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: