Retail Fit Out Costs

By February 17, 2020 July 9th, 2020 Retail

Retail Fit Out Costs

Plus, 5 Expert Tips To Save You Thousands

When it comes to the fit out of any premises, price is always a major factor in the decision-making process. Whilst it’s vital that a fit out delivers the results you and your audience deserve, making sure that it’s a cost-effective option is also vital.

When your business is considering a refurbishment or a fresh retail store fit-out, some idea of ballpark costs is always helpful. Whilst an accurate fit-out cost needs to be tailored to the individual project, we’ve put together some average retail fit out costs for our clients. These will give you some idea of the type of figure you’ll be looking at, enabling financial planning and an initial consideration of project feasibility.

For a more detailed quote, or to find out the type of costs involved in atypical fit-outs or those where there are particular challenges, please get in touch with one of our team.

Average Cost Of Shop Fit Out

With the caveat that each retail fit-out will be influenced by a wide variety of factors that could affect cost, we’ve put together some indicative costs for three different retail store scenarios. Depending on size and the type of facilities you need, there are three main dollar/metre figures to take into consideration.

  • Basic (cost-effective fit out or renovation)
  • Mid-Range (up-market, spacious and feature-packed unit)
  • High-End (Opulent retail store fit-out that’s ideal for premium retail spaces)

Each type of retail store fit-out is addressed in more detail in the section below. Just click on whichever type you’re after.

Retail Fit Out Costs Per Square Metre

Less than $1000/sqm (ex. GST)

A cost-conscious approach for when you want a retail fit-out that’s attractive and functional, but with minimal custom added extras. If you’re looking to fit out your store within this budget range you could expect the below features and inclusions:

  • Basic Concept Designs
  • Statutory Approvals & Certification
  • Fixtures & Fittings (Off the Shelf)
  • Basic Level Of Finishes
  • Refresh Existing Walls, Flooring & Ceilings

Retail Fit Out Costs Per Square Metre

$1200 to $1500/sqm (ex. GST)

Ideal for most small to medium businesses, a medium spec fit-out provides plenty of little luxury touches, whilst staying within an affordable price range. For this type of retail fit out costs, you can expect the below features & inclusions:

  • Full Set Of Design Plans
  • Statutory Approvals & Certifications
  • Fixtures & Fittings
  • New Power Supply
  • Existing Lighting Alterations
  • Existing A/C Alterations
  • Existing Smoke Detection Alterations
  • Standard Level Of Finishes
  • Signage
  • Painting
  • Commercial Final Clean

Retail Fit Out Costs Per Square Metre

$2000+/sqm (ex. GST)

A prestige fitout for retail businesses who wish to attract high paying customers. Unique design, with premium materials and services. In this price range you generally can expect the below features & Inclusions:

  • End-To-End Management
  • Full Set Of Design Plans
  • Service Consultant Designs
  • Statutory Approvals & Certifications
  • High Grade Fixtures & Fittings
  • Display Equipment
  • Plasterboard Partitioning
  • Feature Ceiling
  • Feature Flooring
  • Feature Wall
  • New Power & Data
  • New Lighting
  • Fire Service Upgrades
  • A/C Upgrade
  • High Quality Signage & Illumination
  • Painting
  • Commercial Final Clean

These figures are intended as a guide only. We don’t operate a cookie-cutter approach to our work, providing we treat each client as a unique proposition. It’s perfectly possible to mix and match features to create a custom solution that’s exactly right for what you’ve got in mind. Get in touch to find out more about our retail fit-out options or to tell us what you’re looking for.

Want a Detailed Cost Analysis?
EXPERT TIP #1

Choose The Right Premises

Essentially, costs are determined by the journey needed to take you from where you are now, to where you want to be. Specifically, the state of your current premises plays a key role in determining what’s needed to create the fit-out you want.

Premises which are in poor condition or which have essential infrastructure missing (for example, a poor climate control system, inferior-quality wiring or structural issues), will require a significant budget for the necessary repairs and upgrades.

Similarly, if the layout of the building is such that extensive renovation will be required to create a workable space, the costs will increase. To minimise the risk of incurring unnecessary additional expenditure, we suggest involving your shopfitter as soon as possible. We are always happy to advise on premises selection, as well as flag up potential added costs for remedial or remodelling work.

EXPERT TIP #2

Avoid Compliance Delays

Compliance with relevant legislation and regulations is an important aspect of any fit-out project. Without expert assistance, it’s all too easy to overlook the features necessary to ensure compliance with: health & safety legislation; building regulations; zoning regulations; and retail-specific guidance.

Our team has a wealth of up-to-date knowledge regarding the various legal requirements of retail fit out. This means you can be confident that your design will be compliant from the outset. By involving your shop fit-out providers early on, you’re less likely to run into costly compliance issues further down the line.

EXPERT TIP #3

Re-Purpose Or Up-Cycle

Not only can the cost of a shop fit out be greatly reduced by using materials and/or equipment that you already have to hand, but it’s also surprising how often additional cash can be raised by selling unwanted assets. 

When we commence work with a client, one of the first things we do is conduct an audit of the materials and resources which are already available. Not only can these be potentially re-purposed or up-cycled, they can also frequently be sold on.

We are committed to delivering amazing fit-out work which is also sustainable and planet-friendly. Recycling and reusing existing assets not only cuts costs, it’s also a green option.

EXPERT TIP #4

Allow Sufficient Time

Tight deadlines and a punishing schedule can potentially push the price of your project upwards. Leaving more time allows shopfitting companies to search for bargains and tender where outside experts are needed, potentially lowering costs. The longer you can allow, the more likely it is that the project can be delivered for a lower cost. We are capable of meeting insanely tight deadlines if necessary, but obviously with more time, we can often deliver what’s needed for less.

EXPERT TIP #5

Consider Alternative Materials

The materials and technology available for retail fit-out is constantly changing. Fresh materials are coming on stream, as well as new trends and different ways of working. What this means is that we can frequently take a look or feature which a client wants and deliver it for less. For example, it’s possible to find some amazing synthetic materials which have the look of stone or timber.

These synthetic alternatives deliver the aesthetic needed, at the same time as being lower maintenance, more durable and cheaper than the natural options. Similarly, we can come up with cost-effective floorings, furniture, fittings and fixtures which offer hard-wearing, dependable performance at the same time as excellent value.

Receive A Detailed Quote

Experienced and talented in a wide variety of retail fit-outs, we’re the provider of choice for a large number of businesses across Sydney and beyond.

Get in touch to receive a detailed quote today.

Want a Detailed Cost Analysis?

Resources

Frequently Asked Questions

How can we help you?

What Is The Average Cost Of Shop Fit Out?

With the caveat that each retail fit-out will be influenced by a wide variety of factors that could affect cost, we’ve put together some indicative costs for three different retail store scenarios. Depending on size and the type of facilities you need, there are three main dollar/metre figures to take into consideration.

Less than $1000/sqm (ex. GST) if you’re looking to fit out your store on a tight budget. A cost-conscious approach for when you want a retail fit-out that’s attractive and functional, but with minimal custom added extras.

$1200 to $1500/sqm (ex. GST) Ideal for most small to medium businesses, a medium spec fit-out provides plenty of little luxury touches, whilst staying within an affordable price range.

$2000+/sqm (ex. GST)A prestige fitout for retail businesses who wish to attract high paying customers. Unique design, with premium materials and services.

Contact Us

What Is The Average Cost Of A Retail Fit Out?

With the caveat that each retail fit-out will be influenced by a wide variety of factors that could affect cost, we’ve put together some indicative costs for three different retail store scenarios. Depending on size and the type of facilities you need, there are three main dollar/metre figures to take into consideration.

Less than $1000/sqm (ex. GST) if you’re looking to fit out your store on a tight budget. A cost-conscious approach for when you want a retail fit-out that’s attractive and functional, but with minimal custom added extras.

$1200 to $1500/sqm (ex. GST) Ideal for most small to medium businesses, a medium spec fit-out provides plenty of little luxury touches, whilst staying within an affordable price range.

$2000+/sqm (ex. GST)A prestige fitout for retail businesses who wish to attract high paying customers. Unique design, with premium materials and services.

Contact Us

What Are Retail Fit Out Costs Per Square Metre?

With the caveat that each retail fit-out will be influenced by a wide variety of factors that could affect cost, we’ve put together some indicative costs for three different retail store scenarios. Depending on size and the type of facilities you need, there are three main dollar/metre figures to take into consideration.

Less than $1000/sqm (ex. GST) if you’re looking to fit out your store on a tight budget. A cost-conscious approach for when you want a retail fit-out that’s attractive and functional, but with minimal custom added extras.

$1200 to $1500/sqm (ex. GST) Ideal for most small to medium businesses, a medium spec fit-out provides plenty of little luxury touches, whilst staying within an affordable price range.

$2000+/sqm (ex. GST)A prestige fitout for retail businesses who wish to attract high paying customers. Unique design, with premium materials and services.

Contact Us

What Are Shop Fit Out Costs Per Square Metre?

With the caveat that each retail fit-out will be influenced by a wide variety of factors that could affect cost, we’ve put together some indicative costs for three different retail store scenarios. Depending on size and the type of facilities you need, there are three main dollar/metre figures to take into consideration.

Less than $1000/sqm (ex. GST) if you’re looking to fit out your store on a tight budget. A cost-conscious approach for when you want a retail fit-out that’s attractive and functional, but with minimal custom added extras.

$1200 to $1500/sqm (ex. GST) Ideal for most small to medium businesses, a medium spec fit-out provides plenty of little luxury touches, whilst staying within an affordable price range.

$2000+/sqm (ex. GST)A prestige fitout for retail businesses who wish to attract high paying customers. Unique design, with premium materials and services.

Contact Us

How Can I Save Money On My Retail Fit Out?

1) Choose The Right Premises
2) Avoid Compliance Delays
3) Re-Purpose Or Up-Cycle
4) Allow Sufficient Time
5) Consider Alternative Materials

Contact Us

How Can Choosing The Right Premises Reduce Retail Fit Out Costs?

Essentially, costs are determined by the journey needed to take you from where you are now, to where you want to be. Specifically, the state of your current premises plays a key role in determining what’s needed to create the fit-out you want.

Premises which are in poor condition or which have essential infrastructure missing (for example, a poor climate control system, inferior-quality wiring or structural issues), will require a significant budget for the necessary repairs and upgrades.

Similarly, if the layout of the building is such that extensive renovation will be required to create a workable space, the costs will increase. To minimise the risk of incurring unnecessary additional expenditure, we suggest involving your shopfitter as soon as possible. We are always happy to advise on premises selection, as well as flag up potential added costs for remedial or remodelling work.

Contact Us

How Can Compliance Delays Impact Retail Fit Out Costs?

Compliance with relevant legislation and regulations is an important aspect of any fit-out project. Without expert assistance, it’s all too easy to overlook the features necessary to ensure compliance with: health & safety legislation; building regulations; zoning regulations; and retail-specific guidance.

Our team has a wealth of up-to-date knowledge regarding the various legal requirements of retail fit out. This means you can be confident that your design will be compliant from the outset. By involving your shop fit-out providers early on, you’re less likely to run into costly compliance issues further down the line.

Contact Us

How Can I Save Money On My Retail Fit Out By Re-Purposing Or Up-Cycling ?

Re-Purpose Or Up-Cycle

Not only can the cost of a shop fit out be greatly reduced by using materials and/or equipment that you already have to hand, but it’s also surprising how often additional cash can be raised by selling unwanted assets.

When we commence work with a client, one of the first things we do is conduct an audit of the materials and resources which are already available. Not only can these be potentially re-purposed or up-cycled, they can also frequently be sold on.

We are committed to delivering amazing fit-out work which is also sustainable and planet-friendly. Recycling and reusing existing assets not only cuts costs, it’s also a green option.

Contact Us

How Can Tight Time-Frames Impact My Retail Fit Out Cost?

Tight deadlines and a punishing schedule can potentially push the price of your project upwards. Leaving more time allows shopfitting companies to search for bargains and tender where outside experts are needed, potentially lowering costs. The longer you can allow, the more likely it is that the project can be delivered for a lower cost. We are capable of meeting insanely tight deadlines if necessary, but obviously with more time, we can often deliver what’s needed for less.

Contact Us

How Can Alternative Materials Reduce Retail Fit Out Costs?

The materials and technology available for retail fit-out is constantly changing. Fresh materials are coming on stream, as well as new trends and different ways of working. What this means is that we can frequently take a look or feature which a client wants and deliver it for less. For example, it’s possible to find some amazing synthetic materials which have the look of stone or timber.

These synthetic alternatives deliver the aesthetic needed, at the same time as being lower maintenance, more durable and cheaper than the natural options. Similarly, we can come up with cost-effective floorings, furniture, fittings and fixtures which offer hard-wearing, dependable performance at the same time as excellent value.

Contact Us

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