The End for Ed Roman?? Temporarily

Scastles · Post by **Scastles** » Fri Jun 15, 2007 7:50 am

MORE BREAKING BUZZ
Roman Guitars Closing
(Port Washington, NY - June 14, 2007) Las Vegas-based Ed Roman Guitars, known as “The World’s Largest Guitar Store,” began liquidating its assets on June 13. This comes six months after Roman sold the business to a company operating area car dealerships. According to Roman, nine employees were let go in May, followed by 13 more on June 13. Roman believes a car dealership will replace his store, due to the potential for more profits.
“I want everyone to know I’ll be back and everything will be made whole,” said Roman. “I am in the process of buying my name back. I didn’t sign any non-compete clause, so I hope to reopen a store, although it won’t be as large as my last one.”
According to Roman, his potential new store would also open in the Las Vegas

sodbuster · Post by **sodbuster** » Sun Jun 17, 2007 4:01 am

Makes ya wonder, with all the Ricks he has in stock, if they are bought by a wholesaler, and resold, if they would still be warranteed

jingle_jangle · Post by **jingle_jangle** » Sun Jun 17, 2007 4:30 am

If the "wholesaler" is not an authorized Rick dealer, then the answer is no.

I don't think you mean "wholesaler"; I don't believe that Ed would do such a deal, although he probably would offer a slight discount for a quantity buy.

bob_atherton · Post by **bob_atherton** » Sun Jun 17, 2007 5:44 am

"offer a slight discount for a quantity buy."

LOL...

elysrand · Post by **elysrand** » Sun Jun 17, 2007 6:41 am

So they would then all be only slightly-less way overpriced, instead of way overpriced?

To be fair, he earned my respect back a little when a fellow Forumite ordered his 4003DCM through Ed, and lo and behold Ed shipped it straightaway as soon as it arrived, with none of that Chicago Music Exchange skullduggery.

jnbass · Post by **jnbass** » Sun Jun 17, 2007 7:13 am

Ah, but the second 4003 DCM was being held out for SD!

jingle_jangle · Post by **jingle_jangle** » Sun Jun 17, 2007 7:21 am

Sorry, Jared, SD?

sir_andrew_of_left_coast · Sun Jun 17, 2007 9:31 pm

Skullduggery, perhaps?

johnallg · Post by **johnallg** » Mon Jun 18, 2007 4:45 pm

But he held that DCM back, not selling it, and did honor the sale price of the one he delivered. No SD there.

elysrand · Post by **elysrand** » Mon Jun 18, 2007 4:56 pm

Does he still have that second one he put into stock, I wonder, or did it go with the overall liquidation?

johnallg · Post by **johnallg** » Mon Jun 18, 2007 5:25 pm

Dunno - a phone call might solve that... I was backing your statement that he didn't pull a CME with the one he did sell. As I remember it, he was holding it out way back in August 06, not selling it.

elysrand · Post by **elysrand** » Mon Jun 18, 2007 5:43 pm

Good on Ed, then, John!

We should probably then mark down that Ed Roman is holding one of the "60" US 4003DCMs as his, in our informal inventory of where they all are...

wayang · Post by **wayang** » Tue Jun 19, 2007 7:46 am

“I want everyone to know I’ll be back and everything will be made whole,” said Roman,“...although it won’t be as large as my last one.”

Thanks for the warning, Ed..