Start Your Own Swap Meet Business
by Liz Anderson
Swap Meets work well for budding entrepreneurs because of the low cost of space rent and the large crowds they attract. Kobey's brings over 20,000 shoppers every weekend. Those kinds of numbers are better than advertising for someone just starting out. Swap meets are a good place to learn what works and what doesn't. They're also favorable for people with little monetary resources or have limited time to lend to the start up process.
Before choosing your product or service, it's a good idea to ask yourself some basic questions:
• Am I willing to work early swap meet hours?
• Will I have the support of my family?
• What are my financial expectations? Are they realistic?
• How much time do I want to spend on the business?
• Is there demand for my product or service?
• Who is my competition?
• What kind of set-up does my product require?
• Is my product practical for me?
First of all, it's a good idea to be clear about which kind of business you wish to pursue. You could dabble in new or used merchandise, or offer closeouts. Services such as real estate and insurance as well as home improvement and contracting also do well at Kobey's.
Depending on your product or service, you will need to obtain all applicable licenses. Vendors selling new or hand-crafted merchandise must obtain a California Seller's Permit, free to state residents. Those selling used merchandise more than twice in a calendar year must also obtain this permit.
Items such as furniture, bulk food and animals require additional permits.
All vendors conducting business within the city of San Diego must also obtain a Business Tax Certificate after selling six times in a calendar year.
Once you obtain the applicable permits, the next step is to get out there! View additional articles on this site for more tips.
Click on Vendor Info or ask for a vendor packet at Kobey's Reservation Trailer at the main entrance for complete details.