Business ideas
15 min read

10+ Best & Profitable Board Game Business Ideas in 2023

Board games have been around since ancient times, yet they remain popular today despite the influx of electronic toys. While some board games are produced by large companies, others have been created by independent entrepreneurs. It has become increasingly popular for entrepreneurs to create their own board game businesses with the idea of selling them to game stores and customers online. In this article, we will discuss the best and most profitable board game business ideas for 2023. From how to choose the right game to maximize profit potential, to which models you should look out for, here are 10+ great ideas that will give your board game business a solid foundation! Whether you’re a novice or experienced entrepreneur looking to enter the world of board games, these ideas will help you get off on the right track. So read on to find out more about these exciting opportunities!

Written by:
Nick
Updated on:
April 2, 2023
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Table of Contents:

Our List of 10+ Best Board Game Business Ideas:

1. Board Game Cafe.

A Board game cafe is a place where people can come together to enjoy board games and other forms of gaming, while also accessing food and beverages. It is a great business idea as it offers something fun and unique that people of all ages can enjoy and at the same time allows entrepreneurs to capitalize on the ever growing appetite for board games and similar activities.

  • Board game cafes provide a much different experience than most other retail businesses.
  • People can enjoy different types of gaming without having to commit to a single purchase or game.
  • Board game cafes offer a unique space in which people can socialize, collaborate, learn, and have fun.
  • It appeals to people who are looking for something new and different - it’s a great way to draw in new customers.
  • Board games often require multiple players so there is always an opportunity to generate new business through word of mouth.

2. Board Game Store.

A board game store is a business that provides customers with access to a wide selection of board games, card games, role-playing games, and other related products. The success of such a store is dependent on having a wide selection of high-quality and competitively priced products as well as customer service that is top notch. Some benefits of opening a board game store include:

  • Offering customers access to the latest and best board games
  • Building relationships with customers by providing an interactive experience
  • Creating an environment for families and friends to come together for fun
  • Providing hobbyists with access to hard-to-find products
  • Giving customers helpful advice about game rules and strategies

3. Board Game Subscription Box.

A Board game subscription box is a service that sends customers a new board game each month or every few months. This type of subscription box can make a great business idea due to the following reasons:

  • The customer base is likely to be loyal and establish long-term relationships with the business due to the nature of subscription services.
  • Subscription boxes require little marketing as customers are already opting in, providing the business proprietors with repeat customers.
  • The products associated with board game subscription boxes typically have high margins, meaning a larger profit for the business in comparison to other products.

4. Board Game Tournament Services.

A Board game tournament services is a business that organizes and hosts competitive tournaments and events for board games. It offers participants fun, competitive play at all skill levels and includes a range of competitive discounts, prizes, and custom tournaments. This business offers entertainment for many different types of audiences, and it is a great option for those who want to get involved in the board gaming community.

  • Hosts competitive tournaments and events for board games
  • Offers participants fun and competitive play at all skill levels
  • Provides a range of competitive discounts, prizes, and custom tournaments
  • Entertainment for many different types of audiences
  • A great option for those who want to get involved in the board gaming community

5. Custom Board Game Design And Development.

Custom board game design and development can make for a good business idea because it allows for creativity, focuses on customer satisfaction, and harnesses the power of the digital age. Creating custom board games allows a business owner to develop new, exciting ways to interact with customers and build a strong customer base. With custom board game design, businesses can:

  • Design the game around customer interests.
  • Create a unique visual style or narrative.
  • Allow customers to customize their own individual game.
  • Produce cost-effective physical copies of the game.
  • Collect customer data to improve customer experience.

6. Online Board Game Streaming Service.

An online board game streaming service is an innovative way for people to share their love of board games with the world. This service would provide an easy way for anyone to join a live game from the comfort of their own home. With the rise of mobile gaming and social media, this type of service can be incredibly profitable. Here are some of the key benefits that make online board game streaming a great business idea:

  • It allows gamers to play with people around the world.
  • It eliminates the need to buy and store physical board games.
  • Players can play more strategic games than they can on a physical board.
  • The streaming service can be monetized by charging a subscription fee or through in-game purchases.
  • It establishes brand loyalty among gamers and increases customer engagement with customers.

7. Mobile Board Game App Development.

Mobile board game app development is a great business idea for those looking to create and monetize immersive gaming experiences. This type of product has a high potential for profitability, as well as being able to provide entertainment to a wide variety of users. Some advantages of mobile board game app development are:

  • Accessibility – Games can be played by anyone with a smartphone or tablet.
  • Flexibility – Mobile gaming apps can be adapted and tweaked over time to improve the user experience.
  • Variety – Many different types of board games can be created, each with their own unique content and mechanics.
  • Potential for monetization – Mobile board game apps have the potential to generate revenue through in-app purchases or subscriptions.

8. Board Game Design Consulting.

Board game design consulting can be a great business idea for anyone looking to get into the board game industry. It allows entrepreneurs to take advantage of their knowledge and experience in the gaming field and to help aspiring game designers turn their ideas into reality. Working with a board game design consultant can provide countless benefits, including:

  • Providing an experienced opinion on game designs
  • Developing content, artwork and rules
  • Creating prototypes and playtesting
  • Marketing insight and advice
  • Assisting with production and distribution of games

9. Corporate Team Building Board Game Events.

A Corporate team building board game events is an increasingly popular business idea in today's workplace. It provides a fun and positive environment for employees to build relationships through board games, allowing them to better understand the company culture and create networks with each other. Benefits of holding a Corporate team building board game event include:

  • Increase in productivity and morale
  • Engaging environment that allows information sharing between participants
  • Increased comfort levels in difficult conversations
  • Improved problem solving, strategic thinking, leadership, collaboration and team building skills
  • Alleviation of stress amongst employees

10. Board Game Rental Services.

Board game rental services is an innovative business idea that allows people to rent out board games. You can rent a variety of board games, expansions, card games and more. This makes it an ideal option for people who don’t have the time or money to invest in buying a large collection of board games. Some of the benefits include:

  • Cost Effective - Renting board games is a cost-effective way of enjoying the game without having to buy it.
  • Convenience - Board game rental services are accessible online and provide customers with convenience.
  • Wide Selection - Customers are able to choose from a variety of board games and expansions available.
  • Variety - Board game rental services offer customers an array of different board games to choose from.
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Successful Examples of Board Game Businesses:

The board game industry continues to go strong and is a powerhouse of creativity. Here are some examples of successful companies in the board game business:

  • Hasbro
  • Asmodee
  • Mattel
  • Ravensburger
  • Konami
  • Fantasy Flight Games
  • CMON Limited
  • Avalon Hill
  • days of Wonder
  • Angry Mob Games
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Nick

Founder and CEO

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.