MIK International

[Shedhand]

MIK International are advertising a franchise presence (start-up) in Hobart for sale. I wonder should I buy it?

[echnidna]

While its wood associated.
Its really just a fancy hardware store.
So it will have all the tedium of being a shopkeeper.

If thats what you want - go for it

[Shedhand]

While its wood associated.
Its really just a fancy hardware store.
So it will have all the tedium of being a shopkeeper.

If thats what you want - go for itNah. Rather be a shed-keeper than a clock-watcher. :doh:

[Tonyz]

Sorry I missed this earlier. I think you go for it ...yup go for it, that way you can give acurate advice on how each tool works,...... after your've used and tried them without buying anything.

[Harry72]

While its wood associated.
Its really just a fancy hardware store.
So it will have all the tedium of being a shopkeeper.

If thats what you want - go for it

Hardly call it a hardware store, its a specialist shop.
Shopkeeper in a tool shop I'd reckon the tedium would be nice compared to swinging a sledge hammer all day!(or night...)

[echnidna]

still be a shopkeeper though.

I almost bought a general store with enough room to establish a large gallery

but I'd rather make sawdust than tend shop

[ernknot]

Mik gives good service but I would not go to the store. Get my stuff over the internet. Don't think you would be inbusiness for long. Stay in the shed!

[Sebastiaan56]

Hi Shedhand,

Depends on a couple of things. Firstly are your pockets deep enough to fund a start up? It took us three years after buying a business to make reasonable money. Which leads to market need. Would you buy from the place? Who are your competitors. The franchisor will have market data but you should do your own homework. What is the franchisor like, what are their fees etc. Ring some other franchisees and get their take on it. How deep does their system go? Security? Stock?, is it in a manual or do you get your own company mentor?

You will end up a shop keeper, you will pine for holidays, you will make great money sometimes and others you will want to trash the place out of frustration. You will love some clients and despise others. And I disagree, there will always be a market for walk in talk to a real person service, the internet will never rule retailing.

Approach them. Do some due diligence, if you need help PM me, I know a bit about this,

Sebastiaan

[Shedhand]

Hi Shedhand,

Depends on a couple of things. Firstly are your pockets deep enough to fund a start up? It took us three years after buying a business to make reasonable money. Which leads to market need. Would you buy from the place? Who are your competitors. The franchisor will have market data but you should do your own homework. What is the franchisor like, what are their fees etc. Ring some other franchisees and get their take on it. How deep does their system go? Security? Stock?, is it in a manual or do you get your own company mentor?

You will end up a shop keeper, you will pine for holidays, you will make great money sometimes and others you will want to trash the place out of frustration. You will love some clients and despise others. And I disagree, there will always be a market for walk in talk to a real person service, the internet will never rule retailing.

Approach them. Do some due diligence, if you need help PM me, I know a bit about this,

SebastiaanThanks for the info Sebastiaan. I've decided I like my shed a lot and dislike working a lot more. I'm currently debt free, answer to know one, can do what I want when I want (including bugger all). Thanks for the input everyone...now, where I did I put that piece of Huon pine?.. :2tsup:

[Sebastiaan56]

Good one,

I was at Emu Plains yesterday, he is struggling, as you would expect and makes hive living teaching woodwork a few blocks away,

Sebastiaan