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If Glen sells SUSA what will the asking price be?

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    If Glen sells SUSA what will the asking price be?

    So we are coming on here to ask this question since Larry the scumbag banned our post to him about what the price tag would be. So anyway guys what do you think? 10 Million?

    #2
    The land and improvements they own is worth twice that.

    Comment


      #3
      Originally posted by Unregistered View Post
      The land and improvements they own is worth twice that.
      OK so 20 Million but what about the soccer and staff part. another 5 million so a total of 25? im sure Glen wants to make major profit so maybe even 35 million?

      Comment


        #4
        Originally posted by Unregistered View Post
        OK so 20 Million but what about the soccer and staff part. another 5 million so a total of 25? im sure Glen wants to make major profit so maybe even 35 million?
        He owns at least four facilities. I'm sure that there are mortgages on them but that has to be worth a lot. The actual soccer club is the least valuable thing he owns.

        Comment


          #5
          Originally posted by Unregistered View Post
          He owns at least four facilities. I'm sure that there are mortgages on them but that has to be worth a lot. The actual soccer club is the least valuable thing he owns.
          Ok so the 4 facilities plus the soccer all in one price tag how much would you guess he would sell it for, and also why did Larry cover up that question on BOTN?

          Comment


            #6
            Originally posted by Unregistered View Post
            Ok so the 4 facilities plus the soccer all in one price tag how much would you guess he would sell it for, and also why did Larry cover up that question on BOTN?
            I'd guess 15 to 20 million for the four properties with the central islip facility making up half of that price. I'd be surprised if the club itself was worth more than a million because even though they generate a few million a year in revenue, they could also all leave at the drop of a hat.

            As for Larry blocking the post, what makes you think Glenn is interested in selling in the first place? Unless Glenn has indicated that he would take the out I don't blame Larry for blocking such speculation about a sponsor of his.

            Comment


              #7
              If Glen sells SUSA what will the asking price be?

              Originally posted by Unregistered View Post
              I'd guess 15 to 20 million for the four properties with the central islip facility making up half of that price. I'd be surprised if the club itself was worth more than a million because even though they generate a few million a year in revenue, they could also all leave at the drop of a hat.

              As for Larry blocking the post, what makes you think Glenn is interested in selling in the first place? Unless Glenn has indicated that he would take the out I don't blame Larry for blocking such speculation about a sponsor of his.
              how do you know the properties would be for sale (as part of the package) or not?
              The properties are also owned by private investors as well.

              Comment


                #8
                Originally posted by Unregistered View Post
                how do you know the properties would be for sale (as part of the package) or not?
                The properties are also owned by private investors as well.
                Generally when someone wants to sell something, they advertise. I haven't seen any such advertisements, have you?

                Comment


                  #9
                  If Glen sells SUSA what will the asking price be?

                  Originally posted by Unregistered View Post
                  Generally when someone wants to sell something, they advertise. I haven't seen any such advertisements, have you?
                  lmao! no, only here on TS. so you know it must be true!

                  Comment


                    #10
                    Any truth to this or just fodder? I guess the latter.

                    My take is not way he has more than few million of his own money, at most, invested. He is not making 5-10 times more than his investment. Not close. This business is based on repeat business and you can never predict 3 years out. Covid is just one example. There is so much competition with much cheaper prices, that it’s a risk. Would you give that much money? I wouldn’t.

                    Also, what if he does say I am out? Things could fall apart real quick and would lead to a lot of cut throat happenings with staff and customers leading to mass exodus. It wouldn’t take much to create a negative culture when you don’t have a good leader in a privately owned business.

                    Comment


                      #11
                      Originally posted by Unregistered View Post
                      Any truth to this or just fodder? I guess the latter.

                      My take is not way he has more than few million of his own money, at most, invested. He is not making 5-10 times more than his investment. Not close. This business is based on repeat business and you can never predict 3 years out. Covid is just one example. There is so much competition with much cheaper prices, that it’s a risk. Would you give that much money? I wouldn’t.

                      Also, what if he does say I am out? Things could fall apart real quick and would lead to a lot of cut throat happenings with staff and customers leading to mass exodus. It wouldn’t take much to create a negative culture when you don’t have a good leader in a privately owned business.

                      Glen Would 1000% sell for the right price tag, he is a business man and that's a fact! He used to own Nature Bounty Vitamins and he sold that and that is where he made his millions. I predict sooner or later there will be someone big that comes and buys him out for the right price. 50-100 million for everything.

                      Comment


                        #12
                        Originally posted by Unregistered View Post
                        Ok so the 4 facilities plus the soccer all in one price tag how much would you guess he would sell it for, and also why did Larry cover up that question on BOTN?
                        Because his daughters are allegedly hard to look at and nasty, like the father.

                        Comment


                          #13
                          Originally posted by Unregistered View Post
                          Glen Would 1000% sell for the right price tag, he is a business man and that's a fact! He used to own Nature Bounty Vitamins and he sold that and that is where he made his millions. I predict sooner or later there will be someone big that comes and buys him out for the right price. 50-100 million for everything.
                          The wiki page has absolute no mention of Glen as an owner of nature’s bounty.
                          Maybe you should update it, know it all.

                          Comment


                            #14
                            Originally posted by Unregistered View Post
                            The wiki page has absolute no mention of Glen as an owner of nature’s bounty.
                            Maybe you should update it, know it all.
                            He did not own Natures Bounty. He was the Vice President who took a buyout at the right time.

                            Comment


                              #15
                              Originally posted by Unregistered View Post
                              The wiki page has absolute no mention of Glen as an owner of nature’s bounty.
                              Maybe you should update it, know it all.
                              He sold off many millions in natures bounty stocks around 2009/2010 when he left the company and cashed out.

                              Comment

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