Resin parts business for sale...

[flyonthewall]

No, not SAS, I wouldn't even think of it! Resinworks is up for grabs, so if any of you have dreamed of turning your hobby into a business then here is your chance. Before you ask, I won't be buying! Its not really my field and i really think that the person who continues this line should be into the types of car models they produce.

Here's the details...

"A GREAT OPPORTUNITY


Have you ever thought of owning your own small business? Well if you
are into the model car hobby and have a mind for business here is
your chance!

Resinworks, a well-established reputable aftermarket company is for
sale.

The first question you will ask yourself is why.
Time, It all comes down to time. I do Resinworks as a side business.
I have a great wife, 2 great kids (one turning 13 in November) and a
full time career. After 5 years of blood sweat and tears Resinworks
has grown to the level that it needs someone that has more time and
energy to take it to the NEXT level. I am not able to dedicate the
time it needs and I hate seeing it stay were it is at and missing its
potential in the market.


Information on the company:
Resinworks began in the spring of 1998. Determined to offer unique
detail items to the model car hobbyist, I purchased tools and basic
knowledge on how to pour resin from master modeler John MacGowen.
With-in the year Resinworks was up and running and had proved to the
modeling community that good customer service was only second to the
quality parts offered. We poured parts for our own line as well as
for Detail Master, at the time the hobbys leading aftermarket company.
In the course of the first year in business we developed what we feel
was the first of its kind – A Late Model Dirt Track kit. The
production run of the 50 limited edition kits sold out with-in 14
months of introduction to the public. The PT Coupe, mastered by Duane
Hester, has been a benchmark for Resinworks. It is now in its second
set of molds and has sold over 150 copies since introduced. The PT
Coupe won 2nd place in the Scale Auto PT Contest and the coupe is
going to be featured in an upcoming article in Scale Auto in 2003.
Duane has recently completed a new master for a PT Convertible with
the same stylish bodylines as the coupe. The PT Roadster Coupe will
compliment the current release of the PT Convertible model by Revell.
This master is a part of the unmolded inventory and future success of
Resinworks.
The 1960 Ford Wagon trans kit has been a great success. The master
was made combining ERTL new 60 Ford Starliner with the roof line from
the rare Hubley 60 Ford Wagon kit. Over 70 hours was spent making the
master for this. The master for this is also included in the
inventory.
1960 Ford 2 Door Sedan. This is another ERTL 60 Ford Starliner body
that was mated to another rare Hubley kit; the 60 Ford 4-door sedan.
The roof section was cut and assembled to fit perfectly. Vacuum-
formed rear glass is included in this trans-kit. This is a long
awaited transkit and I have had many orders for this conversion. This
has wide appeal to modelers who do factory stock, police and utility
vehicles as well as stock car and drag car builders. The master for
this is also included.
Detail Items – I have a long list of parts that have been offered
through Resinworks. Some are re-pops of old rare kit items and some
have been mastered either by me or I have paid to have them mastered.
Our Skull Shift knob is still to date one of our top selling detail
items. This item was mastered by Nathan Sills. This has got to be one
of the neatest items for any 30's through 60's custom or street rod
model! On top of all the parts I have molded already I have a very
large supply of old and rare items that have yet to be molded that
would be great items in resin. Fender skirts, old 3n1 custom parts
for kits that are still available but current manufacturers don't
include these in today's re-issues. I also have seats, engines, tires
and rims. All of these items will be included in the inventory.

We are also the first Aftermarket Company to offer resin cat 1/18
scale detail items. While this market has been slow to grow I
honestly haven't marketed it as strong as I should. Other than on a
couple bulletin boards dedicated to the 1/18 scale collectors and a
few Ebay auctions I haven't pushed it much. I have more items
mastered for the 1/18 scale line that are not listed on the web site.
These items just need molds made and will be instant sales.

NEW PRODUCT LINE:
The new 2003 product line for Resinworks has been modified dirt and
asphalt parts, bodies, frames, engines and tires & wheels. I have
been greatly surprised at the support and orders I have received from
the builders of this style of model. It has kept the first 4 months
of the 2003 year very busy for me. Besides the 4 modified bodies I
currently offer I have 4 other bodies that are mastered and need
molds made and added to the product as well as many different tire
and wheel combo sets that have been mastered and still need molds
made and released to the public. This all comes with the company and
will help the new owner maximize revenues for the remainder of the
2003 year and beyond.


The ONLY advertising I do to promote my company and products is Ebay
and sending items to be used at Swap Meets and Model Contests for
raffles and awards, and a couple of shows each year (Birmingham, KC
and St Louis). I also have a couple dealers that sell my products,
but again I haven't put much time in finding more dealers because of
the time to build up their inventory as well as handle the orders I
have coming in from the web site.
This has provided enough work to keep me busy and to keep the
business profitable in order to keep new products coming to the
market.
The other aspect that Resinworks offers in resin casting is custom
one off casting for customers. While this isn't a large part of the
business, it does lend itself to be a very profitable opportunity to
work on non-model car related items and to further your knowledge and
skills as a resin caster by using different materials and mold making
products.




Inventory of Resinworks:
Tools:
All tools needed to properly make molds and pour resin. Everything
from Compressors to vacuum pumps to pressure pots. Vacuum-form
machine, small tools, big tools, workbenches, storage cabinets and a
Craftsmen stack tool chests to store your molds – you get it ALL –
over $4000 in tools & cabinets alone!

Molds:
You get ALL molds for ALL items Resinworks currently lists on the web
site as well as ALL molds for past products we produced and sold
through Resinworks web site.

RTV & Resin:
You will receive 10 pounds of RTV and 2 gallons of NEW resin with the
purchase of the business as well as any remaining RTV and resin I
have on hand at the time of sale.

Table Top Display:
Complete trade show/swap meet tabletop display. Costs over $500 to
make and is easy to assemble. A great looking way to display the
product line at shows.

Masters:
You will get ALL masters Resinworks has on hand. Some masters like
the PT Coupe were sent back to Duane Hester to keep in his
collection.
You will also get all masters I have created or have had created but
have yet to make molds of. PT Roadster Coupe, Dirt Modified bodies,
Dirt and asphalt tires and rims and old out of production model parts.

Models:
You will get a mix of about 75 current and vintage kits and builts
the value totaling over $800 (real money not Ebay prices). Some of
these are to be used for transkit displays of current or future
Resinworks parts and bodies. Some of these were purchased for rare
kit items to make duplicates of and some were purchased for future
transkits. Current ERTL and Monogram kits, rare Hubley kits, old MPC
kits and a few old Revell kits.

MISC.:
Many pieces and parts in 1/24, 1/25 and 1/18 scale that have been or
will be used for future resin parts.

Web Site:
Transfer of web site paid for 2 years to new owner. Hosting service
contract will be paid for the remaining year as well. At that time
new owner can make decision as to were to host the web site. Also I
will pay to have the web site updated with new contact information
and order form made to reflect new owners business address and have
updated Pay Pal info put into each item on the site currently.

Ebay handle:
I will also release the Ebay handle so the new owner can have the
handle of "Resinworks".

Training:
I will train who ever purchases the business. They will have to pay
for their own way to Springfield Missouri and pay for the hotel
lodging during the training. I would like to have at least 3 days to
train someone, 5 would be better. This would ensure I could teach
them how to make molds from start to finish and pour resin correctly.
This can be done in the middle of the week or over a weekend, I am
flexible on this but I insist the person allow me to train them
unless they have resin casting experience already. This will only
ensure the new owner can continue to create a quality product.


Dealers & Swap meets:
I have 3 dealers that carry my product line. Two dealers in the USA
and one in Sweden. I have had the opportunity to get more on line but
as stated to get this rolling properly has kept me from doing so. The
new owner could get great return on his investment by getting a few
more targeted dealers online who are hitting the big shows, like the
California NNLs and the shows out East. I have not been able to
travel to these shows because of my full time career. I usually do
Birmingham NNL in the Spring, KC Slammers show in the Summer and if
lucky St. Louis/Kirkwood in the Spring or Fall. I always do very well
at these shows and the product line is always well received. Adding
more swap meets to the mix would only increase the products sold and
gives the end user a chance to view the products up close and feel
comfortable about buying the products.


The bottom line:
I am asking $6000 for the entire business. This is a legitimate
business with P&L Sheets for the past 5 years. It will return your
investment with in one year if you work it and will return your
investment with in 18 months to 2 years if you just continue at the
pace it is now.
I am NOT looking to finance someone – I am not a bank – but would
consider a partial down payment (over ½ up front) and a payment plan
(short term) to the right person under the right situation.

I will sign a 5-year non-compete that I will NOT start another model
car related resin casting company. I will also sign a 1-year
agreement to consult the new owner of the business on new products,
mold making, and resin casting and/or any thing else they may need
help with pertaining to the business.

I would really like to see someone buy this that has the time to take
it to the next level. A retired hobbyist or older adult looking to
offset his income, a person with business experience and the free
time to give. The right person can really do well with this, is that
person you?

Any further questions please feel free to email me directly.

Thanks
Larry Krauck
[email protected]

Because of the storms that struck our neighborhood on May 4, the web
site is temporally down so I may concentrate on getting our house
back in order. It will be back in working order by the middle to end
of June. None of the items needed to run Resinworks were damaged
during the storm.

www.resinworks.com"

[flyonthewall]

BTW, i'm in no way affiliated with this guy, never been in contact and dont know him. The details were posted on another site and i thought it was quite interesting and would interest you lot

[endlesskev86]

$6000 is a really generous price for the business which includes alot of things....

too bad i am still a student with no money

[fullbloodchop01]

oh man chris, i almost had a heart attack when i saw the title of this thread, i was like NOOO not SAS, but wow $6000 sounds VERY VERY cheap for the entire buisness, hope it goes to a awsome person

[Rtuned]

I'm quite like the tools he had and is cheap too. But too bad is now is not the time to expand my biz. Maybe I ask my friend 1st.

[ZoomZoomMX-5]

I've met Larry (at the Birmingham NNL) and he's a very good guy to talk with and deal with, and his offer is good. Someone will take him up on it! His products are good.

[gundam1969]

Is it true that SAS is up for sale at $6.00!

My offer's on the table!

:bandit: :finger: