The Pros and Cons of Flee Market Business

Selling items at a flee market is lucrative. This is because of price flexibility and ability to haggle. Such markets offer customer a huge verity of choices in household equipment, antiques and furniture.
Other items found at flee markets are trinkets, bracelets, rings, cloths, memorabilia. Some vendors sell fresh farm produce like eggs, vegetable and fruits.
To start the business you need small capital for inventory, stocking, rent and transportation. Most of the time the flee market is popular so the vendor need very little advertisement.
Before you start look around your home for interesting items. Then write a business plan and carry out a feasibility study of flee markets in your locality.
How to Sell Items at a Flee Market
The process of selling items at a flee market is simple. Decide on a niche, purchase items, and secure rent space. The next step is to transport the goods, setup your stand and sell
The Pros of Flee market Selling
Pros
  • Setting up a store is easy and straightforward
  • The business is practicable full time or part time
  • The business can be run alongside full time employment
  • The trader can offer customers deals
  • It is possible to start with pre-existing inventory found in at home
  • Startup capital depends on the product and working capital
  • Organizers charge daily or monthly as rent
  • The business is cash and carry
  • Startup is possible through personal savings
  • Funding is easy through small loans
  • The low rent for space is ideal because you don’t lie down capital
  • Business registration is not mandatory
  • To succeed you need to find the flee market that correlates with your inventory

flee market

The Cons of Flee market Selling
Cons
  • Transporting the goods is challenging
  • The challenge is finding the right items to sell
  • The trader faces lots of competition
  • Difficulty in finding local markets in your demography
  • The recurrent costs are stocking, rent, transportation
  • Flee markets need government or state permission
  • The items might be subjected to value added tax
  • Food sellers need food handlers health certificate
  • There are many prohibited items like ivory, endangered animals
  • Finding the right flee market is challenging
Related: How to Start a Business while Fully Employed
Flee Market Locations
The best locations for a flee market is areas that have heavy pedestrian traffic. Such locations are commercial areas, markets and highly populated areas.
Top areas are open spaces, parks and street corners. Other locations are open fields, large halls and markets. More locations are convenient stores, church premises and town halls



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