Coin locker site in a local venue

Visitors, tourists, swimmers, backpackers and day-trippers who need somewhere safe to leave bags for a few hours.

A fee per use, usually by the hour or day, paid by coin, card or app. You may also agree a revenue share or site fee with the venue owner.

• Negotiating with venue owners
• Basic maintenance and repairs
• Organised and reliable for regular servicing

• Public liability insurance, and cover for damage or theft at the site
• Whether the venue or council needs to approve the installation (check with the landlord and local council)
• Rules for unclaimed or abandoned items and what you can store (set clear terms of use)
• Quiet sites may not earn enough to cover the lockers, so test foot traffic first

Startup costs are typically estimated at around $2,000 to $10,000, depending on how many lockers you buy or lease, the type of payment system, and installation at the venue.

Check whether the venue or council needs to approve the installation, by asking the landlord and your local council. Also check public liability insurance, cover for damage or theft, and set clear terms for unclaimed or abandoned items.

Monthly revenue is typically estimated at around $300 to $1,500, depending on the venue's foot traffic and your pricing. Plan on at least about 3 hours a week. Quiet sites may not cover costs, so test foot traffic first.