Open an electronics repair shop on the high street

Local households, students and small businesses who want a fast, affordable repair rather than buying new.

Repair charges covering parts and labour, plus profit on accessories and sometimes refurbished devices.

• Repair skills across several device types
• Running a shop and managing stock
• Pricing and customer service

• Commercial lease terms, business rates and any change of use permission (check with your local council)
• Public liability, stock and contents insurance, plus employer's liability if you hire staff
• Handling customers' personal data, and whether you need to register with the ICO
• Parts quality and warranty promises, so you are clear on what you guarantee
• Stock tied up in parts and slow weeks, so keep a cash buffer

Estimates suggest startup costs typically around £5,000 to £25,000, depending on the premises, tools, parts stock and fit-out. Keep a cash buffer, as stock can be tied up in parts and some weeks are quiet.

Monthly revenue is typically estimated at around £3,000 to £12,000, depending on location, the range of devices you repair and whether you sell accessories alongside. Treat these as estimates rather than promises.

Check commercial lease terms, business rates and any change of use permission with your local council. Also check insurance, including employer's liability if you hire, whether you need to register with the ICO, and what warranty you promise on repairs.