Wow..Very interesting

http://market.kingsnake.com/detail.php?cat=32&de=400096

This guy had a pretty good rep for a long time. Any thoughts on why he is getting out? I know a bunch of people in FL who swore by him.

I noticed that too, but didn't see any info. about it on KS. I'm sure someone posted something, but the KS nazis pulled it right away.

Why would they pull it? I know nothing about KS and wouldn't post there if you paid me.

His ad was somewhat confusing. I wonder if anyone will take him up on it? I can't help but wonder how big his operation was and how difficult it would be for someone to buy it and move it out of Florida.

KS seems to pull anything that might be even a little bit controversial or might say something about one of their "clients". I suppose it's good to a point, but they seem to go overboard. It's kind of the opposite of Fauna.

As far as I am aware, it is quite a big operation. I'd like to here from someone more in the know than me (and that could be anyone from Gallagher to the homeless guy who rants at passing cars outside my building).

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Originally Posted by xdeus

KS seems to pull anything that might be even a little bit controversial or might say something about one of their "clients". I suppose it's good to a point, but they seem to go overboard. It's kind of the opposite of Fauna.

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Wow, you would think that the opposite of Fauna could only be a good thing :D

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Originally Posted by jglass38

the homeless guy who rants at passing cars outside my building

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Hey, leave my brother out of this! :P

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Originally Posted by xdeus

Hey, leave my brother out of this! :P

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If that is your brother, I am very sorry for you. This dude is drunk by about 9AM and smells like he bathes in garbage juice.

I believe he has a LOT Of animals, I think 250k would be a more than fair price, even if someone just wanted to divide up his collection and sell it off.

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I am Not getting out of the business unless someone buys me out.

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This is what I don't get...if he's not looking to get out of the business why is his entire collection up for sale?

Seems to me that he wants to see if there is any interest in his company just because...

So does he really want to sell out, or is he just fishing for offers?

I was surfing over on KS tonight and found something else interesting!


http://market.kingsnake.com/detail.php?cat=38&de=365240
http://market.kingsnake.com/detail.php?cat=38&de=336803
http://market.kingsnake.com/detail.php?cat=38&de=310233

If he's looking at selling his entire collection then why is he posting current wanted ads to involve himself in trades for new ball pythons?

I wish we could find someone who knows whats going on to get the inside scoop....as of now something smells shady.:confused:

Jason

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Originally Posted by JBallPython

I was surfing over on KS tonight and found something else interesting!


http://market.kingsnake.com/detail.php?cat=38&de=365240
http://market.kingsnake.com/detail.php?cat=38&de=336803
http://market.kingsnake.com/detail.php?cat=38&de=310233

If he's looking at selling his entire collection then why is he posting current wanted ads to involve himself in trades for new ball pythons?

I wish we could find someone who knows whats going on to get the inside scoop....as of now something smells shady.:confused:

Jason

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It just makes good business sense, he cant abandon his business until it is sold, if he gets a solid offer he will suspend business and sell to that person, otherwise its game on.

Notice he doesnt list what is in his business unless you inquire, so he can do any trades/sales that he wants until that point, I doubt with the number of snakes he has that what he is currently doing would depreciate the value of the business, if anything it would increase the value.

maybe he is just bored, lacks the drive to compete in the pastel market, or lacks passion for the hobby/snakes?

just some thoughts?:confuzd:


vaughn

Competition in the pastel market? Isn't he the single largest producers of pastels?

Upon receiving your animals I will set up and attempt to feed live rats or mice twice in 7 days. If they eat 2 times without refusal, I will then ship you 1 of Our 2005 Male Pastels.

Hrm, ok, so if you have your females eating healthily once a week and he tries to get them on a power feeding schedule and they dont go, the deal is off? lol

I would think that he measn he will OFFER twice a week if necessary. If he tries for two weeks, and they don't eat then he would assume they were problem animals.
ONLY my opinion, but I would assume this is what he means. Thus the word 'attempt' rather than a more definate working of If they DON"T eat twice a week, then the deal is off.
I wish I had the money I would go snap it up. I think he doesnt' want the hassle of going through selling the collection off bit by bit, which would not only take forever, but also mean he had to mess with it for possibly months without making any money at all, as he tried to get the lower value animals out. Selling in one lump means he has his money and can go on to whatever his new plans in life are.
With what he has been said to have.. I would have no doubt that you would recoup the entire purchase price of the business in two years.
That said.. I wouldn't live in Miami for any amount of pythons. I dislike the city, too urban for me.
W.

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Originally Posted by SnakeySnakeSnake

Competition in the pastel market? Isn't he the single largest producers of pastels?

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Why would you think that?

-adam

I spoke with Andre just 2 weeks ago and he mentioned nothing about this to me, I'll have to call him up and see what's going on!

This is strange, I would guesstimate ASF sold between $300K-$400K for the past 2yrs straight, just last year they moved to a nice 2500-3000sqft facility from their previous 1000sqft facility.

I know they've recently had some nasty fall outs with some customers and occasionally have a brain fart with some of the ads they place on KS. But overall they have a pretty nice size collection of Pastels, Spiders, Albinos, Bumble Bees, Mojaves and a few others.

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Originally Posted by SnakeySnakeSnake

Competition in the pastel market? Isn't he the single largest producers of pastels?

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I wouldn't say he's the largest, but he does produce quite a bit of Pastels! What you see on that website, may account for 1/2 or even 1/4 of what he actually has.

After reading that ad for his company, I'd chalk this one up to another brain fart! Not the selling his company or his collection, but the way he's going about it and the wording used in the ad.

I'll give Andre a call this afternoon and see what's up..

I think he just knows that for 250k that would enough money for him to leave the market

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Originally Posted by ssscales

I would guesstimate ASF sold between $300K-$400K for the past 2yrs straight

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Just thinking out loud, but that can't be right .... He's looking for $200K for just the base business & $250K for the base business with the 06 offspring ... I would also imagine that there is some wiggle in there as any smart business person would provide for ... Even if it was a fire sale, discounting 06 sales by $250K (or 500%) is a little insane.

A valuation of 3 - 4x's gross rev is pretty standard when selling a business so at $200K for all of the live stock, equipment, etc and $50K for the 06 gross, those number just fall into place.

BTW - this is not in any way a knock or commentary on Andre or ASF ... just general and totally random thoughts on business valuation. :D

-adam

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Originally Posted by Adam_Wysocki

Just thinking out loud, but that can't be right .... He's looking for $200K for just the base business & $250K for the base business with the 06 offspring ... I would also imagine that there is some wiggle in there as any smart business person would provide for ... Even if it was a fire sale, discounting 06 sales by $250K (or 500%) is a little insane.

A valuation of 3 - 4x's gross rev is pretty standard when selling a business so at $200K for all of the live stock, equipment, etc and $50K for the 06 gross, those number just fall into place.

BTW - this is not in any way a knock or commentary on Andre or ASF ... just general and totally random thoughts on business valuation. :D

-adam

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Based on his 03's, 04's and 05's he's done pretty well each year. Not sure why he wants out or what it's worth to him, but to each his own.

ssscales, let us know what he says. I wasn't trying to discredit his character at all, he does have some great looking animals...I was just wondering why he would want to get out the the market if he is doing so well.

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Originally Posted by JBallPython

I was just wondering why he would want to get out the the market if he is doing so well.

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Only Andre can answer that one. Just goes to show that having and breeding these cool morphs is only one piece of the puzzle.

Like I said before, to each his own.

Now the ad changed:
http://market.kingsnake.com/detail.php?cat=32&de=400096

Just odd...

I was about to mention the ad change. Thanks for pointing it out. Very, very strange.