How much money can I make selling fireworks?
That might be what you’re wondering as you consider whether to start a seasonal tent or store. So, let’s go over the realistic expectations of how much you can earn selling fireworks.
How Much Money Can I Make? Have Reasonable Expectations
It depends on a variety of circumstances, but most new sellers should focus on the long game. Like any legitimate retail business, this is a not get-rich-quick scheme.
While you could make over $100,000 a year selling fireworks, it’s less likely that you’ll get to that level your first year doing it. That seasoned fireworks sales veteran didn’t just open his first tent last week.
Fireworks can be very profitable, but don’t plan on making a bunch of money right out the gate. Your initial concern should be to build the foundation of your business properly, with the aim of scaling it more later. This means building and then reinvesting for the next cycle since we’re not in a traditional, year-round business.
The goal should be to finish strong, but focus on the next 4th of July, which, of course, requires patience and discipline. There is plenty of potential for money in fireworks, but probably not in the beginning. So, don’t become discouraged when you don’t strike it big immediately like some of the fireworks influencers on the web.
Fireworks as a Side Hustle
Fireworks can be a terrific side hustle if you focus on a long-term plan. We’re in a mature business at the moment, which means there are lots of folks who will retire soon. Therefore, if you’re young, energetic, and willing to work, then there’s ample opportunity to grow a business.
Your first year, the primary objective is to pay your bills and recoup the initial costs. If you make any profit, please reinvest it. Leaving aside the tax obligations, your $5,000 in profits could help you build toward $15,000 the next year and multiply it even more down the road. This is all contingent upon patience and not spending what little you make early in business.
Educate Yourself on All Cost Components
Finally, and it should go without saying, that you’ll have to practice careful accounting, which is true of running any business. It may help to review one of our older posts on the cost of fireworks.
While we wrote that one to fit a consumer perspective, sellers should also acclimate themselves to the typical market value of items like firecrackers, 500g fountains, and everything else. It’s always possible to find decent wholesale promotions, and you’ll be able to spot those better once you’ve gotten a few seasons under your belt. Just like any other business, it may take a year or two to truly master cost management and know what to expect.
How Much Money Can I Make? Learn More with the Pros from Black Cat Fireworks
One of the best things you can do is partner with the most recognized fireworks brand if you want to enjoy success quicker. There’s no guarantee of anything, but Black Cat Fireworks can help you start a side hustle that you can scale into a full source of revenue within a few years. This is what we do when we work with affiliate sellers, wholesalers, distributors, and more.
Black Cat Fireworks has been around since 1952, having made a name for ourselves all across America. We’re the go-to fireworks resource every year around 4th of July. Plus, we can’t wait to help you start a new fireworks retail location in your community.
Hopefully, this answers the question of “how much money can I make,” but feel free to contact us for more information on what to expect in your area.