Phone Flipping (Buy and Sell Used Phones)
Buy used smartphones at below-market prices from local classifieds or marketplaces like Craigslist and KSL, then resell them at a markup. The key insight is to pre-sell the phone before purchasing it, eliminating holding risk and guaranteeing profit on each transaction. This can be started with minimal capital and scaled by increasing volume and expanding to other electronics.
Startup Budget
$100 – $500
Difficulty
Beginner
Business Type
Hybrid
Location
Anywhere
Time Commitment
Part-time
Revenue Potential
$500-$3000/month
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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