Setting up a Knife Store

Joined
Apr 19, 1999
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Boy is setting up a retail operation ever a lot of work. We have been actively working at remodeling the showroom at the shop for the last two weeks to turn it into a full retail operation. The paint is finally drying now, next is the cleanup after the renovations including washing and waxing the floor to get it ready for the new showcases.

The list of other little details is almost endless...signage, flyers, distribution, decoration, yellow pages, layout details, lighting, security, telephone extension, interact banking, credit card scanner,chosing stock to carry, ordering of stock, waiting for stock, making up inventory of our own products,and so on. It never seems to end...it's a good thing that we have had a showroom for our own knives for the last 7 years so we had most of it under control before we started renovations (so we thought).

Everything we have to do involves moving something that is in the road because it was moved from somewhere else to make room for the painters or carpenters to work. Today I was told that I had to completely tidy up my work area because the knife sharpening equipment was going to be moved tomorrow afternoon so it can be seen from the showroom through the new window that was installed for the entertainment of the customers who are waiting while their knives are being sharpened.

I figured going in that the whole thing could be completed in a couple of weeks but it looks like the end of January before we will be ready to open to the public.

Now I can see why there are so few dedicated bricks and morter knife stores.
 
Good Luck George, hope the remodeled place does well, I'd love to work in a retail knife store, I'd probably work for nothing just so I could play with the knives.:D
 
George......i can almost sympathsize. I wrote a 50 page full business plan last semester for a brick & mortar/online knife retailing operation. It was certainly an immense task to design, let alone execute.

I wish you and yours the best of luck! Let us know where it is, i'm moving to mississauga this summer. :)
 
Originally posted by T. Erdelyi
Good Luck George, hope the remodeled place does well, I'd love to work in a retail knife store, I'd probably work for nothing just so I could play with the knives.:D

It is fun, I'll tell you that, but dealing with cries of "how much!?" when you tell a customer that the damascus bladed Lone Wolf is $385, not $3.85 gets old fast!
 
The only easy part of the whole exercise was the fact that we had space in the building that we could convert and didn't need to rent additional space.

I am only concerned that being out of a retail area the traffic will be lower than I would like. The shop is on the west side of Toronto International Airport in an industrial area...I can get away with the retail operation because we are selling our own product which is made on site, factory door sales so to speak.

Not being in a large shopping mall situation will hopefully reduce the browsers who are shocked at decent knife prices.

We are adding factory lines to compliment my own line of knives but are staying away from anything that I wouldn't buy myself.

I am not looking forward to the longer fixed hours that full time retail involves however.
 
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