Originally Posted by
Mojo31
Could be.
What assets would a bike builder have - some tubes, component parts, tools? Very little value in that kind of stuff at garage sale prices. Probably buying materials and parts as needed, so no big stockpiles.
Yeah - it would cost a lot to replace with new, but may not have a lot of current market value. Torches, miters, framing jigs. Litespeed back in the 90s was doing a lot of very specialized tube shaping, but I don't know how much Lynskey was doing on their own and how much they were having done. Saddest line for me was where it said their troubles started when David Lynskey got sick. Small companies that are very dependent on one or two key people, who are not getting any younger, seem very vulnerable.