Tag Archives: Boat Dealerships

Dealing with a pandemic and unprecedented demand

By David Gee There are approximately 4,300 recreational boat dealers in the U.S., but the largest 50 of them generate about 30% of the industry’s $12 billion annual revenue, according to Dun & Bradstreet. So let’s call the industry fragmented. Given that starting point, what is it like to run a boat dealership these days? Especially this summer of 2020? ...

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Coronavirus crisis: Dealerships

By Adam Quandt A different world nearly every day, sometimes every hour. The evolving novel coronavirus — more specifically known as COVID-19 — global pandemic has the professional, social and almost every other aspect of everyone’s lives changing rapidly. Business leaders have been particularly challenged to implement and try new models at a rapid pace, while others have been faced ...

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Lake Union Sea Ray acquires Pacific Nautiques

Lake Union Sea Ray has acquired Pacific Nautiques located in Pacific, WA. Founded by Ron Gius and Marc Mortell in 1986, Pacific Nautiques provides the highest quality sales and service of inboard ski, wake board and wake surf boats in the Pacific Northwest. “We are thrilled to add the talented team at Pacific Nautiques to the Lake Union Sea Ray ...

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MRAA names 2018 Great Dealerships to Work For

MRAA logo

The Marine Retailers Association of the Americas named the marine industry’s inaugural Great Dealerships to Work For, recognizing 20 boat dealers at an awards program last month. The 20 dealerships qualified for recognition through the results of the Marine Industry Certified Dealership Program’s annual Employee Satisfaction Survey. This survey, administered anonymously through the MRAA, asks Certified Dealership employees to answer ...

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MarineMax acquires Island Marine Center

MarineMax, Inc. (NYSE:HZO) announced that it has completed the acquisition of substantially all of the assets of Island Marine Center. Island Marine Center is entering its 34th year serving the southern New Jersey boating market. Calendar 2017 revenue approximated $10 million, making Island Marine one of the larger dealers in the market, operating with two locations in Ocean View and ...

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