Quote:
Originally Posted by Leon
I don't know the magic number but I have to think if a dealer sets up, with all of the associated expenses, from Wed-Sun....with lots of variables, there might be around 3500 in total cost...
So, anything in profit over that, depending if you count your time as a cost, would be that break even point. I think it could be a 1 card sale or 100 cards sold....When I set up, I just looked at the profit I made, not how many sales. Everyone does it differently.
I voted 50k-100k because it could be done on that, but you might not have higher end sales.
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Leon's number of $3500 is pretty much dead on. I've talked to enough dealers and done enough math to know his figure is accurate.
Now remember that $3500 only covers expenses and not the cost of your goods sold. So, you probably need to take in $8-10K at the minimum to make your week worthwhile. And using that you see about 10 percent of the value of the inventory as a guide, then I would say a minimum of 80-100K of items brought with you to make the weekend worthwhle.
Now, some dealers still treat the NSCC as a vacation week *yes that number is dwindling* and if the show is part of a vacation, then you might be satisfied with a different number taken in.
Regards
Rich