Local lighting shop

Homeowners, renovators, renters, builders, interior designers and small businesses such as cafes and offices.

Retail mark-up on products sold, plus bulk or trade pricing for builders and businesses. Extras like bulb replacement packs and special orders add to sales.

• Customer service and product advice
• Stock buying and managing inventory
• Basic retail bookkeeping
• An eye for design and display

• Electrical products sold in Australia must meet safety and compliance rules, so check requirements with your state electrical safety regulator and the ACCC before importing or buying stock
• Installation of hard-wired fittings must be done by a licensed electrician, so check your state rules before offering any fitting service
• Lease terms, rent and fit-out costs can be a big risk, so get advice before signing
• Public liability and contents insurance, plus workers compensation once you hire staff
• Holding stock ties up cash, and slow-selling lines can be hard to move
• Register for an ABN and check when you need to register for GST

Estimates suggest startup costs typically around $40,000 to $150,000, depending on your lease, fit-out and how much stock you hold. Lease terms and fit-out can be a big risk, so get advice before signing.

Estimates suggest monthly revenue typically around $12,000 to $60,000, depending on location, range and the mix of households, builders and businesses you serve. Slow-selling lines can tie up cash, so stock choices matter.

Check electrical product safety and compliance requirements with your state electrical safety regulator and the ACCC before importing or buying stock. Installing hard-wired fittings must be done by a licensed electrician, so check your state rules before offering any fitting service.