100 Warehouse Business Ideas 2023 [Profitable]

100 Warehouse Business Ideas 2023 [Profitable]

Are you interested in converting available space into a small business warehouse but you are short of warehouse ideas? You can turn that empty space into a thriving warehouse business.

Unfortunately, the majority of people have no clue what profitable warehouse business ideas they can start today.

We researched the most profitable warehouse business ideas and found many examples for your inspiration. We also interviewed thousands of business owners from whom you will learn what to consider if opening a new warehouse business.

If you want to start a warehouse business, here is a list of the most profitable warehouse business ideas for your inspiration.

1. Start an office space rental

Demand for office space rental is booming. The forces that trigger the increase in demand for office space include a more significant number of startups, remote work culture, and an increase in office space per employee as businesses seek to decongest.

With demand for office space expected to increase, starting an office rental business is a wise investment. If you plan to start an office rental business, consider proximity to essential amenities, and ensure the office is accessible.

Before starting the office rental business, it’s a good idea you research the competition in your area. Be sure to understand the competitive landscape and choose where the office rental business fits best.

How Much Can You Make?
$15,000 — $300,000/month
Average Initial Investment
$166,666
Skills

Case Study

I’m Lucas Seyhun. I’m the founder of one of the earliest New York City coworking spaces, The Farm Soho, established in 2014. Unlike most of our competitors (don’t want to give any names), we adopted the affordable workspace model which became our fuel both before and during the pandemic.

Now we cater to all these as well as established businesses discovering the agility and cost-effectiveness of flexible office space rental as opposed to conventional long leases; and also to event organizers in need of unique spaces backed up by expert support.

i-created-an-airbnb-for-startups-in-nyc-make-3-6m-year

2. Start a gaming, sports and entertainment center

A gaming, sports, and entertainment center is a business that offers a wide range of interactive activities for customers to participate in. This can include video game consoles, virtual reality games, laser tag, miniature golf, sports courts, and more.

Running a successful gaming, sports, and entertainment center requires focusing on customer satisfaction and offering patrons a clean and safe environment. It is essential to regularly update and maintain equipment to ensure it is functioning properly and offer various activities to attract a diverse customer base.

Marketing is also key in attracting new customers and promoting the business. This can include advertising through social media, local flyers and brochures, and partnerships with local schools or community organizations.

Another important aspect of running a successful gaming, sports, and entertainment center is managing finances effectively. This includes setting competitive prices, accurately tracking expenses and revenue, and regularly analyzing financial performance to make necessary adjustments.

Overall, a gaming, sports, and entertainment center can be a fun and lucrative business for entrepreneurs passionate about creating an enjoyable experience for their customers.

How Much Can You Make?
$300,000 — $1,000,000/month
Average Initial Investment
$40,000
Time To Revenue
360 days
Skills
Business model

Case Study

I’m Zack Johnson, and I run ggCircuit,which provides premium software, services, and support for esports arenas around the world.

UC Irvine Esports Arena - One of our first university customers in 2016

we-offer-premium-services-for-e-sports-arenas-worldwide-3-6m-year

3. Start a logistics business

Logistics businesses focus on transportation and storage/warehousing, which are critical components of the supply chain. Without elaborate logistics, businesses will deliver goods to their customers efficiently and reliably.

A logistics business connects manufacturers and consumers through transportation and safe storage of products. Logistics may be a good place to start if you are interested in a supply chain-related business but not sure which one. You can work as a driver, connect manufacturers to storage warehouses and transportation companies, etc.

How Much Can You Make?
$83,333 — $2,000,000/month
Average Initial Investment
$6,250
Time To Revenue
300 days
Skills
Business model

Case Study

My name is Ben Elizer, and I am the Founder and President of Velocity International Group, a full-scale logistics company, offering SameDay delivery, Expediting, Distribution, Fulfillment, andmany Warehousing Services. We offer to consult and some other services as well to help our customers succeed in an ultra-competitive environment. Velocity started with 2 vans and many faces to face conversations. We now have 10+ vehicles, including trucks, and have grown to 25k+ square feet of warehouse space as well to best serve our customers.

Over the past 2 years, our revenue has grown over 300%, which has completely contributed to the great people and culture we have at Velocity. After having to move out of my apartment (because I put everything financially I had into this company), and move back into my mom’s house in my mid 20’s, it was difficult, but just 6 months later we had our first small office and warehouse space. I’m fortunate I had a support system to move back into, or else Velocity might not be here today. The business has grown ever since because of hard work, trust, and relationships. We focus on what is important.

how-i-started-a-100k-month-logistics-and-delivery-service-company

4. Start a furniture business

The furniture industry involves designing, manufacturing, and selling various types of furniture for household and commercial purposes. With the increase in flexible workspaces and the real estate industry’s growth, the furniture business’s demand is boosted.

The furniture business is easy to start and does not require high investments. However, it is first essential to know your niche, for example, office, domestic, home furniture, and luxury items.

The furniture business needs a lot of preparation and prior knowledge. Taking business classes, learning about your local market, and making a solid business plan is advisable. In general, if your products are unique and one of a kind, consumers will be willing to pay a higher, including the shipping cost.

How Much Can You Make?
$1,700 — $999,999/month
Average Initial Investment
$163,333
Time To Revenue
390 days

Case Study

My name is Sasha Weekes and I’m the 25 years old owner of Timber Grove Studios. Our home-based woodshop is nestled in the hills of PEI’s countryside, and we specialize in decorative shelving and home decor with a focus on minimalist design and simplicity. Each piece is made to order with 20+ color options, meaning it will be the perfect fit for each customer's space. We ship Canada and U.S. wide.

Moving twice in two years has definitely caused organizational, financial and opportunity hiccups, but the business has grown steadily regardless so we’re very excited about where 2020 will take us. We’ve learned what to focus on during which months, as revenue can range anywhere from $2000 during slow months to $10,000 during high months. Net profit has run anywhere between 20-50% throughout the life of the business and varies month to month. It’s closer to 20% right now as we’ve been spending all we can on new tools and materials for our new larger products and our Christmas stock.

how-i-took-my-woodworking-hobby-full-time-to-build-a-successful-brand

5. Start a sewing and alteration business

Do you have sewing skills and looking for an entrepreneurship opportunity? You can start your sewing and alteration business.

A sewing and alteration business offers customers clothing repair, custom tailoring, button replacement, and other alterations. You can start a sewing and alteration business at home or set up a retail location.

To start a sewing and alteration business, you will need a commercial-grade sewing machine and a marketing strategy, so target customers learn about your business.

How Much Can You Make?
Skills

Case Study

We are Saara and Stephanie - we’ve been friends for 8 years and have both launched our own socially oriented businesses. We recently started ALTRD - a clothing alteration service.

these-two-founders-started-an-on-demand-clothing-alterations-startup

6. Start an electronics store

An electronics store sells any electronics from smartphones to televisions, laptops, refrigerators and other home appliances. With the technological advancements in the past decade, the electronics sector is expected to grow by 5.6 percent over the next five years.

To start an electronics store, research and find the right location for your store, then register your company at the state level to get the tax ID number.

Then, research your competition, which includes online stores and the local electronics store in your area. You should examine what they sell and focus on the products you can provide at a better price than the competition.

How Much Can You Make?
$4,000 — $1,175,000/month
Average Initial Investment
$12,500
Skills

Case Study

Hello, my name is Kyle Capel and I am the founder of Hand Held Legend, a DIY upgrade shop for vintage handheld consoles. If you are as old as I am, you’ll remember the day you opened up your first Nintendo console and impatiently waited for mom or dad to figure out how to hook it up. After the crisp sound of a cartridge inserting into its plastic slot, you were ready to be taken into another world. Whether it be a 90’s Christmas morning or a special birthday, each of us can be taken back to parts of our youth when hearing and playing the games we grew up on. There is nothing that can replace the nostalgia old gaming consoles and the controllers that come with them.

Most of our customers are males between the ages of 13 and 45. Nearly 40% of our sales are international. Revenue averages about $27,000/month and is growing. The first quarter of 2020 posted a 30% increase in revenue over the same period in 2019.

how-i-started-a-27k-month-business-modifying-and-upgrading-game-consoles

7. Start a stationery business

A stationery business sells stationery products such as paper goods, notebooks, greeting cards, and envelopes.

The best part about starting a stationery business is that it's relatively easy and inexpensive to get started.

Since there are so many different types of products available in this industry, there are endless opportunities for creativity, customization, and expansion.

You could even start out small by selling your products on Etsy or eBay before opening up an actual storefront.

How Much Can You Make?
$200 — $1,000,000/month
Average Initial Investment
$5,540
Time To Revenue
300 days

Case Study

Hi, I’m Jess. I’m 34 years old from Tasmania, Australia. I started Chasing Planner Peace back in 2015 when I was pregnant with my third child. Originally we were based on Etsy and only sold planner inserts, however, we’ve now turned into a one-stop planner shop that caters to seasoned “planner addicts” who want to add to their planners, and also planner newbies who love the fact our shop is the only store in Australia you can custom build your own ring planner style planner.

Over the past few years, we’ve really expanded our range to not only offer planners and inserts, but also planner dashboards (beautiful cover pages), dividers, notepads, stationery items and more. We also recently started our subscription box service where every two months customers can receive a “Planner Peace Box” which is full of planner and self-care goodies. We have so many more plans for new products in 2020.

how-i-started-a-12k-month-selling-productivity-planners-online

8. Start a subscription box business

A subscription box business is a type of business where customers subscribe to receive a niche set of products on a monthly basis. Subscription boxes are in high demand today as customers enjoy receiving a variety of products from various brands.

Some of the benefits of starting a subscription box business are:

  1. The revenue is predictable as it is a recurring business
  2. Adds more value to customer service as this creates a unique shopping experience
  3. Customers can access exclusive products and also customize them based on their interest
  4. Profit margin can range from 40%-60%

You can start a subscription box business by understanding the real market needs. Because of its highly competitive nature, finding your niche and providing quality products based on your customer's interests is important. Additionally, it is important to decide what items should go in your box. The box's quantity, size, and design are crucial to grabbing the customer's attention. Apart from the basics, you should also make sure that the items are bright and colorful.

Lastly, building a good relationship with the fulfillment companies will be profitable as this business is a routine task. For example, if you have 100 subscribers, you will need a service to pick up and deliver your products. In addition to this, marketing your service can be an advantage. To promote the service, you can build your website and create special offers to attract and retain customers.

How Much Can You Make?
$400 — $16,666,667/month
Average Initial Investment
$2,901
Time To Revenue
360 days
Skills

Case Study

I’m Lindsay Scholz, and I’m the founder of Vowed Box Co. – a line of curated, quirky gift boxes with non-traditional brides in mind.

Since the brand is still in its infancy and we’re still working through wholesale costs, my monthly income is roughly $600. For being a side business, I look at any profit as a win, but of course, the goal is to see this grow in 2019!

how-i-started-a-gift-box-business-for-non-traditional-brides

9. Start a pet store

Pet stores are retail businesses that sell animals and pet supplies. They are a leading industry category with sales of approximately $4.5B U.S dollars and positive sales growth of 2.7%.

You can set up a pet store in many places, like supermarkets, malls, or pet supply stores.

The first thing to do is to find a location for your store. A good place would be an area with many residential buildings, schools, and colleges as this will give you access to many customers. It would help if you also looked for a location near public transport as it will make it easier for people to come and visit your store.

How Much Can You Make?
$20,000 — $1,200,000/month
Average Initial Investment
$18,600
Skills

Case Study

I am Mike Leon, mechanical engineer, an avid bike rider, service dog trainer and inventor of the 1-Running-Dog Bike Tow LeashⓇ for safe bike, trike, scooter, and wheelchair dog-rides.

I am the owner of LEON Engineering, Inc. We design, build and sell the 1-Running-Dog Bike Tow Leash® to dog owners, walkers, trainers, military and law enforcement, search and rescue and those with special needs. Having sold less than 200 BTLs prior, My on-the-side hobby turned into a true business in 2009 with the launch of our first website. We went from shipping hundreds/year to thousands/year. Now, our business allows me to work comfortably from home, making 6 figures, while caring for my wife and enriching the lives of tens of thousands of dogs and their humans.

how-i-started-a-6-figures-business-selling-a-dog-accessory

10. Start a food truck

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

How Much Can You Make?
$29,166 — $61,650,000/month
Average Initial Investment
$44,033
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

I started my career at the world-famous Century Plaza Hotel in Los Angeles Apprenticing under Certified Master Chef Raimund Hofmeister.

Food Fleet’s growth Year after year has been at an at over 30 %. From 2017-2018 we had an unprecedented 160% growth spurt. With a team of 6, including my partner and I, we managed over 20 million in sales for our clients. As an example. We took over a convention center 3 years ago managing their food truck business. For their largest event of the year, we were up 53% over the previous year. I honestly would have to equate some of that success to the under-reporting of sales by the previous operator. But the following year we were up 19% from that figure and again close to that this year. That is due in large part to our understanding of transaction times, menu mix, the equipment in each truck or pop up and other factors.

11. Start a clothes business

Starting a clothing manufacturing business can be a lucrative and great opportunity. In fact, clothing manufacturing is expected to grow due to increase demand for quality clothing items around the world.

It's important that you first determine your niche in the clothing manufacturing world, whether that be streetwear clothing, fitness and athletic, or leisure.

How Much Can You Make?
$5,000 — $9,975,000/month
Average Initial Investment
$91,100
Time To Revenue
300 days
Skills
Work from home

Case Study

Hello from sunny Singapore! My name is Donovan and I am the founder of Bryden.

I started Bryden back in 2015 with my partner and we are now a team of 8, with an average monthly revenue of $74,000 and serving customers in more than 20 countries from French Polynesia to USA.

how-we-started-a-clothing-manufacturing-business

12. Start an antique business

Owning an antique and vintage business can be fulfilling and profitable for those targeting the elite.

Antique businesses focus on procuring items at a low price and restoring them, then selling them at a profit. The items can include old toys, cars, bikes, household items, crafts, vintage jewelry, etc.

Opening an antique item store may seem somewhat daunting. However, once you have researched the items available and acquired the necessary skills and expertise, you will be ready to kick off.

For some, a storefront with enough storage for antique items might fit the bill. For others, an online store will work pretty well. Regardless of your approach, the secret is applying your entrepreneurship strategies to an overall framework for success.

How Much Can You Make?
$15,000/month
Average Initial Investment
$10,500
Skills
Business model

Case Study

In 2013 I decided to start a company where I would restore antiques and antique toys. After 25 years of working in education and information technologies, I decided to cash out my 401K savings to start Hoosierboy Restorations. I began in my mother's garage and quickly began receiving projects to restore. I quickly outgrew the small 2 car garage and expanded my operations to my present 2200 sq.ft. facility.

7 years later, we have restored hundreds of projects. Everything from 100-year-old toys, to historical furniture, to a T-33 Airforce jet ejection seat.

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

13. Start a beverage company

Are you thinking of starting a beverage or drink business?

Starting a beverage company can be a great way to combine your love of food and drink with a passion for entrepreneurship.

Beverage companies can make all sorts of different drinks, from juice to soda to beer. They can also sell other types of food products, like bottled water or snacks.

There are more and more drink options available today than ever before—and that means that beverage companies are constantly trying new things in order to stay competitive in this space! The more innovative they can be with their offerings, the better they'll be able to compete with one another

How Much Can You Make?
$500 — $200,000,000/month
Average Initial Investment
$224,484
Time To Revenue
360 days
Skills
Business model
Work from home

Case Study

Hello, my name is Dylan Jacob and I am the founder of BruMate, AKA, The Dehydration Company. We are a unique insulated drinkware brand with a sole focus on the adult beverage community.

I launched our first product line in November 2016. We did $250,000 in sales from November-December 2016, 2.1M in sales in 2017, and we are now doing over 1.1M/mo in sales, in over 1000 retailers nationwide, and are on track to do 20M this year with roughly 35-45% bottom line depending on our ad-spend.

i-grew-a-drinkware-brand-to-1-1m-month-at-23-years-old

14. Start a soap business

Soap-making business is a growing industry that can be home-based or a small local business. Soap business is one of the most lucrative home-based businesses that perfect your decision to work in your free time while you earn good cash.

Starting a soap business sounds simple enough. You can buy supplies for probably less than $1,000. Popular skincare products are now being sold online, and this doesn’t seem like a challenging field to break into. Below are some success stories of the soap business that will inspire you.

How Much Can You Make?
$1,000 — $600,000/month
Average Initial Investment
$3,900
Skills

Case Study

More important than the money, though, we’ve made so many friends from our customers and business contacts from the business. 46% of our website orders are from repeat customers. Once someone joins the Outlaw gang, we strive to be their sidekick for the long haul. We often hear from customers that our customer service is the best they’ve ever experienced. I think this is because we’re absolutely emphatic about ensuring the satisfaction of our genuinely incredible customers, no matter what.

We feel like our Magnificent Seven Outlaw Values really define us as a company and give our customers a good reason to be loyal to us. (in addition to fantastic product, of course)

leaving-the-cubicle-to-start-a-23k-month-soap-company

15. Start a screen printing business

How Much Can You Make?
$8,000 — $80,000/month
Skills
Business model

Case Study

Hello! My name is Adam Tanaka and I own a company called Life and Limb Printing. We are a screen printing and full-service merch company that specializes in merch production for breweries, outdoor clothing companies, and restaurants with a little bit of everything else sprinkled in.

Since officially launching the business in 2010, we had our best month last year in October 2018 at $80,000 and now we are set to hit 1M by the end of 2019.

from-scrubbing-floors-to-running-a-1m-screen-printing-business

16. Start a parking lot business

More people are purchasing cars, and the demand for parking spaces has increased significantly. Finding a safe parking lot is becoming a problem, and this is where the parking lot business opportunity emerges.

A private parking lot business provides customers with a convenient and safe space for automobiles.

Starting a parking lot business requires ample space, a parking attendant, a surveillance system, and payment collection software. To increase your income, you can introduce an EV charging station.

A parking lot business is an excellent low-maintenance business since you do not need to be there physically, as you can fully automate the parking lot as a self-service facility, available 24/7.

How Much Can You Make?
$61,583 — $100,000/month
Average Initial Investment
$125,000
Time To Revenue
300 days
Skills

Case Study

Hey! I’m Patrick Murray. Dad of a 9 month old- husband to a wife who is ageless, and an entrepreneur for as long as I can remember. I am Co-Founder and CEO of a company called NOSON, we run the popular parking deal website, onairparking.com.

We sell highly discounted airport parking reservations across the country to very price sensitive leisure and vacation travelers. We are in 27 markets, are doing about $1.2M in revenue a year and have been featured in Forbes, Entrepreneur, and Inc.

how-i-started-a-1-2m-year-business-with-tools-like-typeform-zapier

17. Start an auto repair business

Many people just love to tinker with, fix and repair cars. This is an all-consuming hobby for some people. They like to take things apart and figure out how things work. The process of fixing and repairing cars is almost therapeutic for them.

An auto repair business is a rewarding way to make extra money or build an entire business.

You can do it in the comforts of your own home, working around your schedule and getting paid handsomely for it. The United States automotive service market is expected to reach $75B by 2026.

How Much Can You Make?
$415,000/month
Average Initial Investment
$200,000
Skills

Case Study

My name is Johnny Van, I am the President and Owner of Finish Line Towing & Auto Repair. I have always been interested in cars, trucks, motorcycles, snowmobiles… you name it. My father was a major contributor to my love for automobiles, he started a towing company when I was a child. He always had about 2 or 3 trucks while working a full-time job also and he did this for around 25 years.

FLT does around $5,000,000 in sales a year between all our services and we are focusing on growing to other markets in Wisconsin and soon Illinois.

i-quit-my-full-time-job-launched-a-5m-year-towing-auto-repair-business

18. Start a tradeshow booth business

How Much Can You Make?
$30,000/month
Skills
Business model

Case Study

My name is Ryan Schortmann and I’m the founder of Display Pros. We are a custom trade show display booth company offering easy to use portable display “kits” for small and medium businesses wanting to get into the trade show game.

I launched Display Pros last year on a shoestring budget and have been bootstrapping the company ever since. Most early sales were by word of mouth and to my own network. Now that we’re hitting more respectable revenue levels, I have been reinvesting in the marketing effort with the goal of increasing our sales online.

how-i-started-a-30k-month-business-selling-custom-trade-show-booths

19. Start a gym

Over the last decade, more people across the globe have become self-aware of the importance associated with living a healthy lifestyle.

As a result, the gym has become a trend for millions of people, leading to a rapid increase in the size and popularity of the global fitness industry. According to statistics, the global fitness club industry is worth over $96 billion.

Therefore, starting a gym could be a great business opportunity.

How Much Can You Make?
$20,000 — $1,200,000/month
Average Initial Investment
$75,875
Skills

Case Study

Hey everyone! I am Chris and in March 2011 I started Live Fit. Live Fit is a personal training company that was created to change the standards in the personal training industry. Early on I focused on building a company that is not only based on results, as most fitness companies are, but that is also focused very heavily on relationships. Relationships create trust, trust creates buy-in, and buy-in leads to the accountability and dedication it takes to get results.

how-i-started-a-60k-month-personal-training-company

20. Start a craft business

If you have artistic passion and the skills to make unique art, consider starting a craft business. Craft businesses make jewelry, clothing design, card making, painting, sculpting, ceramics, among others.

According to research, the global handicraft market size will reach over $1252 billion in the next decade.

Checkout this video for steps to start your craft business.

The best websites to sell your crafts include:

How Much Can You Make?
$1,000 — $80,000/month
Average Initial Investment
$1,300
Time To Revenue
270 days
Skills
Business model
Work from home

Case Study

Hi, I’m Theresa the owner of the blog DIY Lifestyle. On my blog, I share dozens of gluten-free, vegan, paleo, raw vegan and healthy recipes, fun crafts & DIYs, helpful life hacks, and travel tips. I started my blog because I was looking for a place to write down useful information to share with people all around the world but it quickly turned into something more.

how-i-turned-my-passion-for-crafts-and-writing-into-a-side-income-source

For artists, getting the attention of traditional brick & mortar stores is an enormous challenge with slim odds of success. Fortunately, online marketplaces make it possible for artists across the globe to sell their artwork internationally.

With art galleries contributing up to 45 billion dollars, they can be a great business opportunity. If you are interested in the art industry, you can start an online art gallery.

How Much Can You Make?
$350,000/month
Average Initial Investment
$150,000
Time To Revenue
330 days
Skills
Business model

Case Study

Hi, my name is Adam Vieira, and I’m the creative director for Station 16 Gallery, a contemporary art gallery in Montreal heavily influenced by graffiti and street art.

We showcase original art, sculptures, and works on paper, which changes every month, sometimes every week. We also launch a new limited edition silkscreen print every month with international artists.

growing-an-art-gallery-to-150-000-month

22. Start a storage facility

Storage space is a highly profitable business with a low-overhead cost. By starting a storage space business, you provide secure space for residential and commercial customers. Demand for storage space has been and is still experiencing meteoric growth.

According to a report, self-storage facilities generate a profit margin of 41%.

Apart from renting out storage space, self-storage facilities make money by selling locks, cardboard boxes, packing supplies, insurance, and other products. Pros of starting a storage space business include the following:

  • Great profit potential
  • Growing demand
  • Low overhead compared to other businesses
  • Requires minimal management
  • Maximize profits by offering lucrative add-on products and services.

How Much Can You Make?
$150,000/month
Skills

Case Study

My name is Ben Elizer, and I am the Founder and President of Velocity International Group, a full-scale logistics company, offering SameDay delivery, Expediting, Distribution, Fulfillment, andmany Warehousing Services. We offer to consult and some other services as well to help our customers succeed in an ultra-competitive environment. Velocity started with 2 vans and many faces to face conversations. We now have 10+ vehicles, including trucks, and have grown to 25k+ square feet of warehouse space as well to best serve our customers.

Over the past 2 years, our revenue has grown over 300%, which has completely contributed to the great people and culture we have at Velocity. After having to move out of my apartment (because I put everything financially I had into this company), and move back into my mom’s house in my mid 20’s, it was difficult, but just 6 months later we had our first small office and warehouse space. I’m fortunate I had a support system to move back into, or else Velocity might not be here today. The business has grown ever since because of hard work, trust, and relationships. We focus on what is important.

how-i-started-a-100k-month-logistics-and-delivery-service-company

23. Rent party & events venue

Businesses use event venues for various purposes, including meetings, tradeshows, conferences, product launches, etc. On the other hand, individuals host birthdays, weddings, and other celebrations at event venues.

According to the latest statistics, the events industry is growing rapidly. Events provide a great marketing tool for businesses, and events are crucial for strengthening relationships.

The demand for event venues increases as individuals and corporates host more events annually. If you have some unused space and are enthusiastic about hosting events, you can start an events rental business.

To start, choose a niche, and market your business. You can focus on corporate events, social and entertainment events, or general venues suitable for any setting and party theme.

How Much Can You Make?
$35,000/month
Average Initial Investment
$12,750
Skills
Business model

Case Study

Hello, I am Akshay Patel from Albuquerque, NM the land of enchantment. I started an event rental and decor company that led me to an event venue. The View Event Center is a lavish space that is an indoor and outdoor event venue with panoramic city views. Our high-end venue with experienced staff will assist from venue decor to the smallest details entailed in making memories of a lifetime. Simply Decor, Tents, and Events ensures exclusive decor and thrives to bring your event to life through customized, elegant decor for all of their clients.

The full-service company will individually work with every client to design their event that will intrigue every eye in the room. Our company is broad that we get many different types of customers and we make many great connections with them as well. The company was making upwards of $380,000 a year.

how-i-started-a-35k-month-event-decor-business

24. Start a co-working space rental business

The co-working spaces are becoming essential in the post-pandemic world. Experts estimate five million people will occupy coworking spaces in the next few years. The projections are based not only on the growth the coworking industry has experienced over the past few years but also on the sharp increase in the number of startups coming up each year.

Therefore, creating your coworking space business will become a lucrative opportunity. To create a coworking space, do proper market research to ensure you have the demand for a co-work space in your target area.

Then, focus on finding an ideal location to attract the maximum number of customers.

How Much Can You Make?
$4,000 — $300,000/month
Average Initial Investment
$133,416
Skills

Case Study

I’m Lucas Seyhun. I’m the founder of one of the earliest New York City coworking spaces, The Farm Soho, established in 2014. Unlike most of our competitors (don’t want to give any names), we adopted the affordable workspace model which became our fuel both before and during the pandemic.

Now we cater to all these as well as established businesses discovering the agility and cost-effectiveness of flexible office space rental as opposed to conventional long leases; and also to event organizers in need of unique spaces backed up by expert support.

i-created-an-airbnb-for-startups-in-nyc-make-3-6m-year

25. Sell building materials

A building material business trades materials used in the construction industry.

The building materials include loose rocks, sand, iron, bricks, cement, poles, cement, and all other materials the building contractors need. Your target market will be building and construction managers, hardware, and contractors.

To promote your business, get featured in industry magazines and online forums. Create a website and ensure an active online presence through social media and SEO.

How Much Can You Make?
$20,000 — $1,250,000,000/month
Skills

Case Study

My name is Mat Hofma, and I created Mini Materials. We sell miniature masonry and woodworking supplies like cinder blocks, red bricks, pallets, lumber, and even molds to pour your own cinder blocks.

Since then we've expanded to different styles of mini masonry and even kits to build models.

selling-mini-construction-supplies-and-making-17k-mo

26. Start a dry cleaners business

Dry cleaning is a business that takes clothing, linens, and other fabrics and cleans them with no water. The dry cleaning process uses chemicals to clean the fabric and make it look new again. This process can remove stains, soil, and odors from your clothes.

People will always need their clothes washed so that this business model can succeed. Starting a dry cleaning business is a great way to enter the industry.

To maximize profitability, offer multiple services beyond the typical dry cleaning like wash and fold service.

How Much Can You Make?
$26,500/month
Average Initial Investment
$80,000
Skills

Case Study

Hello! My name is Nishant Tripathi, and I founded Dhobilite, a premium online dry cleaning, and laundry service. I started this company in 2011 with a vision to pioneer laundry service in India.

We started operations in the year 2011. Over the years, we experimented with and developed our business model and software. In 2015, we disrupted the laundry market and became India's first app-based, on-demand laundry service provider. We have expanded into more than 15 cities in the last two years and have around 20+ stores today. In addition, we have 30 plus franchises. We also have factories in Gurgaon, Noida, Lucknow, Hyderabad, and Faridabad.

i-built-a-318k-year-business-by-digitalizing-the-laundry-industry

27. Start a flea market or marketplace

Starting a marketplace business is one of the best ways to capitalize on the gig economy and make serious profits. There are clear advantages to starting an online marketplace and being the middleman between suppliers and consumers.

The top online marketplaces in the world sold $3.23 trillion in goods in 2021. Sales through platforms like those operated by Alibaba, Amazon, eBay, and others accounted for two-thirds of global eCommerce sales last year. To create and compete in the marketplace business requires adaptations, modifications, overhauls and innovation.

How Much Can You Make?
$8,300 — $60,000/month
Average Initial Investment
$5,000
Skills

Case Study

Hello, my name is Mohamad Saad, and I am one of the founders of HalalWorldDepot, America’s premier Halal online marketplace. The company started three years ago as meat and grocery delivery service and slowly grew into a full-blown online marketplace offering a wide range of Halal products.

With a simple goal of getting as many Halal items listed, we also focus on building a community of Muslims around the United States to connect and come together. A home formed on a website where all can feel welcomed and comfortable shopping and finding the products they need.

i-started-my-online-food-business-at-17-it-now-earns-720k-year

28. Start a dance studio

The dance studio business idea involves providing a space for people to learn and practice various dance styles, such as ballet, jazz, hip-hop, and salsa. To start this business, you will need a space to hold classes, essential equipment, and instructors. You must schedule classes, advertise the business, manage finances, and create a positive student experience to operate it.

How Much Can You Make?
$8,400 — $40,000/month
Average Initial Investment
$150,000
Skills

Case Study

I am Bryan Greene, I own and started The LOOK Fitness in Newport Beach, California.

The LOOK Fitness is currently making $53,000 per month and growing monthly, fighting back from the hardships we've endured. We moved from our original location as we outgrew our first location and survived a drawn-out build-out that was supposed to take only two months, which took one year and eight months, and COVID in Southern California with some of the most strict closures.

how-i-grew-my-fitness-studio-to-480k-year-despite-the-pandemic

29. Start a nanobrewery or micro brewery

A nano brewery is a brewpub that produces less than 15,000 barrels of beer annually and sells at least 75% of its beer off-site. Running a nano-brewery can be profitable if you understand how to brew high-quality beer.

To start a nano brewery, check your local laws and research if you have a good customer base. It would help if you also learned how to operate a brewery professionally because poorly brewed beer will ruin your business.

How Much Can You Make?
$56,000/month
Average Initial Investment
$10,000
Skills

Case Study

HI! We are Davor and Matija from Varionica, a craft brewery from Croatia.

We started by renting a small brewery outside of Zagreb and by the end of 2019. After that, we opened our new brewery with a much larger capacity and modern brewing equipment in Pisarovina near Zagreb. We started our business with only 22 30-liter steel KEGs, which we drove around in an old Opel Astra, and now we are producing roughly 40.000 liters of beer per month.

how-we-started-a-six-figure-craft-brewery-from-croatia

30. Sell car accessories

A car accessories business is a retail store or online shop selling various automobile products and services. These include car stereos, GPS systems, seat covers, dashboard covers, floor mats, and more. Running a successful car accessories business requires a good understanding of the automotive industry and a keen eye for the latest trends and technologies. It is also essential to have a wide selection of products available for customers to choose from and to be able to offer installation services if necessary.

One essential tip for running a successful car accessories business is establishing relationships with local auto repair shops and dealerships. This can help to increase customer traffic and provide a steady stream of business. It is also essential to focus on customer service and to be able to offer advice and recommendations to customers based on their specific needs and preferences.

Another tip is to stay updated on the latest products and technologies in the automotive industry. This can help attract and retain customers looking for the most current and advanced products. Overall, a car accessories business can be a lucrative and fulfilling venture for entrepreneurs who are passionate about automobiles and want to help customers enhance and personalize their vehicles.

How Much Can You Make?
$5,000 — $202,000/month
Average Initial Investment
$69,666
Skills

Case Study

Hello readers! I’m Crystal, the one-woman show running TCB Designs, Florida. I’m a 43-year-old mom that has been blessed to wake up every day and do what I love.

Over the years I have added smaller items that are perfect for unique gift ideas and stocking stuffers like our ceramic car coasters, personalized tape measures, and memorial ornaments. Adding these smaller items boosted sales greatly, especially around the holidays. This last Christmas season (November through December 2021) sales totaled just over $20k.

how-my-home-decor-making-side-hustle-grew-into-a-5k-month-business

31. Start a grocery store

A grocery store sells a wide variety of food products, fresh or packaged, and other household & personal care items. The grocery store industry is the largest retail channel that makes $682 billion in the United States.

To start a basic grocery store, you can expect to spend a minimum of $50,000. Ideally, the bigger expense would be the rent, equipment, labor cost, cash registers/POS systems, and software. Some of these are recurring monthly fees. However, the location, size of the store, competitors, and local customers will significantly impact the business. A new grocer should sell more items for a lower price to make a more significant profit.

A new grocer can also save costs by buying the items from local distributors. The distributor is the middleman between the manufacturer and the grocery store selling it. Once the store cost and location are decided, the next step is to obtain a seller license. In most states, a grocer's license is required to run a grocery store.

Thus an average grocery store has a profit margin of 3% to 5%. The profit rates depend on the store's location, size, and popularity. On average, a small to medium grocery store can make a profit of up to $300,000 annually if all the profit factors are considered.

Another way to make your business more profitable is to diversify your store and add amenities like a coffee shop or stocking up the front of the store with magazines, batteries, etc., as these items can cross a margin of up to 70%. As a rule of thumb, offering lower prices on higher purchases will ultimately win more customers and increase profitability.

32. Start a cosmetic store

The cosmetic industry is growing rapidly. Starting a cosmetic shop can be highly profitable, but only if you stock trendy, skin-friendly products.

If you are passionate about the beauty industry, consider starting a cosmetics brick-and-mortar shop.

Cosmetic shops sell products ranging from anti-aging, aromatherapy, lotions, beauty spa, cosmetic store, and even make-up.

To start a cosmetic store, research the market and source products from well-known brands in the beauty industry.

How Much Can You Make?
$8,500 — $490,000/month
Average Initial Investment
$800
Skills

Case Study

My name is Alexis Evans aka Da Mademoiselle. I am a native of South Florida who has started a cosmetic and skincare company named FBI Cosmetics d/b/a Flawlessly Beautiful Individual in the middle of a pandemic.

I am also the owner of Boss Talk Expo an annual expo and conference company. I branched out into the beauty industry, I started FBI Cosmetics off with just lipsticks and have progressed into the skincare business in December. I have grossed over $62,000 in sales. People ask where the name comes from and I tell people “it’s a crime to be so damn beautiful.”

how-i-started-a-8-5k-month-cosmetics-brand

33. Start a perfume business

A fragrance or perfume business creates and sells products made from various ingredients, such as oils and extracts, which are mixed together to produce a pleasant smell.

And perfumes are no small business: the industry is expected to reach over $40B in the next few years.

There are a few ways to get started with creating your own perfume. You can start by choosing which ingredients you would like to use and then find recipes that will work for those ingredients. Or, you could start with a fragrance that you already love and try to recreate it as closely as possible with natural ingredients.

How Much Can You Make?
$19,000/month
Average Initial Investment
$2,000
Skills

Case Study

Hi, my name is Rafael Hernandez and I am the founder of Alfred Lane. I have a line of personal and home fragrances handcrafted in small batches out of our Miami studio. I began selling solid colognes initially as an alternative to spray colognes and released three fragrances.

The business generates $19k a month in revenue. In 2020, the company had its best year ever. I opened a production studio where we make everything and hired a studio assistant all within the last 5 months. It’s been more than 8 years since I started and the journey has been a wild one.

how-i-started-a-19k-month-personal-and-home-fragrances-brand

34. Start a bakery

Everyone loves baked goods, be it sweet items like cakes, muffins, and cookies or savory baked food like pizzas, buns, bread, and puff pastry. Baking takes a lot of effort and patience, which is why many people buy baked items from stores or restaurants instead of baking them at home.

Starting a bakery can be a rewarding business opportunity if you have a passion for baking. If you plan to start a bakery, consider that happy customers often become repeat customers. Therefore, always focus on quality and work on customer satisfaction.

To start a bakery , pick an ideal format. Some options include:

  • Counter-style bakery
  • A hybrid bakery with a cafe,
  • Food truck with a bakery
  • Home bakery.

Write a suitable business plan and choose the correct location.

How Much Can You Make?
$3,750 — $25,000/month
Average Initial Investment
$3,642
Skills

Case Study

Bonjour! My name is Anthony Rosemond. I'm a Parisian chef & founder of Pastreez, an online French bakery.

We’ve sold over 1 million macarons to this date, with only a team of two.

how-this-couple-left-france-to-build-their-american-dream-a-six-figure-online-french-bakery

35. Start a coffee cart

A coffee cart is a small outdoor structure that serves coffee and other beverages at retail prices. A coffee cart business is a low startup cost business.

All you need to set up a coffee cart business is a professional coffee machine and coffee cups.

To maximize your profits all year round, choose a strategic location and ensure you are readily available to serve your customers whenever they need coffee.

How Much Can You Make?
$15,000/month
Average Initial Investment
$5,000
Skills

Case Study

My name is Beth Baxter and I co-founded Camper Cafe, a mobile coffee van business. The idea for our business started with my partner’s love for vintage VW campervans. He had a rusty old shell of a T25 Campervan given to him, that he wanted to convert into a trailer for his motorbikes.

Although we never really thought about this ever becoming more than just a lifestyle business, we found we were turning so much work away from that in 2019 when the company was turning over around £150k from working only 70 days of the year, we decided that I should go full-time to see the potential.

we-built-a-coffee-shop-in-a-van-that-makes-180k-year

36. Start an auto parts shop

If you want to start a retail business in the automobile industry, consider an auto parts business.

The auto parts business is one of the most successful businesses in the world. There are many Auto Parts Businesses in the United States, Canada, and the UK, where most are part-time.

Listed are the steps on how to start an auto parts shop business.

  • Pick a location
  • Do your market research
  • Secure all permits and licenses
  • Open a bank account for business transactions

How Much Can You Make?
$45,000 — $600,000/month
Average Initial Investment
$75,000
Skills

Case Study

Hey everyone! My name is Mitchel Matthews and I am a 22-year-old entrepreneur. I am the owner/founder of Adrenaline Offroad which is an eCommerce store for aftermarket vehicle accessories! We mainly focus our expertise in the realm of automotive LED lighting accessories. Our products are built for a person who will endure hardcore offroading situations with their vehicle all the way to people who attend multiple shows per month in their show trucks! Some of our most popular products being our RGB+W underglow/rock light & LED wheel ring lights. In just over a year of quitting my job to pursue my passion for truck mods full time, I am so beyond proud & excited to be making 5x the amount of money that I used to make per month!

Pictured above is our most popular bundle kit called “The UFO GLOW Bundle Kit”

how-i-started-a-12k-month-aftermarket-vehicle-accessories

37. Start a retail pharmacy

Starting your retail pharmacy can be a rewarding venture that offers you independence and the opportunity to define your work schedule. If you are considering starting a pharmacy, understand the licensing requirements and comply with the National Council For Prescription Drug Program.

Then, define the business model. You may opt to start an online retail pharmacy or a brick & mortar establishment. For a brick-and-mortar establishment, rent a physical location and take care of staffing costs and inventory keeping.

How Much Can You Make?
Skills

Case Study

My name is Misty Dupree and I own Medical Bag Tags, LLC. I create customizable medical and allergy awareness bag tags for your purses, backpacks, lunch boxes, and more! I desire to help bridge the gap between the medical community and everyday folks by raising awareness of medical and allergy conditions. My Bag Tags can help in emergencies where someone may not be able to speak for themselves.

During the darkest of dark days, I managed to keep my business afloat, getting small orders here and there. I did manage to pull myself out of the muck and get my LLC and Registered Trademark too. I am now on the other side of the years of pain and am looking forward to putting more time into my business and seeing it grow.

on-creating-customizable-medical-and-allergy-awareness-bag-tags

38. Start a restaurant

If you love cooking and are passionate about entrepreneurship, starting a restaurant can be a fun and lucrative business.

To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food and line cooks, waiters, and waitresses to serve the customers. No matter the restaurant type, you need great culinary and business skills to make your dream come true.

If you plan to open a restaurant , gain insight from consumer preferences and focus on serving modern consumers what they need.

How Much Can You Make?
$5,000 — $61,650,000/month
Average Initial Investment
$57,500
Skills

Case Study

Hi, I’m Andrei Calinescu and I am the Founder and CEO of One Life Meals.

starting-a-1-5m-healthy-meals-delivery-business

39. Start a flower shop

Do you enjoy designing floral arrangements for special events like weddings or holidays? If so, owning a flower shop can be exciting and rewarding.

However, setting up the business for success can be overwhelming.

As a florist, your role is to touch people’s emotions with the flowers. The career requires creativity and design skills to appeal to your target customers. You need to love and enjoy working with flowers and have some patience.

How Much Can You Make?
$9,600 — $120,000/month
Average Initial Investment
$37,625
Skills

Case Study

My name is Carlos Franco, and I am the owner and creative director at Green Fresh Florals + Plants, San Diego's premier modern flower and plant shop located in Hillcrest.

I’ve been connected to Mother Earth my entire life and became a professional florist in my early 20’s. I opened Green in its current location in July 2009. Before that, I had a shop located in the East Village neighborhood in downtown San Diego.

how-i-started-a-120k-month-modern-flower-and-plant-shop

40. Start a fashion accessories business

If you love fashion and clothing design, you may want to start a fashion accessories business. As a fashion accessories consultant, you help clients develop and adapt personal and professional styles.

Fashion accessories are decorative items that supplement one’s outfit. They include jewelry, gloves, belts, scarves, watches, sunglasses, bow ties, leggings, suspenders, and tights. To work as a professional stylist, collaborate with clients to understand their needs, and tailor styles and aesthetics to each individual’s preferences.

How Much Can You Make?
$1,985 — $40,480,000/month
Average Initial Investment
$466
Skills
Business model

Case Study

I'm Jen, and I own FOXLY Handmade, a handmade bag company based in Albuquerque, New Mexico. I work with artists to develop illustrations that I then turn into useful, practical pouches. Think of them as little pieces of portable, functional art!

Now, I've transitioned my business almost entirely online, and my website sales have been growing month over month. I anticipate that I will triple last year's sales by the end of this year, even without the in-person events I used to rely on.

how-i-started-a-3-5k-month-handmade-bag-company

41. Start a bags store

How Much Can You Make?
$833,333 — $2,000,000/month
Skills

Case Study

Linjer, created by entrepreneurs Jennifer Chong and Roman Khan, provides sustainably crafted jewelry, luggage, and watches without the luxury markup.

In 2014, the cofounders were experimenting with making a soft briefcase out of high-quality leather, mainly because they couldn't find anything similar on the market.

To date, they have amassed $10 million in revenue in just three years of business.

Their plans for the future include:

  • Influencer marketing
  • Expanding to wholesale partners
  • Creating pop-ups
  • Entering new product markets & areas

article

Read the full story on defolio.co ➜

42. Start an apparel boutique

An apparel boutique is a small shop dealing in fashionable clothing or accessories. An apparel boutique is low investment but potentially very profitable idea. However, starting a successful apparel boutique requires creativity and financial stability to help the brand achieve its objective.

How Much Can You Make?
$3,000 — $660,000/month
Average Initial Investment
$1,000
Skills

Case Study

Hi! I’m Emily, and I founded Bravery Co. in 2016. Bravery Co. is a company and community that supports chicks with cancer. We create Australia’s only range of designer headwear for cancer warriors with $2 from each scarf donated to cancer research to end this stupid disease.

On average, we make 3-5K profit a month, but this is always put back into the business. (Definitely no superyacht story here yet!)

surviving-cancer-inspired-me-to-start-a-headwear-brand-that-empowers-women

43. Start a health food store

How Much Can You Make?
$41,700 — $4,170,000/month
Average Initial Investment
$20,150
Skills

Case Study

Whilst there aren't any entrepreneurs in my family or close friends group, I grew up watching business TV shows like the BBC's Dragons Den and The Apprentice, always getting mesmerized by the unique ideas and hard work people put into their businesses and brands to turn them into something they could make a living from.

Other than the school 'pretend' businesses you set up as part of your coursework, this was the first viable idea I had meaning I had little to no knowledge of running a business before starting Protein Package. Our current bestselling range of products sold are protein bars, they're super convenient to take on the go, taste amazing, and offer a brilliant macronutrient profile by keeping carbs, fat, and sugars low. Customers love to be able to mix and match all the best protein bar brands from around the world in one place.

i-started-a-1-08m-year-snacks-ecommerce-at-17-with-only-300

44. Start a sports wear store

If you’re a fitness enthusiast looking to start your own business, why not consider opening a sportswear store? This unique venture offers many opportunities to cater to athletes’ and fitness enthusiasts’ needs.

From trendy workout gear to high-performance athletic shoes, your store will be a veritable cornucopia of fitness gear.

Not only will you have the chance to help people find the perfect gear for their workouts, but you’ll also be able to provide expert advice and guidance on the latest trends and technologies in the sportswear industry.

Plus, with the rise of athleisure fashion, your store will appeal to a wide range of customers, from professional athletes to fashion-conscious fitness enthusiasts.

Consider offering personalized services such as custom fittings and specialized gear for specific sports or activities to stand out from the competition.

You could also host events and workshops to engage with your community and build a loyal customer base. A sportswear store can be a lucrative and fulfilling business venture with the proper marketing and customer service strategy.

So, if you’re ready to start your entrepreneurial fitness journey, consider opening a sportswear store today!

How Much Can You Make?
$20,000 — $660,000/month
Average Initial Investment
$30,000
Skills

Case Study

Hi everyone! Welcome to my crazy journey! My name is Kressa and I am the inventor of the Shower Toga-The world's first and only waterproof changing garment. And this below is the best picture I have ever taken-lol. People look at me and then look at this photo and say “That’s not you” so I guess the stars were aligned that day. Thank you Mark for inviting me to sit in your chair. So here is my story.

Giving back is very important to me. I have to say that as a small start-up company, giving back, to the extent that we do, is probably not the smartest financial move but I do my best to balance it. My goal is not to get rich. My goal is to grow my company and have security for my family, but more importantly, it is to make a difference in the lives of others. That can be something as simple as giving someone confidence to grab a bite to eat after a long, sweaty beach day or as complicated as helping a migrant child at the border clean up with privacy & dignity in a safe manner.

traveling-in-an-rv-to-promote-our-240k-year-waterproof-changing-garment-as-seen-on-shark-tank

45. Start a kids store

The kid's store business is a large market attracting millions of annual global sales and steady growth. If you plan to start a kids store business, you can specialize in clothing, toys, and accessories or sell all of these in one store.

Research the local market to discover what is appealing, and find the best suppliers. Define a business model and apply for applicable licensing. For kids apparel stores, a physical storefront acts as an anchor and helps build a local customer base. An online store will help you reach a wider market as you supply to those outside your locality.

Average Initial Investment
$5,000
Skills

46. Start a kitchenware and home essentials shop

Kitchenware and home essentials supplies remain a traditional retail business globally. Even in this era of the internet, people prefer purchasing kitchenware and home essentials from brick and mortar stores.

Therefore, if you plan to start a kitchen supplies business, you may consider opening a physical store.

Do you want to start a kitchenware and home essentials store? You can purchase a struggling store or start from scratch. Remember, location is a significant factor in the approach, so focus on the high-traffic areas like near residential locations.

How Much Can You Make?
$78,000/month
Average Initial Investment
$2,500,000
Skills

Case Study

I and my husband Mr. Chirag Visaria are the founder and director of the brand PDD Falcon. I am an IT professional, turned into a woman entrepreneur leading the family legacy and aspiring to manifest my expertise in the 35-year-old family business.

The brand began with a small t.o. of 10 l in the first year. But today we stand at a forecast of 12 cr and above for f.y. 2022-23 with the company valued at 25Cr. It’s purely due to the support of our channel partners. Before the closing of this financial year, we shall expand our offline network to 60 distributors reaching out to more than 8000 dealers. More sales are expected to come from export avenues.

our-family-started-a-936k-year-business-selling-home-kitchenware-products-mumbai

47. Start a carpet cleaning service

One of the most common household decorative items is a floor carpet. Carpets are extensively used in commercial and residential spaces to provide an aesthetic look. The increased use of carpets has influenced the demand for carpet cleaning services.

If you are starting a carpet cleaning company, you will need quality equipment and an on-point marketing strategy to stand out from the competition. You will be challenged by managing customer quoting, invoicing, allocating labor, and collecting payments. Therefore, invest in the right software for managing business operations and tracking invoicing.

How Much Can You Make?
$250,000/month
Average Initial Investment
$23
Time To Revenue
240 days
Skills
Business model

Case Study

In 2005, Rachael Flanagan founded Mrs Buckét, a business providing industrial cleaning services.

They operate a commercial cleaning company that has won numerous awards. They provide commercial cleaning services and facilities to companies in the public and private sectors.

Mrs Buckét offers commercial building services to facilities in south Wales and Bristol for prestige car showrooms, offices, manufacturing & educational institutions.

When she started out, Rachael was only 18 years old, and she had just £20, which she used to buy a hoover and flyers.

article

Read the full story on startups.co.uk ➜

48. Start a welding and fabrication business

The fabrication and welding business entails joining metals and creating decent products such as doors, windows, trailers, and even auto body parts. Starting your welding and fabrication business can be a brilliant idea if you are a welder. Research the different niches within the metal fabrication industry and choose a profitable one. Some options to consider include the following:

  • Fabrication of heavy stainless steel
  • Aluminum welding
  • Steel fabrication
  • Underwater welding and fabrication
  • Trailer manufacturing
  • Garage door design and fabrication

Once you have settled on the best welding and fabrication business, fill out all legal formalities for starting a welding and fabrication business, and get business insurance to protect you from any uncertainties.

49. Start a construction equipment rentals company

Construction equipment rental can be a profitable business idea, and the need for equipment rental has grown over the last few years. With the increased cost of construction equipment, renting has been a solution for many businesses. Especially new startups in the construction industry are opting for equipment rentals instead of purchasing as this is more cost-effective.

If you are starting a tools and equipment rental business, study the market and find which type of construction equipment gets more demand. Focus on regions where you will have more customers and less competition. Offering quality service will attract repeat business and more referrals.

50. Start an american food restaurant

How Much Can You Make?
$61,650,000/month
Skills

Case Study
  • Daniel Meyer established Shake Shack in 2004. When it started, he used to just sell hot dogs from a cart in Madison Square Park.

  • Meyer has gradually transformed the hotdog cart into a kiosk-style restaurant that serves gourmet burgers, hot dogs, milkshakes, and crinkle-cut french fries.

  • In less than 20 years, Shake Shack has grown from a single hot dog stand to a global fast food chain with over 270 locations.

  • Shake Shack offers a lively & fun community hangout place with wide appeal thanks to its fresh, high-quality, and delicious food at an incredible price.

article

Read the full story on successstory.com ➜

51. Start a soda production business

How Much Can You Make?
$25,000 — $200,000,000/month
Skills

Case Study

Hello, I’m Vasa Martinez and I’m the founder of Perfy, a low-sugar soda enhanced with nootropics and adaptogens and up to 90% less sugar than traditional soda.

We're about to break $75k without any ad spend. This is across marketplaces, our website, and retail. We aren't pushing until this next production run, where we tweaked our label to better serve us on the shelf.

how-i-leveraged-nfts-to-build-my-low-sugar-soda-brand

52. Start an organic food store

Organic food stores stock fresh or processed food produced through organic farming methods. Healthy food restaurants and health-conscious individuals are some target customers regarding healthy organic food.

If you plan to start an organic food store, focus on providing the customers freshest, organically grown produce. Starting an organic food store is a great way to make money while helping the environment. Organic food stores are becoming increasingly popular, especially with people who want to eat healthily but don't have time to cook. If you're looking for a business idea that will allow you to make money and help people simultaneously, starting an organic food store could be the perfect fit for you!

Organic food stores are so popular because they offer fresh produce that has not been treated with chemicals or pesticides, which means they're much safer than the produce found at your local grocery store.

How Much Can You Make?
Time To Revenue
240 days
Skills
Business model

Case Study

Hi all! My name is Andrea and I’m the founder of Golden Root. I manufacture and sell a caffeine-free Turmeric Latte Mix in Denver, CO.

Currently, I sell Golden Root online from my e-commerce site and to over 50 coffee shops nationwide. After a very eventful and strong finish to 2018, Golden Root is making an average of $4k/mo.

how-andrea-slinde-launched-her-own-organic-food-startup

53. Start an aquarium house business

The aquarium business stocks a variety of home aquariums and supplies, along with a varied stock of freshwater and saltwater fish. Also, an aquarium business offers system startup and maintenance.

Starting an aquarium is a very profitable retail business. Luckily, starting an aquarium business in metropolitan cities is very easy. To start an aquarium business, write a plan and find an ideal commercial space for the company.

Before launching the ornamental fish business, you should know how big the market is, conduct a competition analysis to determine who you are against, and craft a competitive strategy.

How Much Can You Make?
Average Initial Investment
$1
Skills

Case Study

Hi! My name is Larry McGee, and I own a company called Aquatic Designs, Inc. I design, sell, install, and maintain fish aquariums in restaurants, hospitals, medical offices, and any other business imaginable. I service aquariums in the central Arkansas area and travel the state doing aquarium system repair at big box pet stores.

Triple 200 Gallon Aquariums in a Restaurant/See behind the wall of these tanks

how-i-bought-my-friends-business-for-2500-and-grew-it-to-100k-year

Article Sources:

  1. Warehouse Industry Analysis - Market Trends, Size, Growth, and Forecast Market Analysis at Technavio
  2. Warehousing and Storage: NAICS 493 at BLS.gov
  3. WAREHOUSING & STORAGE at Data USA

54. Start a leasing for manufacturing business

Average Initial Investment
$50,000
Skills

55. Start a recording studio business

56. Start a martial art school

The martial arts school is a business idea that teaches various martial arts styles and techniques to students of all ages and skill levels. Martial art includes karate, taekwondo, judo, boxing, and Brazilian jiu-jitsu, among others.

To start this business, you will need a space to hold classes, such as a gym or studio. You will also need to hire instructors or be an instructor yourself with knowledge and experience in the martial art(s) you plan to teach. Depending on your martial art style, you may also need to purchase equipment, such as mats, gloves, and pads.

To operate this business successfully, you must market your school to potential students through social media, word of mouth, or local advertisements. You will also need to keep your instructors updated on the latest techniques and trends in the martial art industry and ensure that they provide students with a safe and welcoming environment.

In addition to offering classes, you could host tournaments or events, such as belt testing or sparring tournaments, to provide additional opportunities for students to showcase their skills and progress. Providing a variety of classes and events will help keep students engaged and interested in your martial art school.

57. Start an air freshener producer

58. Start a monogram business

59. Start a horse breeding business

Time To Revenue
300 days
Skills

60. Start a doggy day care

A Doggy Daycare is where dogs can be taken care of while their owners are at work or school. A dog daycare center is a place where dogs can play with other dogs.

If you have a lot of time and are passionate about animals, Starting a dog daycare service is another great way of making money from home. A dog daycare service might interest you if you’ve ever taken care of other people’s pets!

You can charge people interested in having their dogs looked after while they are away from home or busy with work. It could be worth it if you enjoy interacting with pets and helping people look after them properly.

Your income as a dog daycare owner depends on where you live, your demographic, and your costs as a dog daycare owner you can earn anywhere from $30,000 to over $100,000 a year before taxes.

61. Start a poultry feed mill

The poultry farming industry is one of the fastest-growing agricultural segments today. The survival and profitability of poultry farming depend on access to quality chicken feeds.

Starting the poultry feed processing business consists of receiving raw materials, crushing, compounding, mixing, granulating, and packaging the finished product.

To start the poultry feed processing business, you need feed formulation skills. You may hire experienced personnel or attend training so you are equipped with poultry feed formulation.

62. Start a beef jerky business

63. Start an art exhibition center

64. Start a sports consignment business

65. Start a mini trade fair business

Starting a mini trade fair business can be a great way to tap into the lucrative world of trade shows and exhibitions. This type of business involves organizing and hosting small-scale events that allow businesses to showcase and sell their products or services to a targeted audience.

To get started, you’ll need a few key things. Firstly, you’ll need to identify a location for your mini-trade fair. This could be a convention center, hotel, or large warehouse. You’ll also need to secure the necessary permits and licenses to host your event, which will vary depending on your location.

Next, you’ll need to start recruiting businesses to participate in your event. This can be done through online and offline marketing, such as social media advertising, email marketing, and networking events. You’ll need to establish your target audience and choose businesses that appeal to them.

Once you have a solid roster of participants, you’ll need to start organizing the logistics of your event. This will involve everything from setting up the layout and design of your event space to coordinating catering and entertainment. You’ll also need to consider additional services you might offer, such as on-site childcare or shuttle services for attendees.

Running a mini trade fair can be a lot of work, but it can also be extremely rewarding. With the right planning and execution, you can create a successful event that provides value for businesses and attendees.

66. Start a film set rental business

67. Start a bowling alley business

Average Initial Investment
$50,000
Skills
Business model

68. Start an insecticide producer

69. Start a barber school

70. Start a leasing for tire re-threading or recycling business

71. Start a cold storage business

72. Start a leasing to a distribution business

73. Become a belt manufacturer

74. Start a bounce house business

The bounce house business provides inflatable structures for parties and events. These structures, also known as bounce houses, are designed to provide a fun and safe space for children to play and have a good time.

To start this business, you must invest in a few bounce houses, a reliable transportation method to transport them to events, and insurance to cover any accidents or injuries. You must also market your business and reach out to potential clients to book events.

To operate this business successfully, you must ensure that your bounce houses are well-maintained, clean, and safe. You should also be reliable and provide excellent customer service to build a good reputation in the community.

75. Start an organize sale business

76. Start a tattoo removal business

77. Start a hair styling training center

78. Start a news stand business

How Much Can You Make?
$3,333,333/month
Skills

Case Study

Daniella Pierson is the Founder and CEO of The Newsette, a women-focused newsletter she founded at the age of 19 while still in university. Forbes just tagged her as United States’ one of the richest women of color.

In the initial days, Daniella used to distribute flyers on campus and portrayed herself as a corporate intern due to her lack of confidence in her work as a creative.

To start Newsette, she borrowed $15,000 from her parents to pay for various services, such as a mailing platform and an illustrator to add color to the newsletter.

The founder managed to secure the newsletter's first 15,000 subscribers by stalking her contacts' Facebook friends and acquaintances and offered them roles as newsletter ambassadors, which granted them a couple of additional lines on their resumes if they could attract 10 new subscribers.

Daniella suffers from ADHD, OCD, and depression and to raise awareness about mental health issues she co-founded the mental health startup, Wondermind, along with Selena Gomez and Mandy Teefey, Selena's mother. It was recently appraised at $100 million dollars.

Here is a look at how she is doing today:

  • The newsletter has over 500,000 subscribers presently
  • Revenue increased from one million dollars in 2019 to 40 million dollars in 2021
  • Based on its growth of almost 16,000% over the previous three years, The Newsette is the 16th most successful company in America

article

Listen to the full podcast on podcasts.apple.com ➜

79. Start a butcher shop

Starting a butcher business involves sourcing and procuring high-quality meats from local farms or suppliers, preparing and processing them for sale, and selling them to customers in a retail storefront or through wholesale channels. To start and run a successful butcher business, you will need a deep understanding of the different cuts of meat and how to prepare them for sale, as well as excellent customer service skills and a strong business sense.

You will need to secure a location for your business, whether a physical storefront or a processing facility. You will also need to invest in equipment such as refrigerators, freezers, meat processing equipment, and tools like knives and cutting boards. You will need to obtain the necessary licenses and permits to operate your business. You may also need to seek insurance coverage to protect your business against potential liability.

Marketing your business is also crucial to success, whether through online channels, social media, or traditional marketing methods. Building relationships with local farms and suppliers can also be beneficial, as well as developing partnerships with restaurants and other food-based businesses.

Running a butcher business requires dedication, hard work, and a passion for quality meats. With the right planning and execution, however, it can be a rewarding and successful venture.

80. Start a plant nursery shop

Starting a plant nursery shop can be a rewarding and lucrative business opportunity for anyone passionate about plants and gardening. A plant nursery shop is a retail store that sells various plants, including annuals, perennials, trees, shrubs, and herbs.

To start a plant nursery shop, you’ll need a physical location to sell your plants. This can be a standalone store or a small corner of a larger retail space. You’ll also need to understand the different types of plants and how to care for them. This includes knowing which plants best suit various climates and how to properly water and fertilize them.

One of the key elements of running a successful plant nursery shop is having a diverse selection of plants that appeal to a wide range of customers. This might include popular annuals like petunias and marigolds and more unusual specimens like orchids and bromeliads. You should also have a good selection of pots and other gardening supplies to help customers take care of their plants once they get them home.

To start a plant nursery shop, you’ll need to invest in essential equipment, such as pots, trays, and other supplies. You may also need to hire a small staff to help you manage the business’s day-to-day operations. This can include sales associates, gardeners, and other experts who can help customers find the right plants for their needs.

Running a plant nursery shop can be a rewarding and fulfilling business opportunity for anyone with a love of plants and gardening. With the right location, selection, and staff, you can create a thriving business that brings joy to your customers and profits to your bottom line.

Time To Revenue
270 days
Skills
Business model

81. Start an ice cream shop

Starting an ice cream shop can be a fun and rewarding business idea. Whether you're looking to open a small shop in your local neighborhood or a larger franchise, there are a few key things you'll need to consider when starting your ice cream shop.

First and foremost, you’ll need to decide on the type of ice cream you want to serve. There are many different flavors and styles, ranging from traditional vanilla and chocolate to more exotic flavors like mango and green tea. You’ll also need to consider whether you want to offer both soft, hard, or a combination.

Next, you’ll need to find a location for your shop. Look for a location with high foot traffic and good visibility, such as a busy street corner or a shopping mall. You’ll also want to consider factors such as parking availability and competition from other ice cream shops.

Once you’ve found a location, you’ll need to purchase or lease the necessary equipment, such as ice cream makers, freezers, and cash registers. You’ll also need to stock up on supplies such as cups, cones, spoons, and napkins.

To run your ice cream shop successfully, you'll need a strong marketing strategy. This can include advertising through social media, local newspapers, and flyers and offering special promotions and discounts to attract customers. You’ll also need to hire and train employees to serve customers and handle transactions.

Starting an ice cream shop can be a fun and rewarding business venture as long as you have a clear business plan and are prepared to put in the hard work and dedication required to make it a success.

82. Start a ladies garment shop

83. Start a fruits store

Starting a fruit store can be a rewarding and lucrative business idea for those who love working with fresh produce and helping customers lead healthier lives. As a fruit store owner, you will be responsible for sourcing and selling fresh fruits and vegetables to your customers.

To start a fruit store, you must secure a physical location with adequate space to store and display your products. This may be a standalone store or a kiosk within a larger retail space. You will also need to secure a reliable source of fresh produce to sell, which may involve working with local farmers or wholesalers.

In addition to sourcing and selling fruits and vegetables, you may also consider offering other related products, such as smoothies, juices, and prepared fruit salads. To run your fruit store successfully, you will need to have excellent customer service skills and be able to keep track of inventory and pricing.

Marketing and advertising your fruit store will also be crucial to attracting and retaining customers. This may involve creating social media profiles, running promotions, and participating in local events and farmer’s markets.

Starting a fruit store can be a challenging but rewarding business venture. With the proper planning and execution, you can build a successful fruit store that helps your customers lead healthier, happier lives.

How Much Can You Make?
Skills

Case Study
  • Shannon Houchin started a roadside produce stand, Roadside Republic, mainly selling fresh produce.
  • Houchin earns $1000 on weekends while only flipping peaches. Occasionally, she earns up to $3000 over the weekend selling fresh fruits and veggies.
  • Finding a busy parking lot or a convenience store for her stand is one of the main aspects of this business. Shannon claimed that she has always paid a base rate of $25 per day for putting up her stand.

article

Read the full article on sidehustlenation.com ➜

84. Start a pizza store

The global pizza market share is expected to reach $5138 Billion, and the market growth momentum will accelerate at a CAGR of 6.11%. One of the key factors driving growth in the pizza markets is the availability of innovative and exotic flavored pizzas, which drives are more prominent among the millennials.

Moreover, the growing desire for convenience foods and customization of food products will facilitate the pizza market growth. Therefore, starting a pizza store in 2023 can be a profitable business venture. To start, find an attractive location where your business will be visible to customers.

85. Start a toys store

Starting a toy store can be a fun and rewarding business opportunity for anyone looking to tap into the lucrative toy industry. The business involves sourcing and selling a wide range of toys and games for children of all ages. This could include everything from classic board games and dolls to the latest electronic gadgets and tech toys.

To start a toy store, you will need to do market research to identify what toys are prevalent in your area and what age groups you will target.

You will also need to secure a physical location for your store, whether a standalone shop or a space within a shopping mall. You will also need to stock your store with a wide range of products and decide on a pricing strategy to attract customers while allowing you to profit.

Running a toy store involves a lot of customer interaction, so excellent customer service skills are necessary. You will also need good business management skills to handle inventory, pricing, and sales.

Marketing your store through social media and local advertising can also help bring in customers and drive sales.

Starting a toy store can be a fun and rewarding business opportunity for anyone with a passion for toys and a desire to bring joy to children. With the proper planning and execution, you can turn your toy store into a thriving business.

86. Start a Xerox Store

Starting a Xerox store can be a lucrative and rewarding business opportunity for entrepreneurs looking to enter the printing and document solutions industry. This business provides various services, including printing, copying, scanning, and document management.

To start a Xerox store, you’ll need a good location that is easily accessible to your target customers. You’ll also need to invest in high-quality Xerox equipment, including printers, copiers, and scanners. In addition, you’ll need to have a strong marketing and sales strategy to attract new customers and retain existing ones. Running a successful Xerox store also involves providing excellent customer service and building client relationships.

You’ll need to be knowledgeable about the various products and services you offer and be able to troubleshoot any issues that may arise. It would help if you were proactive in staying up-to-date with industry trends and advancements to provide the best solutions to your customers.

Overall, starting a Xerox store requires a combination of business savvy, technical expertise, and excellent customer service skills. You can build a successful business in this exciting and growing industry with the right approach and dedication.

87. Start a departmental store

88. Start a crockery store

89. Start a hydroponic store

90. Start a fuel station business

91. Start a tyre store

92. Start a two-wheeler showroom

93. Start a fabric store

Starting a fabric store can be a rewarding and lucrative business idea for those passionate about fabrics, textiles, and creativity. The key to success in this industry is sourcing high-quality fabrics at competitive prices and offering a wide selection to your customers.

To start a fabric store, you must invest in inventory, including various fabrics in different colors, patterns, and materials. You will also need to rent or purchase a retail space and furnish it with tables, shelves, and display racks to showcase your products. You may also need to invest in a point-of-sale system and online platform to manage orders and transactions.

In addition to managing your inventory and sales, it is important to focus on customer service and building a loyal customer base. This can be achieved by offering personalized assistance to customers, hosting sewing workshops or classes, and staying up-to-date with the latest trends and techniques in the fabric industry.

A fabric store requires creativity, business acumen, and customer service skills. You can build a successful and fulfilling business in this vibrant and creative industry with the right approach and dedication.

94. Start a liquor shop

95. Start an used book store

Starting a used book store may seem quaint and outdated in today’s digital age, but it can be a thriving and lucrative business.

For bibliophiles and avid readers, a used book store offers a treasure trove of pre-loved books at affordable prices. Not only do customers get to add to their libraries, but they also get to support sustainable practices by giving these books a second life.

A used book store can also serve as a community hub, providing a space for book clubs, readings, and other literary events. So why not dust off the old business plan and open the doors to your used book emporium?

96. Start a gadget accessory store

97. Start a workwear retailer business

98. Start an artist community center

99. Start a landscape equipment center

100. Start an indoor shopping mall

Pat Walls,  Founder of Starter Story
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Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

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