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What it boils down to is that if you want to be able to keep Skyport alive as a business, you need to run it - that's a full time job. But it is questionable if running Skyport alone will bring you so much in return that the efforts in time and money will pay you back. Nobody can replace the knowledge and experience as well the service, Lee was able to provide. I discussed the problematic with my FBO and we agreed that one either buys all parts and sells them out later, without worrying much about the business, or one needs to be in the aircraft business already and doesn't have to rely on Skyports return. Still, when you want to keep selling Landing gear fairings or Kinney nose bowls, or even the 30 gallon tank system, you'll need to be able to actually manufacture them, which can give you a few setbacks. Unless Skyport finds a home with someone who is already in the business and has the mentioned experience ( and maybe even a shop), I think we will see it disappear to someone who will just sell out the parts. And we will be in the hands of UNIVAIR alone when it comes to parts in the future. Oh boy. Hartmut ----- Original Message ----- From: "Mitch Hines" <[EMAIL PROTECTED]> To: "Greg Bullough" <[EMAIL PROTECTED]>; <[email protected]> Sent: Tuesday, October 14, 2003 2:21 PM Subject: Re: [COUPERS-FLYIN] Skyport on EBay > ----[Please read http://ercoupers.com/disclaimer.htm before following any advice in this forum.]---- > > > I've been toying with the idea of purchasing of Skyport, and could come up > with the means to purchase it. But based on the net revenue as it has been > reported it would not "keep me in the lifestyle to which I have become > accustom" ;-) In other words I would not be able to change careers and run > it. > > > > Time to run it effectively is not my only concern. My other concern is from > a technical aspect, I don't have a background in aviation, or manufacturing. > I'm in the I.T. industry. Looking at some of the STC's it appears that a > certain amount of manufacturing of parts would be involved once you sold out > of certain items like wheel paints, baggage compartments....etc. But I > guess you could farm that out. > > > > My wife on the other hand is the one with the business degrees, and could > run a business. But she could not provide the Ercoupe technical support > that folks were used to getting from Lee. > > > > In my perfect world scenario, my wife could run the business til I'm about > 50 ( 9-10 years) then I could retire and run it with her. > > > > So I guess the question would be can a business of this nature still provide > value to the customer base and be successful without the years of technical > Ercoupe knowledge that the owners/operators of the past 57 years had? > > > > --Mitch Hines > > > > > > ----- Original Message ----- > From: "Greg Bullough" <[EMAIL PROTECTED]> > To: <[email protected]> > Sent: Tuesday, October 14, 2003 4:37 PM > Subject: [COUPERS-FLYIN] Skyport on EBay > > > > ----[Please read http://ercoupers.com/disclaimer.htm before following any > advice in this forum.]---- > > > > > > At 04:01 PM 10/14/2003 -0400, Kevin Gassert wrote: > > >4 people have bid on it. Does anyone know who they are? > > > > I believe the EBay auction to be smokescreen. No rational > > person buys a business without due diligence, and you can't > > do that on EBay. You evaluate the business, value the inventory, > > and negotiate from there. It requires their accountant and > > your accountant and so on. > > > > However an EBay auction with a high > > reserve is one way to get publicity and to make it look like > > you're serious about selling. > > > > At least some of the bidders probably hope to do little more > > than to liquidate an inventory that they get for pennies on the > > dollar. As soon as bidding approaches the actual worth of > > the business (or as soon as they get caught be a reserve) > > they'll evaporate. > > > > Greg > > > > > ========================================================================== == > == > > 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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