I've bought lots of these for $5-$50. I spend about 3 hours cleaning, lubing and tuning them and sell them for about $100. The money is in the bottom bracket grease.
The customer gets a bike that I've inspected and stand behind.
Fenders are available on Ebay for about $30 shipped. Wait for a blue one. No point repainting.
The saddles are cute for round town but not for distance touring. They have little money value but I like the looks of them.