Log in or Sign up
Antiques Board
Home
Forums
>
Antique Forums
>
Antique Discussion
>
Local Antiques Market 2017
>
Reply to Thread
Message:
<p>[QUOTE="verybrad, post: 317543, member: 37"]The market is holding its own here. We have no true traditional antique shops but do have multi-dealer shops that also sell antiques. Several bill themselves as antique shops but would say that true antiques represent less than 50% of their merchandise. A new one opened in Aug. that has a bit more and has plans to expand. As new kids on the block, they seem to be doing pretty well. Remains to be seen how they will do long-term. Really no high end goods to be seen anywhere. The market is in painted furniture and architectural salvage. Repurposing is where it is at. We also have a bit of a primitives market here as well. Not much of an MCM market here. Brown furniture is mostly dead.</p><p><br /></p><p>Customers are cheap and the competition among dealers for their dollars is cutthroat. Supply seems to be pretty much endless and I buy mostly what I consider to be junk for very little and mark it high. It is not unusual to mark things 5X or more. I don't even consider buying anything unless I can mark it at least 3X. It is very unusual that I pay more than $20.00 for anything. Good antiques flounder on the shelves if priced at a competitive national level (ebay price). The customers want them only if they can get them cheaply. Consequently, most of the good stuff I find rarely hits the shelves here. </p><p><br /></p><p>The shop I am in moves a lot of merchandise. Most under $50.00. Average furniture price is well under $200.00. We have about 17,000 sq. ft. and around 30 dealers. Would say the shop averages 50K per month. Rents are high here so would guess the gross overhead for most of the dealers to be approaching 50%. A few of the dealers who really hustle do significantly better. I work in the shop to offset my rent so get to keep 100% of my sales. There are shops that have significantly lower rent but none that move as much merchandise as we do.[/QUOTE]</p><p><br /></p>
[QUOTE="verybrad, post: 317543, member: 37"]The market is holding its own here. We have no true traditional antique shops but do have multi-dealer shops that also sell antiques. Several bill themselves as antique shops but would say that true antiques represent less than 50% of their merchandise. A new one opened in Aug. that has a bit more and has plans to expand. As new kids on the block, they seem to be doing pretty well. Remains to be seen how they will do long-term. Really no high end goods to be seen anywhere. The market is in painted furniture and architectural salvage. Repurposing is where it is at. We also have a bit of a primitives market here as well. Not much of an MCM market here. Brown furniture is mostly dead. Customers are cheap and the competition among dealers for their dollars is cutthroat. Supply seems to be pretty much endless and I buy mostly what I consider to be junk for very little and mark it high. It is not unusual to mark things 5X or more. I don't even consider buying anything unless I can mark it at least 3X. It is very unusual that I pay more than $20.00 for anything. Good antiques flounder on the shelves if priced at a competitive national level (ebay price). The customers want them only if they can get them cheaply. Consequently, most of the good stuff I find rarely hits the shelves here. The shop I am in moves a lot of merchandise. Most under $50.00. Average furniture price is well under $200.00. We have about 17,000 sq. ft. and around 30 dealers. Would say the shop averages 50K per month. Rents are high here so would guess the gross overhead for most of the dealers to be approaching 50%. A few of the dealers who really hustle do significantly better. I work in the shop to offset my rent so get to keep 100% of my sales. There are shops that have significantly lower rent but none that move as much merchandise as we do.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Antiques Board
Home
Forums
>
Antique Forums
>
Antique Discussion
>
Local Antiques Market 2017
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Gallery
Gallery
Quick Links
Search Media
New Media
Members
Members
Quick Links
Notable Members
Registered Members
Current Visitors
Recent Activity
New Profile Posts
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...