- Colton Kidd runs a Lego-resale retailer in Riverdale, Utah, that earns about $180,000 per year.
- Accredited Lego minifigures market for substantial charges on resale marketplaces like BrickLink and eBay.
- Kidd shares his passion for Lego with his virtually 200,000 followers on TikTok.
The attraction of Lego spans generations. From television demonstrates to films and video clip game titles, Lego is commonplace in pop culture, like in franchises like “Star Wars” and “Harry Potter.”
Some members of the Lego-collecting neighborhood have turned their enthusiasm for the merchandise into a total-time resale organization.
Colton Kidd owns and operates Minifigure The us, a Lego-resale retailer in Riverdale, Utah. According to Kidd, as properly as documentation seen by Insider, he generates approximately $180,000 in annual profits from his Lego resale company.
“I grew up with Lego as my toy of alternative,” Kidd explained. “From 15 many years aged till about 21 several years aged would be my ‘dark ages’ of not staying tremendous involved with them. Opening the retail store absolutely created them a massive part of my daily life once again, but I unquestionably haven’t been able to perform with them simply just mainly because of how fast paced the retail outlet and other commitments continue to keep me.”
Over the previous nine several years, Kidd has built his retail outlet into what he describes as a “Create-a-Bear but for Lego.”
Clients can construct minifigures in shop for $3 each and every with an assortment of Lego heads, torsos, and legs. Kidd also sells bricks of all styles and sizes in bulk, considering that the larger bricks go a lot quicker than others, he stated. There’s also an assortment of other Lego products, which includes baseplates and Bionicle sets.
Dependent on the thirty day period, custom-created minifigures account for approximately 40% of income, Kidd claimed. Among collectors, tailor made minifigures are preferred. In March, Citizen Brick, a custom Lego-determine maker, was equipped to raise $145,000 for Ukraine by generating a Ukrainian President Volodymyr Zelenskyy minifigure and Lego Molotov cocktails.
Kidd also resells certified minifigures in his keep. He sources the important collectibles through the exact same sellers he purchases Lego bricks from. The value of some licensed Lego minifigures exceed $300.
“I place out a ‘Star Wars’ Pre Vizsla minifigure the other day for $145. The minimal fabric pauldron on his shoulder is roughly $50 of that benefit.” Kidd explained. “The Eco-friendly Goblin and the Spider-Guy with, like, a shiny print on it that arrived out in 2003 and 2004, for the original Toby McGuire movies, were being $20 to $30 figures before. As quickly as the new Spider-Man movie came out, they’re up all-around $80 to $100 now.”
Pricing Lego bricks and minifigures correctly performs a huge position in maintaining Minifigure The usa jogging, Kidd explained. He makes use of internet sites like BrickLink, a person of the biggest resale marketplaces the place you can purchase Lego goods, to price tag his stock. But Kidd prefers to stick to brick-and-mortar as an alternative of listing his products online and competing with other sellers on BrickLink and eBay.
Kidd goes by means of Lego bricks as portion of a daily routine, continuously including extra pieces to his inventory to preserve up with the desire from Lego builders.
“Processing for the Lego is the most significant time suck for me,” Kidd explained. “I in all probability expend 25 to 35 several hours a 7 days just sorting and prepping Lego to go into the show instances and different elements of the shop, way too.”
Kidd operated of collection of other amusement businesses prior to fully devoting himself to his Lego-resale store, which include a paintball field and an arcade, but he prefers maintaining his business enterprise ventures neighborhood.
“It truly is more attention-grabbing to me to see what we can do regionally than to go do what anyone else is providing on the internet,” he claimed. “Since at that level, I have to compete with all of those folks that are just Joe Schmo wanting to flip their extra stuff on the online for income.”
Kidd uses trusted distributors to make his brick and minifigure stock, but he will not automatically acquire from collectors them selves. This vetting procedure has assisted to hold inventory high-quality up and enables him to search for out the Lego he requires right, he stated.
“I just go to the men and women that I know will have it. I connect with them vendors, but it’s really just men that they do what I never want to do, which is acquire it from people today, mixture it, and then market it in tons,” Kidd said.
As a spouse and father, Kidd juggles his time among operate and spouse and children, helping when desired in his wife’s neighboring bookstore. He also has a powerful presence on TikTok, where by he offers about 200,000 followers an within look of what it is like to personal a Lego-resale retail store.
“I make no funds or advertising earnings from TikTok at the moment. I qualify for the creator fund, but I do not count that. The TikTok, for me, is literally just further entertaining to do,” Kidd reported, adding that he was not seeking to develop into an influencer anytime shortly.