Ebay wholesale question??

[phschris]

What is the name of your state? IA

Me and a friend have recently come up with an idea. Our plan is to buy items from a wholesale person and then sell them at a local businesses that buy new and used items. For example: you can by a trumpet for around $80 then if you take it to a music store you can get around 100-140 depending on brand etc. We were wondering if there are any legal laws or stipulations on how much you can sell etc. If anyone knows of anything i would appreciate some help! Thanks!

Also I was wondering if anyone knew any place were I could get bulk refurbished items to sell?? Thanks again!

 

[dallas702]

Beware: A lot of those $80 brass instruments on Ebay are cheap Chinese junk. They may work for a beginning student, but not for long. At $140 for a 6th grade band beginner they might be ok.

 

[phschris]

But....

Even so... there are many things you can pawn off... are there any laws against buying things on ebay and reselling to businesses for greater value???

 

[dallas702]

Maybe certain items that have normal restrictions (ie. drugs, alcohol, etc.), but other than those you are free to make a profit wherever you can.

 

[ablessin]

I say try it and if someone buys it, good for you.