Part Time/Retirement Business
Discussion
I'm looking to retire, and having tried it once I know I will hate it, so this time I'm planning to do something part time.
I live in Malaysia, and that will be my base, although I have a UK home as well. I'd like something car related, as that my interest, looked at a workshop and to much effort in managing staff, and I'd probably need a local partner, and to few customers who would pay a premium for how I would want to do it, I know most of the people in the classic/race car prep business and its saturated, back street lock up repair business doesn't interest me.
One thing I've thought about but not pursued to date, is the idea of shipping Ford Escorts back to the UK. For example, I've just seen a nice 2 door MK 2, little rust for 1800 ONO. I was offered a MK 1 Cortina 2 door for 1200 pounds, and Minis and Morris 1000 can be found.
I'd be looking at shipping say 4 at a time, but I need a UK partner, I'd also be prepared to look at adding value this side, I can get welded in cages built to FIA spec with certs for 400 pound as an example, and resprays for under 200, on a stripped car,
Not looking at this as a 'living wage' business just part time say 1 shipment a year.
My questions.
Are escorts really fetching the prices I see being asked.
Would this be a realistic venture in the UK? say 6 cars a year. (obviously finite number of cars, but I'm retiring and there are enough cars around to see me out)
Best route/suggestions to find a partner who could market, arrange import etc, and registration. I haven't lived in the UK for years, my idea would be limited to an advert in the back of Motoring News.
I'm open to discussing finance, I can finance purchase and would discuss profit split, based on risk, service, facilities, ROI etc,
I'd want a proper business relationship, shared risk/profit not a chav with a council lock up.
Legalities on export would be no issue and I could provide proof of age ownership etc for any cars.
I have storage facilities and a trailer etc so basics covered.
Constructive thoughts appreciated
I live in Malaysia, and that will be my base, although I have a UK home as well. I'd like something car related, as that my interest, looked at a workshop and to much effort in managing staff, and I'd probably need a local partner, and to few customers who would pay a premium for how I would want to do it, I know most of the people in the classic/race car prep business and its saturated, back street lock up repair business doesn't interest me.
One thing I've thought about but not pursued to date, is the idea of shipping Ford Escorts back to the UK. For example, I've just seen a nice 2 door MK 2, little rust for 1800 ONO. I was offered a MK 1 Cortina 2 door for 1200 pounds, and Minis and Morris 1000 can be found.
I'd be looking at shipping say 4 at a time, but I need a UK partner, I'd also be prepared to look at adding value this side, I can get welded in cages built to FIA spec with certs for 400 pound as an example, and resprays for under 200, on a stripped car,
Not looking at this as a 'living wage' business just part time say 1 shipment a year.
My questions.
Are escorts really fetching the prices I see being asked.
Would this be a realistic venture in the UK? say 6 cars a year. (obviously finite number of cars, but I'm retiring and there are enough cars around to see me out)
Best route/suggestions to find a partner who could market, arrange import etc, and registration. I haven't lived in the UK for years, my idea would be limited to an advert in the back of Motoring News.
I'm open to discussing finance, I can finance purchase and would discuss profit split, based on risk, service, facilities, ROI etc,
I'd want a proper business relationship, shared risk/profit not a chav with a council lock up.
Legalities on export would be no issue and I could provide proof of age ownership etc for any cars.
I have storage facilities and a trailer etc so basics covered.
Constructive thoughts appreciated
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