garcia sailing yacht for sale

GARCIA EXPLORATION 45 similar search results:

S/Y CUSTOM MADE MARC LOMBARDI CIGALE 18

KOOPMANS 54

The GARCIA EXPLORATION 45 shown below has been sold:

Garcia exploration 45.

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• De Valk Hindeloopen The Netherlands
• +31 514 52 40 00
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Garcia Exploration 45, an aluminium center-boarder designed and equipped to sail all the seas of the world safely and in comfort, whether high-latitude or tropical. The control and handling in rough seas are simply exceptional.The deck saloon offers unexpected panoramic views enabling you to navigate and steer the yacht from inside. The current first owner has spared no expense in maintaining the yacht and she is therefore in top technical condition with, among other things, “up-to-date navigation”. This Garcia Exploration 45 is ready for departure, taking on any adventure with the new owner!

General - GARCIA EXPLORATION 45

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Garcia Yachts for Sale

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7 New and Used Garcia

Garcia Exploration 45 New Order

United Kingdom

OFFERED BY:

Williams and Smithells New Boats

A boat designed to sail and live aboard both in high latitudes and tropical waters This boat can be built to order for delivery. The Exploration 45 is offered in three layouts: The Standard V...

Garcia Exploration 60

This boat can be built to order for delivery. In response to our clients who, having experienced the Exploration 52, see themselves onboard a larger yacht, Garcia Yachts has once again worked w...

Garcia imoca 60

Split (Croatia)

BERNARD GALLAY Yacht Brokerage

CDK Technologies IMOCA 60 - AUSTRIA ONEhas participated in the Vendee Globewith the skipper Norbert Sedlacek and arrived at 11 th from 30 started boats. There was a major refit in 2011/2012 com...

Bretagne, 53 (France)

A Berret-Racoupeau design, FANI is a Garcia 85 aluminum sloop with a lifting keel. She is exceptionally well built and maintained, as proven by her round the world tour. She had a major refit i...

Garcia Exploration 52

This boat can be built to order for delivery. The Exploration 52 is offered in two layouts: The Standard Version comprises of a spacious forward master cabin with a private bathroom and separa...

Garcia Explocat 52

This boat can be built to order for delivery. Developed in close cooperation between the naval architect Pierre Delion and Garcia Yachts, the Explocat 52 is a seaworthy, safe and comfortable bo...

Garcia GY 63 - Aluminium Centreboard

$1,399,548 *

Bretagne (France)

Garcia 63 MARY BLUE III Built in aluminium and designed by the famous Berret-Racoupeau architects, MARY BLUE III has been developed for real world-wide navigation as a fast and safe sailing ya...

* Price displayed is based on today's currency conversion rate of the listed sales price.

GARCIA BY MODEL

• Garcia 85 1
• Garcia Explocat 52 1
• Garcia Exploration 45 new order 1
• Garcia Exploration 52 1
• Garcia Exploration 60 1
• Garcia Gy 63 - aluminium centreboard 1
• Garcia Imoca 60 1

GARCIA BY COUNTRY

Garcia by category.

• Garcia Sailing Yachts 4

• Boats for Sale

New and used Garcia boats for sale

• Garcia 47 Passoa
• Garcia 60 Imoca
• Garcia GY 63 Aluminium Centreboard
• Garcia Maracuja 42

Search for a Garcia on TheYachtMarket today. We have Garcia brokers and sellers from around the world at great prices.

History of Garcia Yachts

Garcia is an iconic boat manufacturer best known for its premium yachts and sailboats. The company was founded in 1977 in Condé-sur-Noireau, a commune in the Calvados department in the Normandy region of north-western France. Garcia gained a reputable footing in the sailing industry with their quality aluminium sailboats, which led to a rapid growth and expansion in a relatively short span of time. The company's rich engineering expertise, combined with their commitment to craft, prioritised performance and seaworthiness, a promise which laid the groundwork for their enduring success in the global market.

In 2014, Garcia joined forces with renowned naval architect Berret Racoupeau in the creation of their trailblazing 'Exploration' line, a series of sailboats affectionately dubbed the 'Swiss Army knife of the seas'. These boats pushed the boundaries of sailing exploration, offering unparalleled safety and comfort for long-haul trips, and established Garcia as a frontrunner in the area of innovative sailing solutions.

Today, Garcia operates from their base in Cherbourg, on the north-western coast of France. Known for their exceptional craftsmanship, hand-picked materials, and cutting-edge construction techniques, Garcia remains synonymous with excellence in the world of sailing. Their ceaseless drive for perfection and unending pursuit of innovation means they continue to pave the way with advancements in boat building, enhancing their reputation as not just a boat manufacturer, but as a true icon of the high seas.

Which models do Garcia produce?

Garcia produce a range of boats including the Garcia 60 Imoca . For the full list of Garcia models currently listed on TheYachtMarket.com, see the model list in the search options on this page.

What types of boats do Garcia build?

Garcia manufactures a range of different types of boats. The ones listed on TheYachtMarket include Sloop , Racing boat and Cruiser .

How much does a boat from Garcia cost?

Used boats from Garcia on TheYachtMarket.com range in price from £49,400 GBP to £1,100,000 GBP with an average price of £491,000 GBP . A wide range of factors can affect the price of used boats from Garcia, for example the model, age and condition.

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Garcia Exploration 45

• 8 Passengers

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• Length 14.66 m
• Beam 4.48 m
• Draft 1.19 m
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• Netherlands
• United States
• United Kingdom

• Grand Rapids/Muskegon
• Saginaw/Bay City
• All Michigan

Michigan boat dealer, with locations across U.S., files for bankruptcy

• Updated: Jun. 04, 2024, 5:09 p.m. |
• Published: Jun. 04, 2024, 8:00 a.m.

Tommy’s Boats, which operates 14 stores in eight states, has filed for bankruptcy. MLive file photo (Garret Ellison|MLive.com) Garret Ellison

• Brian McVicar | [email protected]

GRAND RAPIDS, MI — Tommy’s Boats, a Grand Rapids-based boat dealer that operates more than a dozen stores in eight states and has described itself as one of the largest pontoon dealers in North America, has filed for bankruptcy.

The bankruptcy filing comes amid several lawsuits involving the boat dealership, and after a Kent County judge appointed a receiver to manage the company after New York-based M&T Bank sued Tommy’s for allegedly defaulting on $118 million in loans, documents show.

Liz Boydston, an attorney representing Tommy’s, said the bankruptcy filing will help the business “leverage the restructuring process to maximize value for all Tommy’s stakeholders,” and that Tommy’s looks “forward to a bright future ahead.”

The company’s assets are listed between $1 million and $10 million, while its liabilities total $100 million to $500 million, according to the company’s filing in U.S Bankruptcy Court in the Northern District of Texas. The company has 14 stores in Texas, Colorado, Michigan, Arizona, California, Florida, Nevada and Tennessee, and generated $190 million in revenue last year, documents show.

Related: Grand Rapids boat dealer buys California dealership

Monica Blacker, Tommy’s chief restructuring officer, said in a legal document that the bankruptcy was necessitated by a “culmination of challenges” related to the company’s growth strategy. Other contributing factors included “unexpected changes in consumer behavior,” as well as “fraudulent and misleading action” of a longtime business partner, a legal filing says.

Tommy’s sued boat manufacturer Malibu Boats on April 10 in federal court.

In the lawsuit, Tommy’s said its business was hurt by Malibu’s “elaborate scheme to over manufacture and pump nearly $100 million of its highest priced, highest margin, slow moving boat inventory” into 15 Tommy’s dealerships to “artificially inflate its stock value.”

After the lawsuit was filed, Malibu said in a statement that it intends to “vigorously defend itself against the claims made by Tommy’s.”

“Tommy’s was formerly a longtime dealer partner of ours, and we ended our relationship due to concerns about Tommy’s own conduct and its financial soundness,” Malibu said. “Indeed, Tommy’s lender is also suing it for violating the agreements Tommy’s used to finance the purchase of our boats. We will always act to protect our business, our customers and our shareholders.”

The bankruptcy filing for Tommy’s Boats shows the company’s unsecured claims with its 30 largest creditors total $123.6 million.

That includes $105.7 million to M&T Bank, $4.7 million to Grand Rapids-based Mercantile Bank, as well as $1.1 million in sales tax to the state of Michigan, the filing shows.

In a statement, Boydston said Tommy’s has received approval from the bankruptcy court to re-open its service and repair departments and “continue operating as usual.”

“Memorial Week was once again a triumph for Tommy’s, as we serviced 304 boats, ensuring our customers can enjoy their time on the water this summer,” she said. “We are proud to have finalized the sales of 10 boats and delivered seven more boats, fulfilling the commitments to our loyal customers who had placed deposits.”

Tommy’s generated $159 million from boat sales last year, and brought in $23.5 million for service and repairs, $4.8 million from its pro shop, and $3 million from waterfront rentals and fueling.

The company has four shops in Michigan, including 247 Morrissey Dr. NE in Plainfield Township, as well as locations in Detroit, Lake Charlevoix and Walloon Lake.

More on MLive:

Festival of the Arts returning to Grand Rapids for 3-day celebration

Once installed, turn signals at intersection in Ottawa County will reduce traffic

Grand Rapids police investigate teen’s fatal shooting

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It’s a Buyer’s Market for Boats, RVs and Other Pandemic Toys

They say that the second-happiest day in a sailor’s life is when he buys his boat. The happiest is the day he sells it.

Buyer’s remorse isn’t universal, and it often takes a while to set in, but the Covid-19 pandemic saw more than its share of regrettable big-ticket purchases. Extra cash and a desire for social distancing pushed sales of recreational vehicles, boats, motorcycles and snowmobiles to multiyear or all-time records. Then the cost of living increased, remote working got harder and, crucially, the interest rates to finance shiny, new playthings surged.

“The whole business is based on a monthly payment,” says Marcus Lemonis, chief executive of Camping World Holdings, the world’s largest RV retailer.

The result: Overflowing dealer lots at a time when plenty of lightly-used versions sit in driveways and marinas. That sounds like awful news for companies that struggled with pandemic supply-chain issues only to see demand for their recreational wares collapse once those problems got ironed out. It depends, though: Some are making lemonade out of lemons.

Take Brunswick, the world’s largest maker of pleasure boats. Its first-quarter sales dropped 22% from the year earlier period and its operating income plunged by 53%. Brunswick’s retail boat sales this year probably will retreat to what they were in 2012 or 2013.

But, even though its shares, along with other pandemic darlings, are well off their 2021 boom-time highs, someone who invested in Brunswick five years ago has made a 97% return. As its Chief Financial Officer Ryan Gwillim points out, sales of new boats are among its least profitable business lines. Once one has been sold, higher-margin items like motors continue to be needed for years to come.

Another sideline: Less than a year before the pandemic, Brunswick bought Freedom Boat Club, which allows people who don’t want to own a boat or deal with maintenance and storage to use one regularly. Membership has more than tripled since the acquisition and attrition is only about 10% a year.

“We made a lot of smart portfolio moves in the last decade to make our business less cyclical,” says Gwillim.

Likewise, MarineMax, which describes itself as “the world’s largest recreational boat, yacht and superyacht services company,” still gets most of its revenue from new boat sales through its dealerships. But it made 16 acquisitions between 2019 and 2023, mostly in areas like insurance, marinas and other services. It nearly doubled its revenue and tripled its net income during that span. Shareholders have made a 114% total return over the past five years.

The boat market might have gotten choppier when the tide went out if it weren’t for especially sharp supply constraints that limited the number of vessels that could be manufactured when they were most in demand. The National Marine Manufacturers Association forecasts that combined U.S. new and used boat sales this year will be about 22% below their 2021 peak.

The boom and bust for RVs has been steeper. Initially hampered by its own supply-chain issues, the industry geared up and hit its monthly record for North American wholesale deliveries to dealers of 64,454 in March 2022, according to the RV Industry Association. That was the month the Federal Reserve began raising interest rates from zero. Within a year, monthly shipments had dropped by more than half, with the decline much sharper for pricey motor homes than for trailers. They have improved only modestly since then. Meanwhile, the number of used units listed for sale on RVTrader.com is more than twice as high as during the period of peak demand.

If nearly all you do is make RVs, that is a problem. On Wednesday Thor Industries, the world’s largest RV manufacturer, reported that sales for its fiscal third quarter were down by 40% and earnings per share down by two-thirds from the same period in 2022. Some RV makers have scrambled to redesign their products so that “decontented” versions with fewer bells and whistles can be sold at a lower sticker price—a move one blogger dubbed “cheapification.”

Times are also trying for Polaris, a company that boasts it is “synonymous with adventure and passion.” Its all-terrain vehicles, motorcycles, snowmobiles and boats were in high demand and earnings surged in 2021 and 2022. In April it reported a 20% drop in first-quarter revenue and a 97% fall in net profit compared with the same quarter a year earlier amid “elevated promotions.” Its stock, which has given up all of its pandemic gains, rose briefly this week when it said it was expanding its boat-rental business.

Recreation companies that took hard decisions early could find themselves rulers of the waves or kings of the road, though. Knowing that price cuts on newer models were coming, Lemonis, known for playing “The Profit” on CNBC where he doled out tough-love advice to struggling businesses, took the painful step of discounting Camping World’s older inventory ahead of price cuts he knew were coming on 2024 models.

As with boats, new RVs don’t carry a large markup. Camping World’s most profitable business is its Good Sam Club for RV owners. Parts and service, finance and insurance and used RV sales are also more lucrative. Since 2017, it has expanded from 124 to about 215 dealerships and is targeting 320 by 2028. An investment made five years ago has produced a total return of 122%.

People who can’t make it to the lake, trails or campground as often as they had hoped, or are just looking to economize, might be disappointed in what their pandemic purchases can fetch today, but some of the companies that sold them their toys will benefit for years no matter who winds up owning them.

Write to Spencer Jakab at [email protected]

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