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PostPosted: Wed Nov 25, 2020 11:51 pm 
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Joined: Mon Jul 20, 2009 6:27 pm
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Bit of a turnaround. Makes me wonder if someone was playing chicken.


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PostPosted: Thu Nov 26, 2020 12:37 am 
BoTM | rBoTM | rider
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greencat wrote:
Bit of a turnaround. Makes me wonder if someone was playing chicken.


I'd be surprised.... having talked to & done business with Donald face to face on a number of occasions, I really don't think anything suspicious has gone on.

Whatever, its great news that a British frame builder has lived to fight another day.. how it's happened is their business. :xmas-big-grin:


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PostPosted: Thu Nov 26, 2020 12:47 am 
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Joined: Mon Jul 20, 2009 6:27 pm
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Peachy! wrote:
greencat wrote:
Bit of a turnaround. Makes me wonder if someone was playing chicken.


I'd be surprised.... having talked to & done business with Donald face to face on a number of occasions, I really don't think anything suspicious has gone on.

Whatever, its great news that a British frame builder has lived to fight another day.. how it's happened is their business. :xmas-big-grin:


I was more thinking about someone like a landlord was putting the squeeze on...


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PostPosted: Thu Nov 26, 2020 1:06 am 
Gold Trader / MacRetro rider
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Location: held captive by baby haggis in a cave in Scotland
Definitely great news all round.
I don't think anything untoward happened I just think maybe someone stepped in with a bit of support and business planning that took away the pressure.
Some good news for once for 2020 :)

Jamie


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PostPosted: Thu Nov 26, 2020 1:19 am 
BoTM | rBoTM | rider
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Location: VCC Member 5558 East Riding of Yorkshire
greencat wrote:
Peachy! wrote:
greencat wrote:
Bit of a turnaround. Makes me wonder if someone was playing chicken.


I'd be surprised.... having talked to & done business with Donald face to face on a number of occasions, I really don't think anything suspicious has gone on.

Whatever, its great news that a British frame builder has lived to fight another day.. how it's happened is their business. :xmas-big-grin:


I was more thinking about someone like a landlord was putting the squeeze on...


Ah I see.. but no, not in this case as they own their own building plus all the shops with sitting tenants underneath them.

Now that’s a thought, it would be great if they had enough investment to open the corner shop again as the show room....


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PostPosted: Thu Nov 26, 2020 1:21 am 
r.B.o.T.M. & P.o.T.M. Winner
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Joined: Thu Nov 22, 2007 10:51 am
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Location: Camel Land
So is it a new owner? More info would be nice.....


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PostPosted: Thu Nov 26, 2020 9:17 am 
Retro Guru

Joined: Tue Feb 23, 2010 1:56 pm
Posts: 1136
Location: West Yorkshire
That's good news. Looks like the current workforce will have to postpone their retirements after all!
I'm surprised they're hoping to stay on in the existing premises seeing as they sold it according to earlier information.
Perhaps the the new owners are happy to rent the space back to them. Doing a "sell and lease back" transaction is a good way of raising capital so perhaps that was the source of the investment their new announcement refers to. The worst case scenario is that a third party has pumped some serious money into the firm and will bump up the prices to get back a return on their investment. Let's hope they more or less stay as they are and don't become a "lifestyle" brand.

I'll certainly be putting some work their way in December.

Mark.


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PostPosted: Thu Nov 26, 2020 10:55 am 
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Location: East Lothian
Ineos Bob Jackson...?


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PostPosted: Thu Nov 26, 2020 10:57 am 
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Joined: Mon Jul 20, 2009 6:27 pm
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I just think it's interesting the turnaround from "It's come to the end of its natural life because we all want to retire and can't find young people to take it on" to "Scratch that, it's business as usual because we've got lots of investment & support".

Presumably, the reason given for closure has not gone away. But well done to whomever recognised it was worth keeping going.

Would love to see the shop re-open again as I always loved popping in to see the various customer projects they were working on. My favourite was a mountain bike frame from the 80s - complete with 531 forks (might have been a Saracen) beautifully spruced up with modern XT groupset etc. Sadly distance means I would be unlikely to visit it myself though.


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PostPosted: Thu Nov 26, 2020 12:44 pm 
retrobike rider / Gold Trader
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Joined: Sat Jan 27, 2007 10:35 pm
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Location: The desolate flats of Cambridgeshire
I was just reading through this thread thinking about ways of community sourcing a takeover. Glad it doesn't need to happen!

I have had a number of paint jobs done at Bob Jacksons over the years and it would have been a crying shame to see the name gone from my home city. My dad used Bob Jacksons cycles long before I was ever on the scene!


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