$30,000 for the whole shop. - Woodworking Talk - Woodworkers Forum
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post #1 of 11 Old 08-03-2017, 11:31 PM Thread Starter
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$30,000 for the whole shop.

I've been seeing this ad for a few weeks now. Kinda waiting to see if he starts parting anything out. It looks like he went all out buying equipment and then barely used it at all. At first he wanted to trade for an old chevy. Maybe a 1957.
https://atlanta.craigslist.org/nat/t...248022671.html


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Last edited by tylerdru90; 08-03-2017 at 11:36 PM.
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post #2 of 11 Old 08-04-2017, 07:33 AM
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Helped with one similar to this years ago.

It was like the guy decided he was a wood worker, and started buying stuff. It was like he just opened the catalogs, and started ordering. Even brand spanking new in the package stuff only sells for about 1/2 of retail at best it seems.

Based on the pictures he had posted I came up with about $15K just using rough used pricing for everything, there could be +/- 20-30% on that, but $30K is completely out of the park...
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post #3 of 11 Old 08-04-2017, 07:48 AM
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I was often tempted to buy a tool I liked the look of. Stuck to a policy of only buying a tool when I had a specific job needing it.
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post #4 of 11 Old 08-04-2017, 08:04 AM
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It took a lot of work just to come up with that inventory list.

GMC
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post #5 of 11 Old 08-04-2017, 09:43 AM
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I think it is silly to list things by retail prices on CL as if that has anything to do with what something will actually sell for. I don't care what it sold for new, sells for new, can be replaced for or the owner thinks it is worth.

I want to know, what do you want for it?

Then, I can decide what I will offer or pay.

A guy was recently selling a fence and rail system. He didn't list an asking price. He did however list the price of individual components of the front rail, the front rail support, the back rail and the fence.Who cares what the replacement cost of new individual components is for a fence and rail system that was included with a saw. What do you want for it.

I would look through his list of tools and if I wanted something I might make an offer for that. But, I have no interest in bailing someone out for their bad decisions.
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post #6 of 11 Old 08-04-2017, 12:10 PM
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He is asking for more than it will ever sell for, but if he had an auction in N Texas he would probably get double of what he is asking

I used to do the auction thing, and you could pick up some bargains 30-40 years ago the last few I have been to around here idiots are bidding more then the retail price was new
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post #7 of 11 Old 08-04-2017, 01:34 PM
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There's always the asking price and the taking price.
I think Someone with cash in hand can negotiate a better deal.
His widow will sell everything cheap just to get rid of it. Ha.
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If you don't have time to do it right the first time, when will you have time to do it over?
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post #8 of 11 Old 08-04-2017, 01:59 PM
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that whole idea is bogus ...

It's not like you come out of the womb or the bar and say... I need an entire woodworking shop.
These shops are evolved slowly over many years as we all know. You can say ... I'd like to do some woodworking, but you can't say I have all these tools, now I AM a woodworker either, which is what this fellow apparently thought.

They will end up selling it part by piece OR will settle for a substantial reduction to get rid of it all at once. Cash in hand is a powerful motivator as suggested.
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The answer to your question will only be as detailed and specific as the question is detailed and specific. Good questions also include a sketch or a photo that illustrates your issue. (:< D)

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post #9 of 11 Old 08-04-2017, 02:07 PM
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Quote:
Originally Posted by subroc View Post
I think it is silly to list things by retail prices on CL as if that has anything to do with what something will actually sell for. I don't care what it sold for new, sells for new, can be replaced for or the owner thinks it is worth.

I want to know, what do you want for it?

Then, I can decide what I will offer or pay.

A guy was recently selling a fence and rail system. He didn't list an asking price. He did however list the price of individual components of the front rail, the front rail support, the back rail and the fence.Who cares what the replacement cost of new individual components is for a fence and rail system that was included with a saw. What do you want for it.

I would look through his list of tools and if I wanted something I might make an offer for that. But, I have no interest in bailing someone out for their bad decisions.
I do not think he is listing the $30,000 as a retail price. I think that is the price he wants for the entire inventory.

I just have a feeling that he is not interested in selling it in pieces. He wants to find a buyer who will take the entire bundle.

George
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post #10 of 11 Old 08-04-2017, 02:18 PM Thread Starter
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I think it is a great deal for someone who just happens to be looking for just about the whole shop at once. It is not likely that person will come along though. If I had $20,000 laying around I'd throw that cash offer out.


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post #11 of 11 Old 08-05-2017, 08:29 AM
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I see ads like these all the time here in Columbia, someone invests a boat load of cash in equipment only to later find out they can't really make a living with all of those snazzy pieces of equipment.
I look around my shop and I doubt that I have more than 3 items that cost over $100 new much less used. My planer the exception and even it was only $200 used.
People love to over estimate their value. As my father once said, and I quote, "I'd like to buy him for what he's worth and sell him for what he thinks he's worth."
Boy howdy! We'd clean up doing that, eh?
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I figured it's time to change my signature so hold your breath. This is it.
Impressive, huh?
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