<HTML><FONT FACE=arial,helvetica><FONT SIZE=2>In a message dated 8/26/01 9:25:44 AM Central Daylight Time,
<BR>mfarrel2@tampabay.rr.com writes:
<BR>
<BR>
<BR><BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">COMPLETELY rebuild an old
<BR>upright and make a profit selling it for $7,500.</BLOCKQUOTE>
<BR>
<BR>Two things
<BR>First of all, is he finding buyers for the $7500 piano? I have no doubt that
<BR>a reconditioned piano like you described might sound like a new Yamaha or
<BR>Baldwin,. but I doubt if there are many people who are willing to fork over
<BR>this kind of money for an instrument like that.
<BR>
<BR>The other thing is the actual "profit" that this technician is making. Yes,
<BR>he is able to sell the piano, but after paying for the parts, has he really
<BR>made a "profit." He will have made money over and above the parts, but is
<BR>that really a "profit?" I consider a profit only after not only he parts have
<BR>been paid for, but also my labor, my retirement, my taxes, etc., have bene
<BR>paid for.
<BR>
<BR>Doing a quick calculation, I would charge a customer $6900 to do all the work
<BR>you mentioned, except replace the pin block and sound board. Since I don't do
<BR>that on uprights, I don't have a price for that. But with the amount of work
<BR>involved with that, I would have to add at least $3000 to my price.
<BR>
<BR>So in that case, I come with a little less that $10,000. This includes the
<BR>built in profit for the work I do for customers. I think the technician is
<BR>"making" money, but not as much as he thinks he is.
<BR>
<BR>Willem </FONT></HTML>