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jyounkertoday at 12:57 PM2 repliesview on HN

Oriental carpet stores are interesting businesses. I always wondered how they stayed open until I met someone whose family has been in the business for several generations.

Individual sales are in the thousands, so they operate more like high-end jewelry stores than a "normal" business. One sale a day is minimum 250K/year.

The store itself seems to be more of just a show room. There are other sales routes too. Selling into hotels would be an example. There are also maintenance services, so a high end rug in some sense can be seen as a recurring revenue source.

It's a interesting little corner.


Replies

PaulHouletoday at 3:14 PM

I had a phase when we bought several rugs at the price point you're talking about and also found some "subprime" sources of rugs that were authentic but not so go good and much more affordable.

Then I had a house full of oriental rugs and haven't needed a new one ever since.

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abhayayatoday at 1:48 PM

Oriental carpet stores seem to be doing alright still in the bay; less so in Manhattan, though you would think the same opportunity to rent property to startups could exist. Many of them have shut down or are only open by appointment. None of them offer the personal service I suspect the author is insinuating exists still. Near as I know that level of bespoke care died off a couple of decades ago unless you are very wealthy. No doubt the competition (but not competition) of sites like etsy, temu, ebay, and the large number of people who think things look sorta like something nicer contributed to the death of the end-to-end streets of Persian carpet stores. I still remember purchasing a knock off for under $85 during the dotcom boom. Nothing was individually dyed; it was all mostly just meant to look that way, like most 'oriental' carpet now. The materiels going into making the new-fangled rug bears no resemblence to those which make an old-style one. God-forbid you drop the wrong beverage or something on a really good old hand-made rug and the dye runs. Shopping in those large Persian rug stores are still lovely, when you can find one that is open (by appointment or not). They rarely have posted hours either.