Profit Potential of a Cabinet Making Business
A cabinet making business can earn significant profit. Making five cabinets daily, a custom cabinet business could bring in $2,500 to $6,000. Making 2,000 stock cabinets daily, a large company might earn $12,000 to $24,000.
Target Market and Pricing
The target market for a cabinet making business is contractors, home builders, interior designers, and architects. Property owners ultimately pay for cabinets. These professionals recommend cabinet makers. With new buildings and remodels, demand is strong and steady. Cabinet prices often use “linear foot.” Stock cabinets cost $60-$200 per foot.
Starting a Cabinet Business
If starting a cabinet business, decide what kind of cabinets to sell. Cabinet makers producing high-quality, customizable cabinets will likely be the most successful and profitable. When marketing cabinets, understand your target audience and what they want in cabinets. Tailor marketing efforts accordingly.
Skills and Earnings
Cabinetmakers earn $22,059 to $49,633 yearly. Jobs are abundant in California with wages of $39,110. Building kitchen cabinets requires basic woodworking knowledge, precise measurements, and certain tools.
Cabinet Making as a Career
To earn a living in cabinetmaking, operate a profitable workshop or join a professional workshop. Annual salaries range from $18,000-$60,000 for the self-employed and $39,037-$72,000 for company workers. Demand for cabinet makers will grow 10% in coming years. Cabinet making can be great for those who like working creatively with their hands. Early legal decisions impact taxes, regulations and liability.