Local DJ equipment shop

Local hobbyists, beginners buying a first setup, working DJs needing quick replacements, and parents buying gifts.

Mark-up on equipment and accessories, plus extras such as setup help, repairs, kit hire or lessons if you offer them.

• Hands-on knowledge of DJ equipment
• Retail selling and customer service
• Buying and stock control
• Basic bookkeeping

• Commercial lease terms and business rates, so check what applies to your unit and whether any relief is available
• Shop and stock insurance, plus public liability insurance
• Money tied up in stock, especially higher-priced controllers
• Competition from large online retailers, so plan how you will stand out on advice and service
• Consumer returns and warranty rules, which you should check before you open

Startup costs are estimated at typically around £15,000 to £60,000, depending on the unit, fit-out and how much stock you buy. Money can be tied up in stock, especially higher-priced controllers, so plan your cash carefully.

Monthly revenue is estimated at typically around £4,000 to £20,000, depending on location, stock range and whether you add an online shop. Competition from large online retailers is strong, so plan how to stand out on advice and service.

Check commercial lease terms and business rates, including whether any relief applies to your unit. Check shop, stock and public liability insurance. Also check consumer returns and warranty rules before you open.