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I have seen many sucessful professional watchmakers around the Atlanta area with the same setup that you have. Basically an eye loupe, a set of screwdrivers, cleaning machine, watch timing machine, case opener, #5 tweezers, #2 tweezers and a bench with a mat. Most of the expensive tools are geared more toward making parts and many watchmakers prefer to replace broken parts with parts that are ordered from supply houses. It is certainly a more profitable way to go. I like the fact that you have jumped in on wrist watches.