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BLT321

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BLT321

Re: asus post# 22218

Monday, 08/21/2006 10:19:03 AM

Monday, August 21, 2006 10:19:03 AM

Post# of 79921
Asus...Best Jets rebuilds aircraft on "spec". Pays perhaps 300-500K and then puts perhaps a mil or so into the Lear 25. Pay day comes when it is sold.

Sort of like the doctor who builds a "spec" house at the lake. Debt is part of this business model until the product is sold.

In the blog, owner said that most are sold before completion.

Cash flow always a problem with this structure, but the pay day is nice for them I would think.

Sure hope we find a bottom soon!

Regards,

blt
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