Flipping furniture is surprisingly profitable . In fact, you could make a full-time income no problem if you put the time in to learn the business. Unfortunately, most Furniture Flippers don’t make great money. It’s not because they don’t want to, but because they aren’t sure how!
One of the ways I’ve made some extra money over the last few years is by upcycling old furniture and then reselling it. Sometimes I go and look for furniture and other times I just come across something that someone’s throwing out, but I always look for solid wood, well made pieces, no matter what state they’re in!
Flea Markets and Swap Shops If you’re looking to start your own business selling refurbished furniture , renting a booth at a flea market or swap shop may be the best way to go.
Upcycling as a Business Upcycling involves taking waste materials and giving them a new life, think about all the money you will save by using items you were going to get rid of rather than buying materials. Using waste materials and selling the results reduces landfill and saves you money .
The average homeowner pays $594 or between $330 and $877 to refinish a piece of furniture . Depending on the type of item and its condition, that price can be as low as $100 or over $1,000. Some projects for large objects like a dresser in poor condition can even go up to $2,000.
When you’re painting furniture to sell, it’s good practice to keep things neutral for the most part. This goes in line with the previous tip. You’re going to have a larger market if you paint a dresser white or a pretty gray color, rather than if you paint it bright purple.
If your goal is to sell something quickly , here are your five best options for used furniture marketplaces: Apartment Therapy Marketplace. Craigslist. Facebook Marketplace. LetGo. OfferUp.
As with any business, the more time and effort you put in, the more money you will get out. Most furniture flippers will make anywhere between $50 to $500 per month but some of the best have been reported to make over $15,000 per month with this hobby turned business.
But to make a decent profit in selling refinished or painted furniture , you have to buy inexpensive pieces to makeover. Buying a piece for $150, spending $30 in materials and then 5 hours of labor on it only to sell it for $250 just doesn’t make business sense.
Clean. Any refinishing furniture DIY starts with basic cleaning. Examine. Take an overall assessment of the piece and determine if it needs any repairs. Remove the Old Finish. Sanding. Chemical Stripper. Seal the Wood. Stain or Paint. Apply Finish.
How To Restore Old Wooden Furniture Old pieces of wood furniture can find new life with a little patience and a coat of oil paint or wood stain. All remaining paint must be removed from any old wooden furniture pieces before moving on to the finishing process. After removing all paint, smooth the surface of the piece using sand paper or steel wool.
LIST OF THE MOST PROFITABLE FURNITURE TO BUILD AND SELL Coffee table. see. Nightstand. see. Infant bed. see. Sideboard. see. Chair. see. Ottoman. see. Stool. see. Desk. see.
Wood Furniture Refinishing Supplies Checklist Dish soap, sponges and towels. Paint stripper. Lacquer thinner. Power sander. Sandpaper in multiple grits. Paint scrapers (plastic or metal) Epoxy putty. Wood sealant/Varnish/Polyurethane.
If you’re looking to make some money, here are 23 of the most popular wood projects that sell: Wine Rack. Drinking wine has become an enjoyable art. Jewelry Box. Wooden Cutting Board. Storage Box. 5. Box Shelves . Chessboard. Candle Holder. Phone Docking Station.