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General Asylum General audio topics that don't fit into specific categories. |
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In Reply to: Ever want to open up your own audio store? posted by jedrider on September 4, 2014 at 12:03:51:
Yes, I did want to open a high end store and did so in 1995 after early retirement from my first career.
Hi Notes was located in Perry, Georgia as that was where we lived when I retired. Obviously I did not have any street traffic but I did have many customers from Atlanta, northern Florida, and the rest of the region. My primary lines were Conrad Johnson, Alon, Mondial, PSB, Quad, Cal Audio Labs, Rega, and Kimber. I also enjoyed bringing in some esoteric lines like Spectron, Morrison speakers, Fi, Sigtech, and a few others.
I worked by myself other than a part time administrative assistant. In the four years I was open, I averaged about 250,000 in annual sales which allowed a salary of about 30,000. This was about what my business plan had forecasted. Thank goodness I was retired and had a pension.
I had the great fortune to have some wonderful clients who later became friends. We hosted quarterly concerts, manufacturer visits and social events. I also had the great misfortune to have some real screwballs for customers such as a dentist who borrowed my ASC tube traps to bring them back after his dog had peed on them.
Hi Notes closed when another opportunity came my way but I thoroughly enjoyed those years.
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Follow Ups
- RE: Ever want to open up your own audio store? - jsch3 17:38:15 09/05/14 (2)
- RE: Ever want to open up your own audio store? - sudz1234@yahoo.com 19:59:23 09/05/14 (0)
- $30,000 in salary... - mkuller 17:52:51 09/05/14 (0)
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