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Investor required
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classicdeano1973



Joined: 02 Jun 2014
Posts: 4

PostPosted: Tue Jun 03, 2014 10:11 pm    Post subject: Investor required Reply with quote

I am starting a British Classic car restoration company. Starting small. One car at a time. Low risk with a low and slow return. Could be a sleeping investor or a hands on. Once established, I would like to expand but be realistic. My plans depend on the size of investment. No time wasters. Contact Dean on 07807 510154.
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aps



Joined: 15 Mar 2013
Posts: 37
Location: aberdeenshire

PostPosted: Wed Jun 04, 2014 12:36 pm    Post subject: Reply with quote

where are you and what are you looking for to get you started . what cars will be doing ,a lot more info is needed . wayne aps
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Rick
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Joined: 27 Apr 2005
Posts: 22438
Location: UK

PostPosted: Wed Jun 04, 2014 1:23 pm    Post subject: Reply with quote

This is bordering on being an advert, which would fall under the following t&cs: http://www.oldclassiccar.co.uk/forum/phpbb/phpBB2/viewtopic.php?t=10724

The subject of adverts is taking up too much of my time now, I think it may be time to pull the category altogether.

RJ
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kevin2306



Joined: 01 Jul 2013
Posts: 1359
Location: nr Llangollen, north wales

PostPosted: Wed Jun 04, 2014 2:33 pm    Post subject: Reply with quote

Rick wrote:
This is bordering on being an advert, which would fall under the following t&cs: http://www.oldclassiccar.co.uk/forum/phpbb/phpBB2/viewtopic.php?t=10724

The subject of adverts is taking up too much of my time now, I think it may be time to pull the category altogether.

RJ


Totally understand the time issue, be a shame though rick as it can/could be a valuable asset to members.
Could it not be set up so the ad cannot be placed unless a correct phone number is included..sort of a password?
Or, could a moderator be appointed to review all wanted/for sale ads and approve them?


Kev
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Rick
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Joined: 27 Apr 2005
Posts: 22438
Location: UK

PostPosted: Wed Jun 04, 2014 2:47 pm    Post subject: Reply with quote

kevin2306 wrote:
Rick wrote:
This is bordering on being an advert, which would fall under the following t&cs: http://www.oldclassiccar.co.uk/forum/phpbb/phpBB2/viewtopic.php?t=10724

The subject of adverts is taking up too much of my time now, I think it may be time to pull the category altogether.

RJ


Totally understand the time issue, be a shame though rick as it can/could be a valuable asset to members.
Could it not be set up so the ad cannot be placed unless a correct phone number is included..sort of a password?
Or, could a moderator be appointed to review all wanted/for sale ads and approve them?


Kev


Time to re-code the forum would be an issue. It shouldn't be necessary, the t&cs, such as they are, aren't exactly onerous.

RJ
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SV8Predator



Joined: 24 Aug 2008
Posts: 136
Location: Further up the creek

PostPosted: Sat Jun 07, 2014 8:28 pm    Post subject: Re: Investor required Reply with quote

classicdeano1973 wrote:
I am starting a British Classic car restoration company. Starting small. One car at a time. Low risk with a low and slow return. Could be a sleeping investor or a hands on. Once established, I would like to expand but be realistic. My plans depend on the size of investment. No time wasters. Contact Dean on 07807 510154.


No money in it my friend, unless you are a well known and well respected marque specialist. And even then it's extremely difficult.

If you intend to do perfect, quality work, you won't make a living at it.
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ukdave2002



Joined: 23 Nov 2007
Posts: 4104
Location: South Cheshire

PostPosted: Sat Jun 07, 2014 9:35 pm    Post subject: Re: Investor required Reply with quote

SV8Predator wrote:
classicdeano1973 wrote:
I am starting a British Classic car restoration company. Starting small. One car at a time. Low risk with a low and slow return. Could be a sleeping investor or a hands on. Once established, I would like to expand but be realistic. My plans depend on the size of investment. No time wasters. Contact Dean on 07807 510154.


No money in it my friend, unless you are a well known and well respected marque specialist. And even then it's extremely difficult.

If you intend to do perfect, quality work, you won't make a living at it.


I disagree, I accept that restoring most mainstream vehicles from start to finish won't ever be profitable , but niche restoration suppliers, specialising in crafts like bodywork fabrication , transmission rebuilds, engine machining, painting etc will always be in demand , supporting the home restorer.

Dave
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aps



Joined: 15 Mar 2013
Posts: 37
Location: aberdeenshire

PostPosted: Sun Jun 08, 2014 7:43 pm    Post subject: Reply with quote

like anything in life ,you can make a good living if you have the right attitude ,everyone involved in car restoration had to start from a small venture and build from that ,unless you had enough money to get top of the range equipment ,you can only spend what you have and if you enjoy working on cars give it a go ,good luck wayne aps
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classicdeano1973



Joined: 02 Jun 2014
Posts: 4

PostPosted: Sat Jun 14, 2014 2:51 pm    Post subject: Reply with quote

Sorry Rick I am a newbie and didn't realise.

However, I disagree with some posts. You can make money. Maybe not millions but you can. You just need to be clever and a bit lucky and be realistic.
Thanks for the encouragement Wayne.
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gresham flyer



Joined: 06 Sep 2008
Posts: 1435

PostPosted: Thu Jun 19, 2014 6:53 pm    Post subject: Reply with quote

Anyone with the ability to work on classic cars and repair them correctly can charge at least £45.00 per hour.....no profit in that.?

I recently replaced the clutch on my Rover P4 100 myself total hours taken 12.

Just out of interest I was quoted £500.00 labour.
£600.00 labour
£650.00 labour.

No profit in that.?

G.F
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Rootes75



Joined: 30 Apr 2013
Posts: 3804
Location: The Somerset Levels

PostPosted: Fri Jun 20, 2014 9:30 am    Post subject: Reply with quote

I have been asked to restore and regularly service a number of cars locally, trouble is I work full time so haven't got the spare time to do it. It would be lovely to give up the day job and work on classics but like I say to my wife we have to be realistic.

Its something I would definitely think of when the kids have left school and there's less financial pressure on us.

I do think there is a living to be made in it, based on quality of service, knowledge and an open easy manner with the customers.
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