For Sale..

Doc · Post by **Doc** » Mon 1st May 2006 11:52 pm

I have been involved with a $1 M (US) Ice Rink outside Chicago. What happened was that a limited partnership was formed. There were 10 partners who were the limited partner and a professional manager who was the general partner and ran the operations. It worked out well and the last I heard they had bought another Ice Rink.

Professor Horsecollar · Tue 2nd May 2006 06:14 am

The property alone on a major downtown thoroughfare might be worth close to half a million. That's for someone else with more time to research. Hey, they had a full house in the hotel the two days I was there. I bitched and moaned about my stay there last November, and justifiably so. Many of my complaints were symptomatic of a disinterested management, and fairly easily remedied. I can't deny that the place has potential - say in Lemming's or Boner's hands.

Boner · Post by **Boner** » Tue 2nd May 2006 08:22 am

Professor Horsecollar wrote:I can't deny that the place has potential - say in Lemming's or Boner's hands.

- If I had the money I'd be there now tying the deal up but unfortunetly I dont have it but thanks for thinking of me

Pharcyde · Post by **Pharcyde** » Thu 4th May 2006 01:42 am

Is it really that cheap?
Heck, give me a couple of weeks and I might be able to scrounge a downpayment. But only if this is serious. We would need to create a LLP or some such corporate entity. A lot of paperwork. I don't know if stoner's can move quick enough and I don't know Dutch law that well. In Cali you can open a smokers only lounge and get around the public smoking ban. Although they are more pissed off about cigarettes than herb. I saw Ben Harper play in Santa Cruz and my friend almost got kicked out for lighting up a cigarette. Mind you I'm smoking a joint and so are about a dozen other cats standing nearby and they pounce on my friend for the tobacco smoke, and said "Hey, don't you know second hand smoke can kill" . The absurdity still makes me laugh my ass off.

Pharcyde · Post by **Pharcyde** » Thu 4th May 2006 02:31 am

Lemming et al.
I'm serious about getting some investors. I have enough for a 5% down payment right now, but like I said, I don't know Dutch law regarding foriegn ownership or transfering the coffeeshop license. The coffeeshop license is the dealbreaker. no coffeeshop license no sale. Looks like I'll be surfing dutch legal sites tonight. Oh Yipee!

1person · Post by **1person** » Mon 25th Sep 2006 05:14 pm

I have about $36k US in cash.

see_delight · Post by **see_delight** » Mon 25th Sep 2006 10:42 pm

Pharcyde wrote:Lemming et al.
I'm serious about getting some investors. I have enough for a 5% down payment right now, but like I said, I don't know Dutch law regarding foriegn ownership or transfering the coffeeshop license. The coffeeshop license is the dealbreaker. no coffeeshop license no sale. Looks like I'll be surfing dutch legal sites tonight. Oh Yipee!

I might be interested in helping out. Unfortunately, I don't think any of us (in the U.S.) would be able to use it as grounds to stay in the NL. Only because on the IND.nl website, it states that an immigrant from the U.S. looking to open/operate a business, must be opening a NEW BUSINESS. If they just handed over ownership of an existing business to you, I'm not sure that applies. Still, it would be cool to be part owner of a coffeeshop. I'm interested to hear what you found out Pharcyde.

dblair1969 · Post by **dblair1969** » Mon 25th Sep 2006 11:10 pm

Wouldn't a name change and new ownership, constitute a "new" business?

see_delight · Post by **see_delight** » Mon 25th Sep 2006 11:27 pm

dblair1969 wrote:Wouldn't a name change and new ownership, constitute a "new" business?

I'm not sure...maybe someone else who's more familiar with Dutch business law could answer this...I'd be interested to hear the answer as well.

Jole28 · Post by **Jole28** » Tue 26th Sep 2006 08:08 am

well i stayed at the hotel utopia 2 weeks ago and we disscussed the problem.It is really hard selling a coffeshop.You need 6 different licences.You must have a clean record.And he said CLEAN.Nothing nada...I would do it with my brother but now i have a family and we cant move to amsterdam just because i want to run a coffeshop

Guesty · Post by **Guesty** » Wed 11th Oct 2006 02:06 pm

We could all chip in,

6 shares, 6 real investors...

medic3829 · Post by **medic3829** » Sun 26th Nov 2006 02:22 pm

Has any other information came around lately? This sounds like a deal I may want to get invovled with.

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