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  #31  
Old 01-06-2011, 03:55 PM
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Quote:
Originally Posted by benhogan View Post
I would think there would be more profit in appliance repair, the appliace sales, then furniture sales. In that order.

Is that about right? I am curious because in my little side gig, repair gives me the best profit margin plus I have a 300% markup on parts. Small engine sales are OK but nothing like repair, mostly because I costs me capital to acquire and transport and store the small engine to start with.
Actually, furniture is my most profitable (used furniture). Its hard to calculate it by percentage

You would be right with the appliance service, but you can only service like 5-8 appliances a day, and I can sell 20+ appliances in the same time frame.

Typical profit margin on a used washer is $100 net. So its pretty close either way.

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  #32  
Old 01-06-2011, 03:57 PM
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emergency dispatcher, with construction and auto work on the side.
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  #33  
Old 01-06-2011, 04:03 PM
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Quote:
Originally Posted by lorainfurniture View Post
Actually, furniture is my most profitable (used furniture). Its hard to calculate it by percentage

You would be right with the appliance service, but you can only service like 5-8 appliances a day, and I can sell 20+ appliances in the same time frame.

Typical profit margin on a used washer is $100 net. So its pretty close either way.
Interesting about the furniture. Do you have a lot of repeat customers for the furniture? I for one, purchased my furniture 20 years ago and do not foresee replacing it again in my lifetime. Maybe that's just me because I'm frugal.

I tried my hand at fixing washers and driers but they are too bulky for me to move around. Also, I would be selling them out of my garage and people will want to see them run first. I would need a 220v outlet and a plumbing run to the garage.

My profit margin on push mowers run between $50 to $150 each. About $200 on the ridings. And about $40 for the generators, saws, stringers, etc.
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  #34  
Old 01-06-2011, 04:17 PM
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Quote:
Originally Posted by benhogan View Post
Interesting about the furniture. Do you have a lot of repeat customers for the furniture? I for one, purchased my furniture 20 years ago and do not foresee replacing it again in my lifetime. Maybe that's just me because I'm frugal.

I tried my hand at fixing washers and driers but they are too bulky for me to move around. Also, I would be selling them out of my garage and people will want to see them run first. I would need a 220v outlet and a plumbing run to the garage.

My profit margin on push mowers run between $50 to $150 each. About $200 on the ridings. And about $40 for the generators, saws, stringers, etc.

A lot of my customers are the transient type, so yes, plenty of repeat. Also a lot of referal type business. Believe it or not, most people change their furniture every 5-7 years. (these are also the people that buy a new car every 4 years, so dont be surprised if you dont understand)

The business that you have in my opinion, is ideal: You have little/ no overhead, and you can do it in your spare time, or when you feel like it.

Me, I have lights, gas, ins, fuel, labor etc etc.
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Last edited by lorainfurniture; 01-06-2011 at 04:18 PM. Reason: typo
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  #35  
Old 01-06-2011, 04:35 PM
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Talent agent for homeless men with broadcaster voices. I work on the side as a hand model...look for me in the Macy's circular this next Sunday.
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  #36  
Old 01-06-2011, 04:37 PM
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I work on the side as a hand model...look for me in the Macy's circular this next Sunday.
Don't go touching hot irons with your hand like George Costanza.
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  #37  
Old 01-06-2011, 04:38 PM
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I have a great executive sounding title, but I basically sell food to grocery stores in the U.S. and Canada.
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  #38  
Old 01-06-2011, 04:43 PM
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Don't go touching hot irons with your hand like George Costanza.
Ha ha....thanks. Need my hands since I'm on the final draft of my dissertation for my second Phd (Googleology, also a Doctor of Nursing).
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  #39  
Old 01-06-2011, 05:18 PM
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ambulance chaser; counsel, counsellor; esquire; jurist, legist, adviser, advocate; barrister, bencher; gentleman of the long robe; mouthpiece; shyster; solicitor, proctor; pettifogger
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  #40  
Old 01-06-2011, 05:21 PM
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She doesn't complain about all the money it brings in and she's generally happy to not have me bothering her while her programs are on . . .
As a fellow gigolo, do you offer the $5 Foot Long special at the old "Cougars" Home? I pay my mortgage that way.
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  #41  
Old 01-06-2011, 05:50 PM
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ambulance chaser; counsel, counsellor; esquire; jurist, legist, adviser, advocate; barrister, bencher; gentleman of the long robe; mouthpiece; shyster; solicitor, proctor; pettifogger
I was in Exeter about a decade ago on the day the Cathedral devoted to lawyers. Huge parade of wigged advocates marching in to get blessed. Downright medieval.
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  #42  
Old 01-06-2011, 05:59 PM
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ambulance chaser; counsel, counsellor; esquire; jurist, legist, adviser, advocate; barrister, bencher; gentleman of the long robe; mouthpiece; shyster; solicitor, proctor; pettifogger
Know any good lawyer jokes?
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  #43  
Old 01-06-2011, 06:01 PM
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Know any good lawyer jokes?
Good lawyer?
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  #44  
Old 01-06-2011, 06:02 PM
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Primarily a SAHD but I pick up a couple restaurant consulting jobs a year.
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  #45  
Old 01-06-2011, 06:02 PM
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Retired, formerly in the toxic chemical business. Now I'm in the "filtration" business: beer, wine, vodka.

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