Asking price is $875,000.
https://www.ecoustics.com/news/ohm-acoustics-for-sale/
https://www.bizquest.com/business-for-sale/custom-speaker-manufacturer-brooklyn-new-york/BW2084589/
Current owners wish to retire.
I think it's a lot of money, considering that their factory is a rented premises, and apart from the trademark, as far as I know there is no protectable Intellectual Property.
Somebody could buy a pair of the big Ohm speakers and send them to China and get them cloned.
Anyway, this is a tough time to sell any business that is not recession-proof. The Credit Rating of the United States of America just got lowered, for Pete's sake!
john
https://www.ecoustics.com/news/ohm-acoustics-for-sale/
https://www.bizquest.com/business-for-sale/custom-speaker-manufacturer-brooklyn-new-york/BW2084589/
Current owners wish to retire.
I think it's a lot of money, considering that their factory is a rented premises, and apart from the trademark, as far as I know there is no protectable Intellectual Property.
Somebody could buy a pair of the big Ohm speakers and send them to China and get them cloned.
Anyway, this is a tough time to sell any business that is not recession-proof. The Credit Rating of the United States of America just got lowered, for Pete's sake!
john
Thread moved to Everything Else.
Company concentrated mainly on direct sales.
They did have a patent on the coherent driver system.
They have legacy products
And new products.
Actually recently this year had a chance
to hear a vintage pair
And was actually rather good sounding.
Seems to be same owner for well over
50 years. Compared to the MI industry
some brands have been sold multiple
times
For the overall cost they perform the same or
better than some current companies.
Having done custom furniture and
remodels for very wealthy people
around certain lake areas.
It would seem Ohm Walsh speakers
were incredible popular.
Having seen many in customers collections
most still remaining in the main room.
Judging the age group I would say
they did rather well in the 80's and 90's
Familiarity in modern media might be
unheard of. Since direct sales seemed
to keep them around for a long time.
Likely new ownership could change
that direction if they wanted too.
And you would be marketing a legacy product
brand. Compared to trying to establish a new brand.
They did have a patent on the coherent driver system.
They have legacy products
And new products.
Actually recently this year had a chance
to hear a vintage pair
And was actually rather good sounding.
Seems to be same owner for well over
50 years. Compared to the MI industry
some brands have been sold multiple
times
For the overall cost they perform the same or
better than some current companies.
Having done custom furniture and
remodels for very wealthy people
around certain lake areas.
It would seem Ohm Walsh speakers
were incredible popular.
Having seen many in customers collections
most still remaining in the main room.
Judging the age group I would say
they did rather well in the 80's and 90's
Familiarity in modern media might be
unheard of. Since direct sales seemed
to keep them around for a long time.
Likely new ownership could change
that direction if they wanted too.
And you would be marketing a legacy product
brand. Compared to trying to establish a new brand.
Take home 500 million after taxes from one of the big lotteries and it would be fun to buy. To paraphrase the classic movie line "You are losing a million dollars a year, how long can you keep this up" "oh, 499 years I guess"
US Patents, in most cases, last 17 years. I did a quick search and the original patent seems to be the only one. So, that technology was in the Public Domain from 1987 on. I don't recall any other company cloning it. If you want to read the entire patent, go to the USPTO.gov web site and search by the patent number 3,424,873.
john
Yes correct the patent
is expired.
But non the less
Is a unique driver.
And from listening experience
Has a overall nice sound and clarity
you would expect from Hi Fi.
For a vintage unit the bass was rather
impressive.
More the point the company history
isn't just shoving off the shelf direct
radiators into boxes and pushing a high price.
It is patented legacy equipment.
With long history.
It would be interesting to view the in house
manufacturing process. And for the asking price
to become a speaker manufacture and driver manufacture.
Seems like a rather good price actually.
If I did have the money.
I would highly consider buying it.
After seeing the equipment included.
And reach a agreement
on consulting for legacy products.
is expired.
But non the less
Is a unique driver.
And from listening experience
Has a overall nice sound and clarity
you would expect from Hi Fi.
For a vintage unit the bass was rather
impressive.
More the point the company history
isn't just shoving off the shelf direct
radiators into boxes and pushing a high price.
It is patented legacy equipment.
With long history.
It would be interesting to view the in house
manufacturing process. And for the asking price
to become a speaker manufacture and driver manufacture.
Seems like a rather good price actually.
If I did have the money.
I would highly consider buying it.
After seeing the equipment included.
And reach a agreement
on consulting for legacy products.
I grew up in Rhode Island and I attended Brown University. The relevance being that Rhode Island is in New England, and Providence is about 50 miles from Boston and Cambridge, where Tweeter, etc, and Tech HiFi respectively were founded. The ultimate relevance being that, at least according to long-ago industry folklore, Ohm Acoustics was founded because Tech HiFi founder John Strohbeen wanted to sell Walsh Driver loudspeakers in his hi-fi stores. Strohbeen eventually became President of Ohm.
So, I heard a favorite Bob James LP on the Creed Taylor label played over big Ohms at the Tech HiFi on Angell Street in Providence, circa 1975 or 1975. I was very impressed. As an audio nerd, I was a bit horrified when I realized that the sound from the inside of the Walsh cone was all being soaked up by fiberglass. I thought it was a very inefficient way of doing things.
Back in the same era, I heard an equally impressive demo of an early large Heil AMT-based loudspeaker at Ashley Hi-Fi.
My first pair of loudspeakers that at least aspired to high quality were Fried Products Co. Q2s. I assume my former girlfriend still has them.
john
So, I heard a favorite Bob James LP on the Creed Taylor label played over big Ohms at the Tech HiFi on Angell Street in Providence, circa 1975 or 1975. I was very impressed. As an audio nerd, I was a bit horrified when I realized that the sound from the inside of the Walsh cone was all being soaked up by fiberglass. I thought it was a very inefficient way of doing things.
Back in the same era, I heard an equally impressive demo of an early large Heil AMT-based loudspeaker at Ashley Hi-Fi.
My first pair of loudspeakers that at least aspired to high quality were Fried Products Co. Q2s. I assume my former girlfriend still has them.
john