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Companies => Off-the-shelf companies => Mongoose => Topic started by: Neon Cricket on May 31, 2017, 09:41:28 AM

Title: Mongoose - Whole Brand up for Sale
Post by: Neon Cricket on May 31, 2017, 09:41:28 AM
Go on then, who fancies it... would love to give this a go although I don't think the missus would appreciate me spending the house deposit!!!

http://holding.mongoosecricket.com/ (http://holding.mongoosecricket.com/)

CBF consortium anyone? ;)
Title: Re: Mongoose - Whole Brand up for Sale
Post by: roco on May 31, 2017, 09:44:44 AM
Talking offers of over 50-60k I'd reckon maybe even double that

Any serious buyer would want to know what the debt liabilities are but could be a good thing for someone with spare cash to chuck about
Title: Re: Mongoose - Whole Brand up for Sale
Post by: Neon Cricket on May 31, 2017, 09:57:14 AM
Wouldn't have said it'd be anywhere near that @roco - baring in mind the remaining stock was up for sale around the 10k/15k mark if I remember rightly. The brand itself is obviously strong, but having been out the limelight for a while now they can't be expecting too much in terms of goodwill etc I shouldn't think.

Will be interesting to see what happens out of it though, personally I'd love the chance to get involved in the re-incarnation (hint if anyone has deep pockets! ;))
Title: Re: Mongoose - Whole Brand up for Sale
Post by: roco on May 31, 2017, 10:00:58 AM
Fair enough I forgot about the stock being up for sale for that amount as it was the stock value that threw me

if debt or obligation free could be a bargain at 10-15k
Title: Re: Mongoose - Whole Brand up for Sale
Post by: Alvaro on May 31, 2017, 10:12:29 AM
Feels like backing a dead horse.
Title: Re: Mongoose - Whole Brand up for Sale
Post by: Tom on May 31, 2017, 10:22:37 AM
No debt liabilities. You're buying the stock and brand, that's it.

In terms of price - I think someone savvy (and with time) could sell the remaining stock at less than trade price on eBay and still get the brand for free.
Title: Re: Mongoose - Whole Brand up for Sale
Post by: Ayrtek Cricket on May 31, 2017, 02:50:27 PM
Was interested in this a while back but sadly meetings never got anywhere and this was prob 2 years ago now.

Is there an upto date list of what stock remains @Tom as Id imagine its changed since the last one I saw?
Title: Re: Mongoose - Whole Brand up for Sale
Post by: Tom on May 31, 2017, 03:27:12 PM
There's roughly 2/3s of what there was when you last looked, I guess, as we did around £35,000 (revenue) worth of kit up until August last year.

Stock list is below:
https://drive.google.com/open?id=0B7vgVaPMtETzVmRfeTZsUEVDR2s