Q: Dr. BBQ,
I’m in the process of opening a gourmet specialty sauces store in Lincoln, Nebraska. I’m targeting only sauces that have won major awards: Scovie Awards, National BBQ Assoc., Kansas City BBQ Assoc., etc. What is the success rate of stores like this? It seems that the market here in Nebraska has grown in the last three years.
A: Hi Michael,
I really don’t have any statistics on the success rate of such a store but I do know that BBQ and Fiery products are a booming business. My advice would be the same to any new business. Have a good plan, enough capitol to get you along for a while, and work hard at what you’re doing. Last but not least, be nice to people. That seems to be pretty good advice any time. I wish you all the best in your new venture.