Thread: Flippers !
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Old 08-12-10, 09:55 PM
  #136  
gbalke
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Join Date: Jul 2008
Location: West of St. Louis
Posts: 864

Bikes: (3) 1970's Raleigh Sports, (1) 1968 Robin Hood 3 speed, 1974 Raleigh Grand Prix, 1976 Raleigh Grand Prix, 1969 Peugeot UO-18, 1971 Peugeot UO-08, 1980 Giant road bike, 1954 Humber, 1940ish Hercules Popular, 1963 Dunelt, 2007 Trek 3700 mountain bike

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This is my latest "flip", a 1970 Raleigh Twenty. I bought a pair of these from a local CL seller for $100 for both. My plan was to flip the one that was least desireable,
keeping the other for my collection. I basically rebuilt the Twenty, the only parts needed were new inner tubes and cables. Tolal cost of parts was less than $12.oo.
I place the finished bike on e-Bay, hoping to get $150; winning bid was $202.50 giving me a profit of $140.50.

Before the rebuild:



After rebuild, ready to sell:

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