Local car parts shop

Local motorists, DIY mechanics, small garages and tradies who need parts quickly, plus fleet owners.

Markup on parts and accessories sold over the counter, plus trade accounts with local garages that buy regularly. Ordering in special parts for customers adds extra sales.

• Strong car and parts knowledge
• Stock control and ordering
• Customer service at the counter
• Basic bookkeeping

• Shop lease terms, so get advice before signing
• Stock is a big upfront cost and slow-moving parts tie up cash
• Competition from large chains and online sellers, so a local trade focus matters
• Public liability and product liability insurance, plus workers compensation once you hire
• Check council approval for your premises and signage
• Safe handling and storage of batteries, oils and other chemicals, so check your state's rules
• GST registration is needed once turnover reaches the threshold

Estimates suggest startup costs typically around $40,000 to $150,000, depending on your lease, fit-out and how much stock you hold. Stock is a big upfront cost, and slow-moving parts can tie up cash, so plan your range carefully.

Estimates suggest monthly revenue typically around $15,000 to $60,000, depending on location, range and how well you win local garage and trade customers. Competition from large chains and online sellers matters, so a local trade focus is worth considering.

Check shop lease terms and get advice before signing. Check council approval for your premises and signage, your state's rules for safe handling and storage of batteries, oils and chemicals, insurance needs including workers compensation once you hire, and GST registration.