Another audio dealer closes his shop

"Once you establish yourself in an audio salon they will give you 20% without asking"

I have been into audio for 30 years and not one time did anyone give me 20% off without asking. Sure I have gotten discounts before but I had to play hardball with the dealers and it's not a lot of fun.

Elizabeth made a good point. With rents continually going up it's really hard to operate any kind of retail business nowadays. I know a couple of dealers in the Los Angeles area that are doing well. They both own the property and are always expanding their lines because there not laying out huge sums of money for rent.

The rich and super-rich already have 3-4 systems, if they even care about music,high-end audio prices are beyond 90 % of all american budgets, except for a few nuts like me.

Who needs them? High-end audio stores can only survive IF, their customers are CONSTANTLY buying and selling.

Other than that, the customer base is not large enough. We on this site, might be kool-aid drinkers, but the general public is not.

And lastly, the market place is always right. If you cannot survive in it, change your ways. Or change something!!

Cheers

"The rich and super rich already have 3 or 4 systems" It's funny you mention that. My sister lives in Beverly Hills so I've been in quite a few houses in that area. I did not see one house with a high-end audio system. Sure some people will have home theaters but not a dedicated 2 channel system.

I have found most people with high-end systems to be like me.
I'm middle class but spend most of my money on gear and music. I don't drive a fancy car or take trips to Europe. I'll never forget I went to look at a used TT some years ago and the guy had really expensive gear and over 10,000 records. The guy lived in a really small one bedroom apartment. For what he spent on equipment and records he could of owned his own house.