May 18, 2013

DOMIRACER UNDER THE HAMMER

The massive warehouse of long-time British and European motorcycle/spares/memorabilia dealer DomiRacer (also known as Accessory Mart until a few years ago) is coming up for auction.  Business founder Bob Schanz, a former editor of Cycle magazine, died in 2003, and his wife Reba continued to run the business for a further 10 years.  Its certainly difficult to fill the shoes of such an outsize personality, and if you ever did business with Bob, you know what I mean.  In the 1990s, Bob tracked me down as the owner of a particular Brough Superior 11-50, as he had the original sidecar for that machine, as noted in the Works Records; he convinced me I 'needed' to buy the chair, as it 'belonged' to my bike, even though I didn't want it - now that's salesmanship!  Due to advancing age of Reba Schanz, the family has decided to simply sell the business after 40 years in the trade.   The entire inventory plus the real estate it sits on (a 30,000 sq' warehouse) is for sale - retail value of the parts alone is $12M.
There is a liquidation of the spares and motorcycles going on NOW until May 31st - with a minimum spares lot order of ~$500.  Click here for the auction site.
Among the many motorcycles on offer is what looks like a Matchless G12CSR
For everything Unsold at the spares liquidation, there will be an auction June 11th of large lots of spares/bikes/ephemera.  For more information go to Cincinnati Industrial Auctioneers website (here).

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