Second-Hand bike reseller from home

Students, commuters, families buying kids' bikes and anyone wanting a decent bike without paying new prices.

You sell each bike for more than your purchase and parts cost. Extra income can come from selling accessories like lights, locks and helmets.

• Basic bike mechanics
• Spotting good deals
• Clear photos and honest listings

• Stolen bikes: keep purchase records and check serial numbers against police or state-based stolen property sources where available
• Check whether your local council needs approval for a home-based business
• Safety: only sell bikes with working brakes and sound frames, and consider public liability and product liability insurance
• Register for an ABN, and check when you need to register for GST
• Check how to store and dispose of old tyres, oil and other waste properly

Startup costs are typically around $500 to $2,500, depending on how many bikes you buy upfront and what tools, spare parts and cleaning supplies you need. Treat this as an estimate and start with a few bikes.

Monthly revenue is typically around $400 to $2,500, depending on how many bikes you source, repair and sell, from about 6 hours a week. Your results will depend on the bikes you find and the time you put in.

Check how to avoid stolen bikes by keeping purchase records and checking serial numbers. Check whether your council needs approval for a home-based business, and consider public liability and product liability insurance. Also check ABN and GST registration.