interesting how different people process differently . Once I break even on a buy, I do a box of the lowest or hardest to pack, then a box of good stuff. your way looks like the Slow selling stuff all will be getting bunched at the end instead of filtering in to start their 'selling timer' earlier. I found staggering this prevents a time when I'm listing only things that are going to take 3 months to move and give me a drop in immediate sales. and also motivates me to get to good stuff again. But I'm also mostly Ebay and in person sales only one man band without a whatnot or youtube following
definitely a big difference and I highly doubt they actually meet the 3 factor test of true contractor vs employee but that's the luxury of working for a friend. as long as they have a good relationship the business owner gets a hell of a tax break.
Haha that was funny too. Realistically they won't be making that much and probably don't have health insurance, or if they do it is super basic. Chase treats them well though, so I'm sure it is a fun place to work
With all the sports games and consoles you have, you should make some large bundles and donate some to local Boys and Girls clubs. Can be used as a nice wright off on taxes as well, and help avoid processing a lot of very low priced items.
Love the content guys!! The game barn was such a cool series to watch you are definitely right its most likely a once in a lifetime opportunity :) God bless Chase Skylar and all there!!!
The once and a lifetime deal( in your late 20s) can change your life forever and generations to come. It all depends if you build or break afterwards. Ive known so many people that break. Ya'll are on the 'make' level. Beyond, extremely, admirable. Catrp crew channel is inspiring and i aint here just blow yall. Good on ya, boys...good on ya. Heres to the future. ✌&❤
Best of luck. I'm just one reseller. 2000 consoles would scare me off. Unless it has a hell of a deal. I could find 1 or 2 guys I trust enough to work with me.
To maximize space even more, you could look at those rolling shelf systems. We use those at work to store paper files and they really help make use of the space.
Wow, I can’t believe it’s already been over a years since the game barn buyout. May many more buyouts come your way! 😹 And in the event your wife’s estimate is correct, how would you expand the business? Game Barn 2: Electric Boogaloo? CATRP Compound? Gotta prepare now!
I don't do any reselling but I do alot of trade in with my local stores. Whenever I buy a lot that has a bunch of sports games that I know aren't going to move I would rather not trade them off to the store and have them sit on them forever. If a sports game is less than 2 dollars I just save the case and trash the game. So atleast I have some quality cases for games. The only thing I hate is I haven't found a way to take those damn stickers off.
@@alpalcatrp Wouldn't a simpler solution be to stack the same games behind each other? That way if you see a game on the shelf you also know what's behind it? I mean if you were selling games one off that would make more sense. No idea of how any of this works but just my thoughts.
Honestly it seems like it shouldn't have taken that long imo. Working in a small shop we have more than 50k games just on shelves and in display cases that we go thru to price on a weekly basis that I can go thru around 1200 - 1500 games in a 8 hour work shift while dealing with customers coming into the store. If it was quiet and no one to stop and help, I could get thru maybe(?) 2k- 3k games a day. thats checking each shelf to make sure its organized to alphabetic order, checking cases, discs (not resurfacing), and introducing new inventory with prices that have to be adjusted almost weekly. so to say it took you a year to get thru 40k games is a bit slow? as that would be around 120 - 150 games a day by that calculation. Idk just thought it would be so much faster with a big team like you have is what I mean, I know you can't sit around all day doing work like that, but figured it took a year to go thru only 40k games is taking too much time on such a small lot of games imo.
There's a lot more to the business than just dealing with the Game Barn games. That's probably 25% of what we deal with on a weekly basis, if that. That sounds like a crazy amount of games to process through for one person. I would be very interested in what the process looks like and what you mean exactly when you say "process". Maybe post a video on it.
@@alpalcatrp While I'm working I wouldn't have the state of mind to put up a camera to record what I am doing as it wouldn't be what would be of any interest to me personally. When I get to the store, I go thru shelf after shelf picking up each row of games, cleaning and inspecting the outside cases to make sure that if any was dropped that cracks on the cases to be replaced into new cases and cleaning off the cases with a simple wipe down. Then comes the discs to clean off the smudges and check each case for debris or more often theft of the disk. Many seem to think taking the disk from one case to transplant into another case to get it at a cheaper price, so we have to check that vigilantly as well. Once all the outside cases is checked and inside discs are complete each shelf is then redone in alphabetical order for each system and reticket if needed. These shelves are wire rack shelves like the kind used in movie rental stores so only single stack game spine out, each shelf being 11 inches high each shelf with 6 shelves a side, at 16 foot long shelves. Depending on the volume we get in trades or sales, we would have a one of those shelves both sides for a single system. As inventory changes from buying and selling it makes it easier to sort it out this way the fastest. I'm sure you guys there have a similar shelving method, but with more duplicates than variety it can be annoying to sort that way all the time.
I doubt he is including himself. They get fringe benefits, which we often see on videos where he will give them items they especially like. Many of which are not cheap such as the PS5s, rare games, collectables, that's not even counting the constant bonuses he gives them. It all adds up, that 25k or $12.00 hr can quickly turn into 35k plus when all said and done, which is about average for warehouse workers. The big difference being they all seem to enjoy their jobs, whereas most warehouse workers dread going to work. I would estimate “if” my assumption on Chase not including his personal salary that they are closer to the 40k a year mark with all the added benefits.
@@DezGamingTTV ya just curious, as my rent alone a year is close to $24k, so not sure how anyone can live on so little. But I guess maybe it's alot cheaper to live where they are
That was factoring in a baseline write off of wages averaging 40 total hours per week. I file taxes as an S corp and write off my own wages plus those of the contractors. So no, not 40 hours per person or 120 hours per week.. just guessing that we have spent 40 hours per week on average as a team on game barn stuff for the last year. It was my best attempt at getting realistic expenses added up
How weird 2 or 3 days ago, I was just thinking would you guys do a review of the 50,000 games buy and if it was worth it. Open youtuber today and yep there it is
Don't know if it's anyone's business so feel free to decline to answer, but how were you able to generate the capital needed to purchase the barn in the first place? Thanks for the 1 year check in, I've loved watching along and have loved being a subscriber for the past 3/4 years
Moving through inventory as quick as possible, even if it means selling items for a little bit less than what we know we could get. For example, on Whatnot we could move through 100s of items in a night for 80-90% of what we could get on eBay if we waited a month or two. Making sure the collections we were buying were fast moving and high end was very important
Besides eBay and Amazon for selling your products, do you sell to people off the street? What I mean is if someone came to your location looking for a certain product and you have it will you sell it to them? do you have a in-house or barn store?
Why is the guy so adamant on y’all not being able to disclose the purchase price? I’m guessing for tax reasons or lying about the amount he received when it comes down to splitting it with who he was going to spilt the money with , etc. 🤔🤔🤔
interesting how different people process differently . Once I break even on a buy, I do a box of the lowest or hardest to pack, then a box of good stuff. your way looks like the Slow selling stuff all will be getting bunched at the end instead of filtering in to start their 'selling timer' earlier. I found staggering this prevents a time when I'm listing only things that are going to take 3 months to move and give me a drop in immediate sales. and also motivates me to get to good stuff again. But I'm also mostly Ebay and in person sales only one man band without a whatnot or youtube following
I can't believe this was a YEAR Ago. Holy moly, it felt like yesterday when you uploaded that video.
Nothing but happiness and success to you all.
haha I like how quick Chase corrected himself that they have 5 contractors after he said employees. Def a huge difference on his end :)
That’s a True business man lmao 🤣
definitely a big difference and I highly doubt they actually meet the 3 factor test of true contractor vs employee but that's the luxury of working for a friend. as long as they have a good relationship the business owner gets a hell of a tax break.
Haha that was funny too. Realistically they won't be making that much and probably don't have health insurance, or if they do it is super basic. Chase treats them well though, so I'm sure it is a fun place to work
With all the sports games and consoles you have, you should make some large bundles and donate some to local Boys and Girls clubs. Can be used as a nice wright off on taxes as well, and help avoid processing a lot of very low priced items.
Love the content guys!! The game barn was such a cool series to watch you are definitely right its most likely a once in a lifetime opportunity :) God bless Chase Skylar and all there!!!
It would be sick if you ran an Unopened box from the storage unit on whatnot. A complete mystery to all.
that would be awesome!!
The Barn is looking great fellas! Great video thanks for sharing
Thanks 👍
Some crazy numbers there guys. Great to hear the breakdown………. Crazy
The venmills hybrid disc resurfacer cleans bluray disc very good actually! Maybe look into those!
The once and a lifetime deal( in your late 20s) can change your life forever and generations to come. It all depends if you build or break afterwards. Ive known so many people that break.
Ya'll are on the 'make' level. Beyond, extremely, admirable.
Catrp crew channel is inspiring and i aint here just blow yall.
Good on ya, boys...good on ya.
Heres to the future.
✌&❤
We appreciate that so much!! :)
pretty cool, those fire sales on whatnot i bet helped alot. Going thru a ton of games at once
They have been a life saver!
Best of luck. I'm just one reseller. 2000 consoles would scare me off. Unless it has a hell of a deal. I could find 1 or 2 guys I trust enough to work with me.
Almost time to buy another barn
Awesome stuff to see! Games, games, games!!
To maximize space even more, you could look at those rolling shelf systems. We use those at work to store paper files and they really help make use of the space.
Sounds like a good plan fellas. 👍💭👍💭👍💭👍
How does this channel only have 17,000 subscribers
its the secondary channel, and is more on the selling side, so doesn't get as much interest from game collectors
Great question! Hopefully more people like you start finding the channel :)
Can't wait for the next WhatNot show!
You guys really did amazing
thanks!
Wow, I can’t believe it’s already been over a years since the game barn buyout. May many more buyouts come your way! 😹
And in the event your wife’s estimate is correct, how would you expand the business? Game Barn 2: Electric Boogaloo? CATRP Compound? Gotta prepare now!
I know! Time Flys! Maybe 100,000 Games will be next! :0
What a freakin score guys! Ive loved following along
Thrift school over here!
We love having you!
Double deep shelves is a very inquisitive move and shows.....
..
..
GAMES GAMES GAMES😂
I don't do any reselling but I do alot of trade in with my local stores. Whenever I buy a lot that has a bunch of sports games that I know aren't going to move I would rather not trade them off to the store and have them sit on them forever. If a sports game is less than 2 dollars I just save the case and trash the game. So atleast I have some quality cases for games. The only thing I hate is I haven't found a way to take those damn stickers off.
It's crazy to think about the space you ran the business out of before the game barn
Tell me about it! Idk how we did it!
What do you do with all the low end games say $10 and under?
How do you guys keep track of what is in the 2nd row on those shelves?
We don't really keep track of them, we will just get to them once we get through the row in front of it.
@@alpalcatrp Wouldn't a simpler solution be to stack the same games behind each other? That way if you see a game on the shelf you also know what's behind it? I mean if you were selling games one off that would make more sense. No idea of how any of this works but just my thoughts.
Honestly it seems like it shouldn't have taken that long imo. Working in a small shop we have more than 50k games just on shelves and in display cases that we go thru to price on a weekly basis that I can go thru around 1200 - 1500 games in a 8 hour work shift while dealing with customers coming into the store. If it was quiet and no one to stop and help, I could get thru maybe(?) 2k- 3k games a day. thats checking each shelf to make sure its organized to alphabetic order, checking cases, discs (not resurfacing), and introducing new inventory with prices that have to be adjusted almost weekly. so to say it took you a year to get thru 40k games is a bit slow? as that would be around 120 - 150 games a day by that calculation. Idk just thought it would be so much faster with a big team like you have is what I mean, I know you can't sit around all day doing work like that, but figured it took a year to go thru only 40k games is taking too much time on such a small lot of games imo.
There's a lot more to the business than just dealing with the Game Barn games. That's probably 25% of what we deal with on a weekly basis, if that. That sounds like a crazy amount of games to process through for one person. I would be very interested in what the process looks like and what you mean exactly when you say "process". Maybe post a video on it.
@@alpalcatrp While I'm working I wouldn't have the state of mind to put up a camera to record what I am doing as it wouldn't be what would be of any interest to me personally. When I get to the store, I go thru shelf after shelf picking up each row of games, cleaning and inspecting the outside cases to make sure that if any was dropped that cracks on the cases to be replaced into new cases and cleaning off the cases with a simple wipe down. Then comes the discs to clean off the smudges and check each case for debris or more often theft of the disk. Many seem to think taking the disk from one case to transplant into another case to get it at a cheaper price, so we have to check that vigilantly as well. Once all the outside cases is checked and inside discs are complete each shelf is then redone in alphabetical order for each system and reticket if needed. These shelves are wire rack shelves like the kind used in movie rental stores so only single stack game spine out, each shelf being 11 inches high each shelf with 6 shelves a side, at 16 foot long shelves. Depending on the volume we get in trades or sales, we would have a one of those shelves both sides for a single system. As inventory changes from buying and selling it makes it easier to sort it out this way the fastest. I'm sure you guys there have a similar shelving method, but with more duplicates than variety it can be annoying to sort that way all the time.
Confused about wages are you saying that your 3 employes working 40 hours a week each. Combined made $50000? So they only make $16k a year?
I doubt he is including himself. They get fringe benefits, which we often see on videos where he will give them items they especially like. Many of which are not cheap such as the PS5s, rare games, collectables, that's not even counting the constant bonuses he gives them. It all adds up, that 25k or $12.00 hr can quickly turn into 35k plus when all said and done, which is about average for warehouse workers. The big difference being they all seem to enjoy their jobs, whereas most warehouse workers dread going to work.
I would estimate “if” my assumption on Chase not including his personal salary that they are closer to the 40k a year mark with all the added benefits.
@@DezGamingTTV ya just curious, as my rent alone a year is close to $24k, so not sure how anyone can live on so little. But I guess maybe it's alot cheaper to live where they are
That was factoring in a baseline write off of wages averaging 40 total hours per week. I file taxes as an S corp and write off my own wages plus those of the contractors. So no, not 40 hours per person or 120 hours per week.. just guessing that we have spent 40 hours per week on average as a team on game barn stuff for the last year. It was my best attempt at getting realistic expenses added up
@@ChaseAfterTheRightPrice Cool, appreciate the explanation. Ty
How weird 2 or 3 days ago, I was just thinking would you guys do a review of the 50,000 games buy and if it was worth it. Open youtuber today and yep there it is
Our minds were in sync!
Let's Go.............
near the end you guys should do another garage sale.
Don't know if it's anyone's business so feel free to decline to answer, but how were you able to generate the capital needed to purchase the barn in the first place? Thanks for the 1 year check in, I've loved watching along and have loved being a subscriber for the past 3/4 years
Moving through inventory as quick as possible, even if it means selling items for a little bit less than what we know we could get. For example, on Whatnot we could move through 100s of items in a night for 80-90% of what we could get on eBay if we waited a month or two. Making sure the collections we were buying were fast moving and high end was very important
When are you guys going to do a Nintendo switch what not I definitely want to schedule work around that so I can participate
My head would be spinning
It would be easy just to list and sell all the best stuff but it's the other 90% of games that you have to deal with.
Bundling all the COD modern Wafare and all the COD black ops together as sets sells better
Time to build a second barn 😂
Na, he just needs to start stacking barns.
Maybe if we had a reason to get another one.......cough cough.........
Awesome
How much for that Xbox one display in the barn?
1200 in trade value. It’s got the original system and the key
Besides eBay and Amazon for selling your products, do you sell to people off the street? What I mean is if someone came to your location looking for a certain product and you have it will you sell it to them? do you have a in-house or barn store?
All our sales are online. We do online private sales though!
So what u sayin is u have already earned back what u payed for it
Why is the guy so adamant on y’all not being able to disclose the purchase price?
I’m guessing for tax reasons or lying about the amount he received when it comes down to splitting it with who he was going to spilt the money with , etc. 🤔🤔🤔
Why do you guys sell games on Amazon compared to eBay?
Games,games,games
Hi :)
DRAGON STATUES????
Steve is watching…
Xbox one kiosk for sale?
Yes it is! 1200 in trade or 800 in cash
"Ebay inventory" aka mf'n dragons......
Sheeesh
Who’s down to game share?
Who’s down to game share
Blame it all on Al PAL
I agree! It's all my fault!
@@alpalcatrp I had to make some sort of comment for yall
Who’s down to game share