Welding supplies trade counter

Fabricators, farmers, garages, small workshops, mobile welders, schools and colleges, and keen hobbyists.

Margin on products sold over the counter, plus repeat trade accounts, regular consumables orders and possible gas cylinder rental or refill arrangements with a supplier.

• Good welding product knowledge or experience in the trade
• Customer service and advice
• Stock control and buying

• Stock is a big upfront cost, so start with fast-moving lines
• Storing and selling gas cylinders has safety and legal requirements, so check with your gas supplier and local fire authority
• Business rates, commercial lease terms and planning use class for the unit
• Public liability, stock and product liability insurance, plus employer's liability once you hire
• Competition from large trade chains and online sellers, so build trade accounts and local loyalty
• Credit given to trade customers can strain cash flow if invoices are paid late

Startup costs are typically around £20,000 to £80,000, depending on the unit, your fit-out and how much stock you buy. Stock is a big upfront cost, so these estimates may be lower if you start with fast-moving lines.

Monthly revenue is typically around £8,000 to £40,000, depending on location, trade accounts, range and pricing. This is an estimate of sales rather than profit, and it assumes roughly 35 hours a week at the lower end.

Check the safety and legal requirements for storing and selling gas cylinders with your gas supplier and local fire authority. Also check business rates, commercial lease terms and the planning use class for the unit, plus your insurance cover.