Dania Beach, FL -- (SBWIRE) -- 08/26/2014 -- As part of their on-going strategy for growth in the South Florida recreational marine market, Nautical Ventures Group has purchased two land parcels adjacent to its Nautical Ventures Marine Superstore (NVMS) location. The two parcels, known as 70 / 90 South Bryan Road respectively, comprise 1.6 acres of waterfront property and carried a sales price of $1,325,000.
Additionally, $250,000 is being spent to renovate an existing 16.000 sq. ft. building for use as the NVMS service center and storage facility. The remaining property will be resurfaced with eco-friendly, permeable paving in order to accommodate new & used boat inventory and storage racks. Plans also call for a 300 foot expansion of additional in-water dockage and will include a dedicated training site designed to provide captains and crews with lifeboat and evacuation certifications.
“Since the formation of Nautical Ventures Group we’ve been looking for the right business components to make us a single source supplier for the local South Florida marine community,” notes Roger Moore, CEO of Nautical Ventures Group. “This expansion gives us the needed real estate to govern our growth autonomously and allows us to be responsive to key market opportunities when they arise.”
For more information please call Roger Moore at: 954-926-5250.
www.nauticalventures.com
Site plan file available upon request.
About Nautical Ventures Group
Nautical Ventures Group is a consortium of South Florida investors who are passionate about boating and the local marine community. Their goal is to purchase underperforming marine enterprises that are in separate areas of expertise but collectively make-up a single-source supplier for boat/motor/watersport sales, accessories, service and support to the broad South Florida marine marketplace. Operating under the banners of Nautical Ventures Marine Superstore, River Bend Marine Center, QPS Marine, and LukFuel they have infused over $9 million dollars into capital improvements and created close to 50 jobs over the past 12 months. Sales are projected to reach $24 million by the end of 2014.
Media Contact:
Nautical Ventures Marine
Frank Ferraro
50 S. Bryan Rd,Dania Beach Florida 33004
Frank@brainstorms.net
Tel: 954-926-5250