OzSTOC
OzSTOC Events National & Local => SOUTH AUSTRALIA => Topic started by: richo on June 28, 2016, 07:25:25 PM
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I rang Bill's Motorcycles today looking for heated grips and was told that they are in receivership and can not order any new merchandise. They have a couple of weeks left. I always found them very good for servicing the bike. The guy I spoke to said that if I needed anything by way of fluids etc for the bike to come in for some good prices. I plan on going in this week to see what they have left as they have a full range of gear.
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Well that topic got my attention.
However, it's a sad day when a good company goes broke. The internet has to bear a fair bit of the blame, offering prices that "bricks & mortar" businesses can't compete with. I saw just this week a m/c dealer near here has annual rent of $180,000. An on-line business can operate out of a shipping container they bought for $3000.
One might hope the mechanics at least can keep working somewhere- you can't buy maintenance via your keyboard.
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Well that topic got my attention.
However, it's a sad day when a good company goes broke. The internet has to bear a fair bit of the blame, offering prices that "bricks & mortar" businesses can't compete with. I saw just this week a m/c dealer near here has annual rent of $180,000. An on-line business can operate out of a shipping container they bought for $3000.
One might hope the mechanics at least can keep working somewhere- you can't buy maintenance via your keyboard.
I know the Feeling, the "cost" for us to open the doors of Hip Pocket for 12 months is around $750,000 to $800,000 with, lease, wages, power, and all the bits and pieces to go with.
We get up against internet pricing we simply cannot compete with, and we don't even try, we stick to good solid service and looking after our customer base, and work on loyalty to keep people shopping with us.
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I went into Bill's this morning and they are in the process of selling all of their heavily discounted floor stock. They are reducing their stock dramatically and the good news is they will offer bike servicing if they come out of this in one piece. I got an excellent deal on a new helmet (that I was not expecting to buy), was given almost 50% off. If you need anything guys I would suggest get in quick.
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:'(
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Having bought my ride there and riding past the Richmond store on a daily basis thought it looked a little empty yesterday went to have closer look today. Sure enough it was empty and a lorry pulled up to take away some shop fittings. A couple of years ago they did tell me they couldn't compete with online sellers for accessories although I always preferred to see something tangible before purchasing anything. The staff were always friendly and it was being around the corner it was convenient for servicing etc. Sad news indeed.
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The auction of Adelaide based gear is on tomorrow and Wednesday for those interested:
https://www.mgs.net.au/auction/viewauction.html?a=7899 (https://www.mgs.net.au/auction/viewauction.html?a=7899)
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Watched some of the auction (online) as my boss asked me to bid on some items for him. Jackets going for $50. Boots $75. Helmets were going at an average 1/3 to 1/2 of retail. They are selling the bike workshop tomorrow, complete with tools, spare parts and manuals. It is a shame to see them go out this way as they did a good job on the ST. THE BUY OF THE DAY tomorrow will be a new 2013 can am spyder tourer. Currently being listed for 9 thousand.
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Watched some of the auction (online) as my boss asked me to bid on some items for him. Jackets going for $50. Boots $75. Helmets were going at an average 1/3 to 1/2 of retail. They are selling the bike workshop tomorrow, complete with tools, spare parts and manuals. It is a shame to see them go out this way as they did a good job on the ST. THE BUY OF THE DAY tomorrow will be a new 2013 can am spyder tourer. Currently being listed for 9 thousand.
Been to a couple of bike shop liquidation auctions, big items like bikes (and in this case the Spyder) usually go to dealers for trade price, when the general public gets involved retail prices are reached and even exceeded. Some poor buggers get excited and sucked-in to the event, forget their limit and pay well over retail, then they got to pay for a RWC, rego, other govt. charges - poor buggers.
Keep us posted on this one.
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To say things were flying off the shelves was an understatement. I think a lot of the buyers were from other shops. The spyder went for 22 thousand which considering this model went for high thirties to mid forties was a very good deal.
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Back to the thread which brought my attention to this very forum. Some four and a half years on and the website still exists. It popped up when i did a google search for something else. (http://www.footballnews.com.au/forum/images/smilies/icon_eek.gif)
http://www.billsmotorcycles.com.au (http://www.billsmotorcycles.com.au)