The Tool Consignment Store (Massachusetts) - What a great idea!

[KnurledNut]

I never knew such a place existed.
Anyone ever been to this store or one similar?
Would you shop at, or consign tools if there was one local?
What is the highest percentage of the sale you would be comfortable with the consignor taking?
This would be a nice option for those that dont want the hassle of selling online (social media, Craigslist, eBay, etc.)
I think I would frequent a place like this if the stock rotated regularly.
Also found it interesting this store is open Sunday.
https://the-tool-consignment-store.myresaleweb.com/

 

[Shelbylex]

Idea is good, but prices are high... However, if you need a tool right away and can get it used, it would work

 

[KnurledNut]

Idea is good, but prices are high... However, if you need a tool right away and can get it used, it would work

I didnt look through everything, but there were a few things that seemed priced well like a Snap-on 3/4 drive 32mm deep impact socket for $15.

 

[nadogail]

if there was a store like that in my area i would be a frequent shopper.

 

[bl00]

There's one in Newark Delaware. I bought something from them in 2018 and they're still open so I guess it's paying the bills.

Delaware Tool Exchange – Your hometown source for reliable pre-owned tools

www.delawaretoolexchange.com

 

[KnurledNut]

There's one in Newark Delaware. I bought something from them in 2018 and they're still open so I guess it's paying the bills.

Delaware Tool Exchange – Your hometown source for reliable pre-owned tools

www.delawaretoolexchange.com

Nice!
In additon to the retail store, they advertise consignment merchandise through FB Marketplace, CL, etc.

 

[dr_clyde]

We had one here in Holland a few years ago. The problem is no one who’s into tools wanted to sell anything worth owning, so the inventory became just a bunch of cheap **** and people stopped shopping there.

If you stopped in regularly you’d occasionally snag something cool, but it mostly was box store surplus screwdrivers and worn out Sears woodworking tools.

 

[alwaysFlOoReD]

There is an antique store nearby that leases space to sellers rather than do consignment. I think that would be a better business model.

 

[Homebody]

Our local one has been in business since 98 and does well.

https://oldnorthwestterritory.northwestquarterly.com/2022/03/02/retool-of-rockford-the-right-tools-for-the-right-job/

 

[bob15]

They have been around since at least 2017. I bought a DW708 12" miter saw from them for $150....back on '17