Local hydroponics shop

Home growers, hobbyists, small commercial growers of greens, herbs and flowers, and community groups.

Retail mark-up on products, repeat nutrient and consumable sales, and bulk or account sales to small commercial growers. Advice and set-up help bring customers back.

• Good knowledge of hydroponic systems and nutrients
• Retail and stock management
• Clear, friendly advice for beginners

• Shop lease terms and council zoning and signage approvals, check with your local council
• Public liability, product liability and stock insurance
• Electrical products must meet Australian compliance requirements, check with your state's electrical safety regulator and suppliers
• Some state or territory rules may restrict certain products or how they are advertised or sold, and landlords may have their own conditions, so check your state's rules and lease terms before committing
• Stock ties up cash, and you will need workers compensation insurance once you hire staff

Startup costs are typically around $40,000 to $120,000, depending on your premises, fit-out and opening stock. These are estimates, and stock ties up cash, so get real quotes before committing to a lease.

Monthly revenue is typically around $15,000 to $70,000, depending on your location, range and whether you supply local commercial growers. This is an estimate, not profit. Expect around 35 hours a week or more.

Check your lease terms, council zoning and signage approvals, and insurance including workers compensation once you hire. Also check electrical compliance for products, and any state or territory rules on restricted products or how they are advertised and sold.