Start a watch and clock repair shop

Walk-in customers, local jewellers, antique dealers and people with family heirloom watches and clocks.

Quick jobs like batteries and straps bring in regular foot traffic, while larger services and clock repairs earn higher fees per job.

• Watch and clock repair training
• Fine, careful handiwork
• Customer service at the counter
• Basic pricing and bookkeeping

• Commercial lease terms and rent, check them carefully before signing
• Public liability and contents insurance, including customers' items while in your care
• Council approval or signage rules for your premises, check with your local council
• Security for valuable watches left with you
• Check GST registration once your turnover reaches the threshold

Startup costs are typically estimated at around $8,000 to $35,000, depending on the premises, fit-out, tools and stock you need. A kiosk or shared space may sit towards the lower end.

Monthly revenue is typically estimated at around $3,000 to $12,000, depending on walk-in trade, work from local jewellers and the hours you open, often from around 30 hours a week.

Check commercial lease terms and rent carefully before signing. Check council approval or signage rules for your premises, public liability and contents insurance including customers' items, security for valuable watches, and GST registration once turnover reaches the threshold.