Salk Future TBD

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. 

I had the distinct PLEASURE of using the only pair of "sealed"Salk Veracity monitors as my mains two-channel for several years.  I further had occasion to sort out what turned out to be a non-issue with one of the tweeters, and Jim was an absolute gentleman in handling the situation.  Wishing Jim & Mary many more productive years...and, and Open-Invite to come visit me and my Mary in central Maine, Jim!!

(bold print of old eyes)      More Peace        Pin

Funny how karma comes back around, I think Mr salk gets what he deserves. I had a very bad experience with him personally and his business, have nothing good to say. Purchased a set of his tower speakers a year ago which cost me $1,500 to return a pair of $5,500 speakers. So much for his"if you don't like them just return them" policy, great business if you don't disclose what it cost. 

sorry reno...but I don't agree.  most people would look into the return policy and return cost....unless it says free...before making a purchase.

just as an example, go onto the tekon website and see what it says about the cost of returning their ever increasing line of giant above 100lb speakers.

jim is a super hones business guy who virtually everyone has had a great experience with...including those that own his speakers but did not buy them direct from him.