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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2019 Best in Class: Best Service Department
Causeway Marine Sales LLCManahawkin, N.J. When Paul and Ted Terzian started their business back in 1984, they were just 21 and 19-years-old respectively. Even though they didn’t have a formal business plan, their informal version was pretty simple. And they say it’s still apropos today. “We entered into business with the idea that we’ll work hard, provide a good product ...
Read More »2019 Best in Class
Boating Industry has recognized eight companies with special “Best in Class” awards, for Top 100 companies that particularly excelled in one area of their business. Below are the Best in Class award recipients for 2019. Best Customer Service — Jerry’s Majestic Marine, Lake Geneva, Wis.Best Service Department — Causeway Marine Sales LLC, Manahawkin, N.J.Best Marketing — Marine Sales Group, Memphis, Tenn.Best ...
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