Local games and collectables shop

Hobbyists, collectors, parents buying gifts, teenagers and local gaming groups.

Margin on new and pre-owned stock, trade-in resales, and event entry fees or table hire. Regulars and gift seasons like Christmas drive much of the sales.

• Good knowledge of games and what people like
• Stock buying and pricing
• Friendly customer service
• Basic bookkeeping

• Commercial lease terms, rent and bond, check them carefully before signing
• Public liability and contents insurance
• Check classification rules for selling video games and board games, as some titles are restricted by age rating
• Pre-owned and trade-in stock needs checking for fakes, and some states have second-hand dealer rules, check with your state regulator
• GST registration once turnover reaches the threshold
• Cash flow tied up in stock that may not sell

Startup costs are typically estimated at around $30,000 to $120,000, depending on your premises, fit-out and opening stock. Cash can be tied up in stock that may not sell, so check lease terms, rent and bond before signing.

Check classification rules for video games and board games, as some titles are restricted by age rating. Pre-owned and trade-in stock needs checking for fakes, and some states have second-hand dealer rules, so check with your state regulator.

Monthly revenue is typically estimated at around $10,000 to $50,000, depending on your location, stock range and events. That is revenue, not profit. Expect to work at least 40 hours a week running the shop.