7.
Re: lacrosse retail store Dec 31, 2008 10:08 AM
I bought a lacrosse store, but before I did, I called all of the big guys, just like you did.
The one thing I found out is that to be competitive in the market you have to take advantage of the Lacrosse Manufactures best deals.
Like one helmet company will give you a standard discount and reevaluate you at the end of the year. Depending on how many helmets you sold they could or could not give you a deeper discount.
Some manufactures want you to commit to large booking orders, which in some cases will also give you special terms in which to pay for the items you bought.
Some manufactures will not open up an account for you unless certain Lacrosse manufactures are willing to open you up.
I would say 95% of them have a mile radius (like 20 miles) to where they will not open up another brick and mortar store within that radius.
One piece of advice.....take your time. Talk to people in the industry about your ideal and see what they say. Believe me they are a very good measuring stick for what will and what will not work.
Lastly, find one manufacture that is willing to work with you and build your relationship with them. Those are the people to rmember when you make it big time! You do not need to sale every manufacture of lacrosse equipment to be successful. Make your business different.
Good Luck!