petopia closing monday

[chadfarmer]

i figured i would post this for a fellow reefer?

he has some fish and equipment

 

[jwalters103]

closing as in going out of business? again?

 

[Arsenal11]

I guess john will be coming to get his display tank & livestock?

 

[chadfarmer]

<a href=showthread.php?s=&postid=6920642#post6920642 target=_blank>Originally posted</a> by ARSENAL11
I guess john will be coming to get his display tank & livestock?

that is already done finished today

 

[Arsenal11]

so what does he have left?

 

[chadfarmer]

from what i get out of it

he is going to run the pet store out of the basement of his house

 

[spooda420]

what does he want for that 400gallon frag tank???? im very interested in it...

 

[chadfarmer]

i would say call him and ask him

 

[bradbury]

man, i hope this isn't true

 

[bradbury]

i'm closing on my new house on Monday. I have been waiting forever to start up my new tanks. I was going to go crazy in that place soon. I was really looking forward to it. That's a shame. Vic's a good guy, too.

 

[Arsenal11]

Beldt's & MS are very near by there & a much better selection than Petopia had since John sold out.

 

[Ocicat]

<a href=showthread.php?s=&postid=6921708#post6921708 target=_blank>Originally posted</a> by bradbury
i'm closing on my new house on Monday. I have been waiting forever to start up my new tanks. I was going to go crazy in that place soon. I was really looking forward to it. That's a shame. Vic's a good guy, too.

Yeah, they were going to be my first stop for livestock also. I like Beldt's and it isn't too far, but Petopia is right around the corner.

 

[StupidsReef]

I'm begining to think that store is a bad place. Hum...
I thought he wanted WAY to much for his tanks. But the Live stuff was around the same price as the rest. JMO.

 

[hagfish]

I think it's a bad location. They are too close to both MS and Beldt's, and both stores are better. Although it looked like they were going to make some considerable improvements. I was looking forward to seeing the new coral tank up and running.

 

[DrBDC]

Doesn't seem they gave it a long enough time to get going well. That's a common new bus. problem is undercapitalization and/or expecting profit too soon. If you look up the the stats, the average bus won't begin to make profit until 18 months and not break even until 36 months. It's called the "Valley of Death" when you look at it on a graph. So when you see a bus go out in less than 2 years it's a product of a poor bus. plan and undercapitalization. I guess you could say too much optimism but you can't let optimism blind you to facts. There are exceptions ie. Chad being already with a cash flow from starting at home that help to speed that time up etc. It's a shame to see a LFS go especially since many customers might end up at the big chain stores. But then again maybe there are some other reasons we don't know about involved in the decision.

 

[superfirefly]

Are you sure about this? I just ordered some pistol shrimp from him and was told to pick them up next Tuesday or Wednesday.

 

[chadfarmer]

maybe he will still be there

but i was told he wanted to be out by saturday and runnthe business from his moms basement

 

[chadfarmer]

<a href=showthread.php?s=&postid=6923953#post6923953 target=_blank>Originally posted</a> by superfirefly
Are you sure about this? I just ordered some pistol shrimp from him and was told to pick them up next Tuesday or Wednesday.

i noticed today the lights were off and the sign is gone

 

[Hobbes8017]

I talked with him on Sunday, he has completely vacated the building. Everything was moved to his basement for the time being.

 

[DrBDC]

Does he have any good skimmers he's trying to sell?