Becoming a Vendor
Complete a Vendor Request Sheet and we will reach out to you within 48 hours. Upon deciding to become a Vendor, a Vendor Agreement and an IRS Form W-9 will need to be completed.
Rental Fees
Monthly rental fee is based on the space that is rented, see example pricing below:
Booths:
5L x 5W x 7H 25 sq ft = $75
5L x 6W x 7H 30 sq ft = $80
6L x 6W x 7H 36 sq ft = $90
8L x 5W x 7H 40 sq ft - $100
10L x 4W x 7H 40 sq ft - $100
12L x 6L x 7H 72 sq ft - $150
Shelving and Display
Vendors provide their own removable display fixtures and/or rent units from RAM. If you wish to install something permanent, written permission is required. We also have small display items for purchase such as baskets, wood shelves, hanging racks etc. Vendors must hang on supplied 2x4 on all parameter walls due to mechanical/plumbing in the existing structure. No painting is allowed until further notice. You may bring in pre-painted wall coverings to attach to 2x4’s or inside walls.
Rental Period
There is a 3-month minimum commitment period. After the initial 3-month period space rent will be on a month-to-month basis. Vendors can cancel their rental agreement anytime after the initial 3-month commitment period with a 30 day written notice to RAM.
Sales Reports
An itemized sales report will be generated by the 8th day of the following month and be emailed to each Vendor.. All commissions and sales tax will be deducted from the Vendors proceeds. The net amount of your sales report will be directly deposited to your bank account by the 10th of the following month.
Sales Commissions & Credit Card Processing Fees:
There is a per item sales commission of 6% deducted from every item sold.
Sales Tax:
Michigan State requires that 6% sales tax be collected. RAM will handle collecting and reporting sales tax to the state of MI for all Vendors.
Insurance:
RAM does not provide any insurance to cover the value of the inventory within Vendor rented space, including but not limited from fire, theft,and vandalism. Please check with your insurance agent if you need insurance coverage for your inventory.
Items that can be sold in your space:
There are not a lot of restrictions on what is allowed but we would like items to be antiques, vintage, collectible and/or crafts. Dollar items that are flea market or garage sale related should not be displayed for sale in your rented space. RAM always reserves the right to remove an item(s) or ask you to remove an item from your space that doesn’t comply with our policies.
Pricing your items:
Vendors typically price their items based on what they paid for the item or what the item is selling for online such as Ebay. Please remember to look at items that are marked as “sold” for guidance. Vendors will use pre-printed price tags, provided by Vendor that will have the Vendor’s space number, a short description of the item, inventory code and the price. We recommend that Vendors use string tags whenever possible.
RAM will remove the tag when the item is being purchased and will keep the tag for the remainder of the current year. After the current year is over, they will be disposed of and no longer used for reference. All sales payouts will be closed for review after 90 days. Please review your sales reports in a timely manner.
Our Goal:
RAM policies are a guideline to help keep our store clean, neat and a great place for customers to come and shop. We encourage Vendors to stop in and maintain their space. As a new business we welcome your input and know that there will be changes in the future that will be guided toward making the experience for our Vendors and Customers better. We are excited to start this venture with you!