That's the good news.
Now here's the bad.
As part of the regulations we are required, upon making a purchase to withhold said item for 15 days before we can fix and sell it. And worse still is we have to wait until the licence has been issued to be able to buy or trade anything! OUCH! The only saving grace is we have a back stock of bikes previously purchased that we will be able to work on and put out, so fingers crossed and hope for the best!
I do want to thank (and blame (LOL)) our "Canadian Friend" for spotting the stolen bike on "Patch.com" then our site and informing us. We tracked down and contacted the owner and the bike is now securely back with him. And also, thankfully he WILL be pressing charges against the seller.
And then...
Had a killer sales and service day. Apparently the Cosmo's way of apologizing for all the trauma! Moved a few rides to new homes and had MUCHO repairs come in! Thank you all so very, very much!
And further on the happy side of our day thank the Internet for the availability of finding person(s) contact info! On the way to work yesterday we were traveling down Union (in a heavy downpour) and stumbled upon a swath of scattered paper and cards. At closer examination it turned out to be the contents of someone's purse or wallet. Checkbook, social security card, pay stub etc, etc.! All the ingredients for a theft of identity! And BELIEVE ME! That is a hell I would not wish upon my worst nemesis! I've had it happen to me THREE times! And it took six months to clear up felony theft charges in the state of Texas for of all things a Chicken Trailer! Yea, to like haul chickens because Heaven knows there is a HUGE black market value for chicken trailers! It came down to me having to fax my ID to the DA in order to compare with the video images at the rental place where the thing was rented from using my identity. Clearly I was not the master thief they were looking for! And that took six months!
ANYWAY! Sorry, went off on a tangent again! Utilizing the Internet and master detective skills I was able to track them down! (OK...I just called the place they worked at) but it was stolen in Odessa! Weird. However they are coming down to grab it and we are just happy they won't have to suffer the inconvenience of having to retrieve all of that info. I mean imagine. Dealing with the social security office!
*SHUDDER*
ANYWAY!
We do have a bit to work on today so perhaps I have spent enough time yakkin' and bettah git ta steppin"
Sorry...I just can't pull off "street"
See ya!
Oh yea, here's a couple of the goodies we put out yesterday!
 |
| SWEET DK GENERAL LEE BMX!! ONLY $95.00!! |
 |
| CLASSIC MONGOOSE EXPERT! ONLY $95.00!!! |
Do you know how much the Do General Lee weighs?
ReplyDeleteSounds like the bike gods are smiling down on you. Ya done good. By chance is there a $ threshold for inexpensive items that are excluded from the second hand dealer license regs? You would think a Magna BMX bike shouldn't be looked at or treated the same as a Cannondale Carbonfiber roadracing bike. =)
ReplyDeleteThanks for the kudos! To answer your question, no. There is NO minimum! We have to record, nd document serial numbers on SCRAP bikes!!! The burning question I have is given we buy a lot of parts from folks I have NO idea how to track them as the only thing on a bike with a serial number is the frame!
ReplyDeleteYes, it is going to be an unbelievably HUGE pin in the ass! Especially as we have to "hand deliver" our purchase reports DAILY to the Sheriffs department!
ARRGH!!
Do clothing consignment shops operate under these same rules? My experience with them are mixed, but here in NJ they take the used items in and market them, when they sell, the original owner gets paid and the shop takes a percentage. With that model the person selling you the bike is on the hook, the % would cover some of the aggravation and if you sell bikes "as is" you can negotiate repairs/upgrades before you do the work. Just food for thought. =)
ReplyDeleteunder florida statute 538 ANYONE reselling, consigning, or trading ANY item is subject to the "secondhand" rules. As far as our consignments (which are a small percentage of what we do) the seller product must meet our standards for quality before we will sell it, as we extend our warranty to consignment as well. If any pre-sale work is required we deduct it from the sale price.
ReplyDeleteWell, at least they give you a nice little web site with which to research all the rules. But that 15 day hold on stuff really sucks, Your gonna need a warehouse next to the sheriffs office and a file clerk on rollerblades. There is a place in Pittsburgh, Kraynick's bike shop, sounds like they are successful doing what your doing. Maybe they have a few trade secrets they would be willing to share since your not in the same geographic area. =)
ReplyDeleteHEH! My warehouse USED to be my back yard! Oh those were the days! I think I have heard of that place in Jersey. Yes, I'm originally from up North and this kind of business was the norm. Mostly out of someone's garage though.
ReplyDelete