Security alarm shop with installation service

Local homeowners, renters, landlords and small businesses, along with walk-in customers who want DIY kits and advice.

Margin on equipment sold over the counter, fixed-price installation jobs, and service or repair call-outs.

• Product knowledge and honest advice
• Installing and testing alarm systems
• Stock control and retail basics
• Managing staff or subcontractors

• Licensing for security installers differs by state and territory, so check this before you sign a lease
• Commercial lease terms, rent and fit-out costs
• Public liability and product liability insurance, plus workers compensation once you hire
• Stock can sit unsold or become outdated as technology changes
• Online retailers compete on price, so your fitting service and local advice need to stand out

Startup costs are typically around $20,000 to $80,000, depending on your lease, fit-out and how much stock you hold. These are estimates only, so check commercial lease terms, rent and fit-out costs before signing.

Licensing for security installers differs by state and territory, so check this before you sign a lease. Also check what insurance you need, including public liability, product liability and workers compensation once you hire staff.

Monthly revenue is typically around $8,000 to $35,000, depending on your location, stock range and how much fitting work you win. This is revenue before costs, and the business typically needs at least 35 hours a week.