Macbeast
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 posted on 10/7/12 at 02:31 PM |
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OOOOOOOOHHHHH !!
Business opportunity for someone 
GTS Website announcement -
This website, the manufacturing projects, intellectual property rights and associated business is for sale.
Comes with:-
Supplier accounts
Customer database of 800+ people
Upto £200,000 per year turnover
Moulds
Jigs
Production rights
Intellectual property, drawings etc
Website and URL with approx. 1,300 unique visitor hits per month, with over 10,000 page hits (Google Analytics data).
I'm addicted to brake fluid, but I can stop anytime.
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loggyboy
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| posted on 10/7/12 at 02:37 PM |
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quote:
Originally posted by Macbeast
Website and URL with approx. 1,300 unique visitor hits per month, with over 10,000 page hits (Google Analytics data).
Are 9995 of those hits old customers looking for the latest contact details?
Mistral Motorsport
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contaminated
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| posted on 10/7/12 at 02:38 PM |
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Blimey!
Anyone fancy chipping in? I'd expect a discount on the basis that I think to quote turnover you have to demonstrate you actually supplied the
goods!
Tiger Super Six Independent
www.southernkitcars.com
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eddie99
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| posted on 10/7/12 at 02:38 PM |
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Gotta be worth £20 
http://www.elitemotorsporteng.co.uk/
Twitter: @Elitemotoreng
Facebook: http://www.facebook.com/pages/Elite-Motorsport-Engineering/153409081394323
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NOTE:This user is registered as a LocostBuilders trader and may offer commercial services to other users
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owelly
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| posted on 10/7/12 at 02:38 PM |
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http://www.ppcmag.co.uk
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steve m
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| posted on 10/7/12 at 02:42 PM |
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And all so he can start again under a differnt name, and fleece every one again ?
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jeffw
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| posted on 10/7/12 at 02:53 PM |
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If a company has a value because of the goodwill associated with the name then surely GTS as a brand is worthless. Can you imagine if you took it
over all the phone calls you would get asking for money or parts...the mind boggles
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contaminated
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| posted on 10/7/12 at 03:01 PM |
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quote:
Originally posted by jeffw
If a company has a value because of the goodwill associated with the name then surely GTS as a brand is worthless. Can you imagine if you took it
over all the phone calls you would get asking for money or parts...the mind boggles
Exactly, no way you could continue to trade as GTS. On that basis only the jigs, rights, moulds etc are actually worth anything. Supplier accounts
makes me laugh too.
Tiger Super Six Independent
www.southernkitcars.com
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mookaloid
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| posted on 10/7/12 at 03:06 PM |
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Methinks this is a bit of a
(Poisioned chalice )
"That thing you're thinking - it wont be that."
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designer
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| posted on 10/7/12 at 03:12 PM |
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What bits is he selling, anybody know?
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TheGiantTribble
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| posted on 10/7/12 at 03:17 PM |
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I wonder if this might be the easy way of people getting their stuff they are owed, chip together then supply to each other.
Of course it could be a good way to get to meet the current owner face to face for a little talk, question and answer
...'do you know how much damage this hammer would suffer if it dropped on your knee cap' kinda question
(to miss quote the great Hitch Hickers guide to the galaxy)
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Alan B
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| posted on 10/7/12 at 03:59 PM |
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Even using the old "upto" trick....
1 pound is "upto" 200k
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zilspeed
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| posted on 10/7/12 at 04:25 PM |
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Unquestionably the most discredited 'brand' in the entire history of the British kit car industry.
As a business, the identity is utterly worthless.
The highest the value could ever be is of someone of a philanthropic persuasion were to buy the brand specifically to kill it and ensure it never sees
the light of day again.
This would be a service to everyone.
The tangible assets (if there actually are any) would only have value in isolation from the brand.
It's a shame, the products were quite good.
Unfortunately, the name as well as the proprietor are forever discredited.
Then again.
Anyone remember Vic Lee ?
Caught smuggling drugs and went to prison losing everything in the process having once run a succesfull BTCC team. (Listerine BMWs 318is with Steve
Soper and Time Harvey driving.)
He got out of the nick, and bold as brass popped up and did it all over again.
Works Peugeot team in BTCC, doing well, smuggled drugs again. Caught, back in the nick.
Some people have all the chutzpah in the world and have no shame whatsoever.
The bold Darren seems to fit this mould pretty well.
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Mr C
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| posted on 10/7/12 at 04:59 PM |
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quote:
Originally posted by steve m
And all so he can start again under a differnt name, and fleece every one again ?
Its too late, he has started on GT forty's. He's rationalised the website and separated the GT Forty side of things. Looking at the GT
forums he's already annoyed fellow manufacturers especially Tornado, by copying their chassis and undercutting prices which are not sustainable.
its a just a matter of time before it goes pear-shaped
The only thing you'll be buying with GTS is the debt.
Girl walks into a bar and asks for a double entendre, so the barman gave her one
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Agriv8
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| posted on 10/7/12 at 05:06 PM |
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quote:
Originally posted by zilspeed
Unquestionably the most discredited 'brand' in the entire history of the British kit car industry.
As a business, the identity is utterly worthless.
The highest the value could ever be is of someone of a philanthropic persuasion were to buy the brand specifically to kill it and ensure it never sees
the light of day again.
This would be a service to everyone.
The tangible assets (if there actually are any) would only have value in isolation from the brand.
It's a shame, the products were quite good.
Unfortunately, the name as well as the proprietor are forever discredited.
Then again.
Anyone remember Vic Lee ?
Caught smuggling drugs and went to prison losing everything in the process having once run a succesfull BTCC team. (Listerine BMWs 318is with Steve
Soper and Time Harvey driving.)
He got out of the nick, and bold as brass popped up and did it all over again.
Works Peugeot team in BTCC, doing well, smuggled drugs again. Caught, back in the nick.
Some people have all the chutzpah in the world and have no shame whatsoever.
The bold Darren seems to fit this mould pretty well.
Ahh there is a name that takes me back Vic Lee (when I was scrapping tyres in Touring cars / Clio's ) he must be about out know thought he got
about 8 years IIRC - Saying that he looked a bit thugish
ATB agriv8
Taller than your average Guy !
Management is like a tree of monkeys. - Those at the top look down and see a tree full of smiling faces. BUT Those at the bottom look up and see a
tree full of a*seholes .............
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JekRankin
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| posted on 10/7/12 at 05:16 PM |
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I've just noticed that if you google GTS Tuning, the search results tell you all you need to know....
"Buy from GTS Tuning ?????? No, No, No, No,No, No, No, No,No, No, No, No,No, No, No, No,No, No, No, No,No, No, No, No,No, No, No, No,No
..."
"GTS Tuning - THE WORST LOCOST TRADER?‎"
"Problems with GTS tuning and Darren George"
etc.etc.
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Humbug
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| posted on 10/7/12 at 05:57 PM |
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quote:
Originally posted by contaminated
quote:
Originally posted by jeffw
If a company has a value because of the "good""will associated with the name then surely GTS as a brand
is worthless. Can you imagine if you took it over all the phone calls you would get asking for money or parts...the mind boggles
Exactly, no way you could continue to trade as GTS. On that basis only the jigs, rights, moulds etc are actually worth anything. Supplier accounts
makes me laugh too.
!!
[Edited on 10.07.2012 by Humbug]
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austin man
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| posted on 10/7/12 at 08:49 PM |
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I was thinking of buying it then I thought about it and had to question whether he would actually deliver on it lol
Life is like a bowl of fruit, funny how all the weird looking ones are left alone
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blakep82
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| posted on 10/7/12 at 09:00 PM |
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i'm sure oi've seen people say the product is very good, just a question of IF you can get hold of it, so....
surely there's an oppertnitiy to buy the jigs, drawings, production rights, drawings etc, then produce it all with good customer service and
delivery, but under a different name?
a ready to go business, already set up, just needing a new name
you've also got a list of customers to contact saying you've taken it over, under new management etc
seems like a reasonalbe oppertunity for someone that can do it well
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
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jeffw
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| posted on 10/7/12 at 09:17 PM |
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quote:
Originally posted by blakep82
you've also got a list of customers to contact saying you've taken it over,
Must admit I can see some slight issues with that....like solicitors letters & death threats or demands for money with menaces...
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blakep82
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| posted on 10/7/12 at 09:20 PM |
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quote:
Originally posted by jeffw
quote:
Originally posted by blakep82
you've also got a list of customers to contact saying you've taken it over,
Must admit I can see some slight issues with that....like solicitors letters & death threats or demands for money with menaces...
well, i did consider that, but i guess the liability still lays with darren, given that the business has been sold, but of course, the buyer should
have some decent contact details for the previous owner...
does a business need to be sold through a solicitor? like houses do?
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
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ReMan
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| posted on 10/7/12 at 09:23 PM |
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quote:
does a business need to be sold through a solicitor? like houses do?
This one? I would
www.plusnine.co.uk
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