ive actually put alot of thought into opening a LFS, but since i dont exactly have the funding to do it, might as well help someone who can. i very well could be wrong, but these are based on observations ive made over the years of what kind of people are buying what kind of fish at the shops i visit. dont anyone take this the wrong way, please.
you need to look at the area your in, and the type of people living there. your lower-class/badder areas are going to be interested more in big cichlids with nasty personalities and glass bangers they can show off to their friends, and the staple goldfish for kids/families. basically anything "cool" but not so expensive. seems rare on the salt side in these areas
middle-class and upper areas would seem to be more colorful/personality filled fish, not so "rip your hand off nasty" with some decent planted tanks and community fish as well. some basic-moderate salt stuff too.
the upper-class and wealthy areas your going to find alot of salt/reef, rarer fish that carry a $$, with less of a demand i think for the usual fish everyone else has.
also, make sure you offer home and office maintenance/installation of tanks. there would be alot of profit for this if advertised the right way, since alot of people do like the looks of fish, but dont want the hassle of cleaning them. a few different options, from just cleaning tanks on a scheduled basis, to devising complete systems for people with good filters/sumps, pumps, deco, and auto-feeders so they have to do nothing but brab about the tank.
hey, that business management degree of mine pays off sometimes. i got some great ideas for running a place
you need to look at the area your in, and the type of people living there. your lower-class/badder areas are going to be interested more in big cichlids with nasty personalities and glass bangers they can show off to their friends, and the staple goldfish for kids/families. basically anything "cool" but not so expensive. seems rare on the salt side in these areas
middle-class and upper areas would seem to be more colorful/personality filled fish, not so "rip your hand off nasty" with some decent planted tanks and community fish as well. some basic-moderate salt stuff too.
the upper-class and wealthy areas your going to find alot of salt/reef, rarer fish that carry a $$, with less of a demand i think for the usual fish everyone else has.
also, make sure you offer home and office maintenance/installation of tanks. there would be alot of profit for this if advertised the right way, since alot of people do like the looks of fish, but dont want the hassle of cleaning them. a few different options, from just cleaning tanks on a scheduled basis, to devising complete systems for people with good filters/sumps, pumps, deco, and auto-feeders so they have to do nothing but brab about the tank.
hey, that business management degree of mine pays off sometimes. i got some great ideas for running a place
(Quote by a lfs) 
