Interesting Items Formerly on eBay
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Post Posted: Wed Oct 24, 2007 11:45 am 
 

Deadlord39 wrote:He'll never sell it. He's asking a stupid amount for it, and it is a money pit, as most game stores are. He CLAIMS it has $5K in sales per month, but that is SALES, not profit.


It should also be pointed out that $5k in sales breaks down to an earth shattering $167 a day in a 30 day month.  8O At least you'll have lots of free time... :lol:


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Last edited by bclarkie on Wed Oct 24, 2007 12:37 pm, edited 1 time in total.
  

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Post Posted: Wed Oct 24, 2007 11:47 am 
 

What is a Chaosium? Is that like a nurgling, but cooler? Heheh.


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Post Posted: Wed Oct 24, 2007 12:33 pm 
 

dsaunders wrote:
"Our average sales are just around $5,000 dollars a month. With a little more advertising you could send this number higher."

gee, i wonder why they're going out of business.  i've been to wilmington several times, and activley looked for a gaming store and couldn't find one... :roll:


$5000 is pathetic, even with a 40% margin he would net only $2000.  After Rent, utilities and employees this guy is losing money every month.  $300,000 is a joke to buy a money losing business.  Auctions like this give Ebay a bad name


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Post Posted: Wed Oct 24, 2007 12:41 pm 
 

Blackmoor wrote:
$5000 is pathetic, even with a 40% margin he would net only $2000.  After Rent, utilities and employees this guy is losing money every month.  $300,000 is a joke to buy a money losing business.  Auctions like this give Ebay a bad name


Oh c'mon know surely you must be kidding.  At $167 per day in sales you don't need any employees.  :P


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Post Posted: Wed Oct 24, 2007 2:31 pm 
 

Being from Toronto, I had assumed the $300k figure included the actual building as well.

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Post Posted: Wed Oct 24, 2007 2:54 pm 
 

I notice that it's now been edited so that it now says that an additional $25,000 was put into the shop after it opened, as opposed to the original $100,000.

Colour me (more) suspicious.

Hrm, that is a good question: what is the normal cost of starting up a gaming shop?  After all, he lists the physical assets at $86,000, so we can likely assume that an additional $64,000 of non-physical assets went into the $150,000 he lists as store startup costs.

  

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Post Posted: Wed Oct 24, 2007 2:57 pm 
 

deimos3428 wrote:Being from Toronto, I had assumed the $300k figure included the actual building as well.


In Moncton, for $320,000 you can get a downtown 3 story building with street level storefronts.
Combination game store/rental property for that amount of money...  :D

http://matrix.cwlepage.com/user/website ... sID=269866


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Post Posted: Wed Oct 24, 2007 3:22 pm 
 



That the building Attic Owl used to be in?

  


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Post Posted: Wed Oct 24, 2007 3:28 pm 
 

jasonw1239 wrote:
In Moncton, for $320,000 you can get a downtown 3 story building with street level storefronts.
Combination game store/rental property for that amount of money...  :D

http://matrix.cwlepage.com/user/website ... sID=269866


Well, there ya go.  Similar listing (now sold) in downtown Toronto: $2.1 million.

http://www.boylecommercial.com/downloads/272Rich.pdf

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Post Posted: Wed Oct 24, 2007 3:35 pm 
 

Blackmoor wrote:
$5000 is pathetic, even with a 40% margin he would net only $2000.  After Rent, utilities and employees this guy is losing money every month.  $300,000 is a joke to buy a money losing business.  Auctions like this give Ebay a bad name


You know, I skipped over that when I first read it.  I almost make that myself in a pretty good month. What a frikken loser  :lol:

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Post Posted: Wed Oct 24, 2007 3:50 pm 
 

I offered him $500 for the lot. I might be able to get a flame war going. I'll just keep offering more in increments of $10 till he responds.


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Post Posted: Wed Oct 24, 2007 3:53 pm 
 

g026r wrote:
That the building Attic Owl used to be in?


Yup, that's the building on Main Street right beside the train bridge and across the street from the Atlantic Lottery building.


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Post Posted: Wed Oct 24, 2007 4:48 pm 
 

Badmike wrote:
You know, I skipped over that when I first read it.  I almost make that myself in a pretty good month. What a frikken loser  :lol:

Mike B.


I am sure your margin exceeds 40% Mike :)


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Post Posted: Wed Oct 24, 2007 7:14 pm 
 

Here's his reply:

500 dollars is not even remotely close to an offer that is going for $300,000 dollars. The answer is NO

So I sent him an offer for $600.


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Post Posted: Wed Oct 24, 2007 7:15 pm 
 

Deadlord39 wrote:Here's his reply:

500 dollars is not even remotely close to an offer that is going for $300,000 dollars. The answer is NO

So I sent him an offer for $600.


:lol:  :lol:  :lol:


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Post Posted: Thu Oct 25, 2007 12:04 am 
 

Deadlord39 wrote:Here's his reply:

500 dollars is not even remotely close to an offer that is going for $300,000 dollars. The answer is NO

So I sent him an offer for $600.


Not Nice but very funny :lol:  :lol:  :lol:


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Post Posted: Thu Oct 25, 2007 12:10 am 
 

I guess I'm a dolt, but why should a potential investor have to buy all the junk that guy is selling? Should they not be able to say "look, I don;t want your crappy shelving or advertisements" and cut out all the "cost" for that? Seems to me what I'd do, if I were interested (which I'm not and couldn't afford even if I were.)


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Post Posted: Thu Oct 25, 2007 3:13 am 
 

Hi,

what it does do is make me jealous of how big your games shops are.

I can't think of ANY in the UK near that size.

Shows the difference in rents I guess.

On a separate note, for a gamer who (presumably) reads books, the English in that ad is appalling.

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