Black Thunder Company for sale
03-01-2011, 11:43 AM
#1
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Black Thunder Company for sale
This was posted on the OTHER site LOL
Does anyone have confermation?
Posted on March 01, 2011
The owner of Black Thunder Powerboats is selling the company and hoping that some "young blood" can come in and keep the nearly 25-year-old manufacturer going.
"It's just age, more than anything. It's going to take a fight to get it going again," Don Jenkins, 78, told Soundings Trade Only. "I was at the Miami show and it seemed that there were a lot of people there and everybody still wants a boat and it looks like it's going to turn around now and start going back the other way.
"It's really disappointing," he said of the decision to sell. "If you could take 20 years off my life, there'd be no way I'd sell it. Sometimes age gets you and there's nothing you can do about that."
Jenkins said the Hannibal, Mo.-based, family-owned company shipped its last boat about 30 days ago and is no longer in production. At one time, he said, Black Thunder Powerboats did more than $6 million in sales annually.
The company prides itself on being a custom builder, adding on its website, "No two Black Thunders are alike, your boat is as original as your ideas."
The new owners, Jenkins hopes, will be go-fast enthusiasts who will "build it even bigger than we have."
The company's website says the company's logo, which it calls a prime asset, the clothing lines, the tooling and the molds are included in the $950,000 asking price.
Also, the 13,000-square-foot manufacturing facility is leasable for $3,500 a month, with an additional 40,000-square-foot building possibly available.
The site mentions "very capable and trusted employees that ... would be a very important asset to continue the business," although it adds that the molds and equipment can be moved to another U.S. location or shipped overseas.
"It's not a business that should end. It's a business that some young blood should get in and move on with," Jenkins said. "It's a wonderful business."
For information, call (573) 795-2222.
— Beth Rosenberg
Does anyone have confermation?
Posted on March 01, 2011
The owner of Black Thunder Powerboats is selling the company and hoping that some "young blood" can come in and keep the nearly 25-year-old manufacturer going.
"It's just age, more than anything. It's going to take a fight to get it going again," Don Jenkins, 78, told Soundings Trade Only. "I was at the Miami show and it seemed that there were a lot of people there and everybody still wants a boat and it looks like it's going to turn around now and start going back the other way.
"It's really disappointing," he said of the decision to sell. "If you could take 20 years off my life, there'd be no way I'd sell it. Sometimes age gets you and there's nothing you can do about that."
Jenkins said the Hannibal, Mo.-based, family-owned company shipped its last boat about 30 days ago and is no longer in production. At one time, he said, Black Thunder Powerboats did more than $6 million in sales annually.
The company prides itself on being a custom builder, adding on its website, "No two Black Thunders are alike, your boat is as original as your ideas."
The new owners, Jenkins hopes, will be go-fast enthusiasts who will "build it even bigger than we have."
The company's website says the company's logo, which it calls a prime asset, the clothing lines, the tooling and the molds are included in the $950,000 asking price.
Also, the 13,000-square-foot manufacturing facility is leasable for $3,500 a month, with an additional 40,000-square-foot building possibly available.
The site mentions "very capable and trusted employees that ... would be a very important asset to continue the business," although it adds that the molds and equipment can be moved to another U.S. location or shipped overseas.
"It's not a business that should end. It's a business that some young blood should get in and move on with," Jenkins said. "It's a wonderful business."
For information, call (573) 795-2222.
— Beth Rosenberg
03-01-2011, 05:08 PM
#4
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Seems liek last year I just wrote a post saying I didn't know how these guys were still in business and needed a marketer/visionary in a bad way. I hope someone steps up to the plate because this is one of the boats on my short list.
03-01-2011, 08:19 PM
#7
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I liked the GT but when they went to that 6'10 head room ( and I am 6'5" and like a big cabin) I think they jumped the shark. Years ago when talking to Terry Sobo who worked for BT he said he left because he didn't like the way they were going with the boats. Now Nortech is very much at the top and Terry has a lot to do with that. Anybody that buys the company needs to add some boats and bring back the lower deck GT not just that huge thing.
03-01-2011, 08:20 PM
#8
Charter Member
A good friend had a 46 BT. Those things are condos on the water.
I believe you may have worked with or know of him from your Manning days? Jack B.
I believe you may have worked with or know of him from your Manning days? Jack B.
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Some people are like Slinkies - Not really good for anything, but they
bring a smile to your face when pushed down the stairs.
03-01-2011, 09:10 PM
#10
Platinum Member
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I liked the GT but when they went to that 6'10 head room ( and I am 6'5" and like a big cabin) I think they jumped the shark. Years ago when talking to Terry Sobo who worked for BT he said he left because he didn't like the way they were going with the boats. Now Nortech is very much at the top and Terry has a lot to do with that. Anybody that buys the company needs to add some boats and bring back the lower deck GT not just that huge thing.
I agree the GT looked way better..
I was under the impression its been for sale since 07..
