20 million Pesos = US$344,000 more or less. The only tangible asset you get for all that money is 30 used motorcycles. Assume each is worth $2,000 for a total of $60,000. Is a 5 star Google rating and a few relationships worth the remainder ($284,000)??? Also, the business will require your constant attention and physical presence, no way it will run on auto-pilot in the Phils. Sounds absurdly high price. Why not buy a bunch of brand new motorcycles, find a decent Lapu-Lapu location, and do the rest yourself?
well over half a million in australian dollars ,, for used bikes ??? if his name turns to trash over these aligations ,,, you can kiss all that good will and reviews good bye ... plus ,, there are hire bike shops everywere ...
@@peterbrittain1963 if it were half as successful as he says, there's another bike rental biz setting up immediately across the street & another couple within view. How things roll.
@@Ghekko-kw3zz 100% ...video i watched yesterday,,, almost the whole street was bike rental shops .. i think that business has be covered by the locals ... probably why he wants to sell up... flooded market..
The deflection was painfully obvious it’s like watching someone try to bail water from a sinking ship with a teaspoon. Something’s definitely fishy here. And don’t even get me started on the company he keeps still being cool with Regular Guy after that revelation? That’s a whole parade of red flags right there. Now, onto the business side. 30 motorbikes for 20 million? Seriously? As a motorcycle enthusiast, I know the market here in the Philippines. If we’re talking about big bikes or high-end models, sure, that’s a different ballgame. But 30 million for standard motorbikes? Come on, man. I’d rather invest in 30 minivans, start a Lazada or Shopee delivery fleet, and actually see a return. This motorbike deal smells like someone trying too hard to sell a bad idea."
@ I did, too, but caught a more recent episode and found he'd honed his humor and video skills. No more "babe-a-roonies," "my peeps," or "Philly Willy" talk.
@@KutWrite that was getting old, and found the content to be very competitive. Plus I think he needed to change because he was walking a fine line with his content that could get him into trouble.
@@kevink1214 He started off being very negative about the Pinas, waiting for service, etc. I re-subbed when his attitude improved. He's actually quite funny.
Derek helps so many people and his girl is almost always with him so I never felt like he was grooming anyone he help. This man also helps other expats and has built a strong reputation with locals to the point they seek him out when they see someone in need. Before you judge this man go look at his body of work.
Cal: great interview. I’m surprised that Derek did not take the opportunity to deny categorically that these rumours floating around are not true. Further, he didn’t offer to take legal action against anyone who is guilty of libel, slander and/or defamation. Instead, Derek changed the topic from the “serious allegations” that you brought up in your introductory remarks into talking about selling the business. There are now more questions than answers.
People are always applying Western mentality and laws in SE Asia and other parts of the world. This is bound to be met with failure in many instances. He's going to sue a poor Filipina and get what? Money from her? The Filipinos will most likely take her side and cast him deeply as an evil foreigner. I would defend myself, but suing her sounds like a waste of money and time. Your first point made more sense than your second point (suing).
@@jones4334 You know you are correct. P diddy did not owe anyone an explanation. Epstein did not owe anyone an explanation. Wow you are right. Never thought of it that way
@@skybox-fs6dv been in business many times over many years, they generally sell for 2 years net profit plus inventory & lease takeover. They also generally sell to duly diligent buyers.
good interview Cal.... those interested in the business, I recommend you keep Q's staff.. If the owners can be away and travel for a full month then the staff is apparently competent and trustworthy..
Yo Calvin, good looking out for Q. He needs to address these questions, allegations. I know about such things. Asap He needs to take care of it before it gets out of control and detrimental to his being in the Philippines 😮
As a licensed long time Business Broker the selling price is usually 2-3 times NET profit and includes all the inventory. His thought of selling this business at his asking price is far out of line. I spent 20 years operating many businesses in the PI and when I sold we had 23k full time employees on eight islands. My business brokerage has been in California for 10 years. Salamat, Larry
I do not know anything about a video or allegations. I do know what I have seen the great things Derek has done on his channel and in his business. No shade from Sunshine Shoulders he gives a man an honest interview to get his side out.
Q have done some good work with helping people here in Lapu Lapu, I met him personally and in person, I can only say it was good each time.. handle your business Q and push forward brotha.
And how much does he put into repairing them after they are laid down. All too many think that since they can ride a bicycle that they are capable of riding a scooter.
Hi Calvin! Fine interview. I wondered about "Q." Interesting that you addressed the charges more than he did. Any chance you can say what brand and model the lady's bag is? I like the way it straps on in two places.
He said it's 400K net monthly after expenses and that's because they have staff and they're including their household expenses. You aren't interested you just want to argue 😐
They don't even sell businesses here in the U.S. at 5 times net income. He didn't even have the numbers in his mind. All the bikes needs to be appraised and inspected and see what's the remaining useful life of the bikes are. Then look at the income and calculations of business income and expenses and make a determination. There are two numbers that are needed. Price out the furniture and equipment (bikes) of the business (all used). Then calculate the net income of the business. The combined total is the price of the business. I don't think it comes close to $20M pesos.
I have a franchise that makes me 200,000 pesos a month and it only cost me 400,000 pesos for the annual fee and I only have to pay around 100,000 to renew at the end of the year
Have followed derek and Ai for many months .The allegations are serious concerned about his body language and superfluous excuses Needs to defend reject before it becomes a bush fire thats difficult to extinguish. As for the business just research and qualify but price seems wishful !@
This is a lesson to ALL FOREIGNERS: I WILL NEVER DO ANYTHING TO HELP IMPROVE ANY FILAPINO LIFE WHILE I AM THERE. I WILL NOT HIRE ANYONE TO DO ANYTHING EXCEPT THROUGH A SERVICE. I WILL NOT HAVE ANY LOCAL BUSINESS OR ANY BUSINESS THAT EMPLOYS FILAPINOS TO HELP THEM MAKE MONEY OR TEACH THEM WESTERN WAYS OF MAKING MONEY. I WILL ISOLATE MYSELF FROM ANY RELATIONSHIPS WITH FILAPINOS WHERE I SEEK TO HELP THEM HAVE A BETTER LIFE. THIS IS THE REWARD YOU GET FOR HELPING PEOPLE WHO CANT HANDLE HELP AND BECOME JEALOUS OF THE PERSON THAT HELPS THEM.
You must be a lot of fun at parties. I come from a highly advanced / high trust north-western European country and have been fucked over by friends and businesses too. Basic life rules apply the same all over the world. Keep your eyes and ears open, be skeptical of easy or great sounding deals and stay away from toxic people.
Information seems vague, he says he has an investor, no mention how much invested or how much he owns of the business. 20 million = 339k us, is that correct. Those 30 bikes will need replacing down the road which adds to the cost. For a guy trying to sell a business he doesn't seem sure about the numbers.
Remember when he spent a lot of time working thru the English consul to get that old abandoned, ill, mentally weakened Englishman back home ? That was very admirable. Where were the old man's English compatriots ? And wasn't he the guy who repaired that shack over the water for a single mom ? And didn't he advertise some students who lived on the water who were sent a laptop as a result ? This accusation could hurt a good guy and deter him from helping others.
There is always a reason people get abandoned at the end of their lives. I don’t think the Filipina helping Ken got much at the end of the day much less Q.
$551,466 aud for about 30 used motorbikes 🤣🤣🤣 he is fucking tripping ... those used bikes are worth a quarter of what he paid new, due to the miles and use .. say each bike was $2500 aud new ,,, thats $75 grand ... i dont see any value in this ..
You should become a broker for all the motorcycle renters With having a 5 star rating, It would save having to have any Bikes, you could just put you client on to renters and pocket a percentage and sell your current business
As a business buyer and seller, 2 years net profit for the goodwill (business) plus stock and chattels is a fair price for most owner operator business like this.
20 million Pesos for 30 (used) motorbikes? Why can't a person just buy 30 brand new bikes of various CCs (mostly 125 to 150) ,,., let say 100K to 150K each or so and that's about 3 to 4.5 million pesos and find a place and rent them out yourself? You can save 15 million pesos, Am I wrong here?
Why not buy a bunch of ground beef and sell hamburgers and call it McDonald's? The name McDonald's is worth something. All the time and effort to build up the brand means something. Yes you're wrong 😄
I went through all those vlogs and comments. It is literally an extortion game. He wants money from Derek. ( because he does not want to work in a call center again)
So I did the math to make a million pesos mothly you would have to make a little over 32k per day and if he is renting the bike for 450 pesos per day he'd have to rent 72 bikes per day....... he said he has 30 bikes, the math ain't mathing
30 bikes divided by 10.million is 333,333 pesos per bike. Bikes in Philippines new around 140,000 for a honda click. This price of 20 million smells like sticky dry salted fish.
@@jaycockerille3227if you're near a big city, especially Manila, used cars & bikes often have ludicrously low mileage for their age, 1000 km a year or less. Plus they already have a plate so you're not riding around unregistered for weeks or months "for registration".
@@calroach1that’s 900k gross sales eithe4 annually or monthly. But the numbers don’t add up given that he has a maximum of 12 bikes available for sale at any time.
Everyone, just review the video again, take notes on the business comments, Google the peso conversion, use your calculator and then you can comment. Cal,,, i just dont understand the comments from these people that have no money or business experience making judgement. Q has all high end Scooters and Motorcycles. In the philippines, bikes dont depreciate like they do in the US. As commented before, you are not just paying for inventory, you are buying a complete business and if im not mistaken a home attached to the business. There ya go, have a nice day!
How can you know he didnt do anything? I have seen this guy before on some vids and to me he always seemed sketchy. You can never know, that is my point. Its always an uncle or grandfather, right? Nobody expected it and so on. So why make this video? Would you risk your rep on it?
Cyber libel is a criminal offense in the Philippines that involves defamatory statements made through digital means. It's governed by the Revised Penal Code (RPC) and the Cybercrime Prevention Act of 2012 (Republic Act No. 10175). To qualify as cyber libel, the content must meet the following criteria: Defamatory: The content must be false or damaging to the reputation of an individual or entity Published: The statement must be communicated to a third party Identifiable: The subject of the statement must be identifiable Malicious: The publication must be made with malice, either expressed or implied
If you want a happy retirement. Don't open a business in a foreign country, and rent a home don't buy. You don't need the headaches.
20 million Pesos = US$344,000 more or less. The only tangible asset you get for all that money is 30 used motorcycles. Assume each is worth $2,000 for a total of $60,000. Is a 5 star Google rating and a few relationships worth the remainder ($284,000)??? Also, the business will require your constant attention and physical presence, no way it will run on auto-pilot in the Phils. Sounds absurdly high price. Why not buy a bunch of brand new motorcycles, find a decent Lapu-Lapu location, and do the rest yourself?
well over half a million in australian dollars ,, for used bikes ??? if his name turns to trash over these aligations ,,, you can kiss all that good will and reviews good bye ...
plus ,, there are hire bike shops everywere ...
The 5 star rating just means the reviews on Google are that- easy to buy that.
Ikr. It's a joke really. Lmao😂
@@peterbrittain1963 if it were half as successful as he says, there's another bike rental biz setting up immediately across the street & another couple within view. How things roll.
@@Ghekko-kw3zz 100% ...video i watched yesterday,,, almost the whole street was bike rental shops .. i think that business has be covered by the locals ... probably why he wants to sell up... flooded market..
The deflection was painfully obvious it’s like watching someone try to bail water from a sinking ship with a teaspoon. Something’s definitely fishy here. And don’t even get me started on the company he keeps still being cool with Regular Guy after that revelation?
That’s a whole parade of red flags right there.
Now, onto the business side. 30 motorbikes for 20 million? Seriously? As a motorcycle enthusiast, I know the market here in the Philippines. If we’re talking about big bikes or high-end models, sure, that’s a different ballgame. But 30 million for standard motorbikes? Come on, man. I’d rather invest in 30 minivans, start a Lazada or Shopee delivery fleet, and actually see a return. This motorbike deal smells like someone trying too hard to sell a bad idea."
@krispuff68: What are you saying about Regular Guy?
@@KutWrite LOL right? I forgot about that guy honestly. Used to watch him in the beginning then I unsubscribed .
@ I did, too, but caught a more recent episode and found he'd honed his humor and video skills. No more "babe-a-roonies," "my peeps," or "Philly Willy" talk.
@@KutWrite that was getting old, and found the content to be very competitive. Plus I think he needed to change because he was walking a fine line with his content that could get him into trouble.
@@kevink1214 He started off being very negative about the Pinas, waiting for service, etc. I re-subbed when his attitude improved. He's actually quite funny.
Derek helps so many people and his girl is almost always with him so I never felt like he was grooming anyone he help. This man also helps other expats and has built a strong reputation with locals to the point they seek him out when they see someone in need. Before you judge this man go look at his body of work.
He still isn't talking... His silence is deafening and not good...
Cal: great interview. I’m surprised that Derek did not take the opportunity to deny categorically that these rumours floating around are not true. Further, he didn’t offer to take legal action against anyone who is guilty of libel, slander and/or defamation. Instead, Derek changed the topic from the “serious allegations” that you brought up in your introductory remarks into talking about selling the business. There are now more questions than answers.
He will do it in his own way and own time. I respect that.
People are always applying Western mentality and laws in SE Asia and other parts of the world. This is bound to be met with failure in many instances. He's going to sue a poor Filipina and get what? Money from her? The Filipinos will most likely take her side and cast him deeply as an evil foreigner. I would defend myself, but suing her sounds like a waste of money and time. Your first point made more sense than your second point (suing).
Calvin,
When people avoid it they tend to be guilty.
From one Vet to another.
I watched these girls talk and well there is a lot of smoke.
God Bless
100% he dodged the questions ..
@@jones4334 You know you are correct.
P diddy did not owe anyone an explanation.
Epstein did not owe anyone an explanation.
Wow you are right.
Never thought of it that way
@@jones4334 when your enemy is making a mistake ,,, dont interrupt them ..
Nobody sells a cash cow. I'm sure the headaches are huge.
A lot of people sell cash cows! You obviously don't own a business.
selling a cash cow ,,, everyone rents bikes there ... why would anyone buy a bike rental joint next to a bike rental joint ???
Always sell a business at the height. That's business 101.
@@jones4334 business 102 if you want honest buyers for your "cash cow" better be 100% honest yourself.
@@skybox-fs6dv been in business many times over many years, they generally sell for 2 years net profit plus inventory & lease takeover. They also generally sell to duly diligent buyers.
good interview Cal.... those interested in the business, I recommend you keep Q's staff.. If the owners can be away and travel for a full month then the staff is apparently competent and trustworthy..
Yo Calvin, good looking out for Q. He needs to address these questions, allegations. I know about such things. Asap He needs to take care of it before it gets out of control and detrimental to his being in the Philippines 😮
As a licensed long time Business Broker the selling price is usually 2-3 times NET profit and includes all the inventory. His thought of selling this business at his asking price is far out of line. I spent 20 years operating many businesses in the PI and when I sold we had 23k full time employees on eight islands. My business brokerage has been in California for 10 years. Salamat, Larry
I do not know anything about a video or allegations. I do know what I have seen the great things Derek has done on his channel and in his business. No shade from Sunshine Shoulders he gives a man an honest interview to get his side out.
Yes, and the guy avoids answering anything.
Q have done some good work with helping people here in Lapu Lapu, I met him personally and in person, I can only say it was good each time.. handle your business Q and push forward brotha.
Great interview my Brother! ✊
Thank you brother
@@calroach1 Always my Brother!!
I have rented scooters from Derek several times. It was always a pleasure meeting with him. I wish both of them success.
Hard to believe a cash cow? I doubt it....
Just buy new scooters and start over instead of buying his old inventory.
And how much does he put into repairing them after they are laid down. All too many think that since they can ride a bicycle that they are capable of riding a scooter.
Hi Calvin! Fine interview. I wondered about "Q." Interesting that you addressed the charges more than he did.
Any chance you can say what brand and model the lady's bag is? I like the way it straps on in two places.
I'll be interested in visiting the resort tour thing he wants to set up in Bohol.
20 million and gross monthly of 500k? Numbers don’t add up. I’ll pass….
That would be 6 million in one year. You're math is bad.
That sounds pretty good to me since it's a 2.5% return per month. There's not much else out there that pays that well and is already set up & running.
@@napoleonmdusa8877 Gross and net are different…. Gross means nothing if expenses are not known.
Yes. Sounds fishy.
He said it's 400K net monthly after expenses and that's because they have staff and they're including their household expenses. You aren't interested you just want to argue 😐
Good job Calvin.
Three legends having a chit chat !!!
Great video Bro.Calvin!
Glad you enjoyed it
Thanks for the video !!!!!!!!!!!!!!!!!!!
we gonna have to get you one of those clip on mics bro ! lol
They don't even sell businesses here in the U.S. at 5 times net income. He didn't even have the numbers in his mind. All the bikes needs to be appraised and inspected and see what's the remaining useful life of the bikes are. Then look at the income and calculations of business income and expenses and make a determination. There are two numbers that are needed. Price out the furniture and equipment (bikes) of the business (all used). Then calculate the net income of the business. The combined total is the price of the business. I don't think it comes close to $20M pesos.
You know how many new scooters you could buy for 10 million. New 110,000 pesos
All you would have are bikes. How will people find you? You don't have a Google rating, no local contacts, no clientele. Just a bunch of bikes.
I have a franchise that makes me 200,000 pesos a month and it only cost me 400,000 pesos for the annual fee and I only have to pay around 100,000 to renew at the end of the year
Initial set up fee is 400,000 at the beginning of the first year..Derek is asking too much guys
@@calroach1 that's so easy to advertise.
Calvin, keep on keeping it real. Hopefully we can hook up with you and Marylyn once I get there next month
Sounds great!
Great interview…I’m sure he’ll be successful where ever he goes but he need to deal with that crap first
Keeping stong man. Wishing them the best of luck. Hard to get away from storys and gossip on youtube people love drama
Have followed derek and Ai for many months .The allegations are serious concerned about his body language and superfluous excuses Needs to defend reject before it becomes a bush fire thats difficult to extinguish.
As for the business just research and qualify but price seems wishful !@
Thanks!
Thank you Paul!
This is a lesson to ALL FOREIGNERS: I WILL NEVER DO ANYTHING TO HELP IMPROVE ANY FILAPINO LIFE WHILE I AM THERE. I WILL NOT HIRE ANYONE TO DO ANYTHING EXCEPT THROUGH A SERVICE. I WILL NOT HAVE ANY LOCAL BUSINESS OR ANY BUSINESS THAT EMPLOYS FILAPINOS TO HELP THEM MAKE MONEY OR TEACH THEM WESTERN WAYS OF MAKING MONEY. I WILL ISOLATE MYSELF FROM ANY RELATIONSHIPS WITH FILAPINOS WHERE I SEEK TO HELP THEM HAVE A BETTER LIFE. THIS IS THE REWARD YOU GET FOR HELPING PEOPLE WHO CANT HANDLE HELP AND BECOME JEALOUS OF THE PERSON THAT HELPS THEM.
You must be a lot of fun at parties. I come from a highly advanced / high trust north-western European country and have been fucked over by friends and businesses too. Basic life rules apply the same all over the world. Keep your eyes and ears open, be skeptical of easy or great sounding deals and stay away from toxic people.
Then stay your behind in your own country. That is so selfish and self-centered it's repulsive.
You copied and pasted this same message multiple times on the accusers page 🙄🙄
@@limtseho3540 think its a Bot,,, same comment on every video /different channels ..
@@peterbrittain1963 agree 👍
If it’s a “cash cow” you can run from “anywhere” 😳, then why would you sell it?🤔🤨
Preying on peoples stupidity is the only offer here.
Ouch!!! 😅
Information seems vague, he says he has an investor, no mention how much invested or how much he owns of the business. 20 million = 339k us, is that correct. Those 30 bikes will need replacing down the road which adds to the cost. For a guy trying to sell a business he doesn't seem sure about the numbers.
That's why I put his contact information in the description.
What are the allegations? He didn't address them, it was just said he had some allegations against him in this video.
Search Q adventures it will be on the top lists.
@BaldPredatorChase I was asking because it says Q Adventures addresses serious allegations, but he didn't address anything in the video.
@@alexbambam1 I think that's called avoiding an uncomfortable subject.
@KutWrite but the point of this video was to address that subject.
@@alexbambam1 click bait my friend. It works for Tim K. I'm sure he's innocent. Him and his girl have been role models for a few years now.
Remember when he spent a lot of time working thru the English consul to get that old abandoned, ill, mentally weakened Englishman back home ? That was very admirable. Where were the old man's English compatriots ?
And wasn't he the guy who repaired that shack over the water for a single mom ? And didn't he advertise some students who lived on the water who were sent a laptop as a result ? This accusation could hurt a good guy and deter him from helping others.
It’s what he does when the cameras stop filming‼️‼️‼️‼️‼️‼️‼️🤬
There is always a reason people get abandoned at the end of their lives. I don’t think the Filipina helping Ken got much at the end of the day much less Q.
@aboveitall9600 i assume you're right, it was a nearly thankless job and that made it admirable.
As a 💯 vet, weirdos
Calvin, can you post a tennis video soon?
CALVIN HOW MUCH IS HE TRYING TO SELL THE MOTOR BIKE BUSINESS. WHAT IS THE ADDRESS BROTHER I WILL GO TO LOOK AT THE MOTORBIKE BUSINESS
$551,466 aud for about 30 used motorbikes 🤣🤣🤣 he is fucking tripping ... those used bikes are worth a quarter of what he paid new, due to the miles and use .. say each bike was $2500 aud new ,,, thats $75 grand ... i dont see any value in this ..
551K dollars? Your math is bad 😂
@@calroach1 20 million PHP is 551,466 australian dollars ,,, google it for your self.
20,000,000 Philippine peso equals
551,466.58 Australian Dollar
@@calroach1 australian dollars ,,, thats what AUD stands for ...
20,000,000 Philippine peso equals
551,466.58 Australian Dollar
@peterbrittain1963 either way you're just yapping you're not going to bust a grape 😄 have a nice day.
You should become a broker for all the motorcycle renters With having a 5 star rating, It would save having to have any Bikes, you could just put you client on to renters and pocket a percentage and sell your current business
How much she will receive from him?
As a business buyer and seller, 2 years net profit for the goodwill (business) plus stock and chattels is a fair price for most owner operator business like this.
Thanks for the perspective.
@@michaelobrien5366 Yeah. That's what I was saying. Good Businesses usually sell for around 1.5 to 2.0 net come. 2.0 is on the high end too.
20 million Pesos for 30 (used) motorbikes? Why can't a person just buy 30 brand new bikes of various CCs (mostly 125 to 150) ,,., let say 100K to 150K each or so and that's about 3 to 4.5 million pesos and find a place and rent them out yourself? You can save 15 million pesos, Am I wrong here?
Why not buy a bunch of ground beef and sell hamburgers and call it McDonald's? The name McDonald's is worth something. All the time and effort to build up the brand means something. Yes you're wrong 😄
@@calroach1 The Q Adventures Rental name might be tarnished now.
From strangers who only want to rent a scooter?
Yes, you are wrong. Business is not that simple.
I think he has an established customer base and that's worth something.
Why dose anybody care what they sell it for. For me it’s not worth but maybe half that. But heck if you want it buy it
Young Cal looking like the next Heavyweight Contender in Boxing. Get that work in Bruh!
I will invest in new location thiugh
I think this is the guy "Regular Guy"
rented from in a video of his
Bought
I went through all those vlogs and comments. It is literally an extortion game. He wants money from Derek. ( because he does not want to work in a call center again)
Sorry about that big bro, that was for someone else I do apologize
Thank you
So I did the math to make a million pesos mothly you would have to make a little over 32k per day and if he is renting the bike for 450 pesos per day he'd have to rent 72 bikes per day....... he said he has 30 bikes, the math ain't mathing
He said 500k monthly and it's doable because he's doing it. Lapu Lapu is a tourist attraction. His motorcycles are always sold out.
@calroach1 I see my math was off Calvin he still needs to be renting out 35 bikes per day, but he has under 30 bikes. It's still not mathing, man.
@donnyj2317 ok. I won't waste another second on this.
Cal got the posture like he gonna smack someone
I'm a lover not a fighter 💪🏾😃
@calroach1 I'm just joking brother but you look very intimidating
I love it. I wonder how talk he is.
😄
First impressions.....Not to be trusted !
Calvin can you look into a murder in Slovenian, Filipina murdered 12/29/24
I couldn't find anything from credible sources. Only Facebook.
take a fool to open a business in the Philippines.
30 bikes divided by 10.million is 333,333 pesos per bike.
Bikes in Philippines new around 140,000 for a honda click.
This price of 20 million smells like sticky dry salted fish.
@@jaycockerille3227if you're near a big city, especially Manila, used cars & bikes often have ludicrously low mileage for their age, 1000 km a year or less. Plus they already have a plate so you're not riding around unregistered for weeks or months "for registration".
@@jaycockerille3227 i have the Honda ADV 160. Love it.
Ok 👍🏾
Didn't he say 100,000 peso profit a month? 1.2 a year? So 20 years to make a profit.
500K gross profit and 400K net monthly.
@@calroach1that’s 900k gross sales eithe4 annually or monthly. But the numbers don’t add up given that he has a maximum of 12 bikes available for sale at any time.
I WILL CONTACT REGULAR GUY I AM FRIENDS DEREK SAID HE WAS SM INVESTOR
I was at Derek’s place when Scottie’s bike was ready for delivery. I touched it😅. Nice golden bars.
Nice people btw
5X Net???
I would make Derek sign something that he could not have another rental company for 5 years. also you would have to change the name.
As far as I've seen, there are only those two saying anything bad about him.
I believe Ai's neices are going to speak out against Derek soon as well.
@chris_89_24 time will tell
Wwll known he takes half the donation for his own
Everyone, just review the video again, take notes on the business comments, Google the peso conversion, use your calculator and then you can comment. Cal,,, i just dont understand the comments from these people that have no money or business experience making judgement. Q has all high end Scooters and Motorcycles. In the philippines, bikes dont depreciate like they do in the US. As commented before, you are not just paying for inventory, you are buying a complete business and if im not mistaken a home attached to the business.
There ya go, have a nice day!
It's called Western thinking. They have no clue.
So buy it then
@Parabola007 i don't need money. I'm retired and watching you armchair commentators wishing you we're here.
Have a nice day,,,, (if you can)
@jones4334 lmao. Been there 7 years. Who you talking too 🤔
I got that the home doesn't go with it. THEY are operating out of the home and deducting expenses.
this criminal is siding with the other criminals
You're saying Cal is a criminal?
How can you know he didnt do anything? I have seen this guy before on some vids and to me he always seemed sketchy. You can never know, that is my point. Its always an uncle or grandfather, right? Nobody expected it and so on. So why make this video? Would you risk your rep on it?
I didn't say I knew anything. I've never seen him with anyone but Ai. Take care.
🤔...
20 Million PHP = About $340,000.💸 USD‼️
😜🤑💰👹🇺🇸
Cyber libel is a criminal offense in the Philippines that involves defamatory statements made through digital means. It's governed by the Revised Penal Code (RPC) and the Cybercrime Prevention Act of 2012 (Republic Act No. 10175).
To qualify as cyber libel, the content must meet the following criteria:
Defamatory: The content must be false or damaging to the reputation of an individual or entity
Published: The statement must be communicated to a third party
Identifiable: The subject of the statement must be identifiable
Malicious: The publication must be made with malice, either expressed or implied
Wow, he is not taking this situation seriously somethings up. Trust and Truth. HONEST. 🤔🫣💯🤫
SORRY, I WOULDNT TOUCH THUS BUSYNESS. DONT KNOWLEDGE OF PROFIT NUNBERS 🫣🤔 pass on this video 👍🌎