First furniture business venture!

I think you will do quite well once you find your market niche. My truck driving instructor once pointed out a small wood shop in Texas that made tables from the slabs of huge tree trunks. Each one was a unique creation and sold for around $900. They had a waiting list of wealthy customers lined up to buy each custom made table. The shop was about an hour from Dallas. Another plus is that they weren't rushed to produce the tables, since they were like works of art. That "waiting list" mystique probably helped drive up the price as well.