Starting my showroom again


 

Hello, audiophiles. I would like to get your honest feedback. Back in 2022, I had to close my business in Nashville owing to a series of unexpected occurrences (several deaths in the family, a rapid move to assist my mother-in-law, and a brain operation); all of this necessitated that I close the store in a matter of weeks. It was now a two-hour trek to Nashville. I worked as a glorified gate operator at a chemical company because that is all was available in our small town. I received an opportunity to become national sales director for an audio company, which would provide some income—not much, but enough to go back into the hifi business at the bottom level.

 

 

 

So now you know the incredibly brief version of the story. Here's the question: there is a little town about 30 minutes away that is booming and gaining more expensive retailers like Ulta and StarBucks. So here's the question.

 

Do you believe a small town like that might support an up-and-coming hifi business that sells receivers, speakers like PS Audio, KEF, and other manufacturers at a lower price point until the store can handle more expensive items? The closest "electronics store," Electronics Express, is nearly an hour and a half away. I have had an audio shop since 2003, beginning in Florida. Thoughts?

 

nashvillehifi

Showing 4 responses by luvtubes69

High end audio is a dying market. Better off playing the lotto or going to Vegas and putting it all on Black.

@decooney Just look at the current market and how companies are closing, being sold and consolidation. This market (high end) is deteriorating whether it is published stories in a headphone rag or not.  11% CAGR thru 2029 is projected being driven in Smart Speakers, Sound Bars and Personal Audio not High End. 

I do hope they are wrong but the trends are negative for Hi-End/Audiophile EQ.