Appliance rental business with a small workshop

Tenants, landlords, property managers, share houses and short-term furnished accommodation providers.

Monthly rental fees on a growing fleet, plus delivery fees, optional repair cover and bulk deals with landlords or agents.

• Appliance repair or refurbishing
• Stock and cash flow management
• Building relationships with property managers
• Driving and basic admin

• Electrical safety checks: confirm requirements with your state's electrical safety regulator
• Public liability, stock and vehicle insurance, and workers compensation once you hire
• Check whether registering your ownership of rented goods on the Personal Property Securities Register is advisable
• Unit lease terms and zoning for workshop use: check with your local council
• Cash flow is tight early on because appliances cost money upfront and earn slowly
• Rental terms must comply with Australian Consumer Law, so get your contract reviewed

Startup costs are estimated at typically around $35,000 to $100,000, depending on your range of appliances, unit and vehicle. Cash flow is tight early on because appliances cost money upfront and earn slowly.

Check electrical safety requirements with your state's regulator, unit lease terms and zoning for workshop use with your council, and insurance including workers compensation once you hire. Also check Personal Property Securities Register registration and that contracts comply with Australian Consumer Law.

Monthly revenue is typically estimated around $3,000 to $12,000, depending on how many appliances you rent out and how many property managers you work with. Estimates suggest at least around 25 hours a week, including repairs and admin.