HarmonicTHD
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- Mar 18, 2022
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Don’t.Yes, that is exactly what I was envisioning, even setting up the iPad with Qobuz, transferring their library, ripping CDs etc. Full turn key operation!
Yes, that is the plan, to work and observe for a while.
Not necessarily: winding down a business has associated costs of its own, paying rent while peddling off the stock. On the other hand, as many pointed out, the business may not have much intangible assets: the past profits are not guaranteed as the main sales person is leaving (owner). I am not worried about valuation of the business, much more about the viability, integrity and business model per se.
In Switzerland, there is very little in terms of mail order and free return in the audio field (as of yet). Exception is Genelec. Also puzzling is the number of Hifi shops scattered all over Zurich city. Most of them have been around for ages.
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Visit the stores around Zurich. My impression. They are already on life support or just seem to break even at best. Plus they mostly focus on peddling snake oil as the margins are higher to support their expenses. Internet sales is coming - Thomann ships to CH with 30day return policy. Mueller-Spring already offers 14days. So I wouldn’t bet my financial future on that unless you want to conduct it as a hobby without expecting any/much returns.
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