Australia's op shops are a goldmine for resellers who know what to look for. Here's how to make it a real business.
Not all op shops are equal for resellers. The major Australian chains each have their strengths:
Successful op shop flippers develop an eye for value. Key things to look for: quality brand labels (check tags), unusual or vintage items (pre-2000 is increasingly valuable), items in excellent condition (no stains, tears, or damage), and items that photograph well. Speed matters — the best op shop items get picked up fast, so visit frequently and know your target categories.
Always check eBay sold listings before buying an item to flip. This takes 30 seconds on your phone and prevents expensive mistakes. If a similar item hasn't sold on eBay recently, or has only sold for less than what the op shop is charging plus your costs, put it back on the shelf.
Every item you buy at an op shop needs its purchase price recorded. This is your COGS (cost of goods sold) and it's essential for calculating true profit and claiming accurate deductions. Keep the receipt from every op shop visit. If receipts don't show individual items, write the breakdown on the receipt before you leave the store. See our COGS guide for more details.
If you're regularly visiting op shops to source stock for resale with the intent of making a profit, you're running a business. This means ABN registration, income declaration, and proper record keeping. The casual feel of op shopping doesn't change the ATO's view. Our reseller tax guide covers the full obligations.
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