texashuntingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
RingerTexas, NTC, BassnChris, 99longhorn, Massbigbore44
69121 Registered Users
Top Posters(All Time)
dogcatcher 109,091
bill oxner 89,131
SnakeWrangler 60,964
stxranchman 58,949
RKHarm24 44,585
rifleman 44,461
Gravytrain 44,209
BMD 41,232
Forum Statistics
Forums46
Topics613,909
Posts11,477,795
Members84,121
Most Online19,184
Feb 5th, 2020
Print Thread
G and H decoy update. #8451602 11/17/21 07:53 PM
Joined: Aug 2005
Posts: 11,615
W
wal1809 Offline OP
THF Celebrity
OP Offline
THF Celebrity
W
Joined: Aug 2005
Posts: 11,615
I had heard a terrible rumor some time ago about G and H decoy co. shutting its doors. Further confirmation came the other day when someone said they were out of stock on all items. I wanted another 6 dozen redheaded decoys. I went to the website and nothing is in stock. So I called hoping I could get in before the doors close for good. Well come to find out they are not closing, they are selling. G and H will still be in operation after December and they will be in full production. Praise God and all that is Holy.

Re: G and H decoy update. [Re: wal1809] #8451609 11/17/21 07:59 PM
Joined: Jul 2006
Posts: 109,091
dogcatcher Online Content
THF Celebrity
Online Content
THF Celebrity
Joined: Jul 2006
Posts: 109,091
Any idea of the name of the new owners?


Combat Infantryman, the ultimate hunter where the prey shoots back.
_____________"Illegitimus non carborundum est"_______________

[Linked Image]
Re: G and H decoy update. [Re: dogcatcher] #8451620 11/17/21 08:10 PM
Joined: Aug 2005
Posts: 11,615
W
wal1809 Offline OP
THF Celebrity
OP Offline
THF Celebrity
W
Joined: Aug 2005
Posts: 11,615
Originally Posted by dogcatcher
Any idea of the name of the new owners?


No Sir. If I was prone to liking Oklahoma I'd dream about being the new owner. Not in my cards though.

Re: G and H decoy update. [Re: wal1809] #8451633 11/17/21 08:32 PM
Joined: Jul 2006
Posts: 109,091
dogcatcher Online Content
THF Celebrity
Online Content
THF Celebrity
Joined: Jul 2006
Posts: 109,091
I remember seeing that they were for sale, I think the asking price was $1.2 million.


Combat Infantryman, the ultimate hunter where the prey shoots back.
_____________"Illegitimus non carborundum est"_______________

[Linked Image]
Re: G and H decoy update. [Re: dogcatcher] #8451646 11/17/21 08:47 PM
Joined: Dec 2005
Posts: 32,203
Guy Online Content
THF Celebrity
Online Content
THF Celebrity
Joined: Dec 2005
Posts: 32,203
Originally Posted by dogcatcher
I remember seeing that they were for sale, I think the asking price was $1.2 million.

Wayne would probably need to sell his airboat.

Re: G and H decoy update. [Re: dogcatcher] #8451682 11/17/21 09:16 PM
Joined: Apr 2007
Posts: 52,101
BOBO the Clown Online Content
decoy
Online Content
decoy
Joined: Apr 2007
Posts: 52,101
Originally Posted by dogcatcher
I remember seeing that they were for sale, I think the asking price was $1.2 million.


Interesting I figured a higher EBITDA then that , but might explain why they went unsold


Donate to TX Youth hunting program.... better to donate then to waste it in taxes

https://secure.qgiv.com/for/gtgoh/mobile
Re: G and H decoy update. [Re: wal1809] #8451747 11/17/21 10:12 PM
Joined: Aug 2005
Posts: 11,615
W
wal1809 Offline OP
THF Celebrity
OP Offline
THF Celebrity
W
Joined: Aug 2005
Posts: 11,615
I reckon we would have to peek at the numbers to see if 1.2 is good or bad. I can't imagine their numbers are good at all. It would certainly be a seasonal business. Manufacturing in America with China and the likes as your only competitor, not easy to keep your head above water. This country is like a giant pack of rats eating their ship at sea.

Re: G and H decoy update. [Re: wal1809] #8452213 11/18/21 12:08 PM
Joined: May 2017
Posts: 2,876
S
Smokey Bear Offline
Veteran Tracker
Offline
Veteran Tracker
S
Joined: May 2017
Posts: 2,876
I’ve bought decoys several times at G&H in Henrietta. I know things change with time. I hope the new owners continue to manufacture the same quality decoys…


Smokey Bear---Lone Star State.
Re: G and H decoy update. [Re: wal1809] #8452234 11/18/21 12:40 PM
Joined: Sep 2010
Posts: 808
J
jnd59 Online Content
Tracker
Online Content
Tracker
J
Joined: Sep 2010
Posts: 808
I'm surprised they shut down production before the sale. That's a industry that probably cannot support a lot of debt. 1.2 is probably 300k or so in cash flow assuming no real estate or inventory.


No matter how high a duck flies a hammer still breaks a window.
Re: G and H decoy update. [Re: jnd59] #8452326 11/18/21 02:02 PM
Joined: Apr 2007
Posts: 52,101
BOBO the Clown Online Content
decoy
Online Content
decoy
Joined: Apr 2007
Posts: 52,101
Originally Posted by jnd59
I'm surprised they shut down production before the sale. That's a industry that probably cannot support a lot of debt. 1.2 is probably 300k or so in cash flow assuming no real estate or inventory.


4x EBITDA is what I figured. I really thought they had higher revenue but take a step back it makes sense


Donate to TX Youth hunting program.... better to donate then to waste it in taxes

https://secure.qgiv.com/for/gtgoh/mobile
Re: G and H decoy update. [Re: Smokey Bear] #8452560 11/18/21 05:38 PM
Joined: Aug 2005
Posts: 11,615
W
wal1809 Offline OP
THF Celebrity
OP Offline
THF Celebrity
W
Joined: Aug 2005
Posts: 11,615
Originally Posted by Smokey Bear
I’ve bought decoys several times at G&H in Henrietta. I know things change with time. I hope the new owners continue to manufacture the same quality decoys…


I do too. I am probably going to buy 4 or 5 more dozen redheads when they fire up again.

Previous Thread
Index
Next Thread

© 2004-2021 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
Powered by UBB.threads™ PHP Forum Software 7.7.3