MUST SELL! full frame shop

BILLIE BOB

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Jun 6, 2004
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TEXAS... THE GREATEST STATE
I have listed this once before but I really, really need to sell it now. I was asking $70,000 but I am willing to take $45,000. This would be perfect for someone in the Spring, Kingwood, Humble, Atascocita, Texas area because I have a customer list. Traing also avaiable it purchase in the Houston, Texas area. Here is the list of equipment, fixtures, inventory, supplies, and etc:

Fletcher 3000 wall glass cutter
Oval Mat Cutter
48" Mat Cutter
Cassesse
Master Mount 500 dry mount press
Computer 1
Computer 2
networking
Fullcalc-framing software
Wood/Glass display case
Glass display case-small
3 teir display shelf
cherry print racks-med.
cherry print racks-large x7
cherry print racks-small
white poster bin
white matted print bin
Inventory
Print
Limited Edition
Framed Art
Other
Other Display
Metal Print Bins-6
Fillet Chopper
Print Sleves-400+
Large print sleves
Joing Vise-2
Framing Supplies
Length Moulding
Customer list
Eclipse credit card machine
miter saw w/measuremnt arms
Black book of vendors

I will not break up! If interested or have any questions please call me at 832-326-0156
 
Just curious if anyone knows why i would be having a hard time selling all this.. i dont want to break it up... but some advice would be very helpfull.. The price is a very very good deal... just need to sell it fast and dont know what else to do..
 
ok.. i agree on that if you just added up the equipment.. but i still have about 50,000 worth of inventory...
 
It will be a miracle if you sell it all at one time because of a lot of reasons.

$50,000 is to much to sink into used equipment.

It would help if you listed each sale price and original price.

Generally speaking, most shop owners would want to select their own art. You might have some art they like, but undoubtedly they won't like all of it.

They will want to make their own framed art.

All of your equipment is used which GREATLY diminishes the resale value.

Sellers who try to sell all at once often end up going to auction with it. You'll get a GREAT deal more for each item if you sell them separately rather than going to auction.

I know you spent years compiling it, but your little black book of suppliers has practically zero value. It is easy today, with computers, to find suppliers.

I've done this, so I've had the experience. No way would I do it for a lump sum....well, maybe if it included in a CMC.

Good Luck. Let us know how it goes. It is an experience that is seldom talked about. It would be great info to share.
 
Look at it this way. If you had $45K to open a shop, which would be the better way to go? Buying or leasing new equipment and art inventory that is current, or buying a bunch of used equipment, old inventory, furnishings and fixtures of an unknown quality (granted they may be wonderful, but how do we know?).

There is no value added to your offer because you are not selling an on-going business, just the parts. You have already broken it up by removing the client list and a secure lease.

The art inventory may not have any residual value. If it does, you might be better off selling it piecemeal on eBay.

Used equipment is just that. There are a number of used picture framing equipment dealers that will buy that part from you, but they will offer you about half the fair market value, which really isn't all that much.

Your furnishings and fixtures are also a bit a of a liability. It could cost someone more than they are worth (again, a current market value, maybe 25% of what you paid for them if they are in good shape) to move them from your current location to theirs.

You're need for expediency in the sale is not a strong position to expect top dollar. A fire sale is a fire sale, and anyone willing to buy the lot will want a bargain basement price.
 
it is hard for most people to come up with that type of money. when you want to sell that much, people want it cheap. some will buy the lot for a good price then break up the pieces themselves. they can keep what they really need then get rid of what they don't. however doing this is dangerous and it takes someone with connections. you also have to be kwite wise as to what one may get after they made such a large investment. i think if you offered each item up on here or ebay you would get bidders. dont forget that pictures tell the story. they will help you to get a better price for the items.

i know this is a longer process then you probably wish to go through. good luck and maybe try calling some of the used ekuipment vendors. unfortunately it will be even less money then you wish to get for these items. actually there is a gentleman on here that works for one of these companies...is it pcasio? check it out he seems nice and knowledgeable.

d
 
We did buy used equipment from a shop that had gone under when we started. It was about 10% of what you're asking....and the list was very similar (plus a morso chopper).

If you have a large selection of limited edition art, I would do the ebay thing and hope that you get better than wholesale.

Selling the inventory as a whole, I would think that you will be lucky to get 10 cents on the dollar. If it didn't sell for you, no one would be willing to offer 100% of the wholesale price on the chance that it would sell for them.

Why don't you list each piece of equipment, age, condition, retail price and selling price that you want. Chances are a lot better that you'll sell individual pieces for a fair price than someone coming up with $45,000 for all.

Good luck
 
well i could have sold the equipment 13 times already... but i am afraid i have a better chance selling the inventory if i have the total package.
 
I keep hearing you use the word "inventory", but don't say what it is. The inventory can make or break the deal.

In some areas Terry Redlin would sell the deal, somewhere else, he's toilet wall paper. Same for Kinkaid secondary market.

There is a couple in California who think they are sitting on a gold mine of early Bev Dolittle....
they ain't that early and all of the editions are over 100,000 . . . worth less than Kinkade.

So you might want to take a look at what your "inventory" is worth by looking it up on ebay and then you can get a better feel for why you still are the proud owner.

Now if you are interested in buying a few early Otsuka's......
 
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