2 Gear Retail Store Success Stories [2024]
Considering opening a gear retail store? This type of business focuses on selling essential equipment and apparel for various activities, such as outdoor adventures, sports, and hobbies.
A gear retail store enables enthusiasts to find everything they need in one place, whether they're into hiking, camping, cycling, or fishing. It involves sourcing reliable and high-quality products, building relationships with trusted suppliers, and creating an inviting in-store or online shopping experience.
Starting a gear retail store demands dedication and a passion for the activities you cater to. There’s hard work involved in initial market research, inventory management, and consistent customer service. However, the rewards can be substantial as you help customers gear up for their next big adventure.
If you’re eager to combine business with a personal passion for the outdoors or sports, a gear retail store could offer both fulfillment and financial opportunity, making it an attractive idea to explore further.
In this list, you'll find real-world gear retail store success stories and very profitable examples of starting a gear retail store that makes money.
1. Knee Deep Limited LLC ($480K/year)
Garret "Buddy" Lamp and Taylor "Earl" Nees co-founded Muff Waders after Earl woke up to find a drawing he made during a night out back in 2017. Initially shared as a joke, they saw potential and now average $3,600 in sales per month, featuring a six-pack cooler in the bibs.
How much money it makes: $480K/year
How much did it cost to start: $34K
How many people on the team: 0
Muff Waders is a fun yet practical product that combines bibs for working outdoors with additional features such as insulated coolers, concealed pockets and a bottle opener; since launching in September 2019, they have been averaging $3,600 a month in sales.
2. 37413 Gear ($6K/year)
Corey Rust, the founder of 37413 Gear, was inspired to start his business after the passing of his friend and Portland Police Officer, Jack Blazer. Wanting to honor Jack's memory and support the law enforcement community, Corey created a brand that sells minimalist-designed t-shirts and accessories. With limited marketing efforts, the business has already seen some sales within its first week of launch.
How much money it makes: $6K/year
How many people on the team: 1
37413 Gear is a new online store that was created to honor a former Portland Police officer and to raise funds for the law enforcement community in partnership with the Thin Blue Line Foundation.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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