Trading in fish for cash or store credit.

  • We are currently upgrading MFK. thanks! -neo
My LFS gives 1/3 store credit. If you got your fish cheaply, it can be a good deal because this place has high prices on their own fish ($40 for a 2 inch EBA, $100 for a gold nugget pleco).
 
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I’m looking to downsize to 25% or less of my original stock and should I have to give them to my lfs I’m expecting about 10% of the value for the more higher dollar fish (I’ll be damned if I give them to my lfs for that, I’d rather give them away for free to aquarists I trust) and less for the more common fish.
 
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The fish business is very good. I know that usually, you buy fry in large batches. My uncle is also in the fish trade.
 
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My favourite local shop gives me 40 - 50% of retail, depending upon species. This is strictly credit; I have never asked about cash. His retail prices are very good, so this credit is likely about 25 - 35% of what these fish would go for in most other shops.
 
Fish always have parasites, they just take hold when the fish is stressed out and their immune system is comprimised.
 
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I am in South Carolina, and my LFS told me there legal problems with giving cash for the fish. Some sort of tax thing I think, but I am not if that is the real reason.


We used to have a LFS that would trade for cash if you talked with the owner, but it was always under the table stuff.
 
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Typically in-store credits have more attractive terms rather than getting cash. But they aren't worth it.
 
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