Local Electronics and Accessories Shop

Local households, students, commuters and people who need something today and want to talk to a real person first.

You sell stock at a markup over the wholesale price. Accessories and add-ons usually carry better margins than bigger devices, and an online listing can add extra sales.

• Product knowledge and friendly advice
• Buying and stock control
• Selling and customer service
• Basic bookkeeping

• Retail leases are regulated differently in each state and territory, so check the terms and get legal advice before signing
• Electrical goods and batteries must meet Australian safety and labelling rules, so check with your state regulator and ask suppliers for compliance proof
• Australian Consumer Law gives customers guarantees and refund rights, so check the ACCC guidance
• Stock ties up cash and gadgets date quickly, so avoid over-ordering
• Check council approval for the shop's use, plus public liability, stock and theft insurance, and workers compensation once you hire staff

Startup costs are typically around $40,000 to $150,000, depending on the premises, fit-out and opening stock. Stock ties up cash and gadgets date quickly, so avoid over-ordering. These figures are estimates only.

Monthly revenue is typically estimated around $15,000 to $60,000, depending on location, range and foot traffic. Expect to work at least around 35 hours a week to run a shopfront.

Retail leases are regulated differently in each state and territory, so check the terms and get legal advice. Also check electrical and battery safety rules, ACCC consumer guarantee guidance, council approval for shop use, and insurance including workers compensation if you hire.