It seems to be possible – I just wondered why no one was doing it in the UK…..
Probably because you'd have to work hard to beat that price and make a profit, given that the unit cost from Imex is $9.59 (£6.88) ex-works. If you work backwards from the same retail price as E-bay, delivered within the UK, then the maths goes like this:
RSP £23.70
Less VAT @ 1/6 (£3.95)
Less 2nd Class SF postage (£3.90)
Less cost of Jiffybag (£.40)
= Net sale value £15.45
Less unit cost ex-works (£6.88)
= Balance (to cover shipping from Florida, Customs handling and Profit) £8.57
Let's say you end up making a fiver net profit on each item. From your consignment of 50 units that's just £250. Factor in a QC failure rate of 4% (not unusual for Chinese manufactured goods); one unit lost in the post and two more needing warranty replacements FOC within 12 months of sale and you're down to £200. Pay the Income Tax on that @ 20% and you're left with £160 in your hand – from a total take of nearly £1200. And at the end of all this, don't forget that your proposed scenario for a small model accessory business allowed for NIL overheads…..
That's the model trade. I sometimes wonder why anybody does it!!
Stay happy!
Dave M