In a message dated 10/27/2006 11:58:06 AM Central Standard Time,
leejohn7@gmail.com writes:
> I'm sure you're all correct; buying any business is fraught with problems.
>
> My notion was not to buy and operate as a business but to buy and liquidate
> the inventory for the benefit of the Triumph community. No huge profit
> opportunity for the investors, rather perhaps an expected modest rate of
> return. Maybe investors get to take parts at big discount to listed prices.
> Maybe list members get a smaller but still worthwhile discount. Maybe
> directors work for expenses and the fun of it. Obviously all depends on
> value of the inventory vs asking price.
That was my thinking as well. I'm sure there are a few of us willing to
invest $5,000 to $10,000 in a modest parts assortment with a good prospect of
getting our money back out over the next three to five years but if the whole
lot
is in the hundreds of thousands of dollars I'm out. Maybe someone out there
is willing and able but if he is smart he will let it fester on the market for
a few years until the seller comes down in price.
>
> BUT, judging from the deafening silence, this is not something of interest
> to a large number of folks. No problem here; more time for spousal
> projects. In fact m'lady has not been advised of my errant enthusiasm and
> most likely she would be even less enthuisiastic than you all!
Certainly a worthwhile investment. If momma ain't happy, ain't nobody happy.
Dave
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