Woodworking Profits

7/25/2013

If you are handy with table saws, wood lathes, and related equipment and woodworking tools, a lucrative business is the purchase, repair and resale of old furniture. We don't mean just davens or arm chairs. We're talking about everything from baby furniture and children's play equipment, to antique bedroom sets.

You can pick up just about anything at garage sales, moving sales, yard sales, flea markets and sometimes find a bargain at a second hand store.

Quite often you can clean out someone's attic or garage and take the "junk" as pay for your services. Strip and repaint the various furniture, tighten it up, change and modernize, do whatever is necessary to put it in good saleable condition with the least amount of time and expense.

Advertise that you purchase old and broken down furniture on one side of the newspaper and on the other side your ad can detail the large choice of all types of tables, chairs, baby furniture, children's play things and other furniture and toys you have available at bargain prices.

You can start out in your basement or garage, but eventually, as your business grows you may have to rent or buy a workshop and sales display area, or set up a retail outlet.

After you become more experienced you can specialize only in those items that have the best market and make the most money per unit. Then when you grow large enough, distribute your works to various sales outlets on a distributorship or wholesale basis!

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