Hi Serranid--No Worries! No offense taken!
My earlier post was more of a beginning of a “thought experiment†if you will and I would certainly look to this forum and ones like it for feedback on needs and wants before even starting to crunch numbers about how to put a store together…
I generally agree on the dry goods issue… I used to work in a surf shop when I was in college. People would always come in and try to low-ball us on surfboards and other gear. What they never realized was that while a surfboard might cost between $400-900, it was only marked up at MOST 10% from our purchase prices from the manufacturers. We made very little from the gear. What we always made the killing on was stuff like clothes and consumables… I would imagine the same goes for fish dry goods…
I guess the idea behind what I was talking about would be a little different than any store that I have been in so far. Again, whether or not that would be profitable is another matter completely….
The idea is that TPP is kind of like Wal-Mart and to compete one would need to be small and nimble (go the other way if you will)... For me personally, owning two tanks, going up to TPP every few months or so saves me a lot of $$, not to mention the ridiculous prices I have gotten at some of the sales... Even after gas and PA taxes… just one item as case and point that has become my main comparison item: polyfilter. I go through about 1pack a month. TPP sells it for about $7 after taxes and what not, Exotic, had it for ~10, and Newark tropicals used to sell if for ~12.50….
BUT any LFS definitely needs to have some level of dry goods, and even with all the planning in the world I still have to go out and pick up an emergency box of salt or something every now and then locally… BTW I don't fault LFS for having higher dry goods prices than TPP! I realize that very few places could ever get to the point where they have a setup like that and I imagine that much like Wal-Mart, TPP orders huge quantities of items to keep prices low… the two things that burn me about ANY store, fish or not is #1 customer service and #2 prices. My ever-growing list of stores that I no longer shop at is primarily a result of 1. In fact I will happily pay higher prices at a store that I know wont screw me. What does burn me A LOT is how inconsistent the price of livestock is. It MAY have something to do with where the goods are coming form and a lot of other reasons I don't know much about, BUT I find if you are going out to buy corals or salt fish, you better really know what your buying and what it's worth on the “open market†if you will… when it comes to LFSs in this area it's truly buyer be ware!!!
Anyway… like is said, just kicking around some ideas about what could be offered to fill the gaps in the area LFS scene. I think some balance could be struck between professionalism, price, cleanliness, ect and still be profitable, but it's a question of how!
SORRY for the long ranting... It's Monday, my brain hurts and I'm waiting for the coffee to sink in…LOL
Eric