Wednesday, July 01, 2015

70% Markup

A few months ago, someone on a local bulletin board was selling one of those wine refrigerators for $50. Someone offered her $35, so I responded, if the deal falls through, I'll give you $35. I've wanted one for a long time and this particular model is a good size and originally retailed for over $300.

The day after the offer, the person who offered $35 backed out and I got the deal. While a nice item, and in good working order, it didn't have multiple zones, something I really wanted in such an item.

I put the unit in my garage and then time got away from me, until a few days ago, when I listed it on Craigslist...for $60.

Tonight, I sold it...took the cash,a nice profit, buyer was thrilled.


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