This is great news! After a long period of no activity, the family finally decided to put the business up for sale. I remember seeing an ad or two for it and thinking "wow, that is a cool opportunity!" I'm really glad to hear that there was someone that decided to go for it and that there are plans to take Fox Grip into the 21st century with offerings on eBay and with an eventual website. All good things, I'd say!
Like others here and elsewhere, I dealt with Fox Grip back when George himself was still around. They were the source for reproductions of the white torpedo grip (I'm not sure how to describe it) used on the Doodle Bug scooter. In fact, the last time I saw them, George suggested stocking up and hinted that he probably wouldn't be at it much longer, so I bought several sets of grips and stashed them away for a rainy day. Hopefully that particular mold was included in what you purchased and you'll continue to make it available.
Mike, I don't know what your advertising and marketing budget is or if you've got any interest in running ads, but I wanted to point out that there has been discussion of Fox Grip on the Antique Motorcycle Club of America site (along the lines of "what ever happened to...") among other places. It might be worth the investment to run an ad in their magazine announcing that Fox Grip is back under new ownership. For that matter, I'd run one in the Vintage Motorbike Club magazine, too. As far as I'm concerned, this is major news for the hobby, so perhaps those organizations will pick it up as a news item and write about it in the publications at no cost to you.
Congratulations on your purchase and all the best as you get the business re-established.