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-   -   Passport Marine Officially Over (https://www.offshoreonly.com/forums/general-boating-discussion/183724-passport-marine-officially-over.html)

RedDog382 04-04-2008 11:24 AM


Originally Posted by DaveP (Post 2512797)
Anyone have a deal on a case of kneepads for the Formula folks? :D

I have owned 3 Formulas, two friends have each owned 4. Have never heard of this dealer and will definately not be losing sleep over this. Still supporting my dealers and Magicfloat.

bgchuby01 04-04-2008 11:52 AM

magic float is the best, there is none better

DaveP 04-04-2008 01:46 PM

I agree - Magic Float is one of the best and I have known him for years. He WAS NOT one of the dealers that was cancelled due to Passport.

DaveP 04-04-2008 01:48 PM


Originally Posted by CAP071 (Post 2512915)
Didn't they buy Avanti speedboats also?

No - Dr. Ira Trocki who owns Egg Harbor did.

glassman11 04-04-2008 02:03 PM


Originally Posted by DaveP (Post 2513102)
I agree - Magic Float is one of the best and I have known him for years. He WAS NOT one of the dealers that was cancelled due to Passport.

Formula cancelled Marina 1 in Deerfield because of Passport.
Marina 1 is one of the best Marinas anywhere. First class facility, first class service department and a first class sales department. Stupid move.

Semper Fi 04-04-2008 02:45 PM


Originally Posted by bgchuby01 (Post 2512955)
magic float is the best, there is none better

I have never personally met Magicfloat, but I have spoken to him on the phone before and he's a great guy. If I was buying a Formula- I would travel to buy from him......no doubt in my mind!

glassman11 04-04-2008 02:50 PM


Originally Posted by Semper Fi (Post 2513175)
I have never personally met Magicfloat, but I have spoken to him on the phone before and he's a great guy. If I was buying a Formula- I would travel to buy from him......no doubt in my mind!

Who and where is he?

fastboats4u 04-04-2008 03:45 PM

Can you reveal your source?
 
Glassman11,
Are you at liberty to reveal where you got that info? My dealership owner and the CFO of Formula speak at least daily, and we haven't heard that yet. Of course I understand if you can't, I'm just curious.
BIG DAVE P- I feel ya, brother! I love how people think this business is a walk in the park! I still kick myself once in a while for leaving the country club of BMW for this- talk about out of the pan and into the fire- sheesh!

glassman11 04-04-2008 04:35 PM


Originally Posted by fastboats4u (Post 2513256)
Glassman11,
Are you at liberty to reveal where you got that info? My dealership owner and the CFO of Formula speak at least daily, and we haven't heard that yet. Of course I understand if you can't, I'm just curious.
BIG DAVE P- I feel ya, brother! I love how people think this business is a walk in the park! I still kick myself once in a while for leaving the country club of BMW for this- talk about out of the pan and into the fire- sheesh!

I speak to the passport employees who work there. They were terminated at 10 am today. A customer called me a few minutes ago and said that there were Formula trailers at the dealership as we speak picking up some of the Formula boats. They closed their locations in Tampa/St. Pete a couple of days ago. Dillon, Condon and all the others are gone. They are out of money. They can't even locate all the Passport inventory.

Jupiter Sunsation 04-04-2008 06:19 PM

They still had a 2001 35 Playboy my buddy traded to them at the Miami show 06. They paid 90k on the trade for the boat.


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