Startup Costs: $10,000 - $50,000
Franchises Available? Yes
Online Operation? No
Millions of people enjoy creating art as a hobby. It is a great way to be creative and reduce stress. All of these people require art supplies to be able to enjoy their hobbies, and this fact creates a terrific opportunity for a startup art supplies retail store. The store does not have to be large, just well stocked with all the popular art supplies. You can also conduct painting and sculpting classes at night to earn extra income. The investment required to start an art supply store will be in the range of $25,000. However, the profit potential is very good as art supplies are often marked up 100 percent or more. Furthermore, you may also want to occasionally take the business mobile and deliver art supplies to elderly homes and care facilities, as it can often be difficult for these people to get out and pick up supplies for their art projects.