Crazy Craigslist find
So last night I went on craigslist trying to find Sega cd parts (a stretch I know. Not an eventful Saturday) and as I scroll down I see that my favorite game store “ GAME XCAPE” is offering the store collection for 25,000$. This guy is OG around here for collectors. I’ve meansioned him before here. If there are no takers, it says the stores gone by the end of the month. I’m gunna offer to help him move out in exchange for games and see what he says.
What do you think? He’s no friend of mine I just know him. Is it worth a shot? This is the second of my favorite stores to close in recent years. I posted before about the first one. They hauled it to the landfill when no one came to buy. I can’t abide another catastrophe like that.
What do you think? He’s no friend of mine I just know him. Is it worth a shot? This is the second of my favorite stores to close in recent years. I posted before about the first one. They hauled it to the landfill when no one came to buy. I can’t abide another catastrophe like that.
Comments
Is that the shop with the Mario mural on the window?
Yeah off Patton
Is $25,000 a fair price for what they have?
I’d imagine. He’s selling everything but the cooler he said. He has a little cafe game room section like thing, too . So TVs display cases GB NES sNES N64 Sega 3do new games, you know. Game store stuff. Some neat rare stuff too
It's definitely a shame about the other place, although I've heard of similar things happening locally solely because the owners had a "top dollar or in the trash" attitude and ended up selling little to nothing when they closed up as a result. Most likely the trash guys made out like bandits in those cases.
Ah man. Always saddens me a little to hear of game shops closing. I'd been to that shop before while my wife and I were on a weekend trip to that area.
Yup. Guess it’s Hickory Waynesville Arden for me now. Wish I had 25 large
Ah man. Always saddens me a little to hear of game shops closing. I'd been to that shop before while my wife and I were on a weekend trip to that area.
Yup. Guess it’s Hickory Waynesville Arden for me now. Wish I had 25 large
I wish I could go in half with you!
Anyway, if you head down toward Hickory, there are about 4-5 shops in this area. There's a place in the mall, there's Red Fox, there's a guy in Lincolnton, and there's a pawn shop/game shop less than a mile away from Red Fox that has a pretty solid inventory, especially of rare consoles. I think the guy is honestly a collector but has his stuff on inventory. My hunch is that singles of anything are a bit pricier, but if he has duplicates (again, rare systems and games) his prices were reasonable the one time I went there. I'd have to look up the name of the place but I never really go there. Not sure why. I guess it's because I've made soft-friendships with the guys from Red Fox gaming.
any foto(s) of this listing/ offering .... ?
https://asheville.craigslist.org/vgm/d/asheville-game-xcape/6778527237.html
I'd have doubts about a nice round $25000, but I can't see the actual inventory. $25k buys a lot of nice video games and no doubt a store going out of business has a lot of bulk BS they couldn't sell. TBH I don't know what things like old TVs and used display cases are worth to the right buyer though.
Yeah there is a reason he is getting out of it, I wouldn't pay anywhere near $25,000...Not even close.
Two words, Mystery Lots.
Yeah there is a reason he is getting out of it, I wouldn't pay anywhere near $25,000...Not even close.
Two words, Mystery Lots.
The only mystery is how you are going to try and unload a bunch of sports games and commons.
not sure what I was expecting. “ oh yes good sir thank you so much for helping me move my inventory... take all my vintage games for your trouble...” he probably would of told me to pound sand anyway.
People who value lots, be it individuals selling small to medium lots, through reseller businesses liquidating, typically try to attach the valuation to the sum of the GVN or pricecharting value for each item.
This is a horribly inaccurate means to value lots because it makes zero distinction for the sellABILITY of those items, which is as important if not MORE important to a buyer who is almost certainly buying to resell.
Example: buying a game with a $10 "value" on GVN gives one no idea for how long they will need to tie up the capital spent for the item before it finds a willing buyer at $10.
Time, is in fact worth money in terms of opportunity cost (that capital could have been earning a better rate of return).
This is why the overwhelming majority of the time, a business selling off inventory is really looking for a sucker to overpay for items that will sit forever without finding a retail buyer.
I would never offer more than I value the empty cases at for 90% of the inventory I see in situations like this.
Yeah there is a reason he is getting out of it, I wouldn't pay anywhere near $25,000...Not even close.
Holy shit, I just about lost it scrolling past that avi man.