When it comes to starting your very own business, the best piece of advice to adhere to is to start a business centred on your passion. For some people, painting miniatures or collecting trading cards is a very fulfilling hobby. In such cases, you may be interested in purchasing commercial real estate in Vancouver from respected brokers, like Vancouver Business Broker, to open your very own hobby shop.
Once you have your business model down, you’ll want to set look for a place to set up your new shop. There are many commercial properties for sale in Vancouver, but hobby shops tend to have several special requirements as compared to typical retail stores. With that in mind, here are a few things you should consider when looking at commercial property for sale:
Choose a Specialty
By now, you should have an idea of what kind of hobby shop you’re opening. Most hobby shops tend to carry more products related to a particular hobby. For example, your shop may cater more to pop culture collectibles (busts of movie characters, sci-fi film props, etc.) over board games.
Know what you want to sell and take a look at the space the commercial property offers. If your items are bulky, you’ll definitely want a commercial space that will allow you to display your products without making your shop feel cramped. You should also estimate the amount of space special display cases for rarer items will take up.
Extra Room for Events
If you are setting up a hobby shop that caters more to games (trading card games, board games, etc.), you’ll want to make sure there’s enough open space for several tables and chairs. Hobby shops can earn a lot of extra income by hosting their very own events or competitions. This is especially true if you offer popular games like Magic the Gathering. Additionally, having the extra space lets you offer your customers rental options if they want a place to play.
Owning your very own hobby shop is a great way to make money, as well as connect with like-minded hobbyists. As long as you keep the two factors in mind while looking at commercial properties, you are one step closer towards owning a successful business.
How to Start a Hobby Shop, startupbizhub.com
Buying a business, canadabusiness.ca