Antique Business Success Stories [2024]
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.
In this list, you'll find real-world antique business success stories and very profitable examples of starting a antique business that makes money.
1. Hoosierboy Restorations LLC ($180K/year)
In 2013, after working in education and information technologies for 25 years, the founder decided to cash out his 401K savings to start Hoosierboy Restorations, a company specializing in restoring antiques and antique toys. Inspired by a TV show about restoration, he blindly jumped into the business with a small garage and quickly outgrew the space, expanding to a 2200 sq.ft. facility. Today, 7 years later, the business has restored over 700 projects and attracts customers through regular website updates, Google My Business and Maps, monthly email blasts, open communication channels, project management software, and active social media presence. Despite the recent health crisis, the long-term future looks bright, especially with a target market of baby boomers with high disposable income. Along the journey, the founder learned the importance of communication, organization, and financial bookkeeping for business success.
How much money it makes: $180K/year
How many people on the team: 4
How a former educator built a successful antique restoration business from scratch, growing from a 2-car garage to a 2200 sq. ft. space over seven years, thanks to communication skills, dedication to organization, regular website updates, and utilization of Google My Business and Maps.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
