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  • Greeves business for sale

    An advert in the Classic Motorcycle says the Greeves business is for sale as the owner wants to retire.Any takers?

  • #2
    Greeves Business

    Stuart. Not having seen the advert, I presume this is the Greeves Business that's for sale http://www.greevesmotorcyclesltd.com/bikes.html
    Strange there is nothing about it being for sale on their web site.

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    • #3
      Greeves business

      Any indication as to its trading figures and stock !

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      • #4
        Originally posted by Sprocket View Post
        Any indication as to its trading figures and stock !
        Trading figures not too good according to:-
        A free UK Limited company check with data from Companies House annual accounts, cash at bank and more. Free service with more data added daily.

        Assets valued at £170K in 2013, no accounts submitted for 2014 yet.
        Last edited by John Wakefield; 01/10/2014, 10:06 AM.

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        • #5
          Originally posted by John Wakefield View Post
          Stuart. Not having seen the advert, I presume this is the Greeves Business that's for sale http://www.greevesmotorcyclesltd.com/bikes.html
          Strange there is nothing about it being for sale on their web site.
          Its on page 91 if you are emptying your piggy bank.

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          • #6
            Originally posted by Stuart Baskill View Post
            Its on page 91 if you are emptying your piggy bank.
            Dont buy these glossy's any more Stuart, certainly not going to blow £4 to read an advert
            Last edited by John Wakefield; 01/10/2014, 02:59 PM.

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            • #7
              i`m not an accountant....but!

              The trading figures show a net worth of minus -£63000, so you could probably buy it for a pound.
              Last edited by dave higgins; 01/10/2014, 03:10 PM.

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              • #8
                Originally posted by John Wakefield View Post
                Dont buy these glossy's any more Stuart, certainly not going to blow £4 to read an advert
                Try Smiths reading room.At the April Stafford show they did a 10 issues for £20 offer

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                • #9
                  Originally posted by Stuart Baskill View Post
                  Try Smiths reading room.At the April Stafford show they did a 10 issues for £20 offer
                  Just to confuse me its in the November issue that I got in September page 91

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                  • #10
                    Greeves business for sale

                    The advert also in OBM

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                    • #11
                      According to a post on the Trials Central forum, the asking price is £350,000 with a similar annual, mainly cash, turnover...

                      I'm no accountant but something doesn't add up here.

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                      • #12
                        Originally posted by Marcelle34A
                        And as Ive said here before, I'd like to hear the legal basis of the business' alleged ownership of the 'brand' - the signature 'device' in particular.......

                        M
                        "Signature" device? Invacar never registered it, or indeed "Greeves Motor Cycles", so both remained available for anyone to register.

                        Richard Deal is (was?) indisputably the legitimate owner of both and has a perfect right to sell them.

                        (Just clearing up a point, not starting a debate).
                        Colin Sparrow

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                        • #13
                          TM

                          Slightly off-thread but nonetheless relevant. Neither wishing to proliferate or fuel any particular fire I offer some historical clarity.

                          When Richard Deal came on the scene the committee of the day were rightly concerned at his actions. But as Colin has already said he has done nothing wrong, save for some rather sharp practice. The Greeves Motorcycles Limited registered mark of the greeves signature logo is a rather weedy version of what we all know and love. The club was assured in writing by Mr Deal that we could continue to use it in support of the marque and furtherance of the club.

                          At the time there were some rather heavy trade mark ownership/rights cases in the courts. Particularly with Triumph, and Norton. Both these marques continue to this day to pursue any unauthorised use of the registered trade marks.

                          The asking price does seem rather high. Would be purchasers are only getting the name, stock, & good will. Certainly no premises.

                          Thankyou

                          Phil
                          Last edited by Phil Hyde; 02/12/2014, 01:04 PM. Reason: More worms

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                          • #14
                            Getting back to the point made in the original post by Stuart. The sale of Greeves Motorcycles. I think the fact that the business is up for sale shows the waining interest in Greeves. Obviously Richard Deal is finding trade difficult & unprofitable, very few of his replica Anglian's were built, & his attempt at building a modern Greeves Trials bike failed with the project being sold to a Dutch concern. What happened to it with them?
                            One wonders how much longer other companies such as Villiers Services will continue. VS were looking to reproduce Greeves parts, (roadster headlamp shells, exhaust pipes etc) but found insufficient interest/customers to make up the batch sizes required to make production viable. In recent years hundreds of small firms have sprung up on the back of the classic bike scene, many more will go out of business as the interest in old bikes wains. You don t need an expensive engine or gearbox rebuild to keep a bike as a static museum piece.
                            Sign of the times I am afraid as aired on other threads.

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                            • #15
                              Richard deal might have helped himself a bit more, if he didn`t sound so damn uninterested....to the point of being rude, when answering the phone!!!!!!
                              Also, he made you feel like he was doing you a favour by ripping you off.....sorry...i meant charging a high price for very ordinairy parts.....but i`m not gonna keep moaning on about it.............and another thing!..............

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