Can't sleep
Feb. 5th, 2007 04:24 amI know that everybody on my Friends List would love to see me open a Comic Book Store, but how many of you would put money on it?
I've got a few Co-Werkers who just might want to help me open up a store. And so all the numbers are just rushing through my head keeping me COMPLETELY awake and unale to function.
I still want to put it in Anacortes because that town is sorely lacking in activities for The Young (unless you like to drink or skateboard). Typical small tourist town, it's a place where old rich people go to die that has recently seen an influx of Yuppie Families.
We drove down Commercial Avenue last night at around 10pm looking for vacant retail storefronts, and we found 4 or 5 of them with "For Rent" signs in them so I'll be calling to find out what the rent is like. Also need to find out aproximately how many kids are in the Anacortes school system, advertising rates for the Anacortes American (the local weekly paper), average monthly cost of new product, cost of insurance, licensing, utilities... it's all a pretty good way off, but I'm of course once again excited to see the possibility in front of me!
And
khristle is being very supportive :)
So the start-up cost is gonna be 1 year of rent/utilities + 1 year of Product + $2000 for shelving, cash register and electronics + the two storage units of STUFF I've got sitting in Lynnwood just waiting to become the back-stock of a comic store. Early estimates (without any ACTUAL numbers in front of me) is $30k.
And to think I did it "Back In The Day" for just under $5k!
I've got a few Co-Werkers who just might want to help me open up a store. And so all the numbers are just rushing through my head keeping me COMPLETELY awake and unale to function.
I still want to put it in Anacortes because that town is sorely lacking in activities for The Young (unless you like to drink or skateboard). Typical small tourist town, it's a place where old rich people go to die that has recently seen an influx of Yuppie Families.
We drove down Commercial Avenue last night at around 10pm looking for vacant retail storefronts, and we found 4 or 5 of them with "For Rent" signs in them so I'll be calling to find out what the rent is like. Also need to find out aproximately how many kids are in the Anacortes school system, advertising rates for the Anacortes American (the local weekly paper), average monthly cost of new product, cost of insurance, licensing, utilities... it's all a pretty good way off, but I'm of course once again excited to see the possibility in front of me!
And
So the start-up cost is gonna be 1 year of rent/utilities + 1 year of Product + $2000 for shelving, cash register and electronics + the two storage units of STUFF I've got sitting in Lynnwood just waiting to become the back-stock of a comic store. Early estimates (without any ACTUAL numbers in front of me) is $30k.
And to think I did it "Back In The Day" for just under $5k!
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Date: 2007-02-05 01:07 pm (UTC)Best of luck!
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Date: 2007-02-05 01:11 pm (UTC)no subject
Date: 2007-02-05 05:22 pm (UTC)no subject
Date: 2007-02-05 05:42 pm (UTC)Here is a friendly critique of the old to help with the new. Your store back in the day gave the impression of a garage sale. Stuff was everywhere and it felt really uncomfortable. I like to go into a comic store and see comic books on display. I always felt I was surrounded by white boxes. It also had that old comic book smell which I find really unpleasant. I also remember several times I went when you were supposed to be open and you weren't.
My wife has a degree in business management and she has taught me a TON about how to run a small business and I have years of management experience in all aspects of running one. If you want advice, let me know.
As for fixtures, I highly recommend http://myworld.ebay.com/washington-state-surplus
This is a Washington State surplus auction which is in Auburn. You can go and look at the stuff and it goes for DIRT CHEAP. You pick it up yourself so there is no shipping charges. They bought all my shelves when my game store was cancelled a couple years ago. They are awesome to work with.
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Date: 2007-02-05 05:44 pm (UTC)no subject
Date: 2007-02-05 09:52 pm (UTC)no subject
Date: 2007-02-05 09:56 pm (UTC)no subject
Date: 2007-02-05 10:24 pm (UTC)Now to address the business limitations of Anacortes... you know why those store fronts are empty in Anacortes? Look at what businesses were in there: A retro clothes shop; and Antique Store; a Kite Shop; An art gallery/Framing Shop; and a place that sold hand-lettered calligraphy.
None of those stores belongsd in Anacortes for various reasons; from over-saturation of the local market to just plain old bad ideas that didn't play to the strengths of Anacortes. There are four major revenues in Anacortes, one of which remains untapped to this very day:
- Street Festivals (Arts & Crafts, Shipwreck Day, Tulip Festival)
- Traffic from the Ferry (1-hour tourists)
- Fixed-income families
- One of the finest Public School Systems in the United States
It' that LAST group that needs to be tended to! There's a copuple thousand kids in Anacortes that have nothing better to do than skateboard, watch TV, take drugs and/or have sex. As I found when I opened my last store, all the kids in that town need is a place to explore different options. They need a hands-on, interactive environment to see that there IS more to life than working at the cannery and using your paycheck to get drunk.When I opened my shop, the only customer-base I was targetting were the "Grandkids". Anacortes is a lovely place for old rich people to go and die, and they all had Grandkids who would visit in the Summer and be bored to tears. But NOW, over recent years, Anacortes has grown to include more "Yuppie" families than ever before! There's a whole new generation of iPod wearing, internet-surfing, MMORPG-playing kids just waiting to give the "Old Skool" nerdiness a try! And I am more than happy to give them the hook-up.
So whereas all those other businesses that have come and gone catered to just one or two streams of revenue, a Comic/Gaming store caters to all 4 (I'd go in o that with greater detail if I had time right now, but I gots to get going).
Thank you SO VERY MUCH for the input and feedback! This is the exact type of stuf I need to hear so I can solidify my business plan! THANK YOU THNK YOU THANK YOU! Keep it coming!
Oh, and as far as the "Old Comic Book Smell" is concerned? That's like an aphrodesiac to me! Do I really need o get rid of it :(
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Date: 2007-02-05 10:25 pm (UTC)no subject
Date: 2007-02-05 10:26 pm (UTC)no subject
Date: 2007-02-05 10:28 pm (UTC)no subject
Date: 2007-02-05 10:33 pm (UTC)I've been building my rep within the industry for over ten years now, after all :)
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Date: 2007-02-05 10:38 pm (UTC)Another thing to consider with opening the store is location in relation to home. My brother lives in Anacortes and works in Mill Creek. He spends thousands of dollars a year on gas and maintenance for his car. He also rarely gets to see his 3 kids.
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Date: 2007-02-05 10:40 pm (UTC)no subject
Date: 2007-02-05 10:44 pm (UTC)no subject
Date: 2007-02-05 10:51 pm (UTC)no subject
Date: 2007-02-05 10:53 pm (UTC)So is that Bud that orks in Anacortes and drives to Mill Creek? Last I saw him he was managing Value Village...
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Date: 2007-02-05 10:55 pm (UTC)The more I've been thinking about it, the more I realize that it can' hurt to at least take a peek :P
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Date: 2007-02-05 10:59 pm (UTC)If you set it up and need someone to run Warhammer tournaments let me know and I'll be right there :D
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Date: 2007-02-05 11:24 pm (UTC)no subject
Date: 2007-02-05 11:42 pm (UTC)no subject
Date: 2007-02-05 11:45 pm (UTC)no subject
Date: 2007-02-06 01:01 am (UTC)no subject
Date: 2007-02-06 03:51 am (UTC)But if I ever win the lottery.....
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Date: 2007-02-08 01:07 am (UTC)no subject
Date: 2007-02-08 02:20 am (UTC)The thing that really seperates my shop from other shops is that we're going to be more than a comic shop... we're gonna be an EVENT. Sponsoring the geekier groups at the High School, running contests, drumming up interest in this wonderrful thing known as The Comic Book!