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Thread: Toy store for sale
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Old 01-20-2012, 10:59 PM   #13
thechris
Etherian Panty Inspector
Join Date: Jun 2011
Location: the Frozen North
Posts: 2,156
This is an inventory buy out. Not bad, but not great. Would've been a better offer if it wasn't just an inventory buy out and he was handing over ownership of the entire store and the lease to the space. That at least would shave a few dollars off the toys, otherwise we're still buying a lot of these items at least a little above cost. Owner is clearly trying to offload the items at a small profit or break even on the cost but isn't really a smart move if he has no alternative storage and it would be even worse if he had to pay for storage, it would ultimately shave off his profits on his lot. Probably cost 3 or 4hundred to store all of this. It's silly. It's like those eBayers who relist a toy only worth $10 for $25 each week. Nobody buys it and they end up having to pay listing fees on it again everytime it doesn't sell. One of the places I worked at years back sold collectible miniatures and every month that stuff didn't sell, we lost thousands in listing costs until they had to close it down.
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