Panducky Closing?
#1
Registered User
Thread Starter
Join Date: Feb 2008
Location: Knoxville, TN
Posts: 2,514
Likes: 0
Received 0 Likes
on
0 Posts
Panducky Closing?
In these tough economic times, modifying your car becomes more and more of a luxury that many can't afford. A shop the size of Panducky needs customers, sales, and work to be able to survive... When everyone is low on funds, luxuries such as aftermarket parts for their cars come last to paying bills and keeping the lights on in their homes.
It is made even worse by a market such as the import auto parts aftermarket, where margins are SO thin on parts due to kids running "shops" out oftheir parents garages and businesses run by kids who are willing to cut each others throats instead of working together like every other industry on the planet, and of course customers who encourage that without thinking about the consequenses of the shop they buy at only being able to make a few dollars on a high dollar part just to make the kid happy...
Panducky is closing at the end of the month (it basically already is, but i can't move into the new shop till after the 1st)... but life moves on. I'm moving the "shop" into a smaller building around the corner, and will continue on with some small work, and fabricating. It'll be (for the most part) a closed-door shop... i.e. no retail, no parts sales unless necessary, and i'm going to be VERY selective about the work that i do so that i can focus on fabrication projects that i have in front of me, like the Ruckus Scooter project, and a couple of things in the pipeline behind it.
I do want to thank everyone for thier support and business through all of this... we definitely had some fun times, and i wouldn't trade it for the world.
Thanks!
It is made even worse by a market such as the import auto parts aftermarket, where margins are SO thin on parts due to kids running "shops" out oftheir parents garages and businesses run by kids who are willing to cut each others throats instead of working together like every other industry on the planet, and of course customers who encourage that without thinking about the consequenses of the shop they buy at only being able to make a few dollars on a high dollar part just to make the kid happy...
Panducky is closing at the end of the month (it basically already is, but i can't move into the new shop till after the 1st)... but life moves on. I'm moving the "shop" into a smaller building around the corner, and will continue on with some small work, and fabricating. It'll be (for the most part) a closed-door shop... i.e. no retail, no parts sales unless necessary, and i'm going to be VERY selective about the work that i do so that i can focus on fabrication projects that i have in front of me, like the Ruckus Scooter project, and a couple of things in the pipeline behind it.
I do want to thank everyone for thier support and business through all of this... we definitely had some fun times, and i wouldn't trade it for the world.
Thanks!
Trending Topics
#10
wow ... so sorry to hear John.
But i'm pretty sure you'll be enjoying the quality time with your projects by being more selective with each one.
we as a community will continue to support you and your ventures i'm sure
But i'm pretty sure you'll be enjoying the quality time with your projects by being more selective with each one.
we as a community will continue to support you and your ventures i'm sure