As the national economy continues to deliver uncertainty, the resale and secondhand markets are booming. Suddenly, today’s savvy consumers are all about repurposing and reusing, both to save the planet and to save their funds.
In this post, learn about the top five resale franchises in the marketplace today!
Once Upon a Child
Without a doubt, raising a child is one of the most expensive undertakings of all time. The average child, without adding in college tuition, will cost the average family more than $300,000 to raise to the age of 18. This works out to an average of anywhere from $12,000 to $15,000 per year.
All that to say, it is no surprise that one of the most successful nationwide resale franchises is Once Upon a Child, which sells and also buys gently used children’s clothing, accessories and merchandise.
Plato’s Closet offers the next step up from Once Upon a Child, catering to clothing, accessories and merchandise for tweens, teens and young adults. As well, both Once Upon a Child and Plato’s Closet are owned by the same parent company, and both buy as well as sell secondhand merchandise.
A third stunning and long-term success in the resale clothing and accessories marketplace is Buffalo Exchange, which features trendy secondhand clothing for teens, young adults and adults of all ages. Like Plato’s Closet, Buffalo Exchange also offers a cash-up-front buyback program, which creates a revolving door of customers-turned-shoppers and vice versa.
Play It Again Sports
Also owned by the same parent company as Plato’s Closet and Once Upon a Child,Play it Again Sports focuses on selling gently used sports equipment and gear to cash-strapped parents. There is also a wide range of fitness and workout gear for customers of all ages. This nationwide resale retailer also buys back secondhand sports, fitness and workout gear for resale.
Music Go Round
If Play It Again Sports is the “it” resale franchise for kids’ sporting goods, Music Go Round serves the same function for ambitious young (and adult) musicians. Offering up gently used musical instruments and equipment, Music Go Round is yet another successful franchise in the family with Once Upon a Child. Since you can sell your used musical equipment, gear and instruments, it is also a great way to make some extra cash.
Shopping secondhand is a fabulous way to save some cash and still score the great clothing, accessories, merchandise, athletic gear and musical instruments to enrich your life. Because each of these franchises also offers a program to buy used items, you can save even more money as your needs change.