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timpsons buy johnsons


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well i just been told timpsons have bought out johnson dry cleaners for over 8 million 

not much left on the high st they can buy surely

how many of you guys out there do shoe repairs for johnsons

 

I had a conversation today with a guy who 'rents' the part within Johnsons and he is worried of losing it - which i think will be far worse than losing a agent

where will this end?

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were do they get the money from mr t wants to own everything ? perhaps a step to far perhaps , its no secret hes wanted johnsons for a while

 

They get the money from 1300 profitable high street and shopping centre units last I heard they were pocketing almost 8 mil a year after tax, I'm sure someone on here has more accurate figures, seems a waste of money really he could have bought my business for half the price he bought johnsons I'd let it go for 4 million

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Are the wages high at Timpsons? £8m from 1300 shops is, on average, only £118 profit per week, per shop.

 

https://en.m.wikipedia.org/wiki/Johnsons_Cleaners_UK Is an entertaining read about the "enemy within", I can see the film trailer now

 

 

Broken down per week per shop thats about right the thing we all tend to forget about an animal like Timpsons are the hidden costs - 1300 shops do not run themselves. Head office, warehouse, engraving centre, shoe repair centre, watch centre, and then theres the suits that all have company cars and credit cards, not to mention the various company support staff that dont work shops but still need paying, not to mention a staff percentage of about 60% of absolute plebs who talk utter bollox and screw up the very jobs they are supposed to be "experts" at fixing :) I'm sure the costs spiral at times

 

I dont think he really wants the business, its more about creaming off the better locations and ditching the crap ones (much as they did with Automagic & Minit)

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£134 a week would indicate a high proportion of the shop probably only break even or are unprofitable.

 

I am now going to go and look up what "ad-hominem" means.

ad hominem
ad ˈhɒmɪnɛm/
adverb & adjective
 
  1. 1.
    (of an argument or reaction) directed against a person rather than the position they are maintaining.
    "an ad hominem response"
  2. 2.
    relating to or associated with a particular person.
    "the office was created ad hominem for Fenton"
     
    I had no idea either lol
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I think it is very difficult when you have spent a long time building a reputation, a service and got the experience and kit to make it work for, some Numpty to userp you and undo all the good you have achieved by giving poor advice, poorer service, charging higher prices with a promise of better things, to then burn your customers fingers who then decide it is the industries fault and therefore withdraw from the arena.

Do ask me how I know sometime.

Peeed off from suffolk

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as for how much they make, when i worked for them i was surprised at how little some of the branches took each week. obviously they see a future in dry cleaning., just me but could it be too big too fast think we shall have to wait and see think he will cherry pick the sites best of luck to him?

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