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2type2
Samba Member
Joined: June 02, 2002
Posts: 980
Location: SW Colorado
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 Posted: Wed Mar 27, 2024 12:40 pm Post subject: Werksberg still selling? |
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I sent a couple emails to Werksberg to ask about ordering and have recieved no response.Is he still making parts or not?
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EverettB 
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Joined: April 11, 2000
Posts: 69834
Location: Phoenix Metro
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Malokin Martin
Samba Member
Joined: August 19, 2007
Posts: 3100
Location: E-burg
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| Posted: Wed Mar 27, 2024 10:25 pm Post subject: Re: Werksberg still selling? |
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I bought a month ago.
It’s just one guy and he doesn’t answer emails or PM’s. I imagine because he’s so busy and a.) doesn’t have the time or b.) he financially doesn’t have to answer our emails. Or both.
Just buy his stuff off eBay and it will arrive. Well packaged. There’s no real way to do it otherwise. He kind of has us over a barrel because it fits and is a great product. |
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don.ville
Samba YardMan
Joined: February 07, 2008
Posts: 2830
Location: West Palm Beach, FL
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| Posted: Thu Mar 28, 2024 7:09 pm Post subject: Re: Werksberg still selling? |
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Dude is 75 years old and still running a one man operation?
Hat off to that 
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70bus
Samba Member
Joined: July 15, 2004
Posts: 582
Location: P.O.
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| Posted: Fri Mar 29, 2024 10:42 am Post subject: Re: Werksberg still selling? |
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I mean, there's this
https://www.thesamba.com/vw/classifieds/detail.php?id=2655741
someone could be looking to slow down in life...
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don.ville
Samba YardMan
Joined: February 07, 2008
Posts: 2830
Location: West Palm Beach, FL
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| Posted: Fri Mar 29, 2024 11:04 am Post subject: Re: Werksberg still selling? |
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So the answer to the question posed in the title of the thread is :
Yes! (Werksberg is selling…the whole company )
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67 Standard 11 window How I Keep My Bus Alive
04 Jetta TDI Page (SOLD)
01 Mexican Beetle Hello Kitty Rescue (SOLD)
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EverettB
Administrator
Joined: April 11, 2000
Posts: 69834
Location: Phoenix Metro
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| Posted: Fri Mar 29, 2024 5:19 pm Post subject: Re: Werksberg still selling? |
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Off the topic but interested if people know this...
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| 1 man operation that the last 4 years $100k PLUS in gross sales.... like 200 products. Standard business value is the gross sales for the last 3 years |
Hmmm, I wonder if that is true.
I would think it should be valued on some multiple of PROFIT not sales.
If I have 2 businesses that both make $100K/year and one cost $50K to run and one cost $10K, which one is worth more?
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70bus
Samba Member
Joined: July 15, 2004
Posts: 582
Location: P.O.
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| Posted: Fri Mar 29, 2024 5:46 pm Post subject: Re: Werksberg still selling? |
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Hmmmm- who is a younger person living in Arizona who might need a side-hustle? The name B right on the tip of my tongue...
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Craig K
70 Neunsitzer
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"If Von Dutch was alive, he'd walk in there with a pistol and shoot these people."
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EverettB
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srfndoc
Samba Member
Joined: August 21, 2010
Posts: 3275
Location: SoCal
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| Posted: Sat Mar 30, 2024 7:13 am Post subject: Re: Werksberg still selling? |
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| EverettB wrote: |
Off the topic but interested if people know this...
| Quote: |
| 1 man operation that the last 4 years $100k PLUS in gross sales.... like 200 products. Standard business value is the gross sales for the last 3 years |
Hmmm, I wonder if that is true.
I would think it should be valued on some multiple of PROFIT not sales.
If I have 2 businesses that both make $100K/year and one cost $50K to run and one cost $10K, which one is worth more? |
You're correct Everett.
Most mid-sized businesses are priced at three to six times EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization).
This is what most would consider a small business so 3x earnings seems reasonable.
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2type2
Samba Member
Joined: June 02, 2002
Posts: 980
Location: SW Colorado
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| Posted: Sat Mar 30, 2024 8:06 am Post subject: Re: Werksberg still selling? |
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I did send in an order, anxiously awaiting as I know it will be quality.
In the respect for the business worth, it always applies that something is worth what (and only) the amount someone is wiling to pay. That said, it may be a short while or a longer while, but the final sale will reflect the time spent on the market.
I must say the quality is well known, the reputation stands, but aside from computer software, what prevents a previously established plastics business from doing the same? I can't offhand think of many vehicles other than a/c VW that would readily utilize these pieces, as upgrades or replacements, can you? It's a niche market, perhaps only exploitable to a certain point.
It's not good to see any of these businesses/services becoming less available. Looking at companies like Harley- D it seems that the future change is inevitable. He's worked hard and long to provide for us --Wishing Good Luck!
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srfndoc
Samba Member
Joined: August 21, 2010
Posts: 3275
Location: SoCal
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| Posted: Sat Mar 30, 2024 9:00 am Post subject: Re: Werksberg still selling? |
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We definitely need small businesses like his in this industry, so my comments weren't mean to dissuade someone from purchasing said business. I merely quoted what is considered standard valuation practices.
Hopefully he can find someone and strike a deal that works for both of them.
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