Avondale Audio - the end ?
Posted: Mon Aug 06, 2012 10:49 am
Happened to come across this recent post by Les Wolstenholme ( founder/owner of Avondale ) on PFM
"In any event, I'm looking now, at almost 70 yrs, to wind down the operation and spend some long-lost-time with my wife of 42 yrs.
We've worked our butts off for as long as we can remember and were it not for her career in education, I would not have been able to run Avondale. It may come as something of a surprise to the select group but I haven't taken any kind of salary for at least fifteen years rather, I've always had another 'project' in the pipeline to siphon away any of the modest 'profits' my operation has made.
I'm not crying in my beer by saying this, it's been my choice to enjoy the valued friendships and consequently the social life the business has brought over the years.
It may be that a buyer for the business will come along before I wind down and in that case, it would be satisfying to see the company go on into the future.
Either way, here is one very fortunate bloke, content with his lot.
Thanks guys for all the support over these many years. "
Never heard any of his amps but his Naim upgrades are well reviewed and he was clever enough to exploit a niche market. Could be a good business opportunity for someone looking for a career change :D
"In any event, I'm looking now, at almost 70 yrs, to wind down the operation and spend some long-lost-time with my wife of 42 yrs.
We've worked our butts off for as long as we can remember and were it not for her career in education, I would not have been able to run Avondale. It may come as something of a surprise to the select group but I haven't taken any kind of salary for at least fifteen years rather, I've always had another 'project' in the pipeline to siphon away any of the modest 'profits' my operation has made.
I'm not crying in my beer by saying this, it's been my choice to enjoy the valued friendships and consequently the social life the business has brought over the years.
It may be that a buyer for the business will come along before I wind down and in that case, it would be satisfying to see the company go on into the future.
Either way, here is one very fortunate bloke, content with his lot.
Thanks guys for all the support over these many years. "
Never heard any of his amps but his Naim upgrades are well reviewed and he was clever enough to exploit a niche market. Could be a good business opportunity for someone looking for a career change :D