Hey all,
I'm exploring the idea of starting my own second-hand vintage clothing store. The city where I'd like to start it has a population of 250k people with over 70.000 students and vibrant culture & touristic scene. There's about 15 second hand clothing stores active. Most of them barely sell any brands or streetwear they don't have any high-end/luxury and a lot of them have a regular interior design.
We'd like to create an experience for our customers with a very cool interior, a wall of "high-end eye-catchers (think vintage Chanel, rare items, etc.." and a larger part of more affordable pieces. I am not a fashion expert but am now starting talks with different fashion bloggers/ to help set up with the inventory, track best wholesale etc...
I'm here on this forum to get advice from you guys, do you think this is a good idea? Are vintage clothing stores profitable (I've been the numbers of my competitors but they do not impress me 100% We're also toying with the idea of also creating a bar within the store where people can buy drinks.
Just any advice is welcome, anyone has any experience with running a second hand vintage clothing store? What to do? What not to do?
What to look out for? Where do most stores fail? What are very common mistakes?
btw: I already own a succesful business so it's not that I am totally depending on this income stream however I don't like losing money and this is a very early stage. please don't shoot me
Muchos. gracias
I'm exploring the idea of starting my own second-hand vintage clothing store. The city where I'd like to start it has a population of 250k people with over 70.000 students and vibrant culture & touristic scene. There's about 15 second hand clothing stores active. Most of them barely sell any brands or streetwear they don't have any high-end/luxury and a lot of them have a regular interior design.
We'd like to create an experience for our customers with a very cool interior, a wall of "high-end eye-catchers (think vintage Chanel, rare items, etc.." and a larger part of more affordable pieces. I am not a fashion expert but am now starting talks with different fashion bloggers/ to help set up with the inventory, track best wholesale etc...
I'm here on this forum to get advice from you guys, do you think this is a good idea? Are vintage clothing stores profitable (I've been the numbers of my competitors but they do not impress me 100% We're also toying with the idea of also creating a bar within the store where people can buy drinks.
Just any advice is welcome, anyone has any experience with running a second hand vintage clothing store? What to do? What not to do?
What to look out for? Where do most stores fail? What are very common mistakes?
btw: I already own a succesful business so it's not that I am totally depending on this income stream however I don't like losing money and this is a very early stage. please don't shoot me
Muchos. gracias
