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dlampe and mr bruce:
Post some general information about the sale/offer: current liabilities, warranties, back orders, overhead, profit margins, etc.
What kind of structure? LLC, C Corp?
It's not just the purchase price, there is new inventory, marketing and sales support, shop overhead, employee salaries, and etc. Figure you need 2x, 3x, 4x to keep it going?
How many investors do you want in the structure? It has to be managable. Future $ contributions? If you need 4x with 5 investors, that's $100k each.
We would all like to be in this business, but it's a tough market against FFR, SPF, Shelby, and Kirkham.
I'm sure you have lots of interest, (I even thought abut it!) but this will weed out those who are serious.
Just my $0.02
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Ron; SF_SN888KE
Cutting Edge Replicas 427
Shell Valley Daytona #27
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