Congrats to Mike, and Well Done! Cheers!
How to value the enterprise, so it could potentially continue with a different owner?
- Tooling owned by China manufacturer? Any of it owned by MTH - I have no idea.
- Non-standard(?) electronics (but excellent). Neither TMCC/Legacy or DCC? Dealing with electronics and upgrades means deep pockets and commitment.
- Building already sold, so a new building is needed.
- Commitments with China manufactures have to be renegotiated (probably higher, due to risk with a new enterprise).
- Advertising cost, negotiations with new vendors?
- What is MTH sales, and future projections to justify the return on investment?
Sounds like a tough proposition. Yeah, perhaps Menards might take over some of the Railking, and perhaps even put in DCC/Conventional in those locos. Perhaps Lionel would be interested in a few items, and put in TMCC electronics.
Wow! MTH will be missed, the innovation was important to uplift the O-gauge hobby.