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  1. #1
    I need more cowbell. Digital Gee's Avatar
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    Latest find on ebay...think I should??? :-)

    http://sandiego.craigslist.org/bik/179361084.html


    I meant Craigslist, of course. Duh!
    Visit my blog! The Leadership Almanac
    2012 Masi Evoluzione
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  2. #2
    dck
    dck is offline
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    DG repairing bikes?

  3. #3
    Streetfire HopedaleHills's Avatar
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    POSITIVE CASH FLOW $40,000 +

    Who can live on that?
    Tim
    Singing Do Wah Ditty, Ditty Dum Ditty Do

  4. #4
    a blend of wit and charm Moochers_Dad's Avatar
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    Go look at the store this weekend. I command thee!

  5. #5
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    Could be exciting! Definitely have a look!

  6. #6
    Mmmm, Blue Salsa.... BubbaDog's Avatar
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    It would never work out. Every time someone tried to buy a bike, Gary would grab it back from them screaming "No no no no no, mine mine mine mine mine!"



    B'Dog
    2006 Gary Fisher Marlin MTB
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    2003 Kona Humu Humu Nuka Nuka Apua'A Singlespeed - Gone, but not forgotten
    1998 Diamondback Outlook MTB
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  7. #7
    I need more cowbell. Digital Gee's Avatar
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    Quote Originally Posted by BubbaDog
    It would never work out. Every time someone tried to buy a bike, Gary would grab it back from them screaming "No no no no no, mine mine mine mine mine!"



    B'Dog
    Hadn't thought of that. You're absolutely right.
    Visit my blog! The Leadership Almanac
    2012 Masi Evoluzione
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    Proud member of the original Club Tombay

  8. #8
    Senior Member
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    Now it's a whole LBS

    For a man who seems to revel in viewing, trying, ruminating about a new / other / third bike, my heartfelt suggestion would be to view / try / ruminate on this purchase until the opportunity passes right on by...

    Riding bikes is a better avocation perhaps than actually owning a bike shop full of pedal-worthy steeds. Why run a perfectly good avocation? In my younger days I was going to switch from landscape architecture to music - a wise man gave me this advice about an avocation vs. a vocation concerning music. LA has been a wonderful vocation and I still love music.
    centexwoody
    They're beautiful handsome machines that translate energy into joy.

  9. #9
    I need more cowbell. Digital Gee's Avatar
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    Of course you're right. I wasn't really serious about buying a bike shop; I was amused that it was advertised on craigslist, and then the thought of ME actually buying such a shop gave me a bigger laugh, and that's when I decided to post.

    Me, running a bike shop?
    Visit my blog! The Leadership Almanac
    2012 Masi Evoluzione
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    Proud member of the original Club Tombay

  10. #10
    Mmmm, Blue Salsa.... BubbaDog's Avatar
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    But on the other hand, all of your rides now become 'business expenses'. $7,000 Carbon fiber Madone SSL, here we come!



    B'Dog
    2006 Gary Fisher Marlin MTB
    2004 Salsa LaRaza aka "Mmmm, Blue Salsa" (853 steel is real, baby!)
    2003 Kona Humu Humu Nuka Nuka Apua'A Singlespeed - Gone, but not forgotten
    1998 Diamondback Outlook MTB
    1990 Centurion Cavaletto 'Gaspipe Beater' Roadie
    1978 Volkscycle 'Frankenbike' CroMo Tourer

  11. #11
    Senior Member
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    I knew you were kidding but it IS cool to think about...for me the best part would be hiring these young riders to work there: one each for MTB, CYclocross, Roadriding and then getting to listen/learn from them all the geeky techno stuff that I can never remember anyway.

    And to get to sponsor wonderful charity rides, community events and PIE-EATING CONTESTS with a big sign "GG's LBS loves PIE"
    centexwoody
    They're beautiful handsome machines that translate energy into joy.

  12. #12
    Senior Member
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    The price is over three and half times net cash flow, before tax??????? Was your salary taken out?
    How much is the inventory worth? Any working capital included?

    Unless the inventory is more than the asking price (substantially), and unless you are willing to work for something less than $40,000 per year, I believe I'd pass.

    On the other hand, if you think there might be an LBS in your future, then take a hard look and learn the numbers.

  13. #13
    Senior Member CrossChain's Avatar
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    Suppose we all contribute and own shares in the shop. One of you astute business heads can manage, we can take turns wrenching, no clerk will be pimply or 20Something, Gary can stand at the door as Greeter (a la WalMart), and we'll call it...........Fred's Place: A Shoppe for Bicycles and Advice.

    *** We'll also have a counter that sells pie slices (and "buns" -- whatever they are-- for Brits like Stapfam.)

    Soon enough, we'll franchise.
    Riding and aging don't get easier, you just get slower at slowing down.] (FiftyPlus observation inspired by G. Lemond.)

  14. #14
    Email for new group DnvrFox's Avatar
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    I can just see DG selling a bike!

    "Now be sure and think this over a long time."

    "Don't make a decision too hastily."

    "Have you asked everybody on BFN what they think about the bike?"

    "Hey, I know of a bike just like the one you are interested in - check it out on Craigslist."

    "Be sure to check your family finances - I wouldn't want this bike to be a strain on your budget."

    "I think you can get it cheaper used."

    "Have you looked at every single other similar bike ever made?"

    Yes. DG, the natural born salesperson!
    Last edited by DnvrFox; 07-07-06 at 01:04 PM.
    Gone - email me at dnvrfox@aol.com for new group of old 50+ folks

  15. #15
    Senior Member
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    ha ha ha ha ha - that was a good one, DnvrFox! I started laughing so hard I almost choked on my ham sandwich...if I knew how to make the roly laughing heads, I'd use them
    centexwoody
    They're beautiful handsome machines that translate energy into joy.

  16. #16
    Senior Member dauphin's Avatar
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  17. #17
    Senior Member dauphin's Avatar
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    Quote Originally Posted by BubbaDog
    But on the other hand, all of your rides now become 'business expenses'. $7,000 Carbon fiber Madone SSL, here we come!



    B'Dog
    So yesterday, as I'm out on my training ride...stopped at the pie shop and this guy from the Bay area pulls up in his brand new Audi Quattro with one of these Treks on the roof. I asked him how it was going and he looked shocked that someone riding a $500.00 bike would speak to him. I had no idea how much his bike was going for. I coulda told him that I bought Gary's shop on Craigslist I suppose....

  18. #18
    I need more cowbell. Digital Gee's Avatar
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    Quote Originally Posted by DnvrFox
    I can just see DG selling a bike!

    "Now be sure and think this over a long time."

    "Don't make a decision too hastily."

    "Have you asked everybody on BFN what they think about the bike?"

    "Hey, I know of a bike just like the one you are interested in - check it out on Craigslist."

    "Be sure to check your family finances - I wouldn't want this bike to be a strain on your budget."

    "I think you can get it cheaper used."

    "Have you looked at every single other similar bike ever made?"

    Yes. DG, the natural born salesperson!
    You mean, there's something amiss with these sales techniques???
    Visit my blog! The Leadership Almanac
    2012 Masi Evoluzione
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    Proud member of the original Club Tombay

  19. #19
    The Improbable Bulk Little Darwin's Avatar
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    I used to hang out in Fallbrook at a friend's place when I was stationed at Camp Pendleton... Maybe you should buy the shop and commission a house brand bike in Scarlet and Gold with a name like Semper Fi you could increase sales!

    Then of course you could sell Semper Pie!!!!!!
    Slow Ride Cyclists of NEPA

    People do not seem to realize that their opinion of the world is also a confession of character.
    - Ralph Waldo Emerson

  20. #20
    Pedaled too far. Artkansas's Avatar
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    That may take the fun out of bicycling for you Gary.

    It might be the perfect business for a gal who liked to meet cute Marines though.

  21. #21
    Pedaled too far. Artkansas's Avatar
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    Quote Originally Posted by dgregory57
    Maybe you should buy the shop and commission a house brand bike in Scarlet and Gold with a name like Semper Fi you could increase sales!
    Or just sell em a "Smith and Wesson"

  22. #22
    In Memory of One Cool Cat Blackberry's Avatar
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    Of course you should go for it. The only way you're ever gonna buy a decent bike is to buy the whole damn bike shop. Of course you'll be too busy and too broke to ever ride it.
    Dead last finish is better than did not finish and infinitely better than did not start.

  23. #23
    Senior Member
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    Someone once said -- "How to end up with one million dollars owning a bike shop: Start out with ten million dollars."

  24. #24
    Freewheel Medic pastorbobnlnh's Avatar
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    Quote Originally Posted by CrossChain
    Suppose we all contribute and own shares in the shop. One of you astute business heads can manage, we can take turns wrenching, no clerk will be pimply or 20Something, Gary can stand at the door as Greeter (a la WalMart), and we'll call it...........Fred's Place: A Shoppe for Bicycles and Advice.

    *** We'll also have a counter that sells pie slices (and "buns" -- whatever they are-- for Brits like Stapfam.)

    Soon enough, we'll franchise.
    Hey CC (or is it GG?),

    Can I lay hands on each bike and bless it? Sort of like the Rabbi in a Kosher butcher shop.
    Bob
    Dreaming of Summertime in NH!

    Visit my websites:
    FreeWheelSpa.com orpastorbobnlnh.com

  25. #25
    Senior Member
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    Quote Originally Posted by HopedaleHills
    POSITIVE CASH FLOW $40,000 +

    Who can live on that?
    Our family could live on that quite nicely. Of course we alread own a house, paid for and live frugally.

    The question is, Digital Gee, do you live close enough to the store to commute (bike or car) economically in to work and would the cash flow cover your household negative cashflow?
    I . . can . . . doooo . . . it

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