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?

 

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Showing 1 response by mswale

That is a hard question to answer, are you just looking for validation or really asking?

What else is in the town? What is the demographic? What are the income levels? House princes/sizes? What is the area's disposable income like? Is there a thriving downtown? Where do you want to locate yourself? Busy area with walking traffic, or a destination spot? Any other competition in the sounding area?

Think I would talk to local record stores, and repair shops. Anything else that is "electronics" What kind of store do you want? Just new 2ch, or mix of new and vintage with a repair side? Do you want to sell media as well? As others have said, the main thing now is sound bars and home theater.