensive part of running your business.

Rent costs for your sneaker reseller business very much depends on your location. This cost will vary by both region and specific areas of town: a lease in the heart of Manhattan could cost over $80,000/month in rent. Meanwhile, a storefront lease in Florida or Tennessee could cost less than $1,000/month.

Business Formation Fees

There are a few key costs associated with forming your business entity, such as setting up an LLC and getting trademarks, copyrights, and patents sorted.

Software Expenses

Your sneaker reseller business needs software to run efficiently!

Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.

Office Space Expenses

It will be your call to determine if you need office space. It is not a requirement but may be necessary as your sneaker reseller business grows.

Employee & Freelancer Expenses

Website Costs

Every business should have a website, and it's worth spending a bit of money to set it up right.

Inventory Expenses

If you sell a physical good, you'll likely have to start with some inventory.

Advertising & Marketing Costs