Starting a kitchen supplies store requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell kitchen supplies, or selling kitchen supplies 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 kitchen supplies store ➜
|Min Startup Costs||Max Startup Costs|
|Office Space Expenses||$10||$2,250|
|Employee & Freelancer Expenses||$0||$5,500|
|Equipment & Supply Expenses||$550||$6,000|
|Business Formation Fees||$5,600||$20,400|
|Retail Business Expenses||$1,250||$10,700|
|Food Business Expenses||$2,000||$35,000|
|Advertising & Marketing Costs||$75||$5,286|
|Restaurant Supplies & Equipment||restaurantsupply.com||#82,795|
|Mission Restaurant Supply: Great Commercial Restaurant Equipment||missionrs.com||#90,300|
|FoodServiceDirect.com – Widest Variety in Food Service!||foodservicedirect.com||#122,247|
|Kitchen Stuff Plus||kitchenstuffplus.com||#122,338|
|The Restaurant Store||therestaurantstore.com||#144,705|
|Restaurant Supplies & Commercial Kitchen Equipment||centralrestaurant.com||#161,051|
|Shop Commercial Foodservice Smallwares and Equipment||wasserstrom.com||#177,202|
|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.|
|Meaningful business connections||You never know who you will meet as a kitchen supplies store. This could be the start of an incredible business opportunity!|
|Easy to encourage "impulse buy"||In the kitchen supplies store, you have a much higher chance of encouraging your customers to buy on impulse - you can easily alter the price, placement, packaging, and promotional value to influence the decision of your buyer.|
|Pick & choose the clients you work with||Kitchen Supplies Storees have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!|
|Unlimited income potential||With starting a kitchen supplies store 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.|
|Amazing perks and discounts||Working in the kitchen supplies store comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.|
|Motivation of employees||If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.|
|Longer Sales Process||A kitchen supplies store can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.|
|Low margins||The gross margins for your kitchen supplies store are typically around 50%, which can make it more challenging to incur new expenses and maintain profitability.|
|Taxes||As a kitchen supplies store, 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.|
|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)|
You may find yourself in a spot where you're ready to hire a few (or many) salespeople to support the sales conversion process.
Regardless if you have one or thirty salespeople, it's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.
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.
Social media advertising is one of the leading ways to get the word out when it comes to kitchen supplies store.
There are various different Social Media platforms available to you. Some may be more critical for your marketing efforts than others, however, it's important to have an understanding of what's out there and available to you.