Local industrial supply shop and trade counter

Machine shops, fabricators, building firms, maintenance teams and small factories within driving distance.

Retail or trade margin on stocked items, plus account customers who buy regularly. Delivery and special-order fees add some income.

• Product knowledge of tools and equipment
• Stock control and buying
• Customer service with trade customers

• Check zoning and licensing with your municipality before signing a lease
• Commercial general liability and property insurance, plus WCB/WSIB coverage if you hire (rules vary by province)
• Stock ties up cash and slow-moving items can sit for months, so start small
• Check certification rules for electrical goods, and WHMIS requirements for hazardous products
• Some equipment, such as lifting gear or pressure equipment, may have provincial safety rules, so check before selling it
• Large suppliers and online sellers compete on price, so local service and speed matter

Startup costs are estimated at typically around $30,000 to $120,000, depending on your premises and opening stock. Stock ties up cash and slow-moving items can sit for months, so it helps to start small.

Monthly revenue is estimated at typically around $10,000 to $50,000, depending on location, product range and customer base. Large suppliers and online sellers compete on price, so local service and speed matter.

Check zoning and licensing with your municipality before signing a lease. Also check commercial general liability and property insurance, WCB/WSIB coverage if you hire, certification rules for electrical goods, WHMIS, and provincial safety rules for items like lifting gear.