Velocity Powerboat COmpany For Sale

[Ratickle]

Kind of surprised me.....

VELOCITY Powerboat Business, Land & Building
650 Hickman Circle, Sanford, FL 32771






http://www.loopnet.com/xNet/Mainsit...003&Linkcode=17830&sourcecode=2bjw2c081A00001


Price:$3,000,000
Building Size:14,990
SFPrice/SF:$200.13
Property Type:Industrial
Property Sub-type:Manufacturing
Additional Sub-types:Warehouse
Commercial/ Other (land)
MarinaProperty Use Type:Investment

 

[Offshore Ginger]

And another one bites the dust .........as the song goes .

 

[C35]

velocity has been for sale for at least the last decade

 

[Ratickle]

I was just doing some digging.


In January of 2008 it was for sale at $5 million....

 

[C35]

by 2018 it might be listed fro what its worth. whats the most modern design they have? the 41? that's over 10 yrs old. its hard to let a brand deteriorate and let technology pass you by and then try to sell at the bottom of a recession in a market that is likely going to recover much more slowly than most others.