We are offering the former assets of Connecticut Valley Classics (CVC). This project is at a point where full-scale production can be up and running within six months. It is based on the 101 Winchester 12 gauge with three barrel lengths – 28”, 30” and 32”. It is a target gun. There will be verbal technical support available to the purchaser. This has taken approximately ten years to develop. Everything is in place – tooling, suppliers, MIM and Investment casting molds, parts and inventory, proto type, intellectual property i.e. Processes, drawings, suppliers.
The project is ready for an initial production run. This is a time proven product made with modern techniques and metallurgy. It already has a recognized name in the market. All manufacturing processes are documented and can be implemented in a short amount of time. Drawings are complete. Tooling is in place for proven production. CNC fixtures are available. A significant amount of inventory is available. The gun has a targeted price of $2,300.00.
Total value of property over $2,000,000.
Offering price $135,000.00
Hey. They don’t charge sales tax.
Still, I’ll put it on my wish list and think about it.
Where does that 2 mil property value figure come from? Is there a balance sheet supporting this or is it the seller’s personal estimation/opinion of what the company’s worth?
Something ain’t right with that 135 number. Or the other. One of ’em.
Millionaires have been dabbling in oenology, supercars and gunmaking for decades, and they usually lose many of their millions in the process. If you’re a millionaire who likes guns, here’s your golden opportunity to join them!
Winchester tried to sell their masterpiece Model 21 for decades, but no matter how high they priced it they always lost money on every gun they sold. MIM might lower the unit cost (and then again, it might not) but a Model 21 made from MIM parts won’t quite be a Model 21.
I’ve never understood these things.
How is it that a double barrel shotgun should cost so much money? The mechanism is dead simple and has been being manufactured for what, hundreds of years?
So what are you getting when you spend this kind of money? What “R&D” is to be had in developing a “new” one?
Don’t get me wrong, as a Rolex, Sinn and Omega collector, I do love the anachronistic mechanical bits as much as anyone, but the watch industry is a different beast going against the grain of significantly superior technology in the pursuit of art. If modern firearms were phased plasma rifles in the 40 watt range, I could see the appeal of knurly handed masters still turning out the old timey guns as an art form. How much art can be involved if your squirting plasticized metal into a MIM tool?
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