Fastener trade counter in a small unit

Local builders, manufacturers, fabricators, maintenance crews and farms that need a wide range on hand.

Margin on bulk sales and trade accounts, plus specials, custom orders and delivery charges. A deep range and fast service bring repeat business.

• Strong product knowledge
• Stock control and buying
• Managing trade accounts and credit

• Check zoning and council approval for retail or trade use of the premises
• Public liability, product liability and contents insurance, plus workers compensation once you hire
• Large stock investment can tie up cash, so start with the fastest-moving lines
• Check Australian Standards and labelling for structural fixings and imported products
• Lease commitments, so understand the length and exit terms before signing

Startup costs are typically around $40,000 to $150,000, depending on the unit, shelving and how much stock you buy. Treat this as an estimate, and consider starting with the fastest-moving lines to avoid tying up cash.

Monthly revenue is typically around $15,000 to $60,000, depending on your range, location and how many regular trade accounts you build. The estimate assumes at least about 40 hours a week, so this is a full-time commitment.

Check zoning and council approval for retail or trade use of the premises, and Australian Standards and labelling for structural and imported fixings. Also check insurance (public liability, product liability, contents, and workers compensation if you hire) and lease length and exit terms.