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  #11  
Old 01-29-2015, 03:07 PM
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juju juju is offline
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Tree fiddy
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  #12  
Old 01-29-2015, 03:25 PM
Muskiebite Muskiebite is offline
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Quote:
Originally Posted by juju View Post
Tree fiddy
Did I ever tell you about the time I saw the Loch Ness Monster at Kaposia?
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  #13  
Old 01-29-2015, 03:34 PM
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Quote:
Originally Posted by DinosaurThunder View Post
I would be more interested in the inventory and contracts with the local parks over the shop itself. I would then find a more centrally located business location with small retail space/cheap rent.
Unless you have significant online business like GGGT, I think DG retailers are more successful being located near a busy course than just "centrally" located, especially with other retail operations in the metro. Twin Cities has more retail outlets for discs than any U.S. city from what we can determine.
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  #14  
Old 01-29-2015, 03:36 PM
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ThomasOrion ThomasOrion is offline
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Quote:
Originally Posted by Muskiebite View Post
Did I ever tell you about the time I saw the Loch Ness Monster at Kaposia?
THOMAS
-August. There's a knock on the door.
I open it, and there's this cute little
girl scout-

NELLIE
And she was so adorable, with the little
pig tails and all.

THOMAS
-And she says to me, "How would you
like to buy some cookies?" And I said
"Well, what kind do you have?" She had
thin mints, graham crunchy things-


NELLIE
Raisin oatmeal.

THOMAS
-Raisin oatmeal, and I said "We'll take
a graham crunch. How much will that
be?" And she looks at me and she says,
"...Uh I need about tree-fitty."

NELLIE
...Tree-fitty.

THOMAS
Well, it was about that time that I
notice that girl scout was about eight
stories tall and was a crustacean from
the protozoic era.

NELLIE
The Loch Ness monster.

THOMAS
I said, "Dammit monster! Get off my
lawn! I ain't giving you no tree-fitty!"
It said, "how about just two-fitty?"
I said, "Oh, now it's only two-fitty!!
What?! Is there a sale on Loch Ness
munchies or something?!"

NELLIE
Lord, he was angry.

THOMAS
Damn right, I was angry!
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  #15  
Old 01-29-2015, 03:37 PM
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ThomasOrion ThomasOrion is offline
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haah I live right by Acorn (new to the area) and know all about Rice St. area of St. Paul, haha
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  #16  
Old 01-29-2015, 03:40 PM
shawny0123 shawny0123 is offline
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Seems like a steep price for only having $18,000 in included inventory. That's really not that much inventory to be honest.
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  #17  
Old 01-29-2015, 04:12 PM
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steinkecm steinkecm is offline
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Quote:
Originally Posted by shawny0123 View Post
Seems like a steep price for only having $18,000 in included inventory. That's really not that much inventory to be honest.
It's really not -- you assume an average costs of about 6.50 dollars per disc, depending on which manufacturers, obviously, but assuming you have a similar inventory per plastic type, it's only about 2,700 discs. Noticing that he has a number of bags on the wall, baskets and the like, that eats up a ton of that $18,000. So it's likely far less than that.

Either he has incorrectly calculated this, or he runs super thin on plastic. Which is no way to run a business that has so many particular customers.
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  #18  
Old 01-29-2015, 04:20 PM
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As a smart businessman, you reduce inventory as you move into winter in this part of the country (white discs in particular) plus he knew he was going to be selling the business for a while.
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  #19  
Old 01-29-2015, 04:21 PM
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Quote:
Originally Posted by Cgkdisc View Post
As a smart businessman, you reduce inventory as you move into winter in this part of the country (white discs in particular) plus he knew he was going to be selling the business for a while.
Fully aware of this. But then his sale price needs to reflect what it is worth today. Not what it could be worth.
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  #20  
Old 01-29-2015, 04:35 PM
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Business value is typically based on annual sales. Inventory value primarily matters for liquidation.
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