Home / Business and Economy / Teen Turns Storage Wars Hobby into $7K/Month Empire
Teen Turns Storage Wars Hobby into $7K/Month Empire
31 Mar
Summary
- A 17-year-old started a lucrative business reselling storage unit contents.
- He earns over $7,000 monthly from his eBay store, Mike's Unique Treasures.
- His biggest score was finding $50,000 worth of art in one unit.
A New Jersey teenager is making significant profits from an unusual hobby: buying and reselling abandoned storage unit contents. Michael Haskell, 17, was inspired by a TV show to start acquiring storage lockers, operating his business from his home.
His venture, Mike's Unique Treasures on eBay, now generates over $7,000 monthly. A pivotal moment occurred when he purchased a Brooklyn storage unit for $450 and discovered tens of thousands of dollars in art, including a Man Ray painting, netting him nearly $50,000.
This major success validated his enterprise to his family and fueled his passion for uncovering hidden treasures. He has since found diverse items, from designer clothing to historical documents, in units across New York and New Jersey.
Haskell balances his budding business with high school responsibilities, including college applications. His mother, an investor, views his activity as a valuable learning experience in distressed investing and understanding human nature through personal belongings.
