>Not one of the three LFS here take home a personal paycheck.
I dont believe it
Sure some do, the ones you have visited for the last 5 years likley does, enough to pay the bills anyways. Now take a step back and look at all the LFS that have come and gone during that same time. I don't know about others but I have seen my share of LFS go out of business, its very common.
This can relate to other industries. WinnDixie pulled every store out of Texas and closed down thier Ft. Worth warehouse leat year. Rainbow foods is gone too and Fleming went bankrupt as well. All of this happened within the last year. Theres also a Wal-Mart on every block (seriously) in DFW. I think you can do the math on that one.
However, do you think they're making the kind of money any one of the higher-ups at Petco makes?
Apples and oranges IMO. THe higher ups at Petco have a $30/share stock price to worry about and serious cash. They are overseeing and running what, over 1000 stores nationwide? They are taking in profits and getting bonuses off a chain of stores all over the country, of course they are banking, they are a CORPERATION, unless the mom an pop business is installing aquariums for every movie motion picture, tv show, commercial, every casino in vegas, trumps tanks etc etc, I don't think you can compare, and even then its still different source incomes. Petco is making its fortune off newbies who want a 10g tank, you are trying to make money off people who have been successful with that 10g tank and want more/bigger. Huge difference in volume. Ever hang out at a Petco or Petsmart? I may apply for a part time job at the local petsmart, every time I am in there are like 10 people standing around the fish area waiting for someone to help them, getting off track sorry
Point is they do insane volumes, even on thier fish belive it or not. The foot traffic thorugh thier door daily may rival yours weekly, for many reasons many beyond your control.
Oh yah before my ramblings I meant to add, theres another huge difference, the higher ups at Petco are in it for 1 reason, the money. They could likley care about the care/quality of thier products and livestock, as long as they sell and don't cause problems with animal activists etc. The average LFS owner is not in it for the money, but rather to "pay the bills" while doing a job they like doing as said before.