Industry Analysis & Industry Trends
The BBQ and Outdoor Cooking Stores industry has been rekindled over the past five years by rising new household formation and growth in per capita disposable income, which has revived discretionary purchases on outdoor cooking equipment such as barbecues, smokers and related accessories. In the coming years, these trends are set to continue, keeping demand for industry products high.... purchase to read more
Industry Report - Starting a New Business Chapter
The BBQ and Outdoor Cooking Stores industry has moderate barriers to entry for prospective operators. While there are no licensing requirements, government regulations or resource constraints that prevent firms from entering the industry, investment costs and high competition can be potential barriers. The initial cost of establishing retail outlets and purchasing inventory can be substantial for potential industry entrants. Since most operators already carry an extensive range of products, new entrants must find a niche market or incur a considerable first-time inventory purchase cost to meet consumer demand and remain sustainable.
Further, the pre-existence of distribution networks between operators and suppliers may discourage some firms from entering the industry... purchase to read more