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Hot Topic (More than 10 Replies) Story Castings new owner announcement (Read 729 times)
bobw
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Re: Story Castings new owner announcement
Reply #15 - yesterday at 6:51pm
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2152hq wrote yesterday at 11:01am:
I'd like to see the list of avail casting 'kits' and prices if possible.

Rodney had some very interesting models available.


Rodney pretty much sold everything he had to this guy, and at this point, reading between the line, I don’t believe this guy will ever make casting available.   

I get the impression he wants to be reimbursed for his expenses to get the business to his location from Rodney, which is included in the selling price.  His move doesn’t make the inventory more valuable than what he paid for it.

Be nice if someone would take it and make the casting available, but I’m not sure it would be a good investment.  It would need to be a “labor of love” for someone because it may not be a money maker.
Bob
  

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GunBum
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Re: Story Castings new owner announcement
Reply #16 - yesterday at 9:14pm
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I contemplated buying them from Rodney.  But, and a big but, I don’t have time to do anything with them.  I travel about 50% of the time for my day job.  It would be nice to make them into a retirement gig, but that’s about 2-9 years away depending on how much money I want to have in retirement.   

I wouldn’t be interested in paying his investment including travel and shipping.  Figure he spent $2k traveling in style to Rodney’s.  LTL shipping couldn’t possibly have been more than a couple thousand (unless he sucks at booking shipping).  I sent 5 pallets with about 5000 pounds of equipment from Tennessee to Kansas last year, and it was only $2000.  Given that, he’s probably asking a few thousand more than he paid.   

He has 33 sets of molds.  At $35k, that’s a little over $1000 per rifle.  I have absolutely no idea how much Rodney was making off of these, but if you can make $100 each off the first 350, the $35k would be paid off.  Doubt you can make that much per kit.  If you can make $50 per kit, you need to sell 700 to pay for them.  At $25 per kit, it’s 1400.  And so on…

I don’t remember what I paid for all of them, but I bought 4 different kits from Rodney and talked one of my brothers into buying 2.  That’s 6 over a 5 or 6 year period, and I’ve only built one.  My brother hasn’t started his.  Both of us build various gun genres with way more frequency than the average gun nut, and these still haven’t floated to the top of the pile.  How many have been built here?  Maybe a few dozen.  How is someone going to sell somewhere between 350 and 1400 of the things to recoup their investment?
  
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