Electric bike shop with workshop

Commuters, retirees, families and leisure riders, plus locals who need e-bike repairs.

Margin on bike and accessory sales, plus paid servicing and repairs that bring customers back through the year.

• Bike mechanics and e-bike systems
• Retail and customer service
• Stock buying and cash flow management

• Stock is a big upfront cost, so start with a small range and a few reliable brands
• Check that the e-bikes you sell meet the national Australian standards for power-assisted bicycles (such as motor power limits and battery safety requirements), and ask suppliers for compliance evidence. State and territory rules mainly cover where and how e-bikes can be ridden, which is useful to explain to customers
• Lithium battery storage and charging in a shop: check fire safety rules with your council and fire authority, and check your insurance cover
• Public liability and product liability insurance, plus workers compensation once you hire
• Check any council requirements for shop signage and fit-out, and whether you need a council approval for your premises use

Startup costs are typically around $30,000 to $120,000, depending on your stock, fit-out, rent deposit and workshop tools. Stock is a big upfront cost, so starting with a small range from a few reliable brands can help.

Check that the e-bikes you sell meet the national Australian standards for power-assisted bicycles and ask suppliers for compliance evidence. Also check lithium battery storage and charging with your council and fire authority, plus insurance and any premises approvals.

Monthly revenue is typically around $8,000 to $40,000, depending on sales, servicing and your location. Expect at least about 40 hours a week. These are estimates of revenue, not profit, so allow for rent and stock.