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#1 | |
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User
Join Date: Feb 2012
Posts: 377
Thanks: 91
Thanked 364 Times in 116 Posts
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Quote:
As i estimate production cost of 20 guns at about 2 years. That translates in about : 100K of labor costs 20K or rent 10K of bills 15-20K of material and tools All and all making it a $150K project. If i market them at 10K each then we talking about 25K of profit a year. That's not much to speak off, considering the unknown factors of the project. So the 15K price comes from the fact that, i will only find 10-12 clients willing to prepay, the rest of guns will wait for the takers. My math may be off 15-20% one way or the other. |
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#2 |
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Always A
Lifetime Forum Patron Join Date: Jul 2009
Location: Colorado
Posts: 2,417
Thanks: 226
Thanked 2,607 Times in 933 Posts
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Hi Eugene, I hate to be the one to throw cold water on your ambitious project, but as one business man to another, I have to tell you that you have a very serious image problem. If one does a search on LugerMan on either forum, the words "theft", "fraud", "attorney" and "police" keep cropping up. I'm prepared to believe that you are an honest fellow, a fine craftsman and that all these complaints were due to a failure to communicate, but I think that your expectation that you would find "10 to 12 clients willing to prepay", is wildly optimistic. Best regards, Norm
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#3 | |
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User
Join Date: Feb 2012
Posts: 377
Thanks: 91
Thanked 364 Times in 116 Posts
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Quote:
Norme, Well there is some truth in your words. When you deal with people it's hard to stay on everyone's good side. out of 500+ projects i have done over the years. I see 3 or 4 bad feedback, of people that are tired of waiting. I can understand them. But i address all that in my previous posts. On the other side. If i do not take a down payment from YOU, Are you willing to pay $17K for a complete project that is ready to go ? If the answer is you do not care for it one way or the other.... Then it means you are just not interested all together. Bad rep goes two ways .... if i had a client that was tired of waiting , that was happy with he end product... But for some reason decided that bad rep is worth posting, but a good result is not so much. Guess what next project from that client will have to go somewhere else .. as i as meany of us , do not need an extra aggravation in life. If you try to do a good job and put an extra effort, and all you get is... oh it's taking you too long ... well no appreciation = no desire to do the job anymore. And believe me the restoration business is not a money making machine , so as the 45 ACP project. I do have all the tools i need and all the money i need to make one for myself , and may be that's what i will do... if i do not get the client base needed for small batch. Like i sad before , constructive skeptical comments are welcome, judgmental calls i can do myself all day long. Thanks. |
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#4 | |
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User
Join Date: Feb 2012
Posts: 377
Thanks: 91
Thanked 364 Times in 116 Posts
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Quote:
This post generated some interest, and it's been up for 2 days. That tells me that a client base for 45ACp luger is not dried up ... Just needs a little push getting there. And by push I mean attractive pricing ... |
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