Hydroponic Retail Store Success Stories [2024]
Hydroponics is a new technology for growing plants that uses water instead of soil. You can start a hydroponic retail store and sell hydroponic equipment to customers at home.
You will need to buy some equipment such as a greenhouse or indoor garden. You can also rent space from another business owner to start your business.
The Hydroponics stores are often profitable businesses that can bring in six- and seven-figure sums annually. The average salary for hydroponics jobs is $64,942.
In this list, you'll find real-world Hydroponic Retail Store success stories and very profitable examples of starting a Hydroponic Retail Store that makes money.
1. Growers House ($37.2M/year)
Nate Lipton, the founder of GG Growth, a group of cannabis and hemp companies, came up with the idea for his business after working for various cannabis-related companies and recognizing the potential in supplying equipment and services to the industry. With $150k in investments, Nate opened GrowersHouse.com in 2011 and focused on both an e-commerce store and a walk-in store to serve the growing market.
How much money it makes: $37.2M/year
How much did it cost to start: $150K
How many people on the team: 50
How Nate Lipton built a $35M plant-growing empire, with an e-commerce store generating $2.9M per month, a cannabis growers forum earning $100k per month, and a YouTube series gaining 100k views per month, all while navigating through regulatory obstacles in the cannabis industry.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.