Salk Future TBD


Jim put up this post over on AC earlier today…

https://www.audiocircle.com/index.php?topic=186217.msg1952279;topicseen#new

snapsc

Actually Jim just posted that he will continue to service Salk speakers new and preowned but will no longer be making them. 

Sounds like an amazing opportunity for someone with the right skill set.  I love the idea of doing this but I know I don't have the skills or experience in either cabinet making or the speaker guts to make it work.

I’m fortunate to have a pair of SongTowers and Song Monitors...great speakers and great values...and gorgeous...I spoke to Jim one time (I live close to Salk Sound) and Jim was incredibly kind, generous and informative...

Damn! If this was 5 years down the road I might give it a go. Gotta get my kids through college first.

Even considering the fact that Salk was a small boutique brand, I am very surprised that he considered the total worth of the company to be 300k, and then lowered it to 100k, including equipment, designs and brand equity. they do after all have a following, and they made a good product and have a reputation for excellent customer service.

Yes, when I was involved in small business valuations you would use 3 years of net profit, minus the fair annual wage(s) of the owner(s) compensation to get an estimated value of a business...you would use this method during a divorce in a community property state or when a business partner wants to cash out....as a guide.