Online footwear closeout and overstock supplier

Online sellers on marketplaces and Shopify stores, flea market and discount store owners, and small retailers looking for low-cost stock.

You buy at a deep discount and sell lots at a margin. Revenue depends on finding good deals regularly and turning stock over quickly.

• Negotiating with suppliers
• Pricing and margin math
• Basic online listing and photos

• Check your state's seller's permit or resale certificate requirements and how sales tax applies to wholesale sales
• Confirm the condition, sizing and authenticity of lots before buying, and set clear return terms
• Some brands restrict where closeout stock can be sold, so check your supplier agreement
• Children's footwear may need safety testing and certification, check with the CPSC
• Cash can be tied up in slow-selling stock, so start with small lots
• Check shipping costs and carrier insurance for heavy, bulky boxes

Startup costs are typically around $3,000 to $15,000, depending on the size of the lots you buy, storage or warehouse costs and your website or listings. Starting with small lots may help limit cash tied up. Treat this as an estimate.

Monthly revenue is typically around $2,000 to $10,000, depending on lot sizes, margins and how quickly stock sells. The estimate assumes at least about 10 hours a week. These are estimates, not guarantees.

Check your state's seller's permit or resale certificate rules and how sales tax applies to wholesale sales. Check supplier agreements, since some brands restrict where closeout stock can be sold. Also check CPSC rules for children's footwear, and confirm lot condition and authenticity before buying.