Glassware shop with hospitality supply

Local households, gift shoppers, wedding and event hosts, and hospitality businesses that need regular glass top-ups.

Retail margin on shop sales, plus repeat bulk orders from hospitality customers at trade pricing. Gift wrapping and custom sets add extra value.

• Retail buying and stock control
• Visual merchandising
• Customer service
• Supplier negotiation and bookkeeping

• Commercial lease terms, bonds and fit-out costs, get advice before signing
• Public liability, stock and theft insurance, plus workers compensation insurance once you hire
• Slow-moving stock and breakage tying up cash, so order cautiously
• GST registration and Australian Consumer Law obligations on returns and refunds
• Council requirements for shop signage and trading, check with your local council

Startup costs are typically estimated at around $25,000 to $100,000, depending on the premises, fit-out and opening stock. Monthly revenue is typically estimated at around $6,000 to $30,000, depending on location, range and how much you supply to local hospitality.

Check commercial lease terms, bonds and fit-out costs, and get advice before signing. Also check public liability, stock and theft insurance, workers compensation once you hire, GST registration, Australian Consumer Law on returns and refunds, and council rules for signage and trading.

Useful skills include retail buying and stock control, visual merchandising, customer service, supplier negotiation and bookkeeping. Time is typically at least 35 hours a week. Slow-moving stock and breakage can tie up cash, so order cautiously.