How Much Money My Antique Booth Made | 2021 ANTIQUE BOOTH Business Breakdown & 2022 SALES GOALS
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- เผยแพร่เมื่อ 8 ม.ค. 2022
- I've crunched all the numbers for you guys so I could give you a proper 2021 Antique Booth Business Breakdown & my Sales Goals for 2022. I'm going to show you how much money I made reselling vintage this year. I was shocked by how low the percentage of sales was furniture and boy... Did a spend a ton on inventory... I went through my sales sheets with a fine tooth comb to bring you percentages and averages of my antique and vintage sales. I know some of you out there will appreciate all the math that I mathed. How much does an antique booth make? I'll show you. Looking forward to an even more profitable Antique & Vintage booth in 2022!
My Booth Location | The Factory Antique Mall | Verona, VA
www.factoryantiquemall.com/
LETS BE SOCIAL
📷 Insta @amandasmercantile | / amandasmercantile
🌈 Website | amandasmercantile.com/
⏰ TikTok | @amandasmercantile
Business Inquires only | amandasmercantile@gmail.com
#HowmuchmoneyImadein2021 #antiqueboothtips #resellingvintage - แนวปฏิบัติและการใช้ชีวิต
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Ok. I rarely spend time on TH-cam and definitely don’t watch entire videos, but you had me hooked. I manage an antique mall in Southern California and am watching to learn and be able to share with our dealers. Your content is so helpful and transparent. Thank you. I look forward to learning more from you. Love your look and how amazing your inventory is! 👏🏼👏🏼👏🏼
I was just about to open a shop myself but the reality is I need to get back to selling real estate. A vintage booth is way more fun though
Dear Amanda, I am a 65 year old victorian, Montessori Teacher....and late at night before I go to sleep, I watch your videos. My successful private Montessori school of decades will be coming to an end. The classroom is filled with children's antiques and your videos have helped me to know how to open my own antique shop on my 20-acre property along a state highway. If one is to be successful...one is to commit to hard work. Keep up the calling. You are one of a kind.
This was REALLY good 👍🏼 information. I know a lot of people don’t want to share the nitty gritty personal information so thank you for sharing this with us.
Just love your videos! I've been stuck at home for five years caretaking my parents. After grieving for a year. I'm ready to begin.
My goal is to repair my building in town and open a little store there. Your style is what I wish to emulate. I already sell on shopify, etsy and Facebook, but not much, so I'd like to develop all of that too!
Thank you so much for the valuable information! You're going to do very well! Way to go! 👏👏👏
Thank you! Don’t worry, your numbers were not confusing at all. You crammed a lot into a short video and you were very clear and succinct.
My take away from the video is that it seems like a ton of work for such a small profit. It seems people do this simply because they enjoy the business, which you obviously do or you wouldn’t be doing it. Good luck in 2022 and I hope you reach your goals!
Very helpful to see the actual cost of running a booth. I’ve had several booths over the years and this is why I always give up on them. Not enough profit for the work involved. I stick to online sales now. For bigger items I occasionally sell on Facebook but honestly it’s mostly smalls that I sell. Time gets precious the older you get and I’d rather make 5 times that for 1/3 of the time investment. That being said I also know a booth fills a creative itch and I do miss that part of it. I did vintage shows and that gave me the chance to use my creativity but profits were much better as you would sometimes get 10,000 people at a three day show. Anyway it is definitely a labor of love and you obviously have a great love for it. Your items and staging are some of the best I’ve seen.
Great comment. My experience exactly! Currently in a booth now and we'll see how long it lasts. I see some of the same dealers in the same booths over the long haul and I just don't see how it is worth it.
Love your videos! Glad I found you. Love your 2022 goals and look forward to seeing how you achieve them!
GOOD JOB!!! (on the video, the attitude and the fact you seem to enjoy life, in spite of all the negativity in the comments! Evidently quite a few millionaires in the crowd!) I am a fellow 'boother' and I know the fun it brings, and the joy you get from making a profit. THANKS!! Keep it up....
I hope you do another breakdown like this for 2022! I would love to know if you met your goal 🤞🏻
Thank you for this awesome honest video! I just moved to Florida and I’m trying to get a booth, now I feel I have a little more of an idea of what to expect! Thank you again, and Happy Profitable New Year to you!☺️🥳
Just stumbled on your video, have subscribed and will be a faithful follower! Love your energy and everything you said just really hits home. So very happy I found you!!!!
Super, a great video! Thanks Amanda!
This was really enlightening, thanks.
Hi! I pleasantly discovered you today! Thank you for sharing the actual breakdown of renting a booth at an antique mall. Very helpful information!
What an awesome breakdown! Such helpful information!
Great job! Very helpful for those who want to get into this type of business!
We love the Verona shop and will find your booth next time we visit! We started a booth in J&B's Country Store & Antiques in Broadway, Virginia six months ago and are enjoying it. Your input is helpful!!
First time I saw you on TH-cam Amanda. It was destiny. I was looking for some of these details to keep me inspired.
Thank you for all the information! We are hoping to get our first antique booth soon! I do not think we will have your profit 😊 But that's ok! We are just starting out and are new at this! But I truly appreciate the tips! 💙
Fantastic video! Thank you for sharing all about the true cost of running a booth and helping booth owners understand their expenses and inventory costs. Just having high sales isn't enough! We need to know and be on top of all those numbers. Here's to an awsome 2022!
Hi there, I'm a new viewer .... Abigail mentioned you ;) Enjoyed your video, sounds like so much work - koodoos to you! I worked with quick books for quite some time, it's a great program! I know this video is one year old, so I'm looking forward to seeing the newer ones. I hope your business is doing great! Canadian viewer, Sunshine
Thank you for sharing the numbers with us, it’s very enlightening
This is so awesome! I wish I was this dedicated to my booth!
It's been so much fun to watch your channel, just found it recently. I'm a bookkeeper and work on QB all day. Let me know if you have questions.
Keep doing what you love 💞
Wow that was really helpful. Thank you!
I just found you on You Tube today. I love your booth and your love for vintage. In my opinion 900.00 dlls a month is not worth the work, stress and the time to have this kind of business. But if you love what you do I wish you success and better profits for the 2022. Good luck!
Hi, just started watching your videos today, this one caught my attention. I also buy and resell, and I came up with a formula that worls for me: 1. Only buy things I would be willing to keep if they don't sell for asked price (I can sell them later) 2. Keep costs of goods low/free. 3. Price items at 5 times what I paid... so I can make 400% profit. Sometimes I sell higher, sometimes lower, it depends on cogs.
I work full time, and this is a side business I am doing, but I was surprised at how much money came in last year, after only doing it in my free time, gives me faith that I could do it full time. I don't have a booth, only sell furniture from my house, and smaller items through facebook with shipping. I spent about $11,000 for items last year, but sold them for about $59,000. I noticed social media helps tremendously, instagram, adding videos, reels of projects, announcing drops, etc. I subscribed, love your style. Your information on selling at antique booths very helpful. My goal this year is to do better than last year, and keep cogs low. I will keep watching!
@@Sofia-vn1vn I have an excel sheet with my costs of goods, revenue, and profit. Gifts are a cost of good of $0, and revenue is all profit. Private ownership things, I remember or look up how much I spend on it, and that is my cost of goods.
@@Sofia-vn1vn cash purchases in person without a receipt? I just write that in my excel spreadsheet next to item description. I want to be able to see how much I spent on something, and what the profit is overall. I also write down cash payments. I don't ever want to be audited, and I am trying to be as transparent as possible. Also a good tip the accountant said was to scan all receipts because the ink dissolves over time and becomes harder to read, which I try to do now.
@@Sofia-vn1vn I think there are better resources to fact check. I just filed taxes for my business this year, and I am not an expert. I am sure there are better ways to do things, this is just how I am handling it at the moment.
I have nothing in common with starting an Antique Business, but your video was so interesting I watched the whole video through. Great breakdown.
So helpful! Thank you!
Still have inventory to sale .I think that's going great you're building your store !!
I so appreciate the knowledge you share, and I adore your aesthetic! If you find great vintage painting and the frame is scratched, do you touch it up or leave as-is considering most old items show wear. 🤔
ThNk you for opening my eyes. You take care and God bless
Also you made it to 10k subscribers! Woohoo!
Thank you for sharing!!!
So true about regions! Down South is totally different.
Hi Amanda. I watched your video for the first time this evening & Im now a follower. My 2022 Goals are to establish social media presence, create some brand recognition and basically increase sales. Although I’ve been in the booth business for nearly 8 years, I’m not as attentive to my local market as I should be. I would like to take a chance on being a vendor at markets and events. I’m looking forward to seeing you again. Thanks!
@@Sofia-vn1vn I used a spread sheet tracking where & when I bought an item and the price. Then the date I when I stocked the item(s) in my booth and at what price. Then the date it sold and at what price. What I neglected to track was broken, stolen and old stock I pulled and then donated or gave away. The stores where I have booths provide monthly spreadsheets of my sales that help me track all of this, especially when I have gotten behind.
Thanks for sharing this info! I know it's a lot of work for the amount of income, but it's also content for your channel which is another source of income. Good luck in 2022!!
I admire you!!!!
All that work for $10k that’s just 2 house sales. I know you love it though and your so good at it. Good luck for next year 🙌🙌
Thank you for posting this! I'm going to watch more of your videos, but I'm curious as to whether you work FT outside of the home (and if you have a spouse that contributes to your household). These are realistic numbers for me to contemplate. Nothing to live off of, but is this something I could juggle with a traditional corporate job. Again, thanks!
Thanks so much for sharing. Why do you need a storage unit? What are you storing? Also it i
10,000 a year, in 5 years it’s still 50,000 dollars. That’s a good chunk of change.
Keep hustlin'
This info is gold to me. I opened my first ever booth last month(in east Mississippi), open for business with priced and staged items 12/24. Today is 1/10 and my total sales is $1140. I was hoping that was above average and hearing your numbers I believe it is, since we live in a government-labeled “targeted depressed” aka poverty-rich area. With all of the TH-cam channels I follow for antique boothing I had expected to be in the red, and I am considering my start-up costs of lumber, electricity supplies(I ran outlets throughout my 10x20 space), rent and the cost of items to fill up my booth. So thank you for breaking it all down for me. You also have made me realize that I need a better way to track profit/loss. I’m so glad I found your channel. You have become a great source of information for this novice seller.
That was great. Thanks
Thank you J!
If you want to come to Kansas, we can fill a moving van with inventory for you! We're 200 miles SW of Kansas City
Awesome!
oh i wish I could do this good. this month August 2022 half way through the month with a 40 % off sale in my booth I have sold only a little over 200. my rent is 475 !!!! We are the only antique store in our city and the only antique Mall in an area if 500,000 people. I give.
Hi Amanda! Liz here, from the UK. I only found your channel a couple of months ago, but am seriously impressed by your energy and enthusiasm for antiques. I am so glad that you caught up on some sleep ..... 3 am in the morning!!!! You are a talented and natural communicator - honest, knowledgable, realistic and entertaining and your tutorials are easy to follow, achievable and inspiring to others. I am just beginning my journey as a vintage and antique seller (would love a booth) and also need to tackle bookkeeping on the computer - I know it will make things easier in the long run, but will definitely 'slow me down', to start with! I predict your channel will grow enormously during 2022 and it may then be worth you considering, if that might also provide another customer base for your business. Clearly your heart enjoys your booth and Antique show the most, but maybe consider an advertised, once a month online sale via your website, (which would organise the packing and posting), as some other Resellers do? With all of the current anxieties, I have so enjoyed your videos and look forward to following your journey! Wishing you lots of fun in 2022!
I am so glad you’re back missed watching your videos. I was actually thinking about you yesterday my husband and myself had to go to a funeral in Manassas, and we had to go through Lucketts to get there. Hope you gonna be at Lucketts this year we are planning on going this year
Hit like before it started. This should be interesting.
Thank you Jackqueline!
I love your videos! and your style is similar to what my antique booth is. Wish you lived in nc I need more girlfriends into antiquing and refurbishing!
I just bought an 1800s secretary from the big Williamsburg Antique mall that was priced at $650 but I lucked out and walked in on their 25th anniversary celebration and got 30% off for a total of $455…great deal for a solid walnut with beautiful inlaid designs, four drawers and a built in bookcase (or display case) with glass shelves and pane window French doors on it with a key hole! Wahoooo! You never know when a good deal will pop up, even in a place where people think prices are too high 😉
Thanks!
I wish you all the best 💖 in your business.love your video tour so much!!! Have a good week ❣️😊
You have grown, I oredict you;ll do even better this coming year, but you have done we;;! ;ppk for dog figtines, that is my passion and antique art work of dogs...
I’ve been in withdrawals! 25 days and then crickets! So glad you’re back. Love your videos.
Amanda......
We can't go from everyday to NOTHING for this long 🗣️😮💨😂
Goal for this year is to open up a small shop on our property! Not sure how to run a store, but we’re working on finishing up the walls and electricity then I can start loading in the inventory!!! Your videos have been so helpful as what I’m planning on doing is equivalent to what you do, except It won’t be at a mall location. I expect it to be a struggle at first for sure especially learning how to market and run a business, but I am SO excited!!!
Not sure if I missed it ...what size is your booth and what is the space rent ? Thank you 🌸Your great at numbers and being so organized:)
10×20 $1.50 a square foot
Quick question? What is that effect that you did on the bricks behind you?
Because I’m about to do something like that for a friend. Still doing my research. Thanks!
Thank you
YAY! You're back, missed you and your videos ! Happy New Year -wishing you even more success!
Аманда❤❤❤
Is the popsicle stick lamp still available? (Just saw it behind you )
Please help me with this question...you gave info that you have a business bank account. Did you decide to open the account as a sole proprietor with your SSN, or did you decide to do an LLC and get a separate TAX ID from your social. I don't know which is better and would like advice from someone in this antique/vintage resale business.
You gave a great breakdown of your business.
Yay...I missed you! Happy New Year. I sell vintage clothes & Collectibles on Poshmark & Mercari. This year's goal is to keep good records for taxes!
A good goal! It's not easy to keep track of everything. I had to come up with an Amanda-proof system to keep track of all my receipts. I wish you the best of luck!
Hello anf thank you for your honesty and villingness to tell the numbers , not everone will do that. And I`m rellay jealous about your malls that you have over there , or maybe it`s a good thing as well that they are over there :D
You did well for 2021!
Thank you Lynn!
So detailed thank you!
This was so interesting and informative. You are the only person that I watched that has shared this info. Thank you . It is good to see you. I’m glad you had a good rest over the holidays. .
Thank you Anita! After reading some of the comments, I think I can see why no one else has shared this info.
Really appreciated you sharing! I used to own an estate liquidation business! And you are so right! The smalls were the money bringers! My clients would see their money in the larger
Items but it was the smalls that actually brought the sales home! And sharing your information is so valuable to all that are interested in conducting a business! Hats off to you! I’m thinking about getting back into business only smalls! Selling online defiantly a different venue! Take care! And you are so right about the work hours. No way to calculate your time!
Any updates for 2022 income/expenses?
I agree smalls make a big difference. As you mentioned, every antique mall is different. What sells in one place might not sell in another. I finally found a few new gift type items that sell really well. So I mix them in with the vintage items. They almost pay my rent and then other sales are profit. My goal this year is to go to more estate sales for inventory, I want to try my hand a furniture flipping as well. You are awesome by the way. :=)
Do you know how much time you have invested in running your booth?
Lots of great, interesting information!
super!
I should probably look at my P&L for my brick and mortar but it was a booming year despite covid. My other big goal in 2021 was to list, list, list on my online shops. Current goal is 40-50 items per week. Sometimes other things like furniture pick ups get in the way but am really seeing traction after two years of only listing here and there. I would like to make a great living at this so for 2022 I'm considering opening up either a second location or a booth in a busy mall. So many malls have closed over the last 10 years though that I think it would have to be somewhere in Seattle.
❤❤❤
My goal is to get a larger booth!! I can’t even get my furniture items in my current booth. It’s only 4ft wide x 2 feet deep. I know, it’s really difficult because I would love to get a 20 x 30 or larger because I have a lot of items read to sell. Facebook is ok but it drives me crazy to wait around for someone to show up 45 minutes late. Or 2 hours early. Or they want me to deliver when I always add to the description that I do not deliver. There is a new Antique Mall about 20 minutes from where I live but they want $565.00 each month for a 20 x 25 booth size + 10% and credit card fees. If I stay on the waiting list where I have my booth currently. It’s only $120.00 a month for a 20 x 30 + credit card fees. And it’s only 10 minutes away from my house. These are actually my goals for 2023. LARGER BOOTH. THAT WOULD MAKE ME SO HAPPY 😁
Where I am it is $2.75 a square foot which seems like a lot of money.
If I was u I will wait in the meantime I'll make a lot of items and get lots of ideas to work with try to make a plan ahead so when the time came u are ready to conquer your dreams...I wish I can have a booth like that but here in Washington state is expensive and u almost never get to get an space ...I'm in a waiting list 4 years and nothing comes up....😉😉😉😉
Welcome back!! I now know why I never entertained owning a business. LOL!!
Do you keep inventory?
My goal for 2022 is to watch more Amanda’s Mercantile videos. It’s all on you. All on you😏
Thank you Leah!
Hey! Congrats on having over 2,000 views on your first day posted! You're a very busy lady, but I'd love to see your prediction of 2022 vintage/antique trends like you did for 2021! Happy New Year! Thanks for the new video!
Oh man, I need to think on that for a moment... I feel like the trends are all over the place but I'll see what I can do! Thank you Abigail!
Hi Amanda! Thank you so much for the transparency! This was really insightful 😊
How many hours per week or month do you devote to this business?
Great information. Thank you for sharing.
Thanks for showing actual booth profit....
I get so tired of people thinking the amount they sold is profit.
No! Only about 1/3 is actually profit.
Great job by the way!!
Made perfect sense! You did very well in 2021! Keep going!
I started an antique booth 4 months ago in Arkansas and I’m making rent and a small profit but really enjoy going up there and just rearranging the booth and adding items to it - it’s a blast
I want to make $20,000 this year. I want to expand my business to online and shipping, but unsure of what to do exactly or where to start. I currently work full time and run my booth mostly on weekends. Want to eventually go full time with my business. I wish I could keep track of my sales and inventory, expenses, etc like you have done.
"How many times can I say 2021?" LOL
I think you should be really proud of your achievements
Life is not easy balance is good you have achieved a goal making money
It’s a learning curve well done keep at it
I don’t think it’s a hobby but the chase is go out and get what’s yours
I think doing your financial stuff is great on TH-cam stops all the people thinking it’s easy money etc and keep asking
I always three timed or perception how much would somebody pay for the item
Have a great 2022 if you can manage it TH-cam is a good source of revenue as well
Just a heads up your website linked is set to private on Squarespace.
Hi Amanda! I sure have missed your face. Your weekly videos are so informative and entertaining. I am looking forward to seeing how your booth looks after the holiday shopping. Please keep these videos coming.
and I do taxes as well as being a realtor for 26 yrs..so I already know that out of the 10k you profited, about 20-25% of that goes to uncle Sam depending on what your state taxes are. So drop that monthly number down to more around $600 average profit. Seems like alot of work for that, but I'd do it. I'd love to have a booth and do what you are doing! :)
Yup! Taxes are a factor as well. It's a lot of work but it's a hobby I enjoy. Thank you!
Wow! This is why I love your videos! I truly appreciate how transparent you are. Your sales were great, congratsI I believe your goal for 2022 is very doable. I also have a booth, just started in Aug 2021. Your videos have been super helpful to me. I also love that my hobby makes me money, 😉 so does my husband. My goal for 2022 is to double my profit per month from 2021’s numbers.
Yeah Amanda's back! I was so happy to see this video!