Feeler: Bike Shop Tool Liquidation

[FortySixMac]

Sold off my bike shop awhile back and still have a litany of bike tools. Have them listed on various platforms but wanted to see if there is any interest here?

BEFORE the price police arrive and fuckin’ roast me, I haven’t made any changes to reflect mag pricing as I just want to gauge interest. And, full disclosure, if you own or work in a bike shop and can buy your tools for wholesale cost from QBP or BTI, you should do that instead.

Link to google sheet with data:

https://docs.google.com/spreadsheets...0wgvw/htmlview


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[alfajores]

Home mechanic here and interested in some stuff.

Where are you located these days?

[FortySixMac]

Home mechanic here and interested in some stuff.

Where are you located these days?

Colorado Springs


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[stuckathuntermtn]

You don't have any chain whip pliers, huh?

[jm2e]

According to most mags, you could replace just about every tool on that list with some sweet Knipex pliers.

[stuckathuntermtn]

According to most mags, you could replace just about every tool on that list with some sweet Knipex pliers.

That's too funny because I got myself a couple of those. The 12" is beefy.

[alfajores]

Colorado Springs

Well hot damn. I am up in Denver

[Roxtar]

Sold off my bike shop awhile back and still have a litany of bike tools. Have them listed on various platforms but wanted to see if there is any interest here?

BEFORE the price police arrive and fuckin’ roast me, I haven’t made any changes to reflect mag pricing as I just want to gauge interest. And, full disclosure, if you own or work in a bike shop and can buy your tools for wholesale cost from QBP or BTI, you should do that instead.

Link to google sheet with data:

https://docs.google.com/spreadsheets...0wgvw/htmlview


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Sorry but kinda gotta do some roasting here.
10% off MSRP hardly deserves the word "liquidation".
Hard to gauge interest if you don't include actual pricing if different from your list

[adrenalated]

I'd likely be interested in some stuff off that list if the mag pricing is more like 50% of MSRP.

[Duffman]

Ditto

[FortySixMac]

Well hot damn. I am up in Denver

Nice! Let me know if anything is of interest and we can work out pricing lower than the google sheet.


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[FortySixMac]

Sorry but kinda gotta do some roasting here.
10% off MSRP hardly deserves the word "liquidation".
Hard to gauge interest if you don't include actual pricing if different from your list

Disregard this reply, wrong person


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[FortySixMac]

According to most mags, you could replace just about every tool on that list with some sweet Knipex pliers.

Knipex and a hammer!


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[FortySixMac]

Sorry but kinda gotta do some roasting here.
10% off MSRP hardly deserves the word "liquidation".
Hard to gauge interest if you don't include actual pricing if different from your list

Man really not sure on mag pricing for this stuff. Interested in your opinion.


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[Roxtar]

Man really not sure on mag pricing for this stuff. Interested in your opinion.


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I actually liquidated a bike shop 5 years ago. 50% off is a good starting point on tools

[jm2e]

We’re friends with a couple who owned a little bike park that closed down. The wife spent the next 18 months selling off every tool, Tshirt, and helmet for a few bucks off retail prices and. Tight is how she ran the business when it was open and that’s how she insisted on squeezing it long after it was dead. Would never occur to her to cut her losses.


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[FortySixMac]

We’re friends with a couple who owned a little bike park that closed down. The wife spent the next 18 months selling off every tool, Tshirt, and helmet for a few bucks off retail prices and. Tight is how she ran the business when it was open and that’s how she insisted on squeezing it long after it was dead. Would never occur to her to cut her losses.


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Honestly sounds like a successful close out if she had the patience and tenacity to still make a profit for almost two years on.


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[Roxtar]

Honestly sounds like a successful close out if she had the patience and tenacity to still make a profit for almost two years on.[/url]

And if that's your goal, knock yourself out. Ebay away for the next several years.
If you actually want to liquidate in a timely fashion, 10% isn't going to do it.

Definitely not here.

Curious, if 10% is your idea of "closeout liquidation", what did you consider a "sale" to be when you were open?

[Dee Hubbs]

I actually liquidated a bike shop 5 years ago. 50% off is a good starting point on tools

50% off wholesale price right?

[Core Shot]

So many haters.

If you don’t buy from your LBS instead of the webs, then the LBS will close. Oh. Wait. Here we are.

Side rant. Hate it when my lbs sells small supplies for 20% plus over msrp. I want to buy from you but fuck that shit.

[singlesline]

My LBSs don't exactly stock a huge range of tools. And they also all offer 10% off to members of the local trail organization on parts/accessories (which I believe includes tools)

And if that's your goal, knock yourself out. Ebay away for the next several years.
If you actually want to liquidate in a timely fashion, 10% isn't going to do it.

Definitely not here.

Curious, if 10% is your idea of "closeout liquidation", what did you consider a "sale" to be when you were open?

REI will sell you most of these tools for 20% off multiple times a year, brand new with a great return policy. Or 10% off any day of the year via the member dividend (and I don't know anyone who has ever had trouble spending their dividend...so that's almost as good as cash).

It is not like I'm seeing a bunch of tools on here that are hard to source for consumers...

[toast2266]

My general rule for any use-but-in-good-shape item for sale is that, if I got it for wholesale or proform, I'll sell it for roughly what I paid for it. Sometimes less. That goes for tools or any other product.

Buying things at wholesale and then selling them at retail is called "operating a business." But that's entirely different than selling used stuff to random people on the internet.

[FortySixMac]

And if that's your goal, knock yourself out. Ebay away for the next several years.
If you actually want to liquidate in a timely fashion, 10% isn't going to do it.

Definitely not here.

Curious, if 10% is your idea of "closeout liquidation", what did you consider a "sale" to be when you were open?

I am working on adjusting to closer to 50% off MSRP or the wholesale price for mag pricing.

I appreciate your feedback. I’m going to just take your curiosity in the 2nd part as sarcasm and move on from it. Just trying to figure this uncharted territory out and would greatly appreciate some grace and understanding while I figure out what the next chapter of life is going to look like.


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[FortySixMac]

My general rule for any use-but-in-good-shape item for sale is that, if I got it for wholesale or proform, I'll sell it for roughly what I paid for it. Sometimes less. That goes for tools or any other product.

Buying things at wholesale and then selling them at retail is called "operating a business." But that's entirely different than selling used stuff to random people on the internet.

Yeah I am working on pricing similar to this. Thanks for the feedback.


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[FortySixMac]

My LBSs don't exactly stock a huge range of tools. And they also all offer 10% off to members of the local trail organization on parts/accessories (which I believe includes tools)

Right, working on adjusting mag pricing.




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