Save money by building furniture? - Page 2 - Woodworking Talk - Woodworkers Forum
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post #21 of 25 Old 07-31-2013, 10:56 PM
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Quote:
Originally Posted by Al B Thayer

Cherry? Walnut? Butternut? Mahogany?

Al

Friends don't let friends use stamped metal tools sold at clothing stores.
Ya....I hear ya. But then again the 730 dollar price would have been 1000 or more out of walnut.

The tools don't make the craftsman....
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post #22 of 25 Old 08-01-2013, 11:32 AM
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If you think furniture store stuff is expensive, have you bought any bacon lately?
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post #23 of 25 Old 08-01-2013, 11:46 AM
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Quote:
Originally Posted by Bill White
If you think furniture store stuff is expensive, have you bought any bacon lately?
Bill
8 bucks for a pound the other day.....I'm starting to sound like my parents did while I was growing up..."back in the day this was only...."

The tools don't make the craftsman....
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post #24 of 25 Old 08-01-2013, 01:59 PM Thread Starter
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Originally Posted by ryan50hrl View Post
But there's your dad...the salesman...the vendor....the truck driver....the guy actually building them.

The furniture company has less money in materials into the same piece than I do based on their ability to buy in bulk. Someone's pocketing the 500 extra dollars.

And anyone who's convinced there's not margins in furniture is hiding under a rock ( if your dads place is different good for him). I was shopping for a couch a few weeks ago, picked out a great leather reclining sofa....while I was sitting on it deciding, another couple purchased one about 10 feet away, and agreed on paying the signed price of 2700 dollars. They walked away happy, but I knew I wasn't willing to pay the 3800 dollar price tag on the one I had picked out. After negotiating for 20 minutes, I paid 1500. Now the two couches they sold were both
flexsteel, both leather. They didn't sell me mine below cost, so that says they made some money on me, and probably a boatload more on the other couple. Bottom line....there's a lot of profit in furniture for someone.


I know, it seems crazy, and I would never want to pay that much for furniture. The markup seems absurd. But, Maybe the company / owners would get rich if they sold a lot of furniture everyday at those prices. Dad,s company has 4 stores, sometimes they don't sell anything certain days, then, overhead, payroll, etc.. I think the price they pay for a piece from say Ashely or something seems fair, but perhaps the suppliers are getting rich due to the scale of their operation?

I once worked for a ferry boat company, local business, as a captain. My boat would load up 90 passengers at $10 bucks a head. As soon as I got underway, another boat docked at the pier and loaded another boat load, and so on. It seemed like a cash cow, and everyone in town thought it was. Then I became operations manager, and realized why we were just barely getting by... Overhead, payroll, and seasonal tourist flow.

Not to defend the price gouging furniture stores just because of dad. I don't believe it either when I walk into the showroom. I haven't seen their books either, nor the owners secret vault of gold. Kinda like my checking account. I don't believe where all the money went until I look at the statement, and then I still refuse to believe it!

Now Home Depot and their prices of materials!

Last edited by Plankwalker; 08-01-2013 at 02:05 PM.
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post #25 of 25 Old 08-01-2013, 03:12 PM
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Quote:
Originally Posted by Plankwalker
Dad,s company has 4 stores, sometimes they don't sell anything certain days, !

A company with 4 stores that sells nothing on a day has other issues....not to offend you or your dad....but there's a marketing problem, an operations problem, or a business model problem here...

The tools don't make the craftsman....
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