Hardman Peck

[Will Truitt]

Then go for the Gusto.

 

Will

 

From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of Shawn Brock
Sent: Friday, October 24, 2008 6:35 PM
To: Pianotech List
Subject: Re: Hardman Peck

 

Will,

 

I think people are misunderstanding my intentions here.  I have never had
any intentions of going into piano retail, I'm 99 percent technician.  I am
just looking at carrying between 1 and 3 pianos at a time.  Yes the Hardman
Peck is Chinese.  We are talking about uprights that start at $1300
wholesale.  So I don't know that it would be a major business risk for me.
After all, I have sold used pianos that I have had as much money in.  The 2
things that makes it easier for me to move product is I can play it and I
can work on it.  People seem to trust and respect you more when you can do
one or the other or both.  The dealers here can't do either vary well.  I
think you guys are correct in your thinking, but I don't think you got a
clear perception on what I was trying to ask.  Sorry for my lack of clarity.
So, that's the bottom line, I'm just looking to shove a few pianos into the
back of my shop and get rid of them as I can.  Gosh!  I would never want to
get a retail space...  

 

Best,

Shawn Brock, RPT

513-316-0563

www.shawnbrock.com

----- Original Message ----- 

From: Will Truitt <mailto:surfdog at metrocast.net>  

To: 'Pianotech List' <mailto:pianotech at ptg.org>  

Sent: Friday, October 24, 2008 6:37 PM

Subject: RE: Hardman Peck

 

Shawn:

 

In general, I agree with Wim.  I was a Baldwin and Young Chang dealer for 7
years  until 2002.  I never worked so hard for so little money and so much
risk.  And that was when the market was still good, a low volume, high
margin business, whereas  now it is an even lower volume, low margin
business.  

 

I would ask you this:  If these well positioned and experienced dealers
can't make it work in this economy, what do you bring to the table that
would lead you to believe that you will have a different result?  If you
want to go ahead anyway, buy  one or a very few with cash and be able to let
that money sit in those pianos for as long as it takes to sell them.  That
may be longer than you think.  I don't know the Hardman Peck (probably
Chinese?), but I would say only that it has no name recognition and the name
won't be meaningful to your potential buyers.  What is your business plan to
market these pianos?

 

I don't mean to rain on your parade.  I can tell you that in this market, I
have no desire to be a piano dealer again.

 

Best wishes,

 

Will Truitt

 

 

 

From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of wimblees at aol.com
Sent: Friday, October 24, 2008 2:28 PM
To: pianotech at ptg.org
Subject: Re: Hardman Peck

 

Shawn

Unless you have the capital to buy them outright, I would not recommend you
get in the new piano market, even on a limited basis. It looks glorious, but
in the long run, it will drive you out of business.  For what you have to
pay for the new pianos, and make a profit, you'll be money ahead if you
bought used pianos with that money. And I would definitely stay out of the
new piano business if you have to finance them. The interest will kill you.
Stay with the used market for now.

Take it from someone who's been there, done that, and lost his shirt. 

Willem (Wim) Blees, RPT
Piano Tuner/Technician
Mililani, Oahu, HI
808-349-2943
Author of: 
The Business of Piano Tuning
available from Potter Press
www.pianotuning.com



-----Original Message-----
From: Shawn Brock <shawnbrock at fuse.net>
To: Pianotech List <pianotech at ptg.org>
Sent: Fri, 24 Oct 2008 9:04 am
Subject: Hardman Peck

List:

 

in this sputtering economy and with every piano dealer in Cincinnati crying
about not making the capital to stay afloat I'm looking for something new to
add to my arsenal.  That something is new piano sales.  For a while I have
been picking up used pianos to push out the door as rentals or in the case
of the nicer instruments good old cash on the barrel head.  I would like to
pick up new pianos that are decent but not priced unrealistically, or are
not junk!  Anyone have thoughts on the Hardman Peck?  You can email me
privately if you like.  Most of the economical piano lines are taken for a
while, but these guys have an opening and I need to decide something fairly
soon.  I know I have worked on a few of these, but its just that, a few and
I would like to get the thoughts of some of you who might be more
experienced with this product.  How do they compare with Hallet Davis or
other similar lines? ! ; Thanks as always!

 

Shawn Brock, RPT

513-316-0563

www.shawnbrock.com <http://www.shawnbrock.com/> 

 


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