Sports nutrition shop

Regular gym-goers, athletes, people in fitness classes and local sports clubs.

Retail mark-up on products, plus bundles, loyalty deals and shake or snack sales. Online orders can add to in-store sales.

• Strong product knowledge
• Customer service and sales
• Stock buying and cash flow management

• Supplements can be regulated as therapeutic goods. Check TGA rules on what you can sell and how you describe it
• Do not give medical advice or make unproven claims. Check ACCC and TGA advertising rules
• Lease terms, rent and fit-out costs can be large, so check them carefully before signing
• Selling shakes or food may need council food business registration, so check with your local council
• Public liability and product liability insurance, plus workers compensation once you hire staff
• Slow-moving stock and expiry dates can tie up cash

Startup costs are typically estimated at around $40,000 to $150,000, depending on the premises, fit-out, lease terms and how much stock you buy. Rent and fit-out can be large, so check lease terms carefully before signing.

Monthly revenue is typically estimated at around $15,000 to $60,000, depending on location, foot traffic, stock range and your online sales. These are revenue figures, not profit, so costs like rent, stock and wages come out of that.

Check TGA rules, as supplements can be regulated as therapeutic goods, and ACCC and TGA advertising rules. Avoid medical advice or unproven claims. If you sell shakes or food, check council food business registration, plus insurance.