DAP for sale

[ukoffroad]

http://www.dap-inc.com/

thought that was interesting. See their front page.

 

[D Chapman]

Your buddy Steve Young drove that place into the ground.

 

[WNYDiscoIIErik]

Steve Young and his millions to the rescue

 

[ptschram]

$65K?

WTF?

I'd be embarrassed to only ask that much for my business given what my accountant says it's worth.

I probably have that in inventory right now-LOL.

 

[ArmyRover]

I would consider doing something like this if I was at 20 years for retirement. I would require for purchase proof that SY was never a owner though.

 

[Mongo]

huh...65k

so isn't SY 50% owner...

 

[ptschram]

Where is Steve Young these days???

Anybody heard from him lately?

He and KVT hanging out together?

 

[jafir]

this steve young? http://en.wikipedia.org/wiki/Steve_Young

 

[p m]

this steve young? http://en.wikipedia.org/wiki/Steve_Young

Nope, it doesn't say a word about Special Forces etc.

 

[DonC]

Where is Steve Young these days???

Anybody heard from him lately?

He and KVT hanging out together?

http://www.kinneyaudi.com/dealership/staff.htm

 

[ptschram]

I'm surprised he isn't the used car sales manager!

 

[garrett]

I have a special force in my pants.

 

[ukoffroad]

I was surprised at the low price, but I am not familiar with that business. Seems like an odd way to sell a business, almost a craigslist type of ad. Hate to think 20 years of work was only worth 60k.

 

[az_max]

Is there enough stock to make $65k a good purchase for another Rover retailer?

The buyer will also agree to assume what payables and receivables that exist at the time of sale.

Could this be in the $100,000 range, causing the sale price to be lowered?

 

[Blueboy]

Feel sorry for the Audi owners bringing their vehicles in for service.

 

[jafir]

Feel sorry for Audi owners

fixed it for you.

 

[Ballah06]

Is there enough stock to make $65k a good purchase for another Rover retailer?



Could this be in the $100,000 range, causing the sale price to be lowered?

I would think that any serious buyer considering purchasing this company will identify all of the outstanding current and long-term obligations, at the time of sale, and factor those into the asking price. Not being familiar with the business, there very well may be a significant amount of outstanding debt (owed payments to suppliers, taxes, etc.), which reflects the low price. Of course this information would also be necessary to at least calculate a break-even point, so the new owner can have an idea when the newly acquired venture will begin making money.

 

[JohnB]

If you don't own the property seems to be what a slow shop is worth.

 

[WNYDiscoIIErik]

I heard that Justin bought Lucky 8 for $45 and an order of vegetable lo mein, not even chicken or shrimp. Just goes to show you what these companies are really worth..........

 

[emmodg]

I am in the process now of tendering a bid. I am working with the firm of Dances, With & Wolves. At this time I cannot comment on the progress.