OneWater Marine Inc. announced that it has entered into a definitive agreement to acquire a majority interest, in Quality Boats. The transaction will expand the company’s presence on the west coast of Florida and enhances new and pre-owned boat sales and parts and services offerings. For the full calendar year 2021, Quality Boats is expected to generate approximately $140 million ...Read More »
Tag Archives: Quality Boats
2020 Dealer of the Year: Quality Boats of Tampa Bay
When we told Dan and David Bair, the second-generation owners and operators of Quality Boats of Tampa, they won the Top 100 Dealer of the Year Award for the second year in a row, our most immediate question was how does it feel? “It feels just as exciting the second time as the first,” saidDan enthusiastically. Enthusiasm is something that ...Read More »
Boating Industry names 2020 Top 100 Dealers
Boating Industry announced its 2020 Top 100 dealers during an unprecedented virtual celebration on Nov. 17, 2020. “In our 16th year of recognizing the Top 100, things are certainly different, but one thing remains the same, the dealers on the Top 100 list just keep getting better,” said Top 100 program director Adam Quandt. “Most importantly every dealer on this year's ...Read More »
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? ...Read More »
Did you see that article in The New York Times?
By David Gee The good news is The New York Times recently ran a glowing article called The Boat Business Is Booming. You might have seen it. They interviewed dealers (including Quality Boats; Boating Industry 2019 Top 100 Dealer of the Year) who report sales are up in every category, highlighting the fact many boats are going to first-time buyers. ...Read More »
2019 Top 100 Dealer of the Year: Quality Boats of Clearwater, Inc.
“Our mission is to make our customer’s boating experiences magnificent and memorable.” Now, how about some metrics to go with that mission? There was a 33.17% increase in total revenue from 2017 to 2018, they have attained double digit revenue percentage growth in 15 of the 25 last years, they earn an annual dealer CSI averaging higher than 95%, the ...Read More »
Boating Industry names 2019 Top 100 Dealers
Boating Industry announced its 2019 Top 100 dealers at a black tie gala on Nov. 24 in Orlando. “From the thousands of dealers in North America — and hundreds of nominations — these 100 dealers are the best of the best,” said Top 100 Program Director Jonathan Sweet. “This is the 15th year of recognizing the Top 100 and the ...Read More »