Local footwear shop

Local shoppers, tradies needing work boots, parents buying school shoes, and people wanting comfortable or outdoor footwear.

You buy stock from suppliers or wholesalers and sell at a markup. Extra income comes from accessories, shoe care products and repeat customers.

• Customer service and fitting advice
• Buying and stock management
• Basic bookkeeping
• Spotting what local customers want

• Stock is your biggest cost, and unsold sizes and seasonal lines can tie up cash
• Lease terms, bond and rent reviews, so read them carefully or get advice before signing
• Public liability and contents insurance
• Check whether GST registration applies as your turnover grows
• Check with your local council about any shop signage or fit-out approvals
• Workers compensation insurance if you hire staff, which varies by state

Startup costs are estimates, typically around $40,000 to $150,000, depending on premises and how much stock you carry. Monthly revenue is typically around $15,000 to $60,000, depending on location, range and season. Unsold sizes and seasonal lines can tie up cash.

Read lease terms, bond and rent reviews carefully, or get advice before signing. Check public liability and contents insurance, GST registration as turnover grows, council approvals for signage or fit-out, and workers compensation if you hire staff, which varies by state.

You need customer service and fitting advice, buying and stock management, basic bookkeeping, and an eye for what local customers want. A shopfront typically needs at least around 40 hours a week.