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OT-Salvage Yard Closing--clarifications...



Responses within...

Quoting Brian Honnold <bhonnold@pac-cap.com>:

> 
> Without knowing how much the debt is or how realistic an auction is to sell
> the inventory piece by piece to satisfy the debt, we really have nothing to
> work with to help you.  
> 
As far as their debt is, I have been afraid to ask.  I kind of assumed that it 
was none of my business.  I would assume that if they were me, they would be 
tight-lipped about that sort of thing.  Whatever they could earn beyond their 
debt would go to the old mans' widow...

> If your friend is already commited to an auction, one way you can help would
> be to contact via e-mail every VW specific wrecker you can find by searching
> the internet.  

That is a good idea.  I don't know how far folks are willing to come, but 
I 'spose I won't know unless I try...

> 
> Put together a detailed form letter outlining what the seller has to offer
> and what they might be willing to take.
> 
I will suggest that, and see how well that is taken...

> I would doubt that the bank wants to own that wrecking business and that
> there is a lot of negotiation that can occur.  
> 
> 
Yes.  They apparently have had four realtors who have tried to pedal it for 
the last almost 4 years.  I doubt they knew the best way to sell a salvage 
yard, I know I don't...  :-)

Thanks very much for the suggestions...

Cheers,
  David

> Brian Honnold
> Director of Multifamily Acquisitions
> Pacific Capital Investments
> Phone:  916.773.3300
> Fax:  916.773.3208
>  
> 
> > -----Original Message-----
> > From: scirocco-l-bounces@scirocco.org 
> > [mailto:scirocco-l-bounces@scirocco.org] On Behalf Of David Utley
> > Sent: Thursday, May 20, 2004 9:46 AM
> > Cc: scirocco-l@scirocco.org
> > Subject: OT-Salvage Yard Closing--clarifications...
> > 
> > Okay group,
> >   I apologize for being vague, perhaps that is why I did not 
> > recieve many responses to my post...
> > 
> >   What I am attempting to do, is to help Carol find either 1) 
> > A buyer for the entire biz., or 2) Find homes for the good 
> > cars/parts that remain on the property.  They are in debt, 
> > and they need to satisfy that debt one way or another...  
> > Whatever is left after the sale will be crushed, $70.00 per 
> > ton is what they are paying...
> > 
> >   It should be known, there -are- Sciroccos here that may end 
> > up getting crushed.  While most are not easily driveable, 
> > many still have many good parts.  There are also a number of 
> > choice cars and pieces of equipment up for sale...  Please 
> > take the time to look through my gallery at hostdub.  Here is 
> > the link to my gallery...
> > 
> > 
> > http://www.hostdub.com/modules.php?
> > set_albumName=fahrvegnugen&op=modload&name=Gallery&file=index&
> > include=view_albu
> > m.php&page=2
> > 
> > Here is a few samples of things that may be closer to your hearts...
> > 
> > Sciroccos, many more not in the pic...
> > http://www.hostdub.com/albums/fahrvegnugen/IMG_0033_001.sized.jpg
> > 
> > Engines
> > http://www.hostdub.com/albums/fahrvegnugen/IMG_0039.sized.jpg
> > 
> > Glass-who knows what might be found in this rack...
> > http://www.hostdub.com/albums/fahrvegnugen/IMG_0040.sized.jpg
> > 
> > Clusters, clusters, everywhere a cluster, F***...
> > http://www.hostdub.com/albums/fahrvegnugen/IMG_0041.sized.jpg
> > 
> > Got Head?
> > http://www.hostdub.com/albums/fahrvegnugen/IMG_0042.sized.jpg
> > 
> > Trannies, more elsewhere in the yard...
> > http://www.hostdub.com/albums/fahrvegnugen/IMG_0044.sized.jpg
> > 
> > 1966 Convertible Beetle, all original, 18K miles 
> > http://www.hostdub.com/albums/fahrvegnugen/IMG_0046.sized.jpg
> > 
> > Any help you guys could offer me is greatly appreciated.  
> > What I hope to get from you all is a list of webpages to post 
> > this info on, as well as ideas of how to market to as many as 
> > possible as quickly as possible...  The tentative date for 
> > the auction is 6/12/04...  I will keep you all aprised to 
> > developments whether you are interested or not...  :-)
> > 
> > Cheers,
> > 
> > David Utley
> > -----------
> > Cable Volkswagen
> > 405-470-3129
> > 1-800-522-6793
> > 
> > _______________________________________________
> > Scirocco-l mailing list
> > Scirocco-l@scirocco.org
> > http://neubayern.net/mailman/listinfo/scirocco-l
> > 
> 
> 
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> Scirocco-l@scirocco.org
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> 



David Utley
-----------
Cable Volkswagen
405-470-3129
1-800-522-6793