Business Idea

Start A Bbq Tools Business

About

Starting a BBQ tools business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell bbq tools, or selling bbq tools online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a BBQ tools business ➜

Key stats

market size
$5.2B
revenue (monthly)
$145K
starting costs
$27.1K
gross margin
35%
avg product price
$175
time to build
8 months
growth
Email marketing
business model
E-Commerce
time investment
Full time

About

Starting a BBQ tools business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell bbq tools, or selling bbq tools online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a BBQ tools business ➜

Key stats

market size
$5.2B
revenue (monthly)
$145K
starting costs
$27.1K
gross margin
35%
avg product price
$175

 

time to build
8 months
growth
Email marketing
business model
E-Commerce
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Employee & Freelancer Expenses $151 $352
Website Costs $223 $7,215
Business Formation Fees $600 $4,700
Equipment & Supply Expenses $66 $700
Retail Business Expenses $1,250 $11,650
Inventory Expenses $350 $14,750
Software Expenses $150 $2,470
Advertising & Marketing Costs $75 $5,286
Total Startup Costs $2,865 $54,123

Successful Businesses

Business URL Rank
BBQGuys bbqguys.com #23,562
Blackstone Products blackstoneproducts.com #126,103
Gas Grills, Outdoor Kitchens & Supply Store bbqgalore.com #147,788
Blaze Grills blazegrills.com #151,741
Lamson lamsonproducts.com #330,698
Kick Ass Grills kickassgrills.com #373,864
PK Grills Charcoal Grill and Smoker pkgrills.com #451,227
Lynx Grills lynxgrills.com #477,367
Wholesale Gifts. Buy Wholesale Products Direct From Distributor mitechtrading.com #566,175
Mr. Bar-B-Q mrbarbq.com #589,753
Atlanta Grill Company atlantagrillcompany.com #595,608

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Unlimited income potential With starting a BBQ tools business there is no cap as to how much income you can make. The stronger your business skills and the more energy/time you put into your career, the more you'll make.
Predictable income stream Your businesses income stream tends to be predictable based on the number of customers you have signed up. This makes financial planning and outlooks much more seamless!
Higher likelihood of getting referrals This business is all about referrals, which can be a a very impactful way to attract and retain customers. It's critical that you have a great referral program in place that incentivizes your customers to tell their friends about your product.
Location is everything! When operating a physical storefront, the location often speaks for itself and serves as it's very own marketing tool! It's important to choose a location in a high traffic area so you can spark curiosity and get people through your door!
Simple business model A BBQ tools business has the advantage of a simple business model, which makes launching and building the business more seamless.
Cons Description
Low margins The gross margins for your BBQ tools business are typically around 35%, which can make it more challenging to incur new expenses and maintain profitability.
Taxes As a BBQ tools business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
Niche Market A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience.
High overhead expenses With starting a BBQ tools business, there are overhead expenses that come with selling a physical product. You will want to make sure you strategically budget for these overhead costs. We discuss this more in the startup costs section below.
You may need to charge sales tax If you are selling your products in various states, you may be required to charge sales tax. Although this may not impact your financials specifically, it can be a headache to create a process and procedure for this. To learn more about sales tax, check out [this article](https://www.thebalancesmb.com/do-i-need-to-collect-sales-taxes-in-my-state-398913)
Churn In this business, customers can cancel their membership or subscription for your services - which can make revenue forecasting challenging and unpredictable. It's important to focus on your churn rates and trends so that you can prevent this as much as possible.

Marketing Ideas

  • 1

    Direct Sales

    Direct sales strategy implies a direct contact between a seller and a consumer without the involvement of any third party. Direct selling is popular in sectors where sellers communicate with their clientele personally. The sales technique occurs at non-store locations which include at home, work, or online.

    For direct selling to succeed, hire a few (or many) salespeople to support the sales conversion process. It's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

  • 2

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

  • 3

    Social Media Advertising

    Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.

    According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.

    Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.