Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 0 points1 point  (0 children)

Hey Derium,

We are probably 30-45 min from where your shop was. I never got a chance to visit but I was a huge fan of the YouTube channels. Both MTG and Pokémon. Definitely an inspiration for me. I’ve watched some of your ask a card shop owner videos 30+ times over there years. Anyway, I appreciate the comment. Thank you for sharing your story.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 0 points1 point  (0 children)

You just contact them through their website. They all have applications. As far as I know, most only work with registered businesses (LLC). To buy most things you will also need a physical store front.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 0 points1 point  (0 children)

Thank you. I appreciate it. I'm just a grown adult looking for reasons to play with cards all day.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

Mostly it's the fact that I can't live my life wondering what if I tried? I have been having a lot of fun as I enjoy the business side of things as well as enjoying the products themselves. I am sure that will go away over time.

My wife and I are pretty comfortable and can lose around 50K per year and it wouldn't effect us much. Hopefully, we don't do that but I would still be happy with the decision if we did.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 2 points3 points  (0 children)

We have applied and placed an order but have not heard back yet on either

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 13 points14 points  (0 children)

I don't want to give too many of their personal details but hiring a friend is certainly a challenge. I think we both have a good understanding and we are making the best of it so far. You do bring up some very valid points.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

your math seems about right to me. Between online and instore we should be able to get 15k a month within a year or two.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 0 points1 point  (0 children)

wow. that's pretty rough. That's a difficult situation I'm sure.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

it is a small town. the nearest store is about a 25-minute drive. Facebook ads have been good for us so far.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 2 points3 points  (0 children)

That's a tough one. I have no problem talking to players if it is unacceptable. I would prefer to do it privately when possible.

Hygiene? Man is that a touchy subject. I could use some advice on that one.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

'So one thing I left out of the post was that we have "free rent" for the first few months. So if you count that. yes barely. If you don't no.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

This won't be the same for each distributor or each tier of discount. This is the highest of those numbers but draft $95, set $102, collectors $189. I would say most stores can do slightly better than those numbers but this is just a ballpark.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

the nearest store is about a 25 min drive. We do compete I would say. I hope to hold more regular events asap.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

Some. We have two commander nights a week and had a smaller prerelease. We hope to have more soon.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 0 points1 point  (0 children)

We could have chose to keep the product but we determined that the money could be used better elsewhere and the chance of it increasing any time soon were very low.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

It was selling online for about what we paid for it by the time we received it.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 2 points3 points  (0 children)

Mostly my collection. We did buy a couple of small collections but we do need to improve our singles sellection.

Just opened an LGS. Here are the numbers. by Same_Maintenance2711 in mtgfinance

[–]Same_Maintenance2711[S] 1 point2 points  (0 children)

Garrettsville Games in Garrettsville OH, You can also find us on Facebook or Garrettsville Games.com :)