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50 Best Business Investment Opportunities in Perth

Perth is the capital and largest city of the Australian state of Western Australia (WA). It is Australia’s fourth-most populous city, with a population of 2.06 million living in Greater Perth in 2018.

Perth is part of the South West Land Division of Western Australia, with most of the metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. Perth contains a number of important public buildings as well as various historic sites.

Notable government buildings include Parliament House, Government House, the Supreme Court Buildings, and the Perth Mint. The city is served by Fremantle Harbour and Perth Airport.

By virtue of its population and role as the administrative center for business and government, Perth dominates the Western Australian economy, despite the major mining, petroleum, and agricultural export industries being located elsewhere in the state.

Perth’s function as the state’s capital city, its economic base and population size have also created development opportunities for many other businesses oriented to local or more diversified markets. Perth’s economy has been changing in favor of the service industries since the 1950s.

Perth has also become a hub of technology focused startups since the early 2000s who provide a pool of highly skilled jobs to the Perth community.

Companies such as Appbot, Agworld, Touchgram and Healthengine all hail from Perth and have made headlines internationally. Indeed Perth is an ideal city for business to thrive and if you are interested in doing business in Perth, here are 50 best business opportunities you can choose from.

Best Business Investment Opportunities in Perth

  1. Start a Solar Water Heater Installation Company

If you studied electrical engineering or any related course and you are keen to own a business that you can successfully manage, then you should consider starting a solar water heater installation business.

This is one business that you can successfully start on a small scale and if you are good with what you do, it won’t be too long before you become a household name in your city and perhaps your country.

Solar water heater installation industry basically installs solar water heater systems as part of general residential and commercial contracting services.

  1. Start Chemical Trading Company

Another viable and profitable business that an aspiring entrepreneur can start in Perth is chemical trading business. As a matter of fact, the largest exported goods are chemicals (34 percent of exported goods) in Perth. Chemical trading business is involved in the wholesaling of different types of chemicals both locally and internationally.

A good number of chemical trading companies are known to engage in exporting wholesale chemicals and related products, including compressed gas, chemical additives and synthetic rubber, to manufacturing, construction and mining industries.

It is important to state that the chemical industry is a very delicate industry hence proper training is required. As a matter of fact, you would need chemical handling permits and other relevant permits before you can be legally allowed to go into the trading of chemicals.

  1. Open Chemical Laboratory (Laboratory Testing Services)

The fact that Perth is in the forefront when it comes to the production of chemicals in the world means that businesses in the value chain of the chemical industry will always thrive and one of such business is to open a chemical laboratory.

Chemical laboratories performs physical, chemical and other analytical testing for commercial purposes. Such testing may occur in a laboratory or an on-site facility (i.e., where the product is manufactured or developed). Most results from industry-led tests are checked against government regulations and environmental, industrial and product standards.

  1. Start Wholesale Pharmacy Business

This is a business that engages in wholesaling pharmaceuticals or medical goods. These goods are distributed to pharmacies, specialist retailers, hospitals, doctors and other specialist medical practitioners. Generally, pharmaceutical wholesalers purchase drugs, medical and surgical equipment, store these items at distribution centers, and deliver these products to medical practitioners, clinics and hospitals et al.

It is a profitable and viable business and you can be rest assured that your products will be purchased by retail pharmacy stores and medical clinics/hospitals in and outside Perth.

When it comes to starting a wholesale pharmacy business, you just have to ensure that you get your strategy right; you will need robust business relationship with pharmaceutical manufacturing companies and also retail pharmacy stores in and around your target market location.

  1. Open a Retail Pharmacy Store

Pharmacy business is indeed a thriving business in Perth and if you have what it takes to run a pharmacy, you should consider starting a pharmacy business. Retail pharmacy businesses are known to be involved in the sale (retailing) of generic or brand medications, some big pharmaceutical stores engage in the sale of medical devices.

Please note that in Perth, the pharmaceutical industry is highly regulated. As a matter of fact, there are several universal laws and regulations that govern the patenting, testing, safety, efficacy and marketing of drugs.

  1. Open Dental Handpiece and Medical Equipment Repair

A dental handpiece and medical equipment repair business is yet another fast – growing business that an entrepreneur who is seeking to start a business in Perth should consider. Dental handpiece is an instrument for holding dental burs to remove tooth structure or to smooth and polish restorative materials.

Handpieces may be powered by electric motor or air turbines and are characterized as high speed or low speed depending on their rotational speed. Please note that when it comes to repair and maintenance of dental handpiece or any medical instrument, they are usually handled with uttermost care and professionalism.

  1. Start Medical Equipment Rental Business

If you are interested in the rental line of business and you are looking towards starting a business in Perth, one of your best bets is to launch a medical equipment rental business. The right time to start such business is now because this business concept is presently at its growing stage.

Those that are engaged in medical equipment rental engage in renting out different types of medical equipment to clients and hospitals who need them to carry out treatments or surgery. Take for instance, some hospitals or medical facilities rent ultrasound, remote patient monitoring and X-ray equipment, as well as other types of medical equipment that tend to become obsolete quickly.

  1. Open Electronics Appliance Retail Store

Another thriving small scale business that an aspiring entrepreneur can start in Perth is an electronics appliance retail store. The major things you need to have in place to make success from this type of business is a good location, easy access to wholesale supply of quality electronic appliances, good customer service and accounting skills.

Electrical stores or better still consumer electronics stores retail a range of new appliances, electrical goods and home entertainment products, such as dishwashers, TVs and computers. Many stores also offer repair services and some stores sell used goods.

  1. Start Immigration Consulting Firm

People might not know that Perth is attracts a huge number of immigrants annually. As a matter of fact, the population growth from net immigration in Perth is quite high, at 0.5 percent of population in 2004. The foreign citizen population was 21.8 percent in 2004, about the same as in Australia.

This goes to show that there are business openings for immigration consulting firms in Perth. Starting an immigration consulting firm is not too expensive except for the money required to rent and furnish an office space.

  1. Start Organic Fertilizer Production Business

One of the agriculture related business opportunities that an entrepreneur can successfully start in Perth is to go into the production of organic fertilizer. Organic fertilizer which is also known as compost or manure is produced from human excreta, animal matter or decomposed vegetable / plants. It is what is used in the cultivation of organic food.

There are various sources of organic fertilizer; they are a mineral source (peat et al) which is the main source of organic fertilizer, others are animal sources, plants, and sewage sludge (bio – solids). Organic fertilizer production can be considered to be capital intensive, but it is indeed money – spinning business if it is well located.

  1. Open a Dance Studio

It might interest you to know that there are a lot of people in Perth who are willing to pay money to learn various dance steps.

Dance steps like Salsa, Ballet, Hip Hop Dance, Tap Dance, Yangko Dance, Belly Dance, Kathak, Gangnam Style, Break Dance, Line Dance, and also Yoga, Zumba and any other activities that can keep people in good shape. That is why establishing your own dance studio in Perth might just be the right business decision to take if you are still considering starting your business.

  1. Start Bodyguard and Executive Protection Business

Another business that can be started on a small scale in Perth is bodyguard and executive protection business. A body guard and executive protection company is any company that provides both armed and unarmed security related services and expertise to both private and public clients at an agreed fee.

The need for people especially celebrities and public figures to protect themselves and their families cannot be over-emphsized, as a matter of fact; there are celebrities and public figures that can’t move around in public if they don’t have bodyguard.

  1. Open a Bridal Shop

Opening a bridal shop is yet another business that an aspiring entrepreneur can start in Perth. Bridal shops are retail outlets that predominantly retail bridal wear, including wedding gowns, veils and other accessories such as shoes, ties, gloves and jewelry.

One good thing about this type of business is that you don’t need to enroll in a conventional school to learn how to start and run this type of business; it is a business that requires basic business skills such as customer service, accounting skills, bargaining skills, people skills and of course overall business management skills.

  1. Open a Car Wash

A car wash is another small – scale business that is thriving in Perth. The basic services offered by car wash companies revolves around cleaning, washing, and waxing services for automobiles (cars, trucks, vans, and trailers et al). In the car wash industry, you will also find customized services such as full- and self-service car wash services, truck and bus washes and vehicle detailing services.

Please note that the market for car wash is driven by the purchase of cars and the increase in consumer spending – in essence, as the general economy of a country grows, more people will buy cars and more people will patronize the services of a car wash.

  1. Start Security Camera Installation Business

There is indeed a large market for security camera installation business in Perth and an entrepreneur can start the business on a small scale. Despite the fact that security camera installation is a technical business, that does not in any way rule out the fact that an entrepreneur with zero technical skills can learn the trade within few months if they are smart.

Security camera installation companies are engaged in security camera system installation, security system monitoring and surveillance, security camera system repairs and maintenance and other related surveillance and security system services.

  1. Start a Cleaning Services Company

The services industry is a thriving industry in Perth and one of the businesses that can be categorized under it is cleaning services business. This type of business can be started by anybody as long as you have eyes for details. If you have experience in this regard, it will be easier for you to start and effectively run a cleaning services business.

The truth is that in Perth, you have the chance of making success out of cleaning services business if you have good marketing skills and of course the ability to thoroughly carry out cleaning jobs.

  1. Open a Coffee Café

The Swiss climate is generally temperate, but can vary greatly between the localities, from glacial conditions on the mountaintops to the often pleasant near Mediterranean climate at Perth’s southern tip. This goes to show that business such as coffee café is bound to succeed in Perth.

If you choose to start a coffee café in Perth, make sure you sell cappuccino, espresso, iced coffee, decaffeinated coffee, alcoholic coffee (Irish Coffee and Brandy Coffee et al), filtered coffee, cold brew coffee, Turkish coffee, coffee with milk, coffee or espresso with whipped cream, and flavored coffee et al.

  1. Start Corporate Image Consulting Firm

Starting a corporate image consulting firm is not too expensive except for the money required to rent and furnish an office space. Running this type of business requires that you should be trained as a brand specialist and a public relations specialist and it is indeed a very lucrative business in Perth.

Being a corporate image consultant means that you will help your clients handle everything that has to do with the corporate image they want to public to see in them. That is, your goal as corporate Image Consultant is to improve the way an organization’s employees look and act.

  1. Start Dessert Bar Business

Starting a dessert bar business is one sure way of making money because dessert bars are consumed by a host of people in Perth. Dessert bars, or simply bars or squares, are a type of American “bar cookie” that has the texture of a firm cake or softer than usual cookie. They are prepared in a pan and then baked in the oven. They are cut into squares or rectangles.

The ingredients used in the production of desserts are sugar, eggs, butter, flour and milk, common ingredients are chocolate chips, nuts, raspberry jam, coconut, cocoa powder, graham cracker, pudding, mini-marshmallows and peanut butter. More exotic bars can be made with ingredients including sour cream, rhubarb, pretzels, candies, vanilla, raisins, and pumpkin.

  1. Start a Driving School

Another business that can be started on a small – scale in Perth is a driving school business. Driving school business generally is a competitive business in Perth because it is not difficult to start. Any entrepreneur who intends to go into this business should carry out thorough feasibility studies and market research so that the risks associated with the business can be greatly minimized.

The first thing to consider before launching this business is to know how to secure your license and permits, the road network in your chosen location, the ideal insurance and the type of cars needed to run this type of business.

  1. Start Education Consulting Firm

If you are an educationist or someone who has background in education matters, and you intend starting a business in Perth, then you should consider starting a education consulting firm. There are many students aspiring to go to colleges/universities who are trapped simply because they don’t know who to talk to when they educational related issues that is why it is important to set up your own education consulting firm.

Being an educational consultant means that you will help your clients handle all their educational concerns, help to gain admission to colleges or universities of their choice.

  1. Start a Fencing Company

In Perth, you will notice that a good percentage of homes have one form of fencing or the other. This goes to show that there is indeed a large market for fencing business in Perth. Fencing companies is part of the fence construction industry and this industry comprises of establishments that construct and install a wide range of fences, including residential fences, security fences and niche fences amongst others.

  1. Open a Fruit and Vegetable Mart

If you are considering starting a fruit and vegetable retail store in Perth, good news is that you can’t get it wrong. This is because various types of vegetables and fruits are consumed by almost everybody in Perth. It is important to state that starting a vegetable and fruits retail business comes with its own fair share of challenges.

But that does not rule out the fact that it is indeed a profitable business venture, especially if you locate the business in good location and you know how to source for fresh fruits and vegetables that are generally consumed in the location where you have you retail outlet.

  1. Start Home/Building Inspection Firm

Another small – scale business that can be started in Perth is home / building inspection. This is one business that requires minimal startup capital and manpower and can be started from a home office. Home/building inspection firms perform inspections on buildings.

When home inspection representatives inspect a building, they evaluate all aspects of its structure and component systems, and they prepare a report on the physical condition of the property. These reports are written for buyers or others involved in real estate transactions.

  1. Start Homemade Chocolate Retail Business

The major things you would need to have in place to make success from this type of business is a good location, well – packaged homemade chocolate and of course good customer service cum accounting skills. Homemade chocolates are made from the home and not in a factory where mass production of chocolates is produced within a short period of time.

  1. Start Homes and Offices Food Delivery Business

Homes and offices food delivery service is involved in delivering foods to any destination within their coverage area as ordered by their clients. The process of ordering food from a local restaurant or food cooperative in Perth is through the telephone, website or customized mobile app.

It is same process when ordering goods from online stores, and many of these food delivery companies allow customers to keep accounts with them in order to make frequent ordering convenient. Payments are usually done either by credit card or cash, with the restaurant returning a percentage to the online food company if they are not the owners of the restaurant.

  1. Start Health Coaching Business

The fact that people want to live healthy means that they will do whatever it takes to achieve that goal including exercising and eating right and that is where a health coach comes in. Health coaches are knowledgeable on how exercise, lifestyle and foods affect the health, physiology and wellbeing of a person.

They help guide people to live healthy life styles. If you want to start your health coaching business in Perth, you would need to obtain all the necessary licenses and certifications. The truth is that the market is still pretty much open for new practitioners to come in.

  1. Liquid Nitrogen Ice Cream Business

If you intend starting a liquid nitrogen ice cream or any ice cream related business, you are expected to launch the business in a location with the right climatic condition; a place where there is some measure of fair weather in terms of heat and Perth is just an ideal location.

Good enough, people are beginning to embrace the new concept of ice cream known as the liquid nitrogen ice cream. If you can successfully launch this type of business in the right location and if your shop is located in an area with good human and vehicular traffic, and you have different flavors of liquid nitrogen ice cream and other ice dessert, you may not have to struggle to get people to visit your shop and make purchase.

  1. Start a Laundry Business

If you are interested in starting your own laundry business in Perth, you need to conduct detailed cost analysis before investing your time and money into the business idea. The truth is that some business fails simply because proper cost analysis was not carried out prior to starting the business.

Starting a laundry business requires that you purchase or lease equipment that are needed to run the business. Beyond the skill set you will be bringing to the table; equipment is also instrumental to the starting and running the business.

  1. Become a Photographer for Models

Another thriving small scale business that a aspiring entrepreneur can start in Perth is to become a photographer for models. It is one thing to become a photographer, it is entirely a different kettle of fish to have your own area specialization in photography.

This is so because there are a host of niche areas to choose from in the industry and one of them is photographing models. The truth is that becoming a photographer for models will open a whole lot of business opportunities for you because as a photographer for models, you can be an all-rounder. It means that you can cover children cum babies, pets and of course adult models.

  1. Become a Professional Barber/Open a Barber’s Shop

A professional barber is a person whose livelihood is mainly to cut, dress, groom, style and shave hair. Aside from the fact that people go to cut, dress, groom, style and shave in a barber shop, it is also place where people go to socialize and also to engage in trendy discussion in the community.

  1. Open a Massage Parlor

When we talk about massage therapy business, we are talking of a profitable business that involves offering healthcare related services that helps people get healed from an ailment or to help people soothe their muscle soreness, improve their sleep, boost their immune system function, increase their mental alertness, ease the effects of cancer treatment, aid headache sufferers, alleviate depression, and ultimately reduce stress.

As a matter of fact, close to 50 percent of massage therapies performed are considered to assist with specific health conditions and injury rehabilitation compared to one third of those who received massage for relaxation and stress management.

  1. Open a Makeup Studio (Become a Makeup Artist)

Makeup artists are individuals who use their talents and tools to makeover, transform, and improve another individual’s face (and sometimes their body). The works of these talented individuals corrects imperfections, highlights positive attributes, and remedies issues.

But whether they are highlighting cheekbones for a key event, perfecting the smoky eye for a photo shoot, or applying prosthetics for theatrical productions, makeup artists are truly artists in their own right. This is not just a passion but also a business since very good makeup artists command lofty fees and possess loyal clients.

  1. Start Bar and Grill Business

A bar and grill restaurant retails both alcoholic and non-alcoholic drinks served alongside grilled beef, chicken, turkey, bacon, pork, fish and corn et al. If you are considering opening a bar and grill restaurant business, all you would need is some capital to purchase or lease / rent a suitable facility), the required equipment, utensils, serving wares and furniture.

You would also need some additional capital to purchase your initial stock, pay your employees at least for the first 3 months, and also to pay your utility bills.

  1. Open a Body Piercing Studio

Body piercing studios are known to provide body piercing services, which involve puncturing the skin in order to display ornamental jewelry.

The major activities in this line of business revolves around navel piercing, cartilage, rook, nostril, eyebrow, daith, lip, tragus, and earlobe piercings, and we are not ruling out the fact that most body piercing studios also provide tattoo services.

  1. Open a Car Leather Repair Shop

A car leather repair shop is another money – spinning business that an aspiring entrepreneur who is looking towards starting a business in Perth should consider. One good thing about this type of business is that you can learn the technical skills from someone who is already in the business or from a technical school.

All you need to do is to rent a shop in a good location and then setup your shop and advertise your car leather repair business. If you are lucky to be one of few car leather repair technicians in your community, you will sure make good money from this type of business.

  1. Start Fashion Consulting Business

If you are a fashion enthusiast or someone who has background in image consulting matters, and you intend starting your business, then you should consider starting a fashion consulting firm in Perth. There are many corporate organizations, celebrities, public figures and actors in Perth that will be more than willing to patronize your services.

Being a fashion consultant means that you will help your clients handle everything that has to do with their wardrobe and how they want to public to see in them. That is, your goal as fashion consultant is to improve the way your client present himself / herself to the public.

  1. Start a Dog Training Business

If you live in Perth, you will agree that dogs and pets generally are given some of the best treatments. Becoming a dog trainer isn’t so much of a huge task, as it does not require that you get a certification. All that is required of you is the love for animals, as well as having the skills to train dogs in various skill sets.

It is very enjoyable to start a dog training business, because it establishes a relationship between you and the dog and in the long run you smile to the bank. So, it wouldn’t be an exaggeration to say that the dog training business is a viable small – scale business to start in Perth.

  1. Start Dryer Vent Cleaning Services Business

As an aspiring entrepreneur who intends starting a small – scale business in Perth, you can comfortably start a dryer vent cleaning business without much stress.

You can start a dryer vent cleaning services business serving dry cleaners, homes and offices where dryers are used. Most people find it difficult to clean the vents of their dryers; hence they require the services of professionals to help do it.

  1. Start Acai Bowl Business

Acai bowl business is taking over in Australia and starting an acai bowl business in Perth can be interesting at the same time rewarding especially if you situate your acai bowl bar in strategic locations in the city where you can easily attract acai bowl lovers.

The fact that people crave for healthy fruit/smoothies makes it one of those businesses that is in high demand. Acai is referred to as a superfood, filled with antioxidants that originated from Brazil. It tastes like a mix of strawberries, blueberries and a hint of chocolate. An acai bowl is a really thick smoothie that is topped with oatmeal, fruit or peanut butter et al.

  1. Start Egg Tray Production Business

If you are looking for a business to start in Perth, then you may want to consider starting egg tray production business. Egg trays are mainly used for transportation and storage. They are built in such a way that they can be stacked, which facilitates bulk transportation.

Such trays are mainly used by poultry farmers or wholesalers to transport eggs in bulk for retailers. The size of egg trays may vary depending on factors such as distance and the type of product offering.

Trays are usually used to store fresh eggs from farms or at farmers markets. Plastic egg trays are also used by egg processors to wash and sanitize eggs. A cardboard sleeve or additional trays are used to protect eggs when using a tray format.

  1. Open a Liquor Store

If you live in Perth, you will agree that loads of people consume liquor on a daily basis. This goes to show that there is a large market for liquor and as an aspiring entrepreneur looking for a business to start, you need not look too far because you can open a liquor store in your neighborhood.

A liquor store is a retail shop that is licensed to sell prepackaged alcoholic beverages usually in bottles to customers who are likely to take home or elsewhere to consume. If you intend opening your liquor store, then you must take out time to learn the art of buying and selling.

  1. Start a Monogramming Business

Monogramming business involves artistic designing of gift items by cresting 2 or more alphabetic letters on the gift item. The gift item could be cups, Tee Shirt, Towel, Bags, Wedding Invites, Caps, and Jackets et al. Simply put; monograms are embroidered emblems on gift items.

Although a small – scale monogramming company can be operated from home, especially if it is being managed by an individual, but it pays to operate from an office/production facility. The truth is that you would not need an office space to be able to run this type of business.

  1. Start Mortuary Transportation Business

As an aspiring entrepreneur who intends starting a business that will always provide services that would never go into extinction, then the mortuary transportation business should be a business you need to consider. A mortuary transportation company is a company that transports the remains of people from the mortuary to burial site or cemetery.

Although most people would rather do some other form of businesses rather than opt for mortuary transportation business because of its delicate and emotional nature. However, fact remains that this business is a money spinner and it will always stand the test of time.

  1. Start an Electrical Contractor Business

Another worthwhile and profitable business that can be started in Perth is electrical contractor business. Electric contractors are an integral part of not just the construction cum real estate industry, but plays very important roles in ensuring that households, offices and public facility enjoys electric power supply and electric appliances are repaired when they become faulty.

Players in this industry execute electrical work at sites. Some of the electrical work they perform includes new work, additions, alterations, maintenance and repairs.

  1. Start a Party Rental Business

A party rental business is not as capital intensive as starting a banquet hall rental business. This is because all that is required of you is to purchase tables, chairs, flatware, linens, centerpieces, stages, tents, canopies and other items for public and private parties and events.

You will also need a warehouse facility or well secured space to keep the items and also a truck to take them to and from event venues as requested by your clients. You can decide to rent out the truck or include it as a premium service to those who rent party items from you.

  1. Start Private Duty Nursing Business

Since the demand for private nursing service is increasing in places with aging population, more private duty nursing businesses are opening up to meet this demand. So, if you know you are a nurse or you have interest in the health care industry and you live in a community where the elderly requires special care, then you should consider starting your own private duty nursing service in Perth.

The good thing about private duty nursing service is that if it is well established, your service won’t just be restricted to old people, but also some hospitals that are short staffed and would need a trained nurse for a period of time on a contract basis.

  1. Start a Resale Business

Another business that an aspiring entrepreneur can start in Perth is a resale business. A resale shop is any shop that gets used goods for resale in their store. Resale shops can be categorized into three niche areas; consignment shops, buy-outright shops and thrift shops.

A consignment shop accepts goods from customers, merchandises them for sale and pays a portion to the contributor. A buy-outright shop purchases used goods and marks them up to earn a profit. A thrift store is more likely to be run by a nonprofit organization or to support charitable causes.

  1. Start an Agro Tourism Company

Lastly, an agro tourism agency is a good business to start in the Perth – Australia. This is because, aside from Israel, and the United States, Australia can boast of having some of the best inventions when it comes to the agriculture industry.

As a matter of fact, Australia is among the top destinations for foreigners looking for countries to understudy new breakthroughs in agriculture.

The agro tourism business receives massive support from the government. This is because agro tourism gives farmers and other stakeholders in the industry opportunity to generate additional income and an avenue to directly market their produce to consumers.