Here's a photo of one of the chairs I bought this week at a nearby auction house that has online auctions as well as local nighttime antique auctions.
I paid $22 for this chair plus it's portion of the state sales tax for the entire lot of things I bought is at $2.00. So I'm in for $24.00.
It does have a couple of small issues at the foot level as does most used wicker.
I'm going to list it for sale at $42.50 and take it along with some other items over to the junque booth probably later this afternoon when CashHappySon is awake to go with me.
So here's how it will shake down when and if it sells:
$42.50
-24.00 price & tax
-04.25 store owner's 10% cut
______
$14.25 profit
...or less. There was a bit of gas usage to go pick the lot of 3 chairs I purchased up but we (FrugalSon & I) did our grocery shopping at Aldi's while we were right there nearby (about 5 city blocks) and of course there is a small percentage of each sale that goes toward the booth rental & advertising itself.
So, I'll probably actually clear right about $12 on it. It's not necessarily about making a lot of money on each item, but having an ecclectic mixture of new & coolio items in the booth itself is somewhat important to draw people into my booth to shop. Right now I've got sooooo much stuff of inlaws in the basement that needs to be sold that I'm not doing a lot of buying for resell. Of course, there is some kind of resell license thingawhichy which I could get that would eliminate me paying tax on the items I purchase but I've yet to get it.
If this chair doesn't sell as is after a few months, I will pull it back to the house and spray paint it an antique white and then bump the price up just a bit to cover my labor. I already have a boatload of the paint in the basement from FIL's estate.
Wish me luck!