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What are the profit margins from coral farming inland? More specifically, how would the cost of exclusively farming corals (not reselling wild collected/no buying wholesale) without easy access to the ocean, compare to the profit?
Not that I want to or plan to do this, just wondering.
Like reselling corals (buy wholesale, sell retail) seems like it could be profitable, but growing all your own corals seems like a lot of overhead and likely doesn't leave huge margins. . . I guess if you are farming only high end corals, or maybe you have a massive farm????
I don't know, just thinking out loud
Not that I want to or plan to do this, just wondering.
Like reselling corals (buy wholesale, sell retail) seems like it could be profitable, but growing all your own corals seems like a lot of overhead and likely doesn't leave huge margins. . . I guess if you are farming only high end corals, or maybe you have a massive farm????
I don't know, just thinking out loud