What is the markup on aquarium fish?

Where most industries see a 20-30% markup on their items, the aquarium industry is lucky to see 10%, which is obviously great for aquarium hobbyists but not so much for store owners who already have to walk a tight line.

Is a fish store profitable?

The most profitable fish stores will do a lot of maintenance work and they have strong online sales. A good brick and mortar store is nice, but if other avenues aren’t bringing in money then the store will close because overhead is simply too high. I have managed one and worked for a few.

Can you make money selling tropical fish?

Fish farms produce millions of fish and make very slim profits by selling them for less than $1 each. That being said, breeding fish as a side gig is a great way to pay for your aquarium hobby expenses.

Is aquarium business profitable in India?

Todays fish aquarium business has become very popular and profitable business mainly in big cities. You can also open a profitable aquarium business in many ways. However, most important aspect is the right business model and strategic planning when starting a business related to ornamental or tropical fish.

What is the most profitable tropical fish to breed?

While they aren’t an expensive fish per se, they are popular among aquarium owners, so the profits keep rolling in. Other fish species that you may want to consider breeding for profit are discus, convict cichlids, and rosy red minnows.

How do hobby aquariums make money?

I want to share with you these 11 ways to make some extra cash which can for example fund the hobby.

  1. 1 Breeding for profit. …
  2. 2 Sell live plants. …
  3. 3 Breed live food. …
  4. 4 Do maintenance for other people. …
  5. 5 Offer to watch aquariums when people are on holiday. …
  6. 6 Give personal advice. …
  7. 7 Start working in a fish store (part time)

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