Quote:
Originally Posted by G50
I was waiting for this day, it was going to come.
I’d love to hear the sale number. I’m sure it was huge, based on the revenue that can be roughly estimated fairly easily.
They did a great job building that site and positioning it for a sale.
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BAT had about $10 million in revenues last year, with massive YoY growth
$8 million must be profit. 20 employees.
Business probably sold for $50 million.
Founder will not work another a day in his life, nor will the next 10 generations of his descendants.
Couldn't happen to a better guy.
BAT is a powerhouse brand in the automotive world.
I hope Hearst does some exciting things beyond auctions.
And let's hope they shut down the idiot mouth breathers comments section.