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flag 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.

flag 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. flag 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. flag All eight dealership locations remain open, serving Florida’s Gulf and Atlantic coasts without disruption to service or brand availability.

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