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Old 09-11-2008, 07:00 AM   #1
Lakepilot
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I think the main reason Orlando Harley has bought Meredith Harley, is that they want to capitalize on Laconia Bike week. Changing the name will associate more with bike week and they'll promote and organize bike week more like Daytona Bike week.

This year I've been to Daytona Bike week, Laconia and Sturgis and both Sturgis and Daytona are much better organized.
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Old 09-11-2008, 07:30 AM   #2
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Could also be that the original owners of MHD wanted $$ for the trade name and OHD got a better price on the deal if they used a new name.
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Old 09-11-2008, 08:35 AM   #3
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Isn't the Laconia Airport in Gilford?It's just a name.
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Old 09-11-2008, 11:34 AM   #4
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Quote:
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Isn't the Laconia Airport in Gilford?It's just a name.
And Manchester Airport is in Londonderry.
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Old 09-30-2008, 08:42 AM   #5
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And Manchester Airport is in Londonderry.
Actually Chip,it's the Manchester/BOSTON airport that is located in Londonderry.Now that one really is a stretch.I think that name sounds dumb.
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Old 09-30-2008, 09:11 AM   #6
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Actually Chip,it's the Manchester/BOSTON airport that is located in Londonderry.Now that one really is a stretch.I think that name sounds dumb.
Sorry, my bad. I didn't type in the whole name Manchester Boston Regional Airport (MBRA). And I agree, it is a stupid name. Either way, it is in neither Manchester nor Boston.
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Old 09-30-2008, 01:07 PM   #7
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I expect the name change will be well worth it if for no other reason than the sale of T-shirts. As has been said before, anybody who rides knows about the Laconia rally. HD riders are always looking for HD shirts from famous dealerships. Based on the familiarity with the Laconia name I would expect they would be much better sellers than Meredith HD.
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Old 09-11-2008, 03:48 PM   #8
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Quote:
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Could also be that the original owners of MHD wanted $$ for the trade name and OHD got a better price on the deal if they used a new name.
While I'm sure the owners of Orlando Harley know how to acquire a business, in transactions like this it is not uncommon to do an "inventory sale". In essence, all the assets are sold to the new owners, but the formal corporate entity is retained by the original owners. That entity also retains any outstanding debt and liabilities. This allows for one business to buy another without having to spend tons of money on due diligence making sure there is no outstanding liabilities. Of course in this scenario, the old owners retain the old business name, so the new owners need to use a new name...
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Old 09-13-2008, 08:56 AM   #9
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Hope the Harley dealership has better luck identifying with "Laconia Bike Week" than Weirs beach did.
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