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12/28/07
Investment
Group Submits Letter of Intent to Purchase Lucky's!
A
southwest Investment Group, who's name will remain confidential
until the sale is final, have submitted a letter of intent to
purchase Lucky's Speed Shop. Details of the sale include the purchase
of all inventory, logos, apparel designs, motorcycle
and hot rod parts, all product lines along with all
online stores.
At
this time the sale does not include the hot rod and motorcycle
fabrication portion of the business. That portion will remain
active but will be operated under a new company name to be determined
and approved under the terms of the sale. The new name will be
announced immediately after the completion of the sale.
The
group has vowed to keep the quality, pricing, new product development
and integrity of the company 100% intact while employing an aggressive
marketing strategy to make Lucky's Speed Shop an international
name.
To
insure this, terms of the sale include the owner and founder of
Lucky's, Don Yates will be retained as a consultant for a one
year period.
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