The equipment is the same if you are just doing beer or hops. Shaking is required in both cases. And the hops procedure is not a pain because of the ratio. It is a pain because of the extraction and because the extract has to be diluted by trial and error until the absorption falls within certain limits. Once you get all that done you just make readings at two wavelenghts, stick them in a couple of formulas for, respectively, the alpha and beta levels.
Reasonable for a club? Depends on the club
DR 5000
is pretty dear but is a good unit because it comes pre-programmed for a lot of the water tests and brewer wants to do and also contains the software for the ASBC tristimulus color test. More practical than shelling out for one of these would be to try to obtain one of their older models (DR-4000UV) used. There are, of course, other manufacturers (I believe the Hach units are actually made by Beckman).
For the shaker you want something like the Burell 75 wrist action shaker. They have a newer model that looks pretty expensive so I'd look for an older unit. You will need different clamps for hops (which are extracted in volumetric flasks) and beer (which is extracted in a 50 mL centrifuge tube).