Archive for » October, 2016 «

Century Boats adds Page Marine Group to dealer network

Century Boats, an American boat company established in 1926 and based in Zephyrhills, Fla., announced that it signed a new dealer agreement with Page Marine Group in Ft. Myers, Fla.

“The boating community along Florida’s southwest coast is an avid group, and it’s important for Century Boats to have a presence there to promote the brand and our evolving product lineup,” said Bryan Lucius, president of Century Boats. “Page Marine Group has a strong local history in Ft. Myers and the surrounding communities. Their service, enthusiasm and skill-sets make an ideal fit with Century’s mission and vision. We’re excited to have them as part of our dealer family.”

Page Marine Group operates from two locations in Ft. Myers, and as an authorized dealer of Century Boats, the company provides customers access to the entire Century Boats model lineup including center consoles, walk-arounds, expresses and the new dual console 24 Resorter. Page Marine Group also provides professional boat repair service and preventative maintenance service options.

“Our customers are familiar with Century Boats and understand that when it comes to high-quality and performance – Century delivers,” said Shawn Henderson, sales manager with Page Marine Group. “When we set out to expand our new-boat sales offerings, Century was the ideal choice because their products satisfy the needs of our fishing and boating enthusiasts here along the southwest coast of Florida. We’re excited to join the Century team, and we’re proud to offer their products to Page Marine Group’s base of loyal customers.”

For more information, visit www.centuryboats.com.


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Fla. investment group buys second North East marina

NORTH EAST — A Florida-based investment group recently bought Shelter Cove Yacht Basin Marina, its second purchase of a Northeast River marina in the last few months.

Galahad Marine Properties, headed up by Dominic Nicosia, purchased Shelter Cove, owned by Woody Jackson, about a month ago. At the end of August, Galahad also purchased McDaniel Yacht Basin, a few miles north of Shelter Cove, and is currently working with former owner Tommy Trainer during a transition period.

Although neither buyer nor seller would reveal the purchase price, records show Shelter Cove was listed with Grasso Realty, a well-known marina sales firm, for an asking price of $6.7 million.

The sale marks a new chapter in the lives of both Jackson and Nicosia, who have established a friendly, mutual respect for one another.

For Nicosia, the purchase brings him and his investors one step closer in the process of acquiring a network of marinas with the goal of delivering top-notch customer service and similar amenities at each property. At the same time, customers will have access to all of the properties under Galahad’s ownership.

The group expects to settle on a third marina purchase in the lower Chesapeake Bay in Virginia around Dec. 3.

“It’s really exciting times for us,” Nicosia said last week.

For Jackson, the sale means he can spend more time with his wife, children and grandchildren. In his spare time, he may begin an internship program for young people interested in marine trades.

But, Jackson wants everyone to know he’s not going anywhere for a while.

Jackson and Nicosia have agreed to work together during a transition period of up to two years to allow Jackson to sell the boat inventory that he has already acquired. Meanwhile, Nicosia will be purchasing new inventory as the existing is sold off.

“He’s already been a tremendous help,” Nicosia said of Jackson.

After 45 years in the marine business, Jackson said his customers and his associates are very important to him, which is another reason he’s staying around for a while.

“I really feel good about the sale,” he added. “It was time.”

Neither of Woody and Cheryl Jackson’s two sons, David and Mark, are interested in taking over the marina and boat sales.

“They each have their own careers,” Jackson said.

Once the decision was made, Jackson said he never looked back.

Nicosia, on the other hand, was looking to start a new business.

“Interest rates are low and gas prices are stable, it’s the right time to do this,” he said. “We looked at about 200 properties before settling here.”

Nicosia noted that negotiations on each of the two recent purchases took about one year to complete.

The new owner will keep the staff and names of Shelter Cove and Jackson Marine Sales for marketing purposes — with one small addition of a Galahad logo to the signage. That’s similar to what they did with signs at McDaniel Yacht Basin.

In the four weeks since the second purchase, both men agreed that transitioning the staffs from both marinas has been a bit challenging.

“We’ve been competitors for years,” Jackson said of the neighboring McDaniel Yacht Basin. “Now, we’re teaching the staff a ‘we’ mentality, not the ‘we’ versus ‘them’ mentality.”

Nicosia said they’ve started referring to McDaniel as the North Dock and to Shelter Cove as the South Dock.

“We have weekly staff meeting that rotate between the two locations,” Nicosia said.

Jackson said he thinks the transition has gone incredibly smooth so far, attributing some of the ease to the fact that the old and new owners share a similar philosophy about customer service and work.

Nicosia promised a few changes, but they will be well thought out in advance, he said.

Between the two marinas now under Galahad ownership and management, there are about 380 existing slips, lots of boats storage, ship’s stores and repair and sales offices.

“We probably have about 25 to 30 full-time employees at the two locations,” Nicosia said.

Jackson, who started in the boat business in Lancaster, Pa., with his father, purchased Shelter Cove Yacht Basin and Marina in 1976.

Over the years, he has made a lot of memories in North East and Cecil County during his time as a business owner in the community — some bad and some good.

Jackson recalled exciting times like when Jackson Marine Sales was named the No. 1 dealer of Chris Craft boats in the world in 1989. Jackson has that moment memorialized in a photograph taken at the awards banquet with himself surrounded by celebrities like attorney F. Lee Bailey, TV personality Ed McMahon and Alexander Haig, former Secretary of State under President Ronald Reagan.

But there’s also been a few times he’d like to forget, such as the large fire that swept through one of the buildings on the marina property in 1989 and did an estimated $1.5 million in damage, including burning several boats.

And then there’s the time Hurricane Isabel dropped waist-deep water all over the property in 2003. Jackson has worked through periods of extremely high gas prices and high interest rates as well.

“Through the years, I’ve learned that Americans really do cherish their leisure time,” Jackson said, noting they find a way to carve out time for it.

Nicosia is looking forward to the future in the marine business.

“I see it on a steady growth pattern,” he said.


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Marine business to open in new Beltline Road location

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Newport International Boat Show Reports Increased Attendance and …

Newport International Boat Show Reports Increased Attendance and Strong Sales


Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today that its 2016 Show was a tremendous success. Attendance was up over last year, and as in the past, Thursday and Friday brought in a significant number of serious buyers.

“Every year we try to raise the bar in terms of the attendee experience and value for the exhibitors and sponsors, and this year was no exception,” said Nancy Piffard, show director, Newport Exhibition Group. “The 2016 Newport International Boat Show was one of our most successful shows to date. The sun was shining every day, the dock space we added to accommodate in-water demand was sold out, and we had a 10% year over year growth in attendance. Thank you to all of the exhibitors, sponsors and attendees that made the 2016 show a huge hit.”

On day two of this year’s show, exhibitor Boston Yacht Sales posted on its Facebook page “Is it a grand slam? A home run? What’s five in a row? Congrats to our broker Scott Lucas who sold three boats yesterday at the Newport International Boat Show and now he sold 2 more – a preowned Sabre 42SE and a new Sabre Yachts 45. A total of five boats at the show is … aside from fabulous and exciting … unprecedented! Is there a term for 5 in a row?”

Showgoers were able to view an exceptional assortment of power and sail boats as well as an across-the-board range of boating equipment, services and boating life-style accessories. The show also offered informative seminars, hands-on training courses and its popular Newport For New Products awards program, which included the U.S. debut of dozens of new boats and boating products for 2017.

A highlight of the show’s Newport For New Products awards was the Hunt 72, which was awarded Best New Powerboat Over 35 Feet and Best Powerboat in Show. When selecting the Hunt 72, judge’s comments included, “It is impressive to see a boat this size that can be operated by the owner. This boat has over 80,000 man-hours built in it and every hour was well spent. There is not one detail that hasn’t been addressed. Fit and finish are immaculate. The builder and owner were able to work together to build a spectacular boat. I’m not trying to sound cliché … but this is a timeless design.”

The Newport International Boat Show opened on Thursday, September 15th and continued through Sunday, September 18th, 2016 along the Newport Waterfront on America’s Cup Avenue in Newport, Rhode Island. One of the largest in-water boat shows in the country, this year’s event brought over 600 exhibitors from around the world with an exceptional assortment of boats of every type and style from 15 to 90 feet, and a wide variety of accessories, equipment, electronics, gear and services for boaters. For more information on the Newport International Boat Show, please visit www.newportboatshow.com.

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Real estate news: Branching out, boat tours, $1B milestone

Development firm adds commercial brokerage services

GMC Real Estate, a Wilmington real estate development firm in business since 1978, recently expanded its services to include commercial real estate brokerage activities, a news release said.

According to the release, the firm will provide professional representation to buyers and sellers and lessors and lessees of commercial real estate. GMC will continue to offer appraisal, consulting, and development services, including property tax valuation appeal.

GMC is led by Gene Merritt, a developer and historic preservationist who has been directly involved in more than 125 development projects in Wilmington, the release said.

“I’ve been doing primarily real estate development and appraisal for many years. I used to be a commercial broker many years ago, but I’ve just decided to go back into the business,” Merritt said.

As a result of the expanded services, Lee Hill, CCIM, has joined the firm as a commercial broker.

Merritt said Hill, formerly of Network Real Estate, is a proven producer with many years of experience in the Wilmington market.

The primary service area for the firm’s commercial brokerage services will be New Hanover, Pender and Brunswick counties.

MarineMax offers free service to Realtors

MarineMax Wrightsville Beach is offering a new free service to area Realtors: waterfront property views and visits for potential homebuyers by luxury boat.

“We’ve sold many boats to clients who came down to the beach to buy a house, but bought a boat first … and then went house hunting aboard their new watercraft,” said Thom Cross, general manager of MarineMax Wrightsville Beach, in a news release.

Cross said the collaboration could lead to greater success for both MarineMax, a boat sales and service business, and real estate agents.  

“We are going to offer this service at no charge to Realtors, giving them the opportunity to show three or four houses on Bald Head Island, Figure Eight or up the ICW [Intracoastal Waterway] in a half day. Cruising aboard one of our premium brand vessels can really make an impact on a home buyer. They can not only see the homes they may be interested in, but fully experience the lifestyle that waterfront living and a boat can offer,” Cross said in the release.

Real estate brokers interested in more details and qualifications for arranging a house showing by water can contact MarineMax Wrightsville Beach at 256-8100.

Real estate firm reaches $1 billion in home sales

Wilkinson ERA Real Estate has reached $1 billion in home sales, according to a news release from Fred Gainey, Wilmington Realtor and broker in charge.

“As of Oct. 4, our team of sales professionals closed 4,296 real estate transactions representing a 17 percent increase over sales in 2015,” Gainey said in the release.

Wilkinson ERA Real Estate has 13 locations throughout North Carolina and South Carolina.


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Real estate news: Branching out, boat tours, $1B milestone

Development firm adds commercial brokerage services

GMC Real Estate, a Wilmington real estate development firm in business since 1978, recently expanded its services to include commercial real estate brokerage activities, a news release said.

According to the release, the firm will provide professional representation to buyers and sellers and lessors and lessees of commercial real estate. GMC will continue to offer appraisal, consulting, and development services, including property tax valuation appeal.

GMC is led by Gene Merritt, a developer and historic preservationist who has been directly involved in more than 125 development projects in Wilmington, the release said.

“I’ve been doing primarily real estate development and appraisal for many years. I used to be a commercial broker many years ago, but I’ve just decided to go back into the business,” Merritt said.

As a result of the expanded services, Lee Hill, CCIM, has joined the firm as a commercial broker.

Merritt said Hill, formerly of Network Real Estate, is a proven producer with many years of experience in the Wilmington market.

The primary service area for the firm’s commercial brokerage services will be New Hanover, Pender and Brunswick counties.

MarineMax offers free service to Realtors

MarineMax Wrightsville Beach is offering a new free service to area Realtors: waterfront property views and visits for potential homebuyers by luxury boat.

“We’ve sold many boats to clients who came down to the beach to buy a house, but bought a boat first … and then went house hunting aboard their new watercraft,” said Thom Cross, general manager of MarineMax Wrightsville Beach, in a news release.

Cross said the collaboration could lead to greater success for both MarineMax, a boat sales and service business, and real estate agents.  

“We are going to offer this service at no charge to Realtors, giving them the opportunity to show three or four houses on Bald Head Island, Figure Eight or up the ICW [Intracoastal Waterway] in a half day. Cruising aboard one of our premium brand vessels can really make an impact on a home buyer. They can not only see the homes they may be interested in, but fully experience the lifestyle that waterfront living and a boat can offer,” Cross said in the release.

Real estate brokers interested in more details and qualifications for arranging a house showing by water can contact MarineMax Wrightsville Beach at 256-8100.

Real estate firm reaches $1 billion in home sales

Wilkinson ERA Real Estate has reached $1 billion in home sales, according to a news release from Fred Gainey, Wilmington Realtor and broker in charge.

“As of Oct. 4, our team of sales professionals closed 4,296 real estate transactions representing a 17 percent increase over sales in 2015,” Gainey said in the release.

Wilkinson ERA Real Estate has 13 locations throughout North Carolina and South Carolina.


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Brunswick: Revenue growth strong, but below expectations

Posted on October 28th, 2016 Written by Reagan Haynes

Brunswick saw higher third-quarter sales volume in boats with lower average selling prices  such as this 19-foot Sea Ray SPX outboard  than some of the larger fiberglass sterndrive products.

Brunswick saw higher third-quarter sales volume in boats with lower average selling prices — such as this 19-foot Sea Ray SPX outboard — than some of the larger fiberglass sterndrive products.

Brunswick Corp. had revenue of $1.09 billion in the third quarter, missing expectations by about $20 million, due in part to integrating an acquisition on the fitness side of the business, and also due in part to slower international sales of engines.

Investors overreacted to the news, according to industry analysts, as the company’s stock dropped 7 percent Thursday, closing at $43.15 a share. The overreaction was a result of declines in vehicles such as motorcycles and off-road vehicles — something from which the boating industry has been largely insulated.

“Our overall revenue growth was strong, but was lower than our expectations,” Brunswick CEO Mark Schwabero said. “This was mostly due to the fitness segment, where sales of Cybex products have been unfavorably affected by some changes in distribution and decreasing demand for certain products. In addition, in the U.S., sales of certain fitness channels were weak, including retail, as well as local and federal governments. The marine businesses also experienced weaker demand in certain international markets.”

Wholesale shipments were outpacing retail sales, a typical dynamic after strong sales in the first half of the year meant dealers were restocking inventory for the upcoming boat show season, Schwabero said.

“I would say if you look at how 2016 has unfolded, we saw very good growth in Q1, some decent growth in Q2 and then in the back half of the year, it’s starting to moderate,” Schwabero told investors and analysts during a conference call Thursday.

“Some of that is a result of what’s happening with pipeline restocking efforts. A lot of what’s going on there is that lower [average selling price] levels in places where we’ve got a lot of unit volume, but … it’s not necessarily our highest ASP product.”

“We still consider it to be a very good quarter in line with exactly what we said we were going to do,” he said.

Sales in Europe rose 15 percent and flattened in Canada, edging up 1 percent. Boat sales in Europe increased 13 percent on a constant currency basis, and engine sales were up 7 percent. However, sharp declines in Brazil, the Middle East and Africa took a toll on the bottom line, said CFO Bill Metzger.

Latin America was down 21 percent, and Africa and the Middle East were off 26 percent.

“A lot of times… when you look at a market and say, well, sheesh, it’s only 2 percent of your sales,” Metzger said. “I’m doing this in broad numbers, but when 2 percent of your sales have an area down 25 percent, it’s a half a point. And if you look at another area that’s down 20 percent, and it’s 4 percent [of sales], well, you have another half of a point. So pretty soon, with some small markets on a global basis, you can get to 1.5 points of total growth pretty quickly.”

“The stock is overreacting badly,” said Jimmy Baker, a senior analyst with B. Riley. “Investors are very concerned boat sales will decline, like we’ve seen in motorcycles and off-road vehicles.”

Boating is somewhat insulated from factors that have sparked declines in those industries, and Brunswick did not miss expectations by much, Baker said. Though the company took margin expectations down slightly, margins are still growing.

“The company actually raised its 2016 earnings expectations — though on slightly lower sales, due to fitness,” Baker said. “The company indicated it remains on target for its 2018 plan, which seems very achievable to us.”

The company raised expectations slightly, with the bottom end of projections edging up from $3.45 to $3.50 a share. “If you go back to a year ago, we told you we were going to be at $3.35 to $3.50,” Schwabero said.

The boat segment’s third-quarter operating earnings increased 6 percent, compared with the prior year, Metzger said on the call. Operating margins were 2.2 percent, which reflects a 20-basis-point decrease from last year’s third quarter.

“Operating performance in the quarter benefited from higher sales,” Metzger said. “However, the impact of lower sales of large fiberglass sterndrive inboard boats and increased revenue- and profit-enhancing investments mostly offset this benefit for the nine months. Operating margins were 4.5 percent, 80 basis points higher when compared to prior-year results.”

Wells Fargo senior analyst Tim Conder agreed that the markets had overreacted.

“Investors appear incrementally concerned about wholesale above retail [in the second half of the year], with fear of the economic cycle ending,” Conder wrote in a report following the call.

Investors also were concerned about global industry retail tracking below a 3 to 5 percent unit outlook, and reduced revenue and boat margin guidance.

“Reality: Marine wholesale is still catching up to retail, with favorable mix and higher ASPs driving revenue,” Conder said.

Conder also emphasized that wholesale versus retail trends were not a problem.

“We believe investors’ primary concern is higher marine wholesale shipments versus retail and worries related to the economic cycle,” he said. “We would note that wholesale is still playing catch-up year to date,” as U.S. wholesale is up 5 percent, versus retail being up 9 percent, and global wholesale is up 5 percent versus being up 4 percent at the retail level.


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Real Estate News: Branching Out, Boat Tours, $1B Milestone

Development firm adds commercial brokerage services

GMC Real Estate, a Wilmington real estate development firm in business since 1978, recently expanded its services to include commercial real estate brokerage activities, a news release said.

According to the release, the firm will provide professional representation to buyers and sellers and lessors and lessees of commercial real estate. GMC will continue to offer appraisal, consulting, and development services, including property tax valuation appeal.

GMC is led by Gene Merritt, a developer and historic preservationist who has been directly involved in more than 125 development projects in Wilmington, the release said.

“I’ve been doing primarily real estate development and appraisal for many years. I used to be a commercial broker many years ago, but I’ve just decided to go back into the business,” Merritt said.

As a result of the expanded services, Lee Hill, CCIM, has joined the firm as a commercial broker.

Merritt said Hill, formerly of Network Real Estate, is a proven producer with many years of experience in the Wilmington market.

The primary service area for the firm’s commercial brokerage services will be New Hanover, Pender, and Brunswick counties.

MarineMax offers free service to Realtors

MarineMax Wrightsville Beach is offering a new free service to area Realtors: waterfront property views and visits for potential homebuyers by luxury boat.

“We’ve sold many boats to clients who came down to the beach to buy a house, but bought a boat first … and then went house hunting aboard their new watercraft,” said Thom Cross, general manager of MarineMax Wrightsville Beach, in a news release.

Cross said the collaboration could lead to greater success for both MarineMax, a boat sales and service business, and real estate agents.  

“We are going to offer this service at no charge to Realtors, giving them the opportunity to show three or four houses on Bald Head Island, Figure Eight or up the ICW [Intracoastal Waterway] in a half day. Cruising aboard one of our premium brand vessels can really make an impact on a home buyer. They can not only see the homes they may be interested in, but fully experience the lifestyle that waterfront living and a boat can offer,” Cross said in the release.

Real estate brokers interested in more details and qualifications for arranging a house showing by water can contact MarineMax Wrightsville Beach at 256-8100.

Real estate firm reaches $1 billion in home sales

Wilkinson ERA Real Estate has reached $1 billion in home sales, according to a news release from Fred Gainey, Wilmington Realtor and broker in charge.

“As of Oct. 4, our team of sales professionals closed 4,296 real estate transactions representing a 17 percent increase over sales in 2015,” Gainey said in the release.

Wilkinson ERA Real Estate has 13 locations throughout North Carolina and South Carolina.


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Sales up 10 percent at Brunswick for quarter | Boating Industry

Brunswick Corp. reported a 10 percent increase in net sales for the third quarter, with strength across all segments.

Sales were up 13 percent for the company’s boat segment. The engine segment posted a 6 percent gain with growth in parts and accessories and outboards offsetting declines in sterndrive sales.

The U.S. marine market — with 93 percent of the season completed — has been strong this year, Brunswick Chairman and CEO Mark Schwabero said during a call discussing the earnings Thursday.

Brunswick is “outpacing the market growth rates in U.S. and Europe,” he said. “Canada continues to show weakness and dealers are managing inventories very conservatively.”

Demand remains strong in Asia Pacific, Schwabero said, but Latin America, Africa and Middle East remain difficult markets.

For the third quarter of 2016, the company reported net sales of $1,093.0 million, up from $991.9 million a year earlier. For the quarter, the company reported operating earnings of $122.5 million, which included $2.4 million of restructuring and integration charges related to recent fitness acquisitions. This compares with operating earnings of $115.8 million in the third quarter of 2015. For the third quarter of 2016, Brunswick reported net earnings of $85.3 million, or $0.93 per diluted share, compared with net earnings of $72.2 million, or $0.77 per diluted share, for the third quarter of 2015.

“Our reported third quarter net sales increased by 10 percent,” said Brunswick chairman and CEO Mark Schwabero. “Our top line reflected the benefits of our acquisition strategy, particularly in our Fitness segment, and strong growth rates in all three of our primary boat categories, as well as marine parts and accessories. This growth included another solid performance in outboard engines.

“The U.S. marine market continues to exhibit solid fundamentals and growth, which are supported by stable boating participation, favorable replacement cycle dynamics and innovative products being introduced throughout the marketplace. Overall, international marine markets have been challenging, including weak demand in certain markets such as Latin America, the Middle East and Africa and Canada. Our product successes in both our engine and boat segments have enabled continued market share gains and mix benefits.”

The Marine Engine segment, consisting of the Mercury Marine Group, which includes the marine parts and accessories businesses, reported net sales of $625.7 million in the third quarter of 2016, up 6 percent from $588.2 million in the third quarter of 2015.

International sales, which represented 31 percent of total segment sales in the quarter, were up 1 percent compared to the prior year period. On a constant currency basis, international sales were consistent with the prior year. For the quarter, the Marine Engine segment reported operating earnings of $109.5 million. This compares with operating earnings of $102.5 million in the third quarter of 2015.

Sales increases in the quarter were led by Mercury’s parts and accessories businesses and the outboard engine business, partially offset by declines in the sterndrive engine business. Higher revenues and cost reductions contributed to the increase in operating earnings in the third quarter of 2016. Partially offsetting these positive factors were the unfavorable impacts from foreign exchange and planned increases in growth investments.

The boat segment reported net sales of $307.0 million for the third quarter of 2016, an increase of 13 percent compared with $271.3 million in the third quarter of 2015. International sales, which represented 21 percent of total segment sales in the quarter, increased by 11 percent compared to the prior year period. On a constant currency basis, international sales were up 10 percent. For the third quarter of 2016, the boat segment reported operating earnings of $6.8 million. This compares with operating earnings of $6.4 million in the third quarter of 2015.

See the full earnings report here.


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Reading the American Market with Galati Yacht Sales

A Positive Year
The U.S. brokerage firm is bringing its largest inventory ever to the docks of the Fort Lauderdale International Boat Show, and after delivering over four yachts over 100ft in the second quarter with 1 sale over 200’, the positivity of the American market is already apparent in the face of imminent change.

“That momentum was able to carry us through to the summer, again loading the cannons and gaining quality listings supports our show efforts with getting back out to the market,” explains Plymale.

“It’s our largest display of product we’ve ever had in the show and when you look at it, we’re displaying over 100 million dollars in listings in a time where the pre-owned market is as competitive as ever in 8 years. Simply because the available listings are shrinking.”

With shows like Fort Lauderdale presenting a platform for hundreds of yachts spread across over three million square feet, Galati Yacht Sales looks at just more than an opportunity to show people on the docks on board.

The Indicators
“We call Ft Lauderdale and Miami the World Series and the Superbowl,” adds Plymale. “It’s just a matter of timing, it could be the economy, it could be consumer confidence, it could be the stock market.”

“When you take a look at it, our stock market is hovering over 18, our consumer confidence is over 100 and our fuel costs are still way down as we’re looking at around 45 dollars a barrel.”

“Our interest rates are still extremely aggressive; we have so many positive factors although we have one of the craziest elections going on. I think people are looking past that and making their decisions regardless and saying ‘We have worked very hard over the last few years and looking to go have fun with our family and friends.”

“That’s what we start looking at for headwind and the signs now are very positive. There’s a lot of wind in the sails, those indicators are all pointing at positive trends.”

With a team of professionals boiling down the key factors, a view on gaining high quality listings and then attaching key market predictions to marketing and sales, Galati Yacht Sales is riding a wave of positivity which will take them past the uncertainty of the U.S. elections.

We’ll be on the docks of the Fort Lauderdale International Boat Show with the goal of delivering filmed interviews with experts like Darren Plymale and capturing an in-depth take on the American Market as it stands in the face of the U.S. elections and beyond.


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