- Joined
- Aug 12, 2015
- Messages
- 10,809
- Reaction score
- 10,894
ORDERS11000 what?
ORDERS11000 what?
What numbers?There isn't a living wage in the profits on those numbers.
Steven, the owner is only 54, must have done ok to retire early.There isn't a living wage in the profits on those numbers.
Ooooh, words vs maths. No doubt you'll be snapping the business up a retiring in 10 years, then.Steven, the owner is only 54, must have done ok to retire early.
Why work another 10? I am 43 later this year. Another 5 years will do me. My father retired at 48 and I also said I would do the same.Ooooh, words vs maths. No doubt you'll be snapping the business up a retiring in 10 years, then.
I thought DPD didn't charge extortionate amounts?Such a shame..makes things harder getting supplies up here in the highlands due to ridiculous shipping charges
Companies House might provide an insight.I agree. We don't know how much this business made. People are just pontificating and willy waving.
Definitely Not for 3 of them. Depending on the accounting of course, profit is not necessarily a fixed figure.There isn't a living wage in the profits on those numbers.
Why? What are you basing that on? Can't he have got tired and got a job that pays better... With more time for brewing.Steven, the owner is only 54, must have done ok to retire early.
No. I am basing it on the conversation I had with him last week. Basically putting his feet up, brewing and enjoying family time, amongst other hobbies. Can't fault it.Why? What are you basing that on? Can't he have got tired and got a job that pays better... With more time for brewing.
Small company so you only get a balance sheet - around £25k of gross assets, say a tonne of hops and some yeast, £15k net. You could probably get an idea of gross margins looking at selling prices and plausible wholesale prices for hops. But in general retail is not easy, particularly of something like hops where they have a shelf life.Companies House might provide an insight.
Indeed. Having read many a post where people state their recent CML orders, usually for one or two packs of hops and yeast, and the fact CML previously dropped the idea of selling malt, I'm struggling to see it being the cash cow others do, I terms of being a business to purchase. Essentially the customer database being it's main asset.But in general retail is not easy, particularly of something like hops where they have a shelf life.
Absolutely can't fault it, but doesn't mean he "made his money" with this business. If he did I am prepared to be surprised.No. I am basing it on the conversation I had with him last week. Basically putting his feet up, brewing and enjoying family time, amongst other hobbies. Can't fault it.
Except it isn't. It was speculated that it would be a good business to purchase, which is an entirely different train of thought. Both can run concurrently.I agree a fantastic service has been provided by CML and it is being dismantled and speculated about without good reason.
Enter your email address to join: