Connect with us

Retail Business

Patio Furniture Retailer

Attractive, comfortable furniture can turn a patio into another living space.

Entrepreneur

Published

on

Business At A Glance

Patio Furniture Retailer

Startup Costs: $50,000 – $100,000
Online Operation? No

Business Overview

All new decks and patios require one thingto complete them: patio furniture. A retail business that sells patiofurniture is a very easy business to initiate, as there are no specialskill requirements.

Patio furniture will pretty much sell itself,providing of course that the prices are fair and the quality isoutstanding. Worldwide, there are thousands of manufacturers of patiofurniture products, so securing a product line should not be difficult.

Additionally, consider stocking an inventory of locally made cedar orlog patio furniture, as traditionally wood patio chairs and tables havealways been excellent sellers. Marketing the business can beaccomplished by using all local print media, as well as by holding agrand opening sale to let potential customers know where you are andwhat products you stock.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

Retail Business

Glass Shop

A glass shop could be the window to your entrepreneurial future.

Entrepreneur

Published

on

Business At A Glance

Glass Shop

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Windows, tabletops and mirrors’-the need forglass is everywhere. That’s why a glass shop in your community is agood business to start. Operating this kind of specialty businessrequires experience in glass cutting and glass installation techniques,which is called glazing; or a person with these skills is called aglazier.

Providing you or your staff possess this sort of workexperience and ability, then opening a glass shop can be a veryprofitable business to own. There are a great many types of glassinstallations the business could focus on.

Or you may want tospecialize in one or two specific areas, such as custom glass tabletops or only installing construction equipment glass, such aswindshields. This business venture can be costly to establish. However,once you have identified the market that you will be catering to, thebusiness can easily generate profits that can exceed $75,000 per year.

Continue Reading

Retail Business

Used Restaurant Equipment Sales

Sell used restaurant equipment to restaurateurs looking for a deal.

Entrepreneur

Published

on

Business At A Glance

Used Restaurant Equipment Sales
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Did you know that starting a restaurant is one of the most common new business ventures? But did you also know that more than 90 percent of new restaurants go out of business within the first five years? The combination of these two facts is the basis for starting a business that buys and sells secondhand restaurant equipment like grills, fryers and coffee machines.

Simply put, when one restaurant goes out of business, you purchase their equipment. Then, when another restaurant opens, you resell that same equipment for a profit. This type of business venture can be started and operated from home initially (if you have storage space) and moved to a larger location as the business expands.

Furthermore, you can offer general restaurant equipment but you can also specialize in one particular type of restaurant equipment, such as deli equipment or grills. The potential to earn large profits from selling secondhand restaurant equipment is outstanding, and this business opportunity definitely warrants further investigation.

The Market

Your customers are new or current restaurant owners looking to purchase equipment. You will also have to court former restaurant owners whose equipment you want to purchase.

Continue Reading

Retail Business

Used Appliance Sales

Buying secondhand appliances for resale is a tidy way to clean up profits.

Entrepreneur

Published

on

Business At A Glance

Used Appliance Sales

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

A tidy profit can be earned by selling usedappliances, such as refrigerators, stoves, washers, and dryers, rightfrom a homebased location. Get started by building a resource libraryin terms of appliance models, manufacturers, and retail selling priceswhen new.

This type of resource library will prove invaluable whenbuying secondhand appliances for resale purposes. To secure a initialinventory of used appliances to sell, begin by attending auction sales,garage and estate sales, and scanning your local classified newspaperads for good used appliances at bargain basement prices.

Your targetmarket for resale will include people on a budget, owners of secondaryhomes, and owners of residential rental and apartment properties. Somebasic knowledge of home appliance repair will come in handy, as well asa good, heavy-duty moving dolly and a pickup truck or utility trailer.Aim to maintain a 50 percent markup on all appliances sold and togenerate gross annual sales of $50,000 and this simple part-timehomebased business will produce gross profits of $15,000 per year.

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending