Last weekends big event was the Sarasota Suncoast Boat Show. The 33rd annual show was a record breaker for numbers of exhibitors and number of boats on display. We were no exception with our largest show lineup to date. Read excerpt below from the Herald-Tribune.
"As another indicator of how good the market is right now, consider that one of Southwest Florida’s oldest yacht dealers, Galati Yacht Sales of Anna Maria, last year completed a $3 million expansion.
For the business, the average bill of sale is $500,000 to $1 million.
“That is kind of our meat and potatoes,” said Darren Plymale, vice president and a board member.
Galati happens to be selling the largest yacht at this year’s show, a 130-foot Westport tri-deck motor yacht built in 2011. Brand new, the yacht cost $20.5 million, and today, you can acquire it for a mere $16.9 million.
“That’s the nice thing about our market,” Plymale said. “We’ve got the people here who could walk up to me today and buy it.”
Read Full article here.
Friday night was Show Management’s VIP Yacht-Hop. Cocktails and hors d’oeuvres were enjoyed while a violin player charmed the crowed aboard our New 750 Prestige Motor Yacht.
To see more photos of the event, Click Here.