Friday, February 6, 2015

Consignment furniture startup holding warehouse sale Saturday

What do you get when you cross Plato's Closet with Craigslist with Ikea and throw in a delivery service?

Move Loot. It's an online marketplace for secondhand home goods that allows customers to buy and sell gently used furniture on its website

For buyers, Move Loot offers free delivery and on-the-spot returns. For sellers, the company picks up the item for free, cleans it, takes a professional photo for listing on its website, stores the piece in a warehouse until someone buys it and then splits the selling price 50/50 with the seller. 

The company -- a San Francisco start-up that opened in Charlotte in November -- will hold its first Charlotte warehouse sale on Saturday, offering shoppers 15 percent off everything. 

Since its inception less than three months ago, the Charlotte business has accrued more than 1,000 customers and experienced a revenue increase of more than 100 percent from December to January.

The Charlotte team also recently expanded from one person -- Meggie Williams, the Charlotte general manager -- to five.

According to the young company, its CEO Bill Bobbitt, a Raleigh native, co-founded Move Loot in 2013 after trying to offload furniture before a cross-country move to San Francisco, where he'd then have to restock with new furniture. 

Williams said Charlotte's growing population of young and mobile professionals therefore made it an attractive prospect after Move Loot opened its Raleigh store in September.

"That's part of our target demographic, people who are young, in their mid-20s," Williams said, adding that Move Loot caters to customers of all ages. "People who don’t have a house yet, who are pretty transient and who have a lot of furniture buying and selling needs and also in a lot of cases, don’t have a 16-foot truck to transport furniture in."

Williams said the company's biggest benefit is the trouble it saves customers who don't have to bother loading and offloading furniture and the awkward and potentially dangerous meet-ups with strangers buying or selling furniture. 

"We are the easiest way to buy and sell lightly used furniture. No heavy lifting, no strangers, no hassle," Williams said.

The sale this weekend will be held from 10 a.m. to 2 p.m. at the Move Loot warehouse at 100 E. Forsyth Hall Drive in the Nations Ford Business Park. Williams said the company hopes to make the warehouse sale a monthly recurring event like it is in Raleigh.

Move Loot's San Francisco warehouse


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