Local tyre shop with fitting bay

Local drivers, tradies with utes and vans, small businesses with a few vehicles, and nearby mechanics who need tyres fitted.

Margin on each tyre sold, plus fitting, balancing, puncture repair and wheel alignment charges. Repeat fleet customers add steady work.

• Hands-on mechanical work
• Knowing tyre sizes, load and speed ratings
• Customer service and quoting
• Stock buying and cash flow management

• Council zoning and planning approval for a workshop, plus noise and opening hours rules
• Rules for storing and disposing of used tyres, which differ by state, so check with your state environment agency
• Rules on selling used tyres can vary by state, so check before stocking them
• Public liability and product liability insurance, plus workers compensation once you hire
• Workplace health and safety, especially safe tyre inflation and correct wheel nut torque
• Heavy stock and equipment costs tie up cash

Startup costs are typically estimated at around $60,000 to $200,000, depending on your premises, equipment such as a tyre changer and balancer, and your opening stock. Heavy stock and equipment costs tie up cash, so plan carefully.

Monthly revenue is typically estimated at around $15,000 to $70,000, depending on location, stock range and the mix of drivers, tradies and fleets you serve. Plan for around full-time hours, with 40 hours a week as a starting point.

Check council zoning, planning approval, noise and opening hours rules. Also check state rules for storing, disposing of and selling used tyres, insurance including workers compensation once you hire, and workplace safety for tyre inflation and wheel nut torque.