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Thread: Business opportunity?

  1. #1

    Business opportunity?

    Clearvue cyclones is shutting down May 1st. Ed is retiring and Matt doesn't want to continue to run the business. It's for sale for $260,000 with half down.

  2. #2
    Join Date
    Nov 2006
    Mountain Home, Arkansas
    Interesting product. Somebody will pick it up.
    "Folks is funny critters."

    Think for yourselves and let others enjoy the privilege to do so, too. ~Voltaire

  3. #3
    Join Date
    May 2007
    Thomasville, GA
    I hope someone buys the company for the sake of the folks who went that route. What does one do for parts going forward?

    Kinda makes me glad I went with an Oneida unit.
    Bill Arnold
    Citizen of Texas residing in Georgia.
    NRA Life Member and Member of Mensa
    My Weather Underground station

  4. #4
    Well they can do what I did and make your own. Makes me glad I did what I did cause if it breaks I can fix it and not depend on a company to stay in business. They are very simple machines.

  5. #5
    Join Date
    Nov 2006
    Between Aledo and Fort Worth, TX
    What's to break other than a motor going bad? I guess a weld on the impeller could break, but that's unlikely. I have one of the early units, and the impeller came from Sheldon, so I could likely still get a replacement if need be. The blower could be rebuilt with another material like sheet metal, and wood if an impeller came apart and trashed that. I guess a fire could destroy it all and need a replacement at that point.
    I'm glad I got mine. I can't imagine one that would work better. Jim.
    Coolmeadow Setters...
    Exclusively Irish!
    Home of Irish Setter Rescue of North Texas
    When Irish Eyes are smiling, they're usually up to something!!
    At a minimum, I'm Pentatoxic...but most likely, I'm a Pentaholic. There seems to be no known cure. Pentatonix, winners of The Sing Off, season 3

  6. #6
    Join Date
    Oct 2006
    ABQ NM
    Sorry to see them closing up shop. Looks like it's been profitable, and the potential is there for it to be bigger with the right marketing. I just checked though, and I can't seem to find that $130,000 I had laying around loose. I'm sure it's around here somewhere.
    When the going gets weird, the weird turn pro. - Hunter S. Thompson
    When the weird get going, they start their own forum. - Vaughn McMillan

  7. #7
    Join Date
    Jun 2008
    GTA Ontario Canada
    I think its a sign of the times. If the business was a huge success then the son would be looking to continue or find a partner.

    Just look at this link They dont do big enough turnover to feed two families and i bet they work like crazy. There are lessons here for guys starting out with their own business. This fits the Small business pattern in the USA perfectly. You should spend some time reading the research on the US gov Small Business Admin site if you interested in Small Business.

    After meeting with a Bosch tool rep in Canada the other day and chewing him out about the prices of our tools here versus the US he said at the moment the tool guys in the US are really battling to sell tools.

    Think about it, you can still enjoy woodworking without a dust collector. Might not be the safest but if you do hand work in the garage in summer with the door open i dont think you gonna suffocate from dust inhalation.

    I think their business caters more to the hobbiest than the pro shops. Then regardless of the reality their is still the perception related to plastic for something like a dust collector.

    When you look at the product development pipline that Oneid has had in the past 6 years its hard to keep up with that kind of competition and Grizzly imports.

    How many of us have spent over $1000 on their dust collector? They need many of these sales per month.

    I noticed Oneida has been exporting overseas and their dust deputy must be a good image builder for them. They also have the industrial market and the floor sander side to add to contributing to the overhead.
    Last edited by Rob Keeble; 05-03-2010 at 03:36 PM.

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