RMC goes out of business

CR250Rider
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CR250Rider
Edited Date/Time 1/27/2012 5:01pm
I'm in Maui and a friend just called me in shock.

RMC was a big player in the Seattle motorcycle scene.
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Jesse318NW
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Jesse318NW 12/1/2011 5:25pm
12/1/2011 5:25pm
CR250Rider wrote:
I'll bet the Harley side stays there though
Bad News. The website says they are going to use the space for their Honda Car dealership.
MX Culture
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MX Culture 12/1/2011 5:28pm
12/1/2011 5:28pm
Renton motorcycles, was that the shop with the indoor track?
another shop just closed in Chicagoland yesterday too.
mx317
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mx317 12/1/2011 5:30pm
12/1/2011 5:30pm
There is a bozo over at Thumpertalk that says dealers pay $4500 for 450s and are making all kinds of money. It's tough for a dealer at this time.

The Shop

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Hando
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Hando 12/1/2011 5:37pm
12/1/2011 5:37pm
Sure they pay $4500 for bikes..they need to make a profit

the problem is, no one can afford to drop 9-10K on a new DIRtbike!!
mx317
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mx317 12/1/2011 5:45pm
12/1/2011 5:45pm
Hando wrote:
Sure they pay $4500 for bikes..they need to make a profit

the problem is, no one can afford to drop 9-10K on a new DIRtbike!!
They pay a lot more than $4500.
Shenzi
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Shenzi 12/1/2011 5:52pm
12/1/2011 5:52pm Edited Date/Time 12/1/2011 5:56pm
MX Culture wrote:
Renton motorcycles, was that the shop with the indoor track?
another shop just closed in Chicagoland yesterday too.
which shop closed yesterday Dave? you mean Woodfield?
gsxr6
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gsxr6 12/1/2011 5:55pm
12/1/2011 5:55pm
Hando wrote:
Sure they pay $4500 for bikes..they need to make a profit

the problem is, no one can afford to drop 9-10K on a new DIRtbike!!
mx317 wrote:
They pay a lot more than $4500.
yea more like 6500 to 7000
MX Culture
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MX Culture 12/1/2011 6:10pm
12/1/2011 6:10pm
MX Culture wrote:
Renton motorcycles, was that the shop with the indoor track?
another shop just closed in Chicagoland yesterday too.
Shenzi wrote:
which shop closed yesterday Dave? you mean Woodfield?
yep
mindbend1979 12/1/2011 6:19pm
12/1/2011 6:19pm Edited Date/Time 12/1/2011 6:20pm
Hando wrote:
Sure they pay $4500 for bikes..they need to make a profit

the problem is, no one can afford to drop 9-10K on a new DIRtbike!!
mx317 wrote:
They pay a lot more than $4500.
gsxr6 wrote:
yea more like 6500 to 7000
Try more like a $500 profit on a current year 450 sold at full retail. The only way you see these killer deals is when manufacturers like Honda offer big rebates on carry over machines. End of story. I've been a manager at multi-line dealership for the last 10 years.
RexBackman
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RexBackman 12/1/2011 6:24pm
12/1/2011 6:24pm
Yes, RMC had an indoor track but the track has been closed for a couple of years. The dealership closed it's doors Monday.
sharkey
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sharkey 12/1/2011 7:25pm
12/1/2011 7:25pm
this place was truely the best setup ive ever seen. awesome dealership that had bikes gear and parts. they used to have a indoor track, heated area to watch inside, then if you wanted to you could sit in the restaurant/bar behind glass and have drinks or dinner and still watch mx. if you broke your bike, guess what walk over to parts dept. the most well thought out place ive ever seen. good times
WhKnuckle
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WhKnuckle 12/1/2011 7:29pm
12/1/2011 7:29pm
mx317 wrote:
They pay a lot more than $4500.
gsxr6 wrote:
yea more like 6500 to 7000
mindbend1979 wrote:
Try more like a $500 profit on a current year 450 sold at full retail. The only way you see these killer deals is when manufacturers...
Try more like a $500 profit on a current year 450 sold at full retail. The only way you see these killer deals is when manufacturers like Honda offer big rebates on carry over machines. End of story. I've been a manager at multi-line dealership for the last 10 years.
I think most dealers are more excited when a guy comes in and buys a Shoei helmet and a pair of Gaerne S12s than if he bought a new 450.
MtnBoy
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MtnBoy 12/1/2011 7:37pm
12/1/2011 7:37pm
Bad deal, I hope the best for all the guys that worked there.

I was just at RMC before Seattle SX this year, it was a bad ass shop, sad to see it go.
pitbike502
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pitbike502 12/1/2011 8:15pm
12/1/2011 8:15pm
gsxr6 wrote:
yea more like 6500 to 7000
mindbend1979 wrote:
Try more like a $500 profit on a current year 450 sold at full retail. The only way you see these killer deals is when manufacturers...
Try more like a $500 profit on a current year 450 sold at full retail. The only way you see these killer deals is when manufacturers like Honda offer big rebates on carry over machines. End of story. I've been a manager at multi-line dealership for the last 10 years.
WhKnuckle wrote:
I think most dealers are more excited when a guy comes in and buys a Shoei helmet and a pair of Gaerne S12s than if he...
I think most dealers are more excited when a guy comes in and buys a Shoei helmet and a pair of Gaerne S12s than if he bought a new 450.
Last two posts nailed it. Lot less invested in those boots too to sit on a shelf (floorplan...)
MX Culture
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MX Culture 12/1/2011 8:22pm
12/1/2011 8:22pm
MtnBoy wrote:
Bad deal, I hope the best for all the guys that worked there. I was just at RMC before Seattle SX this year, it was a...
Bad deal, I hope the best for all the guys that worked there.

I was just at RMC before Seattle SX this year, it was a bad ass shop, sad to see it go.
Yep, I went to one of their sx open houses years ago and every top rider was ther.
it was an impressive dealership for sure.
sorry to hear.
CR250Rider
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CR250Rider 12/1/2011 8:55pm
12/1/2011 8:55pm
We had lunch there a month ago and I noticed the bike inventory was way down.
I tried to buy a head gasket for a 02 CR250 and they didn't even stock it.

I wondered if they were cutting down on inventory then...

It was the best dirt bike store I've ever seen, so sad.

I guess thats what happens when the tail wags the dog. BUILD BIKES THE PUBLIC WANTS INSTEAD OF CRAMMING THUMPERS DOWN OUR THROATS...( ? )
FIREfish148
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FIREfish148 12/2/2011 1:12am
12/2/2011 1:12am
Sad deal for sure... I bought my most recent bike there a while ago, and stop in there about 2 times a month to buy parts and clothing. They just seemed to have wayy too much employees and overhead to be running that big of a place in these times. In my opinion the dumbest thing they did was build an arenacross track with a bar/ restaurant only to close it a year later. That brought so many riders in! It just seemed bazaar to one day go to the bar and over look the parts depot or whatever it was through the glass.

Pit Row

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uk125250
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uk125250 12/2/2011 2:11am
12/2/2011 2:11am
Hando wrote:
Sure they pay $4500 for bikes..they need to make a profit

the problem is, no one can afford to drop 9-10K on a new DIRtbike!!
mx317 wrote:
They pay a lot more than $4500.
I was thinking tha too. I know there wasn't a lot to be made on KTMs when my cousin had a shop.
burnside
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burnside 12/2/2011 5:14am
12/2/2011 5:14am
Hando wrote:
Sure they pay $4500 for bikes..they need to make a profit

the problem is, no one can afford to drop 9-10K on a new DIRtbike!!
mx317 wrote:
They pay a lot more than $4500.
uk125250 wrote:
I was thinking tha too. I know there wasn't a lot to be made on KTMs when my cousin had a shop.
I thought a 100% mark up was fairly standard for retail?
Roscoe33
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Roscoe33 12/2/2011 7:00am
12/2/2011 7:00am
mx317 wrote:
They pay a lot more than $4500.
uk125250 wrote:
I was thinking tha too. I know there wasn't a lot to be made on KTMs when my cousin had a shop.
burnside wrote:
I thought a 100% mark up was fairly standard for retail?
try closer to 5 % today.
crashnburn11 12/2/2011 8:30am
12/2/2011 8:30am Edited Date/Time 12/2/2011 8:30am
burnside wrote:
I thought a 100% mark up was fairly standard for retail?
30-70% is pretty standard for retail, but not for bikes, cars, etc.
kippy450
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kippy450 12/2/2011 8:42am
12/2/2011 8:42am
I am really shocked. I used to go there when it was just a Honda and Suzuki dealer...They grew like crazy. Probably the reason they are going out...grow to fast and couldn't maintain it. Sad for sure.
kippy450
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kippy450 12/2/2011 8:47am
12/2/2011 8:47am Edited Date/Time 12/2/2011 8:47am
CR250Rider wrote:
We had lunch there a month ago and I noticed the bike inventory was way down. I tried to buy a head gasket for a 02...
We had lunch there a month ago and I noticed the bike inventory was way down.
I tried to buy a head gasket for a 02 CR250 and they didn't even stock it.

I wondered if they were cutting down on inventory then...

It was the best dirt bike store I've ever seen, so sad.

I guess thats what happens when the tail wags the dog. BUILD BIKES THE PUBLIC WANTS INSTEAD OF CRAMMING THUMPERS DOWN OUR THROATS...( ? )
I Leave in Spokane and for years we didn't have a Yamaha shop in the Valley because they went under....and that is exactly what they started doing.....I got an 08 450 for $5700....that's 200 less then what I paid for 2000 426. They were gone two months later. We've had so main shops close its not even funny.
FreshTopEnd
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FreshTopEnd 12/2/2011 8:49am
12/2/2011 8:49am
CR250Rider wrote:
We had lunch there a month ago and I noticed the bike inventory was way down. I tried to buy a head gasket for a 02...
We had lunch there a month ago and I noticed the bike inventory was way down.
I tried to buy a head gasket for a 02 CR250 and they didn't even stock it.

I wondered if they were cutting down on inventory then...

It was the best dirt bike store I've ever seen, so sad.

I guess thats what happens when the tail wags the dog. BUILD BIKES THE PUBLIC WANTS INSTEAD OF CRAMMING THUMPERS DOWN OUR THROATS...( ? )
Do you really think that declining sales of 250 and 450 motocrossers is what is hurting the motorcycle industry right now and pounding the bottom line of shops? And that the problem shops have would be turned around if they only sold 250 two strokes for $6.5-7k instead?
mindbend1979 12/2/2011 9:18am
12/2/2011 9:18am Edited Date/Time 12/2/2011 9:19am
CR250Rider wrote:
We had lunch there a month ago and I noticed the bike inventory was way down. I tried to buy a head gasket for a 02...
We had lunch there a month ago and I noticed the bike inventory was way down.
I tried to buy a head gasket for a 02 CR250 and they didn't even stock it.

I wondered if they were cutting down on inventory then...

It was the best dirt bike store I've ever seen, so sad.

I guess thats what happens when the tail wags the dog. BUILD BIKES THE PUBLIC WANTS INSTEAD OF CRAMMING THUMPERS DOWN OUR THROATS...( ? )
FreshTopEnd wrote:
Do you really think that declining sales of 250 and 450 motocrossers is what is hurting the motorcycle industry right now and pounding the bottom line...
Do you really think that declining sales of 250 and 450 motocrossers is what is hurting the motorcycle industry right now and pounding the bottom line of shops? And that the problem shops have would be turned around if they only sold 250 two strokes for $6.5-7k instead?
Two comments.

First: I think a lot of dealers would rather not even sell motocross bikes. After they sit on our floor for awhile, and we end up selling them at cost, they COST us money. We have to pay interest every month on the floor plan, so not only do you not make a profit on motocross bikes, you often lose money. These days dealers seem to be competing against each other as to who can lose the least amount of money on motocross bikes.

Second: While the astronomical price of four stroke motocross bikes doesn't help the situation, it is not the cause. The economy is the cause. The middle class can no longer afford the machines, or the expenses to go riding. Some might be able to, but are afraid to spend the money in the uncertain economy. This does not just apply to motocross bikes, but all recreation vehicles in general. The financing has been tightened up so tight that only only customers with top tier credit scores can even get approved. Back in '07 and '08, if you had a heartbeat, you could get approved for a loan by someone. The reason why brands like KTM, BMW, Victory, and Polaris(especially their side by sides) are still posting decent sales numbers is because the upper class people still have money, and aren't afraid to spend it.
leakypipe23 12/2/2011 9:19am
12/2/2011 9:19am
CR250Rider wrote:
We had lunch there a month ago and I noticed the bike inventory was way down. I tried to buy a head gasket for a 02...
We had lunch there a month ago and I noticed the bike inventory was way down.
I tried to buy a head gasket for a 02 CR250 and they didn't even stock it.

I wondered if they were cutting down on inventory then...

It was the best dirt bike store I've ever seen, so sad.

I guess thats what happens when the tail wags the dog. BUILD BIKES THE PUBLIC WANTS INSTEAD OF CRAMMING THUMPERS DOWN OUR THROATS...( ? )
You realize dirt bikes were vastly out numbered by cruisers, sportbikes, and ATVs in terms of sales? Margin on all of them is pretty low.

Inventory was over 1,000 units at one point, down to under 300 or so at the end. Huge building, massive overhead.

Hard parts inventory was never their forte. Bring in a ton of gear from seven different brands, sell a good chunk of it for 50% off next August. Great place to find. Boots and helmets, not so much when you needed a filter.
Shenzi
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Shenzi 12/2/2011 9:31am
12/2/2011 9:31am
CR250Rider wrote:
We had lunch there a month ago and I noticed the bike inventory was way down. I tried to buy a head gasket for a 02...
We had lunch there a month ago and I noticed the bike inventory was way down.
I tried to buy a head gasket for a 02 CR250 and they didn't even stock it.

I wondered if they were cutting down on inventory then...

It was the best dirt bike store I've ever seen, so sad.

I guess thats what happens when the tail wags the dog. BUILD BIKES THE PUBLIC WANTS INSTEAD OF CRAMMING THUMPERS DOWN OUR THROATS...( ? )
leakypipe23 wrote:
You realize dirt bikes were vastly out numbered by cruisers, sportbikes, and ATVs in terms of sales? Margin on all of them is pretty low. Inventory...
You realize dirt bikes were vastly out numbered by cruisers, sportbikes, and ATVs in terms of sales? Margin on all of them is pretty low.

Inventory was over 1,000 units at one point, down to under 300 or so at the end. Huge building, massive overhead.

Hard parts inventory was never their forte. Bring in a ton of gear from seven different brands, sell a good chunk of it for 50% off next August. Great place to find. Boots and helmets, not so much when you needed a filter.
why are you trying to make sense! Luckily all profit-making,breakeveing dealerships are not stocking head gaskets for 2002 bikes, we would have no shops left in the US.
The Rock
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The Rock 12/2/2011 9:38am
12/2/2011 9:38am Edited Date/Time 12/2/2011 9:38am
CR250Rider wrote:
I'm in Maui and a friend just called me in shock.

RMC was a big player in the Seattle motorcycle scene.
I'm on Maui (my buddy's property up in Haiku) too. How long are you here for?
CR250Rider
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CR250Rider 12/2/2011 9:44am
12/2/2011 9:44am
CR250Rider wrote:
I'm in Maui and a friend just called me in shock.

RMC was a big player in the Seattle motorcycle scene.
The Rock wrote:
I'm on Maui (my buddy's property up in Haiku) too. How long are you here for?
oh dang, we leave today!
we're staying in Kihei, maui banyan


Mahalo !

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