Originally Posted by
Jarlybart
There is money to be made in that company, profit even after you dig the company out of the huge hole it's in. I hope someone will step-up and buy it...DON'T INVEST...BUY IT!
I do think the company can be profitable.
But, based on the 2015/2016 disclosures, my guess is that the free and clear buyout price would be about $3 Million.
Moderately less if one wished to assume a mountain of debt.
The disclosure also stated that they have no patents.
If one wishes to have a bike business, one would have to weigh starting new from scratch vs buying an existing company. Although, I wouldn't choose to do direct competition with a local company.