Small medical bookshop near a hospital or campus

Students, clinicians, hospital staff, researchers and visitors browsing for reference works and gifts.

Retail margin on books sold in store and online, with peaks at the start of term. Extras like course bundles and special orders help smooth quieter months.

• Knowledge of medical publishing and course reading lists
• Stock buying and cash flow planning
• Retail and customer service
• Building relationships with universities and departments

• Lease terms, rent and business rates can be large fixed costs, check them carefully
• Check the shop's permitted use with your local council
• Shop and contents insurance, plus public liability insurance
• Demand is seasonal and tied to the academic year, so plan your cash flow
• Universities often have their own bookshops or supplier deals, so check what competition exists
• Employer's liability insurance is needed once you hire staff

Startup costs are typically around £12,000 to £50,000, depending on the premises, shelving, stock and insurance. These are estimates, so check lease terms and rent before committing.

Monthly revenue is typically estimated at around £4,000 to £18,000, depending on location and footfall. Demand follows the academic year, so plan your cash flow for quieter months.

Check lease terms, rent and business rates, and the shop's permitted use with your local council. Also check shop, contents and public liability insurance, employer's liability once you hire staff, and any university bookshops or supplier deals.