Local model and hobby shop

Local hobbyists, collectors, club members, parents and gift buyers who like to see and compare kits before buying.

Retail markup on kits, paints and tools, plus extra sales from regulars, special orders, events and an online shopfront.

• Deep knowledge of modelling products and techniques
• Stock buying and cash flow management
• Friendly customer service and community building

• Commercial lease terms and rent, read them carefully and get advice before signing
• Check council approval and signage rules for your premises
• Public liability and contents insurance, and workers compensation once you hire staff
• Margins are tight, so rent and unsold stock can quickly squeeze cash
• Check rules for storing and selling solvents, glues and aerosol paints
• Register for an ABN, and check when GST registration is required

Estimates suggest startup costs typically around $25,000 to $100,000, depending on the premises, fit-out and how much stock you carry. Rent and unsold stock can quickly squeeze cash, so plan carefully.

Monthly revenue is typically estimated at around $6,000 to $30,000, depending on location, range and whether you also sell online. Margins are tight, so rent and unsold stock matter. Hours are typically from about 35 per week.

Read commercial lease terms carefully and get advice before signing. Check council approval and signage rules, and rules for storing and selling solvents, glues and aerosol paints. Register for an ABN, check when GST registration is required, and arrange insurance.