MarineMax

MarineMax, based in Clearwater, Fla., is the nation’s largest recreational boat retailer and the largest Sea Ray dealer in the world.

MarineMax buys New England dealership

The country’s largest boat and yacht retailer announced today it acquired a venerable New England Sea Ray dealership. MarineMax purchased Bassett Marine LLC’s retail sales and operations in Westbrook, Conn., and Warwick, R.I., and added western Massachusetts to its territory for its Sea Ray product line. The acquisition increases Clearwater, Fla.-based MarineMax’s store locations to…more

MarineMax theater set to open in Tampa

MarineMax is celebrating the grand opening Friday of the MarineMax Experience Theater at the International Plaza in Tampa, Fla. “Take this opportunity to report on this new initiative, including the innovative MarineMax Theater and peruse our three on-site boats, the Sea Ray 190 Sport, the Boston Whaler 170 Super Sport and the Nautique 200 sport,”…more

MarineMax set to open shopping-mall showrooms

MarineMax is opening locations at U.S. malls owned by Taubman Centers to sell boats and raise awareness about boating. A temporary showroom in the lower level of the former Robb & Stucky furniture store at International Plaza in Tampa, Fla., is the first, according to a report by the Tampa Bay Times. “The goal is…more

MarineMax agrees to new floorplan deal

MarineMax announced it extended its existing financing facility with GE Capital’s Commercial Distribution Finance business. The facility provides for up to $150 million of floorplan financing, according to MarineMax. The facility has a three-year term, expiring in June 2015, and has two one-year options to renew, subject to lender approval. Borrowings under the facility are…more

MarineMax reports 3Q results

MarineMax, the nation’s largest recreational boat retailer, today announced results for its third fiscal quarter, citing its most profitable quarter since 2007. Revenue was $151.3 million for the quarter that ended June 30, compared with $153.2 million for the comparable quarter last year, according to the company. Same-store sales increased about 1 percent, compared with…more

MarineMax schedules 3Q results

MarineMax will hold a conference call at 10 a.m. (EDT) July 26 to review its third-quarter fiscal 2012 results. The Clearwater, Fla.-based company will release its results for the quarter prior to the market open on that day. To access the call, visit the investor relations section of the company’s website at http://www.marinemax.com . An…more

MarineMax agrees to floorplan financing deal

MarineMax said today that it extended the terms of its CGI Finance credit facility. The facility provides for as much as $30 million of floorplan financing, in addition to the $150 million inventory financing facility the company has with General Electric. “Our relationship with CGI has gained strength over the last few years,” Michael H.…more

MarineMax adds prop search to website

MarineMax announced the launch of a new interactive tool on its boat parts and accessories website. The Prop Finder allows users to locate the propeller they need for their boat with ease and confidence, the company said. It joins the Engine Parts Search and Boat Cover Selector Tool, which streamline the product identification and purchase…more

MarineMax COO resigns

MarineMax chief operating officer and executive vice president Edward Russell recently resigned. Russell, who has been with MarineMax for 28 years, resigned Monday, according to a filing the company made with the U.S. Securities and Exchange Commission. Russell’s principal duties at the Clearwater-based recreational boat dealer will be assumed by others in the company, the…more

MarineMax location gains Clean Marina designation

MarineMax earned the Maryland Clean Marina award for its Joppa location. “By working with our service department and our customers, we now have all areas of the marina involved in the Clean Marina process,” manager Jennifer Keller said in a statement. “We’ve gotten a lot of support from the Maryland Department of Natural Resources staff,…more

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