Business Idea: Start A Sneaker Reseller Business in 2024
Sneaker reselling is a pretty great way to make money.
As a sneaker reselling business, you can purchase shoes directly from retailers or manufacturers and resell them to consumers at a profit.
The secret to a successful sneaker reselling business is to buy low and sell higher. You can start an online sneaker reselling business or sell the sneakers locally.
To maximize the profit margins, it might be worth holding out the best sneaker brands until the demand is high. Sometimes, the best deal on sneakers is when they have sold out.
Revenue & Profitability
How much do sneaker reseller businesses make?
- On average, successful sneaker reseller businesses report $450K/year in revenue.
- 100% of sneaker reseller businesses report being profitable.
Startup Costs
How much does it cost to start a sneaker reseller business?
- It can cost as low as $5,000 to start a sneaker reseller business.
- It can cost as high as $120,000 to start a sneaker reseller business.
Learn more about the costs of a sneaker reseller business.
Examples Of Successful Sneaker Reseller Businesses
Successful sneaker reseller business businesses and case studies
Founder Kola Tytler managed to build a profitable business, Dropout, worth over $2.5 million by selling limited edition sneakers and streetwear, despite having no prior experience and juggling medical school; the company saw over 50,000 in-store visitors and over $100k in sales in December 2021 alone and raised €750k via equity crowdfunding in 6 days.
This case study follows founder Chris Casseday's journey in creating 513 Kicks, an online sneaker shop that went from sporadic income to an average profit of $2,000 per month within two years through strategic branding, SEO, social media, and email marketing.
See full list of successful sneaker reseller businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
