Boat dealers sell new or used boats, or both, in combination with other activities, such as repair services. They may also sell new or used boat engines, trailers, marine supplies, and parts and accessories. A single dealer may sell several brands of boats and boats of different sizes and types. ranging from personal watercraft to large yachts.
The dealership will offer the brands at several of its locations, including Boston, Baltimore, Jacksonville and Charleston.
The company had a 39 percent increase in revenue and closed on three of its largest acquisitions to date.
Coming off a record fourth quarter, the company reported a $107 million increase in revenue for its first quarter.
Derecktor takes delivery of a 1,500-ton-capacity mobile lift, as construction of its Fort Pierce, Fla., facility continues.
The yacht dealer has unveiled a virtual shopping tool that will help match customers with vessels as most boat shows are cancelled or moved online in the pandemic.
The company attributed its strong quarterly growth to its digital presence and record demand.
The company — which saw a 29.8 percent revenue increase in its fiscal Q4 — also announced it will acquire Tom George Yacht Group.
Significant restrictions created by the Covid-19 pandemic and Hurricane Dorian had made it a more prohibitive destination until this month.
The yacht retailer saw its highest revenue and earnings in the company’s history.
The Bahia Mar location will focus on brokerage yacht sales.
The publication named the top marine businesses in terms of employees and revenue.
CEO Brett McGill said the acquisition “adds greatly to our geographic reach in the Great Lakes and the West Coast.”
Denison Yachting is shipping VR headsets to clients so they can tour boats safely during the pandemic.
The company is launching a multi-phased rollout of an online marketplace for new and pre-owned boat sales.
Jeff Husby will head up WaterSports Central’s six locations in Georgia and South Carolina.
The company, reporting its Q3 results, believes strong demand for boats, fueled by the pandemic, will continue into 2021.
A surge in new boat demand has pressured inventory at dealerships across the country.
The company will look to increase its “marina strategy” and high-margin businesses.
Private Insurance Services is an affiliate and part of the recent Northrop & Johnson acquisition.
The move creates the “world’s largest superyacht services organization.”
SkipperBud’s expands Illinois location, closes on Michigan location.
Irish archaeologists say that the boat may date as far back as 2,000 B.C.