Alejoh's Hut & Thrifting

 

I've been craving these pastur tacos! Nothing like authentic Mexican food. Me, my friend Jade and her boyfriend Jodie went to Alejoh's Hut. I am encouraging myself to go out more, but this was expensive. My total was $29. 

Let's break down everything I got at the Thrift Shoppe. The VCR is the item I'm hoping to tripple my money on. I paid $10. At least sell for $48.99-69.99. 

Vintage teddy bear salt and pepper shakers. I paid $1 hoping to sell for $10. 

A J.Jill moss green v-neck tunic, I'll try to sell for $39-19. It's merino wool.

An Heirloom Collectible Christmas Vest I'll start at $29.99 - $19.95

A Victoria Jones Christmas Vest I'll start at $24.98. For the Christmas vests, I invested $5 a piece.

I also got this plain brown Mossimo knit long sleeve, more for myself for winter. It's a great layering piece.

I noticed a box of cassette tapes under a table and picked two:

The Romantic Age of the Classics, 4 cassette tapes over 4 hours and The Moody Blues. I paid a quarter each. 

Now for the books. You'll notice the first couple are celebrities.

Greenlights by Matthew McChanahay paid $1.50

Mary Kay paid .50 cents

The Mork and Mindy Story .50

Dead of Summer .50 

Florence travel guide .50

That's Our Cleo! and other cat stories 1.50.

Fantasy and Science fiction magazines, two issues from the 1990's. I wonder which will sell first?? How long will it take for me to make my money back?

Edit 9/17: the Teddy Bear xmas vest sold! On Mercari for an offer of $30 and buyer paid shipping. My profit will be $25.42

I have made some changes to the way I calcuate my COGS!!

Before: I buy $20 worth of new inventory and keep track of what each item cost me at the store. The Teddy Bear vest was purchased in a $10 fill a bag. There were 2 Christmas vests so my COG is $5. Something else I would do is make one item cover the whole sale price - so this vest brought me $25 but I spent $29. This means I need to sell one more item from this post for me to be "in the green." Even though I got this great sale for the Christmas Teddy Bear vest, I am merely making the money back I spent in July. 

I still think this is a good way to not overspend as a beginner reseller.

After: I buy $20 worth of new inventory and divide the number of items with the total. If I did that with the vest, then the total costs of good would be $1.50. I am getting my money back for the item, not the entire cost of inventory. This makes me feel more comfortable and confident to take the earnings I made from the Teddy Bear vest and reinvest it back into my bookshop.