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Former owners reopen Stuart Yacht - Trade Only Today

Former owners reopen Stuart Yacht

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Gregg and Nancy Burdick have ended three years of retirement to reopen Stuart Yacht, a Florida boatyard that operated exclusively as a commissioning and service center for Riviera Yachts during the last three years.

As a result of the downturn in the economy, new boat sales have weakened, and as Riviera restructures, the builder is downsizing in the Americas, according to the Burdicks. Riviera will maintain an office at Stuart Yacht and will continue to service Riviera owners.

The Burdicks say they are happy to welcome back former and new customers with the reopening of Stuart Yacht.

"I'm afraid the boat business is a bit of an addiction, and while we were enjoying retirement, we did miss it," Gregg Burdick said in a statement.

While the market for new boats remains flat, the Burdicks expect the economy to stabilize within the next several months. When that happens, more people will return to the pleasure of boating, they predict. Meanwhile, they say there is still service work for those who never left the sport.

"Hardcore boating enthusiasts are still out on the water enjoying their boats," the Burdicks said. "These are experienced boat owners, the sort of folks that have always been our core customers."

Those customers will be serviced by "a great team of craftsmen and service professionals, many of them Stuart Yacht alumni," the Burdicks said.

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