Bad news...

Discussion in 'General Reef Topics' started by omard, Jul 1, 2008.

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  1. omard

    omard Gnarly Old Codfish

    Joined:
    Sep 28, 2003
    Messages:
    4,745
    Location:
    Silverdale, Washington
    Just returned from LFS who has supported me for last 7 years. (and vice versa)...

    Seems he is just not going to be able to stay in business much longer. :-[

    Guess people are more concerned about any spare $ around going into gas tank in lieu of fish tank...:-/

    Laid off all help...selling stock at less then his normal ridiculesly cheap prices, just to pay electric bill this month.

    Am really bummed out for him. He is really a nice guy who has been a great help since starting out.

    Always had in back of my mind to buy him out one day if he decided to move on to something else...but in these economic conditions now would be really reluctant to do so...

    Anyway, came home with a really nice BTA and some zoa's for $35.

    Too bad my tank just does not need anything else. Am curious to see where the anem is going to squeeze itself in...[​IMG]

    Would be a great time to be starting up a new tank if you had the cash...

    Also noticed local craigslist is flooded with tanks and equipment for sale.

    Not a good sign... [​IMG]
     
    Last edited: Jul 1, 2008
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  3. GuitarMan89

    GuitarMan89 Giant Squid

    Joined:
    Mar 31, 2008
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    Location:
    Wilmington, DE
    that stinks, I have sort of noticed that in my area too, people's priorities are changing
     
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  4. R34dawn

    R34dawn Ocellaris Clown

    Joined:
    Apr 21, 2008
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    1,464
    Location:
    Garden Creek,VA
    Anymore that seems like the future of a lot of business due to the so call high prices,
    really sorry to hear that bout the lfs
     
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  5. wareagle35031

    wareagle35031 Bubble Tip Anemone

    Joined:
    Jan 22, 2008
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    677
    Location:
    alabama
    Things are getting tough everywhere, and going to get worse, sorry for the guy Omard, Yeah there are some bargains on tanks and equipment now

    Karma for the new stuff
     
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  6. baugherb

    baugherb Giant Squid

    Joined:
    Sep 8, 2007
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    5,205
    Location:
    southington, ohio
    Man that sucks.....
     
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  7. lunatik_69

    lunatik_69 Giant Squid

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    Jul 10, 2007
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    7,933
    Location:
    Miami, FL
    That sucks Scott, esp. if he's a "good" lfs and is honest. What are your other options? This "recession" typically happens right before an election. Should get better after Nov. Luna
     
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  9. BaxterS80

    BaxterS80 Pajama Cardinal

    Joined:
    Jul 31, 2007
    Messages:
    1,426
    Location:
    Baltimore, MD
    Sorry to hear about your lfs, omard...Times like these usually effect the small business before big business....
     
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  10. nemo1991

    nemo1991 Millepora

    Joined:
    Mar 13, 2008
    Messages:
    907
    Location:
    rocklin
    sorry to hear that, yeah it sucks, i am telling you we should all jsut not buy gas for a week, until they drop it to $2 a gallon.
     
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  11. Ash and Mike

    Ash and Mike Astrea Snail

    Joined:
    Jun 18, 2008
    Messages:
    66
    Location:
    Alaska
    I agree with you all there... It's sad too because I've noticed many people who keep salt-water tanks are much more appreciative of the beauty of nature and they take WAY better care of their tanks than a lot of other animal-hobbies I have seen around... =)



    I wish gas was back to $2 a gallon.... It's sad when someone my age (21) can say, "Gosh, I remember when gas was cheap." :-/
     
  12. geekdafied

    geekdafied 3reef Sponsor

    Joined:
    Oct 25, 2006
    Messages:
    3,941
    Location:
    TX

    Im not all that much older then you... I can remember my dad complaining about paying $0.98 a gallon. Im glad hes not around to see this crap.

    I had a buddy of mine who went out of business that I supported for a number of years. When I heard he was going out of business, I went strait over there to see if there was anything I could do. He was talking about not being able to the gas bill for that month (gas furnace). He didnt know what he was going to do. LFS is all he ever did, his first job was in a LFS. Whats a guy like that to do? Uneducated for the most part and had been doing aquaria for over 30 yrs. Thats just a shame.

    The other LFS here, the one I use to work at appears to be going out of business soon too. They laid off their manager and most of the other employees. The owner and 2 other people work their now. Its the only place to be quality livestock (retail)within 80miles. His business was started back in the 60's. He's another one who has done this all of his life. The original owner has since retired and sold out about 15yrs ago to the current owner who has worked in the store since the early 80s. I give them corals on consignment so they dont have to worry about buying them until it sells. I love the owner like a brother, and would do anything in my power to help him out.

    To be in this business, you trully have to have a passion for it. If not, its not worth it. You could easily have a small fortune tied up into a system and something go wrong that was uncontrollable and lose it in a heartbeat. Ive been there. If you old skool reefers on here remember, I lost over 300 acro frags last year when I had a heater malfunction and boil the tank down to where it exposed the heater, the burst and electricuted everything. Total loss. But with some help from members on this bored, they hooked me up with some frags and got me back on my feet. We reefers have to help each other out from time to time when "life" happens.