Racing parts shop with trackside know-how

Local motorsport competitors, drift and circuit racers, car clubs, performance workshops and enthusiasts who want advice in person.

Retail margin on parts and accessories, trade pricing for workshops, and optional extras like special orders, fitting referrals or race day supplies.

• Deep knowledge of performance parts and motorsport
• Retail and customer service
• Stock buying and cash flow management
• Building relationships with suppliers and clubs

• Check your local council's zoning and signage rules for the premises
• Public liability, product liability and stock or contents insurance
• Stock can tie up a lot of cash, so start with a focused range
• Check that parts sold for road use comply with your state's vehicle modification rules and be clear when parts are for competition use only
• Workers compensation insurance is needed once you hire staff, and GST registration once you reach the turnover threshold

Startup costs are typically around $40,000 to $150,000, depending on your premises, fit-out and how much stock you buy. Stock can tie up a lot of cash, so starting with a focused range is worth considering.

Check your local council's zoning and signage rules for the premises. Also check that parts sold for road use comply with your state's vehicle modification rules, and be clear when parts are for competition use only. Look into public liability, product liability and stock insurance too.

Monthly revenue is typically around $8,000 to $40,000, depending on location, range and customer base. Expect to work at least about 40 hours a week. Rent, stock and other costs come out of that revenue.