Mitch Newlin, a student at Bates College in Maine, has launched Re-Fridge, a company that buys dorm refrigerators at the end of the school year and sells them to students for the next year. Currently, Re-Fridge collects refrigerators from 17 colleges in Maine, Vermont and Massachusetts.
Newlin hires students from these colleges to pick up and deliver the refrigerators, and he expects to collect more than $70,000 in revenues this year.
U.S. News & World Report has the details:
A college student appalled at the dorm furnishings his roommates were leaving behind his freshman year has started a booming business recycling mini refrigerators.
Mitch Newlin, of Brunswick, Maine, goes to Bates College, a private, liberal arts college in Lewiston, Maine, about 35 miles north of Portland. The 22-year-old buys dorm refrigerators at the end of the school year and sells them to incoming students the next year.
His company, Re-Fridge, has branched out to a total of 17 colleges in Maine, Vermont and Massachusetts and expects to collect more than $70,000 in revenues this year, the Portland Press Herald reported.