Wasatch Marine

[JWALK]

Jwalk,

Good luck with the service side of things. Does that mean that you just won't be flooring boats...or that you won't sell any new boats at all?

Where will your boats currently on the lot go?

Tall,
We are currently still the Tige, Regal, and Cruisers warranty dealer. We hope that this continues to be the case well into the future, although I think that Tige is currently out looking for a dealer that is willing and able to floor new boats in our area. Our boats (Tige and Regal) have gone to a local dealer until the flooring company for those two lines find homes for them. We will be the sellers for our Cruisers Yachts at "Factory Liquidation" prices. We will also be handling our normal consignment sales of all sizes. Our service is what has become our most needed aspect of the business and that is what our company will be focusing on for now though.

Thanks to everyone for the support.

[talltigeguy]

I am thinking what a dealer has to be wondering about taking on a new line of boats in the current economy...especially if they are coming from a boat dealer already in the area. I don't envision anyone else doing things better than Jwalk and his crew.

I would be scared to death to take Tige if I thought that Wasatch was having a hard time selling them. Unless I was convinced that Tige was the only bright spot for Wasatch...and the main reason for closing the sales shop was the yacht and other boats could not move. That might be more information than you want to give publicly...but if you do care to give insight into which segment was the last straw on the camel's back...?