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View Full Version : Velocity Powerboat COmpany For Sale



Ratickle
02-08-2012, 01:18 PM
Kind of surprised me.....

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


72760



http://www.loopnet.com/xNet/Mainsite/Listing/Profile/Profile.aspx?LID=17482091&SourceCode=1lir2t003&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
02-08-2012, 02:17 PM
And another one bites the dust .........as the song goes .

C35
02-08-2012, 03:51 PM
velocity has been for sale for at least the last decade

Ratickle
02-09-2012, 11:29 AM
I was just doing some digging.


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

C35
02-09-2012, 04:17 PM
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.