That may be true, Dean. Especially if the former tuner charged $XX, and you charge $XXX. TODD PIANO WORKS Matthew Todd, Piano Technician (979) 248-9578 http://www.toddpianoworks.com --- On Fri, 4/16/10, Dean May <deanmay at pianorebuilders.com> wrote: From: Dean May <deanmay at pianorebuilders.com> Subject: Re: [pianotech] Value of Client List To: pianotech at ptg.org Date: Friday, April 16, 2010, 8:26 PM You could also call the bluff. Invite her to sell it for whatever she can get, then split it. The value of a tuning business has been discussed here many times. The consensus seems to be that it really isn’t worth much. No area tuner wants to buy it, as they know they’ll eventually get the business anyway. I speak as someone who took over a business 25 years ago. He initially wanted a lot of money. I finally offered $5 the first time a customer scheduled, after that they were mine. I was to pay him in $100 increments. I never got to the second $100. People do not like to schedule with a new tuner who is working a different tuner’s card file. I’d recommend searching the archives for previous discussions. Use them and these responses to bolster your case that though it may generate you a lot of income, it is not a very marketable business. Anecdotal emails from the archives should provide sufficient evidence to demonstrate this. Dean Dean W May (812) 235-5272 PianoRebuilders.com (888) DEAN-MAY Terre Haute IN 47802 From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf Of paul bruesch Sent: Friday, April 16, 2010 12:52 PM To: pianotech at ptg.org Subject: Re: [pianotech] Value of Client List I imagine this is a matter of values of all (marital) assets and values of all (marital) liabilities being laid on the table for the splitting ax, to determine who pays whom how much and what color... unless of course she is a tech, also, and who has not grown her clientele by the same amount. He really needs a very very good atty. At least as good as hers. Paul Bruesch Stillwater , MN On Fri, Apr 16, 2010 at 4:52 AM, Don <pianotuna at accesscomm.ca> wrote: Hi Michael, Give her 1/2 the client list from post marriage days (i.e. 1/4 of total list). She can "sell" it to whomever she wishes, or service the clients herself. Have an "end of business sale" and give her 50%. Re-open under the same name, in the same location, if you wish to continue to run the store. At 06:30 AM 4/16/2010 -0700, you wrote: > The client list is not being sold to an outside party. Soon to be 'X' >contacted a well known RPT, and was given a 'formula' as to setting a >value, $50K, which is very unrealistic IMHO. This is why I used average >income over several years. To further complicate this, half of the clients >I brought into the marriage. With the subsequent opening of a retail piano >sales store together, and due to advertising and high profile over 10 >years, the list doubled. Besides the average income produced idea, I aim to >contend that 1/2 of clients were my previous, before marriage property. And >that I 'own' 1/2 of all the new clients, she the other half, or one quarter >of the total. Hope this sheds some more light to the situation. > >Michael > > > > > The New Busy is not the too busy. Combine all your e-mail >accounts with Hotmail. Get busy. No virus found in this incoming message. >Checked by AVG - www.avg.com Version: 9.0.801 / Virus Database: >271.1.1/2813 - Release Date: 04/15/10 12:31:00 Regards, Don Rose, B.Mus., A.M.U.S., A.MUS., R.P.T. Non calor sed umor est qui nobis incommodat mailto:pianotuna at yahoo.com http://www.donrose.ca/ 3004 Grant Rd. REGINA , SK , S4S 5G7 306-539-0716 -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://ptg.org/pipermail/pianotech.php/attachments/20100416/91f242a1/attachment-0001.htm>
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