Interesting Opportunity for Vise Lovers
- Thread starter Bull
- Start date
toomanytoyzz
Well-known member
Anyone know anything about them? Look pretty beefy.
$2500 seems steep especially since they need some additional "tuning" to be ready to sell. I wonder how many of the 6" compared to the 4" are available? I don't see them flying off the shelves once you put your time and capital into them
. My two cents.
$2500 seems steep especially since they need some additional "tuning" to be ready to sell. I wonder how many of the 6" compared to the 4" are available? I don't see them flying off the shelves once you put your time and capital into them
. My two cents.Lookin4'67Galaxieconv
Well-known member
Sounds like a lot of work just to make your investment back.
Farmall450
Well-known member
Sounds like a good time!
If I had a machine shop & 2500 to blow.
If I had a machine shop & 2500 to blow.
im sure somebody with some home equpiment could spent one winter and a few hundred hours to make their money back and then throw the extra in a fund to purchase more equipment later.
toomanytoyzz
Well-known member
My time for something like that would bankrupt the deal if it came close to 300 hours. I can do OT at work if I need to fund tool purchases. OT is guaranteed $$$. Spending a winter tinkering with a bunch of vises with undetermined value is definitely a risk I'm not ready to take. Chances are whoever decides to take on this risky endeavor will be left with a shelf full of Anchor vises.
thebeekeeper1
Well-known member
Doesn't seem to be working out so well for them.
ShadowRuleZ
Well-known member
I remember reading about that a while ago on this forum but I'm not having any luck finding it.
toomanytoyzz
Well-known member
People today will just buy ten HF Chicom vises due to breakage when they could buy one quality vintage vise and call it a lifetime investment.
It ***** that the guys can't finish them and put them up for sale, but I believe my statement above is the reason why. It's really sad how bad the average American consumer (not anyone on this site
) shops nowadays.Second line of the ad
So just a quick non weighted average of ~$65 per vise, at which they say are worth ~$200 per, again non weighted once completed. I wonder how rough they are?
I'm pretty sure on a few of the machining sites I've seen guys milling them.
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toomanytoyzz
Well-known member
Second line of the ad
So just a quick non weighted average of $65 per vise, at which they say are worth ~$200 per, again non weighted once completed. I wonder how rough they are?
Ooops
!! Sorry 'bout that. I guess I need to start paying more attention to **** that is overpriced on CL.Ooops
I'm curious as to what they mean by 40 to 45? Is counting past 40 too difficult for them? Are parts broken? Poor castings? Are they accounting for operator mishap.
If the number was in the hundreds I could understand, but 40 to 45, really? According to their worth price, that could be the difference of $1K.Well, split the difference at 43 vises.
$2,500 divided by 43 is $58 and change per vise.
Consider the two bigger ones freebies, and maybe there's one or two or three of the littler ones left too...
So, at $58 per, what do you need to do to sell them?
Machine them, paint and assemble.
What is required in the machining? How many surfaces does the machine tool need to touch? How many hours per vise are required for machining?
What's your time worth?
And finally, what would you sell them for, and more importantly, where would you be able to sell them?
Ebay? Lots of hassle.
Craigslist? Cheap bastards.
Here? Slightly less cheap bastards!
And either place, you'll probably saturate the market less than half way through your inventory.
In my opinion, I don't think you're going to make your money back, let alone a profit, by buying the inventory, doing all the machining, then retailing them.
But it could still be profitable. There are hundreds of thousands of hobby machinists that enjoy a project. Buy the whole inventory, package them individually in kits, take out an ad in Home Shop Machinist and Machinists Workshop magazines, put posts on hobby machinist websites, and sell the kits for $125 plus shipping.
Let the end users handle the machining of these high-quality USA-made castings.
-Brad
$2,500 divided by 43 is $58 and change per vise.
Consider the two bigger ones freebies, and maybe there's one or two or three of the littler ones left too...
So, at $58 per, what do you need to do to sell them?
Machine them, paint and assemble.
What is required in the machining? How many surfaces does the machine tool need to touch? How many hours per vise are required for machining?
What's your time worth?
And finally, what would you sell them for, and more importantly, where would you be able to sell them?
Ebay? Lots of hassle.
Craigslist? Cheap bastards.
Here? Slightly less cheap bastards!
And either place, you'll probably saturate the market less than half way through your inventory.
In my opinion, I don't think you're going to make your money back, let alone a profit, by buying the inventory, doing all the machining, then retailing them.
But it could still be profitable. There are hundreds of thousands of hobby machinists that enjoy a project. Buy the whole inventory, package them individually in kits, take out an ad in Home Shop Machinist and Machinists Workshop magazines, put posts on hobby machinist websites, and sell the kits for $125 plus shipping.
Let the end users handle the machining of these high-quality USA-made castings.
-Brad