Recreational Boating Dealership with Enviable Location, Exclusive Manufacturer Agreements

- Multi-brand marine dealer of new and pre-owned outboard aluminum and fiberglass boats
- Products:
- Pontoons, bay boats, fishing boats, bass boats, duck boats, center console boats
- Spare parts and outboard motors
- Services:
- Installations, repairs, maintenance
- Customer base:
- Government and law enforcement
- Individuals, families and retirees
- Market positioning: middle-and-high-income customers
- High-margin product
Future Story
- Global recreational boating market surpassed $35 billion, projected to register 6.5% CAGR from 2021�2027
- Nearby recreational boating infrastructure to be inaugurated in 2022, set to increase demand
- Expansion into adjacent recreational markets such as power boats, jet skis and RVs
Sustainability
- Region with intense boating activity
- Little to no customer concentration
Defensibility
- Exclusive territorial agreements with 11 out of 21 manufacturers
- Strong relationships with financers for floor plan inventory and customer sales
- Strong manufacturer relationships lead to volume discounts and rebates for bulk- inventory purchases