Thrift-Flipping Business – Turning Secondhand Goods into Daily Profit

oc2much@yahoo.com — Sat, 27 Dec 2025 17:00:03 +0000

1. Overview

Thrift-flipping involves buying used clothes, shoes, or accessories cheaply and reselling them at a profit. With Nigeria’s love for fashion and social media resale, this business can be highly profitable.

2. Market Opportunity

Target customers: Students, young professionals, social media users.
Trend: Fashion-conscious Nigerians seek affordable stylish items.
Competition: Moderate, but unique sourcing gives edge.

3. Startup Cost Breakdown (₦)

Item	Cost (₦)	Notes
Initial thrift inventory	20,000	Clothes, shoes, accessories
Basic cleaning supplies	5,000	Detergents, iron, brushes
Storage & display	10,000	Racks, tables
Marketing	5,000	Social media ads, influencer collabs
Total Startup Cost	₦40,000

4. How to Earn ₦150k Monthly

Flip 100 items/month, average profit: ₦1,500/item
Monthly net profit: 100 × ₦1,500 = ₦150,000
Marketing: Instagram, TikTok, WhatsApp, local markets.

5. Profit Projection

Startup recovery: 1st month
Monthly net profit: ₦150,000
ROI: ~375% first month.

6. Challenges & Tips

Challenge: Sourcing quality items → Explore local markets and donations.
Tip: Focus on trending items and brand for online visibility.

7. Feasibility Verdict

High – Low cost, high demand, easy to scale.

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