Another audio dealer closes his shop


After being in business for 35 years audio and video dealer GNP of Pasadena, California closes it's doors. The owner told me he has to sell 30k a month in goods just to break even. He says it's not worth being in business just to break even.
taters

Showing 1 response by brauser

Over the past 30 years or so in the Dallas/Ft. Worth area I have seen high-end dealers come and go at an amazing rate. Only a very few have managed to stay in business, and I believe the reason they have been able to do so is the expanding Home Theater market. There is still enough complexity and mystic surrounding the implementation of a first rate installation to warrant, in the customer's mind, the added expense of buying new and having professional assistance in set-up. Even so, these days may be coming to a close as you can hire expert installers who do not have an investment in 'bricks and mortor' and could care less what type of equipment you may have. High-end audio is a tough business and future for the traditional small business owner model does not look good and may in time pretty much disappear altogether. For myself, I consider it already 'six feet under'.