BlueJacket Looking for a New Owner

[BobG]

This is from the latest BlueJacket Newsletter:

 

IT'S TIME

 

Next month I’ll turn 73 years old. For nine years I’ve given my all to BlueJacket. We’ve created 11 new kits, three kits have been brought back and updated, and six kits have been improved. There are also 4 kits on the drawing board. Our newsletter has a fresh new look and now reaches over 5,000 people. Improvements to our facilities include a new roof, new oil tanks, new digital wide-format printer, new computers, new software, and a new website on the horizon.

 

So, now it’s time to pass this historic company to new hands. I'm not going through a commercial broker; I am reaching out to the modeling community because I BELIEVE IT IS VERY IMPORTANT that BlueJacket is led by a modeler who also possesses excellent business skills. In other words, someone with a passion for the products we so carefully create and the drive to build on the tradition of “a proud American company making beautiful ship model kits since 1905!”

 

I‘ll continue in Charlie's footsteps as the voice of the help line and will do repairs and custom work, etc.

 

So, if anyone is interested in the adventure of a lifetime with an historic company, contact me (below) or stop by and we can talk. I have no time-frame and will spend as much time as necessary to find the right person.

 

nic@bluejacket.net or call 207-548-9970

[Roger Pellett]

I wish that I was 20 years younger.  What a great opportunity for someone!

[Bob Cleek]

On 7/1/2022 at 12:01 PM, Roger Pellett said:

I wish that I was 20 years younger.  What a great opportunity for someone!

No kidding! I turn 73 this week and it's still tempting. Of course, I'm sure there will be a price involved. I doubt they're just giving it away!  

[mtdoramike]

Yeah, I wish I were 20 years younger as well with enough cash to make my dream come true. It would be like a kid buying a candy store.

[MrBlueJacket]

When I bought Bluejacket 9 yrs ago, I told people I never bought so many kits at one time in my life!

[MrBlueJacket]

After a month, although there were a couple of initial inquiries, I am still actively searching for the right person to carry on the tradition.

 

Nic

 

[ccoyle]

It would be a dream job for many of us, but I'm sure it requires some small measure of business acumen, of which I have none. And of course capital, of which I also have none!

[druxey]

Also, with the consideration of succession, the ideal age for a buyer would be about 50. Counts most of us out!

[rshousha]

And then there's the whole issue of the Canadian medical coverage that one would lose. 

 

[JKC27]

I'll be watching this......as cool as that would be, I just wouldn't be able to do it.  But I do rely on BlueJacket for a lot of their fittings.

[MrBlueJacket]

As a small update, I am beginning discussions with the absolutely perfect fit for the business. If and when it goes through, I think you will all agree with me. Of course, this process takes several months.

 

Nic

[Brian Falke]

Nic, I take it that all went well with the transition and BlueJacket is in new hands.

[MrBlueJacket]

Yes, it has been a good transition. I am now just a part-time employee!

 

Nic