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Author Topic: OCC PROPERTY UP FOR SALE  (Read 5482 times)

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Keats

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OCC PROPERTY UP FOR SALE
« on: January 29, 2016, 01:02:36 PM »
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smkymtnboy

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Re: OCC PROPERTY UP FOR SALE
« Reply #1 on: January 29, 2016, 01:47:54 PM »
 do not know if the layout inside would benefit a dealer. but, the outside looks like an awesome place for  :drummer:a dealership. location could stink i suppose.
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mark

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Re: OCC PROPERTY UP FOR SALE
« Reply #2 on: January 29, 2016, 05:59:04 PM »
Hope the Teutuls invested their money wisely.  Most riders knew the chopper market would collapse one day.
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Road Dad

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Re: OCC PROPERTY UP FOR SALE
« Reply #3 on: January 29, 2016, 06:02:04 PM »
That is sad. His biggest mistake was to get his deadbeat sons in the business. On top of that idiot Jr. Started a competing business.
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MIKEYTEE

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Re: OCC PROPERTY UP FOR SALE
« Reply #4 on: January 29, 2016, 06:12:20 PM »
Is anyone surprised?

Mike
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mark

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Re: OCC PROPERTY UP FOR SALE
« Reply #5 on: January 29, 2016, 07:00:54 PM »
They should have stayed in the original shop, maybe added on space.  What do you think that bldg and property cost at the time of construction?  3 - 5 mil?
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sadunbar

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Re: OCC PROPERTY UP FOR SALE
« Reply #6 on: January 29, 2016, 07:03:14 PM »
It's just the building for sale.  OCC doesn't own the building and hasn't for some time.  OCC is a only a tenant in the building. 
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mark

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Re: OCC PROPERTY UP FOR SALE
« Reply #7 on: January 29, 2016, 07:10:56 PM »
What happened, did OCC lose the bldg and then lease it back?
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sadunbar

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Re: OCC PROPERTY UP FOR SALE
« Reply #8 on: January 29, 2016, 07:16:49 PM »
Quote from: Mark on January 29, 2016, 07:10:56 PM
What happened, did OCC lose the bldg and then lease it back?

Lose it??  I don't know if they lost it, but they sold it.  I think their business contracted some time ago and they had far more square footage than necessary for their needs.  They sold the building and then leased the lower level back.  The upper level has (had?) other tenants.  The current building owners have placed the buliding up for sale.  According to Rick Petko (on Facebook) OCC intends to continue leasing the same space from the new owners after a sale takes place.
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smkymtnboy

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Re: OCC PROPERTY UP FOR SALE
« Reply #9 on: January 29, 2016, 07:31:53 PM »
 they lost it or surrended the building to ge capitial and leased back 2/3 of space. http://www.newbernsj.com/article/ZZ/20160129/SHAREABLE/160129848/-1/s
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Road Dad

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Re: OCC PROPERTY UP FOR SALE
« Reply #10 on: January 29, 2016, 07:35:11 PM »
Nothing wrong selling the building and lease back. Normally make good business sense. Of course I know nothing about how OCC is doing.
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bigchuck

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Re: OCC PROPERTY UP FOR SALE
« Reply #11 on: January 29, 2016, 07:46:30 PM »
They made a chit load of money in a very short time with merchandising. Their crap was sold in every truck stop from coast to coast. Too bad they weren't smart enough to hang onto any of it.
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Chains

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Re: OCC PROPERTY UP FOR SALE
« Reply #12 on: January 29, 2016, 08:47:30 PM »
From what I have seen the old man still wants to lease the building and is going to have a new show on TV. I wouldn't count him out yet.
« Last Edit: February 02, 2016, 09:36:20 AM by Chains »
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Re: OCC PROPERTY UP FOR SALE
« Reply #13 on: February 02, 2016, 06:25:51 AM »
I have been to that building its very nice has a big restaurant on the one end and very easy to get to.
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Re: OCC PROPERTY UP FOR SALE
« Reply #14 on: March 04, 2016, 10:59:16 AM »
Quote from: bigchuck on January 29, 2016, 07:46:30 PM
They made a chit load of money in a very short time with merchandising. Their crap was sold in every truck stop from coast to coast. Too bad they weren't smart enough to hang onto any of it.



I think Mr Teutul is doing just fine. His net worth is $15,000,000 according to several current websites.  Thats 15 million, not to bad for a old iron worker! Everyone is entitled to his or her opinion about there disfunctional family, but there is no doubt that OCC exposed millions of people to motorcycles that otherwise could care less about our lifestyle!




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