As a bit of fun last night I done a basic calculation on selling spare ribs on my smoker. It can hold 8 racks (approx 80 ribs), cost me 50p/rib and even if I sold them at £1/rib, I would only be making 25p/rib......the other 25p/rib is taken in by fuel and spices....
I was wandering how you guys who sell smoked stuff at shows etc, manage to make a profit?
Selling smoked ribs - found it wasn't worth my time
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All Weather Griller
Re: Selling smoked food - found it wasn't worth my time
I have had similiar thoughts on Time vs Effort vs Overheads vs Profit and just never bothered. I think the key is in economies of scale and yield.
A buddy of mine told me:
"You can figure on getting a yield of about 75% on butts. So, 20 uncooked pounds will yield about 15 cooked pounds. With whole chickens you only yield about 25%. So 20 pounds of uncooked chicken will yield 5 pounds of cooked chicken. Just take all of the side dishes into consideration and then plan accordingly. If you have a lot of side dishes you only need 5-7 ounces of meat per person. 3 good sized racks of ribs will feed 8-12 people
For a wedding of 100 I'm actually cooking about 27 lbs. of pork and 80 lbs. of chicken. The wedding is for 100. This will yield about 6 1/2 oz. per person."
A buddy of mine told me:
"You can figure on getting a yield of about 75% on butts. So, 20 uncooked pounds will yield about 15 cooked pounds. With whole chickens you only yield about 25%. So 20 pounds of uncooked chicken will yield 5 pounds of cooked chicken. Just take all of the side dishes into consideration and then plan accordingly. If you have a lot of side dishes you only need 5-7 ounces of meat per person. 3 good sized racks of ribs will feed 8-12 people
For a wedding of 100 I'm actually cooking about 27 lbs. of pork and 80 lbs. of chicken. The wedding is for 100. This will yield about 6 1/2 oz. per person."
Re: Selling smoked food - found it wasn't worth my time
organised events like weddings etc seem to be the way to go, unless you charge higher prices to the general public at holiday events, etc.
I was only calculating ribs and theres not much profit from them.....need to invent a rib burger, but watch your teeth on the bone:lol:
I was only calculating ribs and theres not much profit from them.....need to invent a rib burger, but watch your teeth on the bone:lol:
Re: Selling smoked food - found it wasn't worth my time
How come the ribs cost you 50p each? That's a hellish expensive price for them......even Waitrose sell racks of ribs for about £2 a go - and they are cheaper than that from my local butcher.Vic. wrote:As a bit of fun last night I done a basic calculation on selling spare ribs on my smoker. It can hold 8 racks (approx 80 ribs), cost me 50p/rib and even if I sold them at £1/rib, I would only be making 25p/rib......the other 25p/rib is taken in by fuel and spices....
I was wandering how you guys who sell smoked stuff at shows etc, manage to make a profit?
Half a rack should be 6 ribs (or 7 from the smaller end) and I'd guess you could sell that for a fiver - so you should be able to turn a £4 profit on a half rack before you take time, effort, sides, fuel and equipment amortisation into account.
Re: Selling smoked food - found it wasn't worth my time
I thought I was getting a reasonable price adm, these are meaty spares, around £2.80/kilo
- joker smoker
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Re: Selling smoked ribs - found it wasn't worth my time
none of the ribs that I've ever seen in supermarkets at around £2 a rack are worth cooking. you're just using up your rubs and fuel to cook and season a bunch of bones.
Re: Selling smoked food - found it wasn't worth my time
The filler, sides, baps and especialy the pork butt has to be on the menu. I would need to treat it like a chinese restaurant, 'starters, mains, etc'All Weather Griller wrote: A buddy of mine told me:
"You can figure on getting a yield of about 75% on butts. So, 20 uncooked pounds will yield about 15 cooked pounds. With whole chickens you only yield about 25%. So 20 pounds of uncooked chicken will yield 5 pounds of cooked chicken. Just take all of the side dishes into consideration and then plan accordingly. If you have a lot of side dishes you only need 5-7 ounces of meat per person. 3 good sized racks of ribs will feed 8-12 people
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crphillips
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Re: Selling smoked ribs - found it wasn't worth my time
I bought my first ribs last week or so. 2 full racks of pork ribs from a quality local butcher with plenty of meat on them. Around 12 ribs per rack. £5.
Re: Selling smoked ribs - found it wasn't worth my time
I pay around £5.50 for meaty spares.......considering the last few are small I evened it up at 10/rack, 'cause if you throw in an extra rib to the customers they'll come back to youcrphillips wrote:I bought my first ribs last week or so. 2 full racks of pork ribs from a quality local butcher with plenty of meat on them. Around 12 ribs per rack. £5.
Re: Selling smoked food - found it wasn't worth my time
My missus came back from Waitrose on Saturday with four surprise racks of baby backs which averaged out about £2.20 a rack. They were surprisingly good - so much so that I'll stick them on the regular Ocado order. Plenty of meat for BBs and nice and fresh too. Too much packaging though - plastic wrapped and then vac packed on top.Vic. wrote:I thought I was getting a reasonable price adm, these are meaty spares, around £2.80/kilo
Personally, I normally get untrimmed (and very meaty) spares from my local butcher. I've known him for 30 years or so, so I don't know what he charges me per kilo, but they're no more than a couple of quid a rack. Maybe he's just doing me a favour (as I do spend an awful lot of money there...) and if I wanted them in commercial volumes the price would go up.
I'd have thought for selling them commercially though, you'd want baby backs - it seems to me that that's what the general public would prefer for convenience sake (and probably thinks of when they think "ribs"). I like the untrimmed spares myself, but I can see that all the cartilage and extra fat might put joe public off.
