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Nautical Ventures sold two properties for $3.9M, cutting annual costs by $800K and boosting savings to $1.6M while keeping all 8 dealerships open.
Nautical Ventures, a Florida marine dealership network owned by Vision Marine Technologies, has streamlined operations by selling two properties for $3.9 million in net proceeds, reinvesting the funds to reduce financing and cut annual operating costs by $800,000.
The move, part of a broader consolidation, is expected to yield $1.6 million in annual savings and supports Vision Marine’s strategy to integrate electric propulsion technology with a scalable retail platform.
All eight dealership locations remain open, serving Florida’s Gulf and Atlantic coasts without disruption to service or brand availability.
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Nautical Ventures vendió dos propiedades por $3.9M, reduciendo los costos anuales en $800K y aumentando los ahorros a $1.6M mientras mantenía abiertos los 8 concesionarios.