The cost of starting a women’s shoe line business can vary. You can expect to spend $12 to $27,209.
- Minimum startup costs: $12
- Maximum startup costs: $27,209
- Average startup costs: $13,936
An entrepreneur starting a shoe line business needs to know industry regulations for designing or manufacturing.
A shoe line business can cost $2,000 to over $50,000 depending on business size, permits, licenses, ownership costs, operating costs, and marketing costs. Research is needed before launching.
Only New Balance has its own factory. So they import the most footwear components or Chinese sneaker models.
Startup inventory, equipment and machines greatly influence the overall shoe line startup costs.
- Costs range from $4,129 to $58,173
- Raising money can cover these costs.
Research the shoe industry and location to sell from before starting a shoe line. Find a niche, gap in the market or pain point. Start research here.
Shoe line startup costs depend partly on selling high or low-quality shoes. More expensive shoes mean higher costs.
Can I make a living selling sneakers? Yes, if you are a self-driven entrepreneur willing to hustle hard, you can replace a 9-to-5 income.
The sneaker reselling market is valued at about $1 billion. Only 4% of shoes and sneakers are purchased upon release for resale, but entrepreneurs are making money by figuring out the best ways to buy and resell sneakers.
To be a successful sneaker reseller, you need:
- Reliable sources of information
- Tools
- Connections within the sneaker community
Signing up for services like Whop can provide almost instant access.
Sneaker resellers make an average of $83,000 per year according to ZipRecruiter, with some highly rated resellers making significantly more. One reseller made $10,000 quickly by selling used sneakers.
You can sell sneakers:
- Locally
- Online on platforms like GOAT, StockX, Facebook Marketplace, Grailed, thredUp, and more
Owning a sneaker shop can also be profitable with various revenue streams:
- Selling merchandise in-store and online
- Offering services like customization and repairs
- Buying sneakers in bulk to resell at a profit
Selling sneakers can be a great business opportunity and a side hustle. With the right hustle, information, and tools, you can potentially replace a 9-to-5 job.