Join Date: Jul 2010
Location: Outside Philadelphia, PA
I'd say that with current market conditions, you have to be just about out of your mind to even consider opening an LFS today. In my own area, most of the traditional single store LFS are gone. Stores that remain are general pet stores, and the large chains. In addition, there is massive competition from the net. A few mouse clicks and whatever you need shows up at your door in a few days.
What I'd want to see in a LFS, and for that matter what people on this form would want to see is almost completely immaterial. People here tend to be very advanced aquarists, and there really are not enough of us around to build a business that is going to support you.
I'd say that if you still want to do this, set up a full pet store. I hate to say it, but the dog and cat stuff is often what keeps the remaining few stores in business.