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Question would be who would run it. Time commitment would be endless. Hartmut ----- Original Message ----- From: "Kevin Gassert" <[EMAIL PROTECTED]> To: "Hartmut Beil" <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]>; <[email protected]> Sent: Friday, October 10, 2003 12:05 PM Subject: RE: [COUPERS-FLYIN] Re: Digest list: Ercoupe Hangar Flying Has the owners club ever considered buying it? Kevin -----Original Message----- From: Hartmut Beil [mailto:[EMAIL PROTECTED] Sent: Friday, October 10, 2003 2:55 PM To: Kevin Gassert; [EMAIL PROTECTED]; [email protected] I doubt that Skyport made 75k/year under the new owner. First, he did not own it for a year so far and second, the customer base must have declined a bit with Lee's departure from Skyport, or Skyport departing from Lee. This kind of business lives from the owners ability to spend a lot of time talking to customers and also from detailed knowledge of Ercoupes. I think it would be the perfect business for a knowledgeable retired person. But the commitment would have to be overwhelmingly strong. Running a business with all the paperwork , shipping, taxes and more is time consuming. Plus pampering customers - add creating and maintaining a Company website and you are in for a lot of 18 hour days. California is charging you a minimum tax of $800 if you run a LLC, which Skyport is. You would have to sell quiet a bit to break even. I am saying all that because I seriously looked into taking the business - it sounds nice to do, but the timely commitment is the big bummer. What I doubt is that the business return would allow for hiring people. I am also not even close to retirement age so I decided to see this opportunity go to someone else. If all fails, one would own 3 Garages full of parts and 14 STC's . Hartmut ----- Original Message ----- From: "Kevin Gassert" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]>; <[email protected]> Sent: Friday, October 10, 2003 11:39 AM Subject: RE: [COUPERS-FLYIN] Re: Digest list: Ercoupe Hangar Flying ----[Please read http://ercoupers.com/disclaimer.htm before following any advice in this forum.]---- Interesting... I was thinking the other way. If I was closer to retirement this might be a fun thing to go. I hope someone picks this up. When I had my first Ercoupe I spent a lot of money at Skyport restoring it. This guy has only had it a year or so hasn't he? From what I have read not many people have used them with this owner. Is that true? If it is how could he have made 75K last year? Anyway since I now have another Ercoupe the new owner can look forward to getting a bunch of money from me if he wants it. Kevin -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Sent: Friday, October 10, 2003 2:23 PM To: [email protected] ----[Please read http://ercoupers.com/disclaimer.htm before following any advice in this forum.]---- Wayne I heard it was on E Bay for $75000. I was also told directly by Skyport that I could buy it for that price. He told me the profits from sales last year was close to that number. If I was a little younger I might be tempted to take him up on it. Bob Bullock N5621F Maryland ======================================================================== ====== To leave this forum go to: http://ercoupers.com/lists.htm Search the archives on http://escribe.com/aviation/coupers/ ======================================================================== ==== == To leave this forum go to: http://ercoupers.com/lists.htm Search the archives on http://escribe.com/aviation/coupers/ ========================================================================== ==== To leave this forum go to: http://ercoupers.com/lists.htm Search the archives on http://escribe.com/aviation/coupers/
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