Sunbeam Specialties is For Sale

[tylerite3124]

I just received an email from Rick McLeod advising that Sunbeam Specialties is for sale. The email actually asks if i might consider an investment and turn a hobby into a business. I’m hoping that he doesn’t sell to someone like Moss who could care less about the brand. Classic Sunbeam would be a natural if Curt wanted to have an outlet on the west coast. Hopefully there are some good prospects that arise out of the SAOCA membership.

 

[Aladin Sane]

I doubt Moss would be interested. They only bought VB for the triumph and MG inventory. I still suspect most of the sunbeam parts went in a dumpster.

 

[tylerite3124]

I doubt Moss would be interested. They only bought VB for the triumph and MG inventory. I still suspect most of the sunbeam parts went in a dumpster.

Agreed. I know a lot of VB's Sunbeam inventory was junk but they did have some parts that were actually useful. I'm hopeful that one or two of the young guns coming into the hobby have the resources to take SS over and keep it running. Obviously, Californians would make the most sense.

Rick

 

[bobbo]

Just wondering if guys like Curt, Rick, British parts suppliers etc. buy their stock as seperate entities or if they buy and order as a sort of conglomerate. These guys know the parts and the volumes they go through. If they aren't working together perhaps doing so may be a benefit for all.
Hoping all goes well for Rick, and all the best .
Bob

 

[Aladin Sane]

I think it would be an interesting job, but one, I am pretty close to retirement, and two, there is no way I am moving to California.

 

[junkman]

I think it would be an interesting job, but one, I am pretty close to retirement, and two, there is no way I am moving to California.

Amen to that !!

 

[Warren]

Wow let's beat on Calunicornia...
But back to the facts of selling SS.
How do you value the goodwill .
I am pretty sure he owns the building so given the price of commercial real estate and the legislature wanting to kill prop 13 basis valuations on businesses. Then there's inventory. IDK how many air cleaner housing's he has left but just the list of vendors that he obtains parts from has value. An example would be maybe he gets headliner's from ACME in Long Beach, no not Wile E Coyote's vendor of choice But then living near the current location or moving the inventory also limits the pool of buyer's, if you could say there's anything in the pool But if you take a hint from others present at the STOA swap meet meet lots of windshields moved...