i'll be honest, i'd say NO personally. based on my experience.
just creating vinyl graphics ALONE for shirts and jerseys is not enough to make a living.
you need to add screen printing in your arsenal (and embroidery).
i have vinyl and screen printing. this time of the year is the busiest for my screen printing up to fall season (average for me is at least 2-3 orders per week, amounting to $1,000 to $1,600). i know this amount to some of us here is just a penny.
then fall season is where i get a little busy with vinyl cutting because of this soccer tournaments in my area. i get at least 6 teams for names a numbers regularly (amounting to about $1,200). but that's it for vinyl. the good thing about having a cutter is you can also do vinyl signages for cars, store fronts, and banners. so that kind of services I offer to. car vinyls average $200 to $300 depending on what your customer wants. i get customers to put their business names at the back of their SUVs or on the side. easy and simple. outdoor banners signages averages from $300 to $500 depending on how big. that too supplements the income.
overall, that's just one market for me. offering printing service. i have not explored selling online yet but that's on the process (creating artwork, printing on a shirt, labelling it as your own brand, etc.). i have high hopes for this online thing. i'll find out.
the bottom line, you can't just stick with vinyl cutting alone. you need to add more and more service as you can. and marketing is also very very crucial. you need to let people know that you are there so you need to set aside a budget for that.... put once in a while ad in the newspaper. post on craiglist.... and make your website more searchable.
