55 Luxury Business Ideas For 2021

55 Luxury Business Ideas For 2021

Interested to start a luxury business but not quite sure what to start?



The good news is, there are so many opportunities to become an entrepreneur and build an innovative product/service in this line of work.



If you're looking to start your own luxury business, there are several amazing options you can choose from.



We put a list together below of the most profitable luxury business ideas you can start today!



Here they are:



1. Start an antique business ($180K/year)

Tim Showalter from Indianapolis, Indiana, USA started Hoosierboy Restorations LLC over 8 years ago, a antique business.

  • Revenue: $15,000/ month
  • Founders: 1
  • Employees: 4
  • Location: Indianapolis, Indiana, USA

At 10-years-old I saw a bicycle in a neighbor’s trash can and asked if I could have it. I ended up with two broken bikes and combined them to make one, which I rode and eventually sold.

In junior high school, I took woodshop and fell in love with woodworking. Evenings, my father, the school superintendent who had started out as a shop teacher, would take me to the school’s woodshop and we’d build furniture and Christmas presents and fix things.

Today, my career is based around restoring old bicycles, pedal cars, Coke machines as well as other items. I previously worked at Beech Grove schools doing education technology, but began to get burned out and wanted to do something that I really enjoyed. Around that same time a TV show called “American Restoration” was on the History Channel, and it inspired me. I thought, ‘Wow, that guy [on TV] is making a living at restorations, maybe I can do the same”. So I just kind of blindly cashed in my 401k and jumped into it not knowing what to do or how to run a business or anything like that. I started in my mom’s garage, and I put up a website right away.

how-i-left-a-25-year-career-to-start-a-15k-month-antiques-restoration-business

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Tim Showalter, on starting Hoosierboy Restorations LLC ($15,000/month) full story ➜

2. Start an online rug store ($384K/year)

Manuel Mas from Crevillent, Valencian Community, Spain started Mundoalfombra.com almost 21 years ago, a online rug store.

  • Revenue: $32,000/ month
  • Founders: 2
  • Employees: 5
  • Location: Crevillent, Valencian Community, Spain

My father has a big background in manufacturing rugs because he worked from 12 years old till now on this industry in Crevillent, so he knows the product, the processes, the suppliers and the people who run this business in our town of 27,000 inhabitants.

I studied computer engineering in the early 2000s and loved the online world. I knew then that the near-future of commerce will be the World Wide Web and eCommerce will be exploding in the next few years. I remember my first orders on Amazon.com from Spain or eBay in the first years… books and other products traveling about several weeks till arriving home…

So the fusion of the Internet and the rug world was clear, then Mundoalfombra.com was created. The experts in rugs and carpets arrived in the online world. Products manufactured in the same town with direct serving, great quality, short delivery times in Spain and Portugal, good prices, exceptional customer support and good relationship with suppliers. The experience in the offline world was shipped to online with a new company. From the old grand-grandfather ́s company experience, born in 1890, to a new opening, and from natural fiber rugs to hundreds of different models and fibers.

how-we-started-selling-rugs-and-carpets-online-in-the-early-2000s

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Manuel Mas, on starting Mundoalfombra.com ($32,000/month) full story ➜

3. Start a leather accessories business ($240K/year)

Sonal Malhotra from Kolkata started Silviano about 1 year ago, a leather accessories business.

  • Revenue: $20,000/ month
  • Founders: 2
  • Employees: 2
  • Location: Kolkata

My brother Nakul and I have both been very fortunate to be a part of a family business with over 70 years of experience in leather.

Crowdfunding is the perfect tool for launching a new brand as it gives new brands product and market validation and proof of concept.

Nakul comes from a background in finance and I have a background in international fashion, luxury brand management, and textile science. From a very young age, we started learning about the business from our father and grandfather.

how-we-successfully-raised-35k-for-our-laptop-leather-sleeve

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Sonal Malhotra, on starting Silviano ($20,000/month) full story ➜

4. Start a scarf making business

Examples of a successful scarf making business:

Here are some great videos on how to get started with a scarf making business:

For further info, check out these books and products:

Learn more about starting a scarf making business ➜

5. Start a perfume business

Examples of a successful perfume business:

Here are some great videos on how to get started with a perfume business:

For further info, check out these books and products:

Learn more about starting a perfume business ➜

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6. Start a luxury smartphones and tablets business

Examples of a successful luxury smartphones and tablets business:

Here are some great videos on how to get started with a luxury smartphones and tablets business:

For further info, check out these books and products:

Learn more about starting a luxury smartphones and tablets business ➜

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7. Start a gazebos business

Examples of a successful gazebos business:

Here are some great videos on how to get started with a gazebos business:

For further info, check out these books and products:

Learn more about starting a gazebos business ➜

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8. Start a patio cover business

Examples of a successful patio cover business:

Here are some great videos on how to get started with a patio cover business:

For further info, check out these books and products:

Learn more about starting a patio cover business ➜

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9. Start a foot massage business

Examples of a successful foot massage business:

Here are some great videos on how to get started with a foot massage business:

For further info, check out these books and products:

Learn more about starting a foot massage business ➜

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10. Start an antique furniture refurbishing business

Examples of a successful antique furniture refurbishing business:

Here are some great videos on how to get started with a antique furniture refurbishing business:

For further info, check out these books and products:

Learn more about starting an antique furniture refurbishing business ➜

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11. Start a manners training business

Examples of a successful manners training business:

Here are some great videos on how to get started with a manners training business:

For further info, check out these books and products:

Learn more about starting a manners training business ➜

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12. Start an interior design business ($1.32M/year)

Examples of a successful interior design business:

Here are some great videos on how to get started with a interior design business:

For further info, check out these books and products:

Learn more about starting an interior design business ➜

And for some real world inspiration, give Annemarie diSalvo's story on creating diSalvo Interiors a read:

Well, to make a long story short, my mother and I started this company together in 1996. I was working as a staff interior designer at a private firm in NYC, and my mother, Rosemarie was the manager of the Estate and Trust department at a large Law Firm. We both HATED our jobs and dreamed of doing our 'own thing'. We had no idea what that looked like, and so we turned to our passion..antiques and design.

That passion has morphed into a boutique design firm that boasts over 1M in annual revenue and has completed hundreds of trophy projects.

how-we-mother-and-daughter-started-a-1m-year-boutique-design-firm

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Annemarie diSalvo, on starting diSalvo Interiors ($110,000/month) full story ➜

13. Start an online factory direct business

Examples of a successful online factory direct business:

Here are some great videos on how to get started with a online factory direct business:

For further info, check out these books and products:

Learn more about starting an online factory direct business ➜

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14. Start a drive-thru laundromat business

Examples of a successful drive-thru laundromat business:

Here are some great videos on how to get started with a drive-thru laundromat business:

For further info, check out these books and products:

Learn more about starting a drive-thru laundromat business ➜

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15. Start an antique sideboards vanities business

Examples of a successful antique sideboards vanities business:

Here are some great videos on how to get started with a antique sideboards vanities business:

For further info, check out these books and products:

Learn more about starting an antique sideboards vanities business ➜

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16. Become a bed and breakfast owner

Examples of a successful bed and breakfast owner:

Here are some great videos on how to get started with a bed and breakfast owner:

For further info, check out these books and products:

Learn more about starting a bed and breakfast owner ➜

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17. Start a satellite dishes production business

Examples of a successful satellite dishes production business:

Here are some great videos on how to get started with a satellite dishes production business:

For further info, check out these books and products:

Learn more about starting a satellite dishes production business ➜

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18. Start a slate tables business

Examples of a successful slate tables business:

For further info, check out these books and products:

Learn more about starting a slate tables business ➜

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19. Start a spa retreat center business

Examples of a successful spa retreat center business:

Here are some great videos on how to get started with a spa retreat center business:

For further info, check out these books and products:

Learn more about starting a spa retreat center business ➜

20. Start a drapery studio business

Examples of a successful drapery studio business:

Here are some great videos on how to get started with a drapery studio business:

For further info, check out these books and products:

Learn more about starting a drapery studio business ➜

21. Start a luxury handbags reselling business

Examples of a successful luxury handbags reselling business:

Here are some great videos on how to get started with a luxury handbags reselling business:

For further info, check out these books and products:

Learn more about starting a luxury handbags reselling business ➜

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22. Start a red carpet service business

Examples of a successful red carpet service business:

Here are some great videos on how to get started with a red carpet service business:

For further info, check out these books and products:

Learn more about starting a red carpet service business ➜

23. Start a medical equipment exports business

Examples of a successful medical equipment exports business:

Here are some great videos on how to get started with a medical equipment exports business:

For further info, check out these books and products:

Learn more about starting a medical equipment exports business ➜

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24. Start a flying school business

Examples of a successful flying school business:

Here are some great videos on how to get started with a flying school business:

For further info, check out these books and products:

Learn more about starting a flying school business ➜

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25. Start a luxury wine production business

Examples of a successful luxury wine production business:

Here are some great videos on how to get started with a luxury wine production business:

For further info, check out these books and products:

Learn more about starting a luxury wine production business ➜

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26. Start a pedicab service business

Examples of a successful pedicab service business:

Here are some great videos on how to get started with a pedicab service business:

For further info, check out these books and products:

Learn more about starting a pedicab service business ➜

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27. Start a glass tinting service

Examples of a successful glass tinting service:

Here are some great videos on how to get started with a glass tinting service:

Learn more about starting a glass tinting service ➜

28. Start a decorative partition screen manufacturing business

Examples of a successful decorative partition screen manufacturing business:

Here are some great videos on how to get started with a decorative partition screen manufacturing business:

Learn more about starting a decorative partition screen manufacturing business ➜

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29. Start an air conditions business

Examples of a successful air conditions business:

Here are some great videos on how to get started with a air conditions business:

For further info, check out these books and products:

Learn more about starting an air conditions business ➜

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30. Start a jewelry box business

Examples of a successful jewelry box business:

Here are some great videos on how to get started with a jewelry box business:

Learn more about starting a jewelry box business ➜

31. Start a fireplace installation business

Examples of a successful fireplace installation business:

Here are some great videos on how to get started with a fireplace installation business:

For further info, check out these books and products:

Learn more about starting a fireplace installation business ➜

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32. Start a hide-a-beds business

Examples of a successful hide-a-beds business:

Here are some great videos on how to get started with a hide-a-beds business:

For further info, check out these books and products:

Learn more about starting a hide-a-beds business ➜

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33. Start a custom French doors business

Examples of a successful custom French doors business:

Here are some great videos on how to get started with a custom French doors business:

For further info, check out these books and products:

Learn more about starting a custom French doors business ➜

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34. Start a boat cleaning service

Examples of a successful boat cleaning service:

Here are some great videos on how to get started with a boat cleaning service:

For further info, check out these books and products:

Learn more about starting a boat cleaning service ➜

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35. Start a yacht rentals business

Examples of a successful yacht rentals business:

Here are some great videos on how to get started with a yacht rentals business:

For further info, check out these books and products:

Learn more about starting a yacht rentals business ➜

36. Start an auto paint shop

Examples of a successful auto paint shop:

Here are some great videos on how to get started with a auto paint shop:

For further info, check out these books and products:

Learn more about starting an auto paint shop ➜

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37. Start a snowboard manufacturing business

Examples of a successful snowboard manufacturing business:

Here are some great videos on how to get started with a snowboard manufacturing business:

For further info, check out these books and products:

Learn more about starting a snowboard manufacturing business ➜

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38. Start an auto alarms sales and installation business

Examples of a successful auto alarms sales and installation business:

Here are some great videos on how to get started with a auto alarms sales and installation business:

For further info, check out these books and products:

Learn more about starting an auto alarms sales and installation business ➜

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39. Start a safe installation business

Examples of a successful safe installation business:

Here are some great videos on how to get started with a safe installation business:

For further info, check out these books and products:

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40. Start a book binding business

Examples of a successful book binding business:

Here are some great videos on how to get started with a book binding business:

For further info, check out these books and products:

Learn more about starting a book binding business ➜

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41. Start a collectible clothing business

Examples of a successful collectible clothing business:

Here are some great videos on how to get started with a collectible clothing business:

For further info, check out these books and products:

Learn more about starting a collectible clothing business ➜

42. Start a home theater rooms set-up business

Examples of a successful home theater rooms set-up business:

Here are some great videos on how to get started with a home theater rooms set-up business:

Learn more about starting a home theater rooms set-up business ➜

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43. Start a tanning salon business

Examples of a successful tanning salon business:

Here are some great videos on how to get started with a tanning salon business:

For further info, check out these books and products:

Learn more about starting a tanning salon business ➜

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44. Start a commercial real estate guide business

Examples of a successful commercial real estate guide business:

Here are some great videos on how to get started with a commercial real estate guide business:

For further info, check out these books and products:

Learn more about starting a commercial real estate guide business ➜

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45. Start a water taxi business

Examples of a successful water taxi business:

For further info, check out these books and products:

Learn more about starting a water taxi business ➜

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46. Start a personal concierge business

Examples of a successful personal concierge business:

Here are some great videos on how to get started with a personal concierge business:

For further info, check out these books and products:

Learn more about starting a personal concierge business ➜

47. Start an antique furniture selling business

Examples of a successful antique furniture selling business:

Here are some great videos on how to get started with a antique furniture selling business:

For further info, check out these books and products:

Learn more about starting an antique furniture selling business ➜

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48. Start a headboard art business

Examples of a successful headboard art business:

Here are some great videos on how to get started with a headboard art business:

For further info, check out these books and products:

Learn more about starting a headboard art business ➜

49. Start a tree house kits business

Examples of a successful tree house kits business:

Here are some great videos on how to get started with a tree house kits business:

For further info, check out these books and products:

Learn more about starting a tree house kits business ➜

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50. Start an auto performance center business

Examples of a successful auto performance center business:

Here are some great videos on how to get started with a auto performance center business:

For further info, check out these books and products:

Learn more about starting an auto performance center business ➜

51. Start a luxury watch business ($3.96M/year)

Examples of a successful luxury watch business:

Here are some great videos on how to get started with a luxury watch business:

For further info, check out these books and products:

Learn more about starting a luxury watch business ➜

And for some real world inspiration, give Pablo's story on creating Chronoexpert a read:

I am Pablo, leading Chronoexpert, a marketplace in the luxury goods industry. We currently focus on the luxury watches vertical and believe that pre-owned is the future. The pre-loved market is growing +20% year over year and is expected to surpass the ‘new market’ in the next 10 years.

This project was launched almost 3 years ago and is currently above the 2,5M€ revenue. Still low for our expectations, and need to continue pushing harder and exploring new opportunities. If you are in the luxury watches industry, please contact me!

how-we-launched-a-2-5m-luxury-watches-marketplace

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Pablo, on starting Chronoexpert ($330,000/month) full story ➜

52. Start a private jet charter business

Examples of a successful private jet charter business:

Here are some great videos on how to get started with a private jet charter business:

For further info, check out these books and products:

Learn more about starting a private jet charter business ➜

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53. Start a luxury cars business

Examples of a successful luxury cars business:

Here are some great videos on how to get started with a luxury cars business:

For further info, check out these books and products:

Learn more about starting a luxury cars business ➜

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54. Start a theme bunk beds business

Examples of a successful theme bunk beds business:

Here are some great videos on how to get started with a theme bunk beds business:

For further info, check out these books and products:

Learn more about starting a theme bunk beds business ➜

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55. Start a luxury children’s events business

Examples of a successful luxury children’s events business:

For further info, check out these books and products:

Learn more about starting a luxury children’s events business ➜

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Pat Walls,  Founder of Starter Story

Want to start your own business?

Hey! 👋I'm Pat Walls, the founder of Starter Story.

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