If you purchased your sawmill brand new, it is worth setting aside anywhere from $1000 – $1500 just for maintenance costs annually, though you should budget about double that amount if you purchased used. A brand new, high-quality mill can cost anywhere from $20,000 – $50,000, whereas a used sawmill can be significantly lower, often from $15,000 – $20,000. Unlike vehicles, however, which only depreciate in value the moment you purchase one, a sawmill is a tool at its core and will make you money in the short and long term. Just like buying a vehicle, you can save a reasonable amount of money by purchasing a quality sawmill used instead of brand new. Sawmills can be expensive, but there are ways to help offset the costs that can help your sawmill business become profitable sooner than it would be otherwise. These mills are some of the best products on the market and they require relatively little maintenance as long as you take care of them along the way, similar to any other tool or machine. Woodmizer makes some of the most popular sawmills out there, and for good reason. When it comes to sawmills, there are several high-quality options available, but many experts agree that the gold standard of milling lumber is Woodmizer. Take a look at the following tips to ensure that you give yourself the best chance of success before you jump headfirst into the woodworking and sawmill business.Īs anyone who works with wood will tell you, one of the most important things to invest in is your tools. To succeed in any business, you need to go into it with the right plan and objectives. For many, getting into the sawmill and woodworking business is a labor of love, and those are the people who are most likely to make a significant amount of money because the enjoyment of the work will be there, which prevents burnout and allows them to develop the business to its full potential.Įarning $1,000,000 per year in the sawmill business is more than just a matter of enjoying the work. Owning a sawmill can be a big earner, but it takes a lot of work to operate to its fullest capacity. There will be highs and lows in any business, and if profit is the only objective then owners will be unable to be satisfied with their work during those low moments. However, it’s worth keeping in mind that building a business with only profit in mind is not sustainable in the long term. It’s true that owning a sawmill can be a very lucrative business venture, and in the right circumstances it is not only possible but very likely to earn you a significant profit on a regular basis. Can you Make $1,000,000 a Year in the Sawmill Business?Īs is the case with any business, people like to ask if it’s possible to make $1,000,000 per year in the sawmill business.
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