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 pdspecl

My first audio purchases 20 plus years ago were through audio stores. I found it to be a mixed bag so to speak.
Some audio dealers were helpful while others simply knocked down my current gear with the sole intent of selling me their gear. I started loosing interest in going to dealers and then the internet came along....Audiogon. I have not been to dealer since and do not plan to either. Times are hard and most folks are trying to figure out how to strecth their dollars. Buying used equipment through Agon... other websites only makes.

Years ago I had a neighbor who owned an audio store for 40 plus years. He's now retired. He mentioned carrying product lines that were more profitable versus better sounding. Makes sense from a business perspective. It made me realize I had to do my own research versus trusting a salesman at a dealership. I'm thankful for the internet and audio websites.