Troubled Broward Trailers ‘Evaluating Options’
 

Unfortunate for everyone involved, https://speedonthewater.com/in-the-n...uating-options.

I have read (over the years) several people on this forum being ripped off in some form or fashion by businesses or private parties. It really didn't affect me much, as I don't know those people personally. But Brannon is a buddy of mine, and this really pi$$es me off.
Brannon is a good dude and doesn't deserve this.
Terry

Why is it always the business with the 'biggest mouth' behind it that always falls so hard in this industry?

The Pantera of trailers. He was such a blow hard dissing other trailer manufactures. I feel bad for those caught up in this.

Yea last February they are touting to Speed On the Water that "WE ARE IN GROWTH MODE!" Then literally just a few months later they are taking people's money and giving them nothing in return but the run-around. Effing Pieces of Chit!

I swear I had just read on this site that Broward was now an official sponsor of OSO??

I don't see how he could do anything other than remain solvent considering the prices he charged. I owned a trailer mfg business for 12 years so I know what it costs to build trailers. Broward's profit margin was at least 200% and probably closer to 300%.

I doubt they will be renewing the membership

https://www.offshoreonly.com/forums/...al-member.html

Wow, taking peoples $ when they knew they were in the red, $hitty to say the least

A south Florida boat business that is shady,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Shocking :drink:

This goes for customers too. Not all 'loud mouths' but definitely a higher %.

It's a red flag for the 'I'm going to screw you' personality for sure.

Hate to read or hear about this type of stuff. Not the only ones lately it seems.
Too bad, Broward built a VERY nice trailer. Wonder what the root of this is?

:bong::lolhit:

he is still on fb shooting off his loud ass mouth...

links

Really? Post a link.

it was in passion for powerboats and powerboat swap shop

They did the same thing with me 6 months ago. I did the same thing as you, priced all three plus Evolution and went with Myco because of their rep and they were right around the corner from Innovation. After I put my deposit, Broward contacted me and said they would drop the price 2K. Told them they were too late, thank goodness! Love my Myco!!!!!!

https://cimg1.ibsrv.net/gimg/www.off...c1a17e31bc.jpg

I'd like to think it was to get out of a bind. But if they didn't fix what got them in a bind in the first place what's the use? I mean the guy had a plenty of business so there's obviously and underlying problem somewhere.

My guess is that the problem is they were the same price as myco. They seemed to have a nice trailer but at even close to the same cost i would go with a MYCO first

That was in April 2018.
I told him that he must purchase a Commercial Membership if he wanted to post info about his company and he complied.

I consider myself very lucky, I have been shopping a trailer for a CC I'm having built and just got a quote from Jim on Oct. 2. I was in Hialeah looking at my boat on Oct. 7 and went by their address and it didn't look like an active shop. It looked like they built a nice trailer and Jim seemed professional on the phone, I hope it works out for the members involved.

I guess.

But if you are in a bind and screw someone, why is it different than if you aren't in a bind and screw someone for the same amt ?

I took over a shop (just lease for land/building) from landlord that had someone that was in a bind and screwing people. Most customers felt bad for him even if taken for $$$$. If I called them for extra $$$$ because of extra issues I'd be told that since they got screwed from the previous guy/business they had no money even for the original quote and I was being an azzhole and every other expelective. Up here in northern New England rust runs rampant and even some 'simple' jobs turn ugly quick. If I asked about the 'thief' many would reply, 'Oh, that was sad. Hope he will be okay." Huh ? Jeez.

Guess sometimes it pays to be the 'victim' just like a lot of society has learned I guess. :(

Well said , not to mention I have very similar feelings / tenancies!

As much as I agree with this as Im one of the ones that got burned by Richy. there are still good shops, but they aren't on here shooting their mouths off. usually they are the ones too busy to be on here and quietly are taking care of business. that being said there are just as many bad customers as there are bad businesses... my advice is always be the client that you would to service. be direct and honest, you wont get every sale as a business and as a consumer you may not get what you want(price) but good shops charge what they do for a reason.

I have no idea on this one but it wouldn't be the first business to have a sudden influx of success to go on a spending spree personal and business side (new SOTA equipment "to improve production", new truck or 3, new address, few toys at home) and then the bills start coming in hot and heavy

Agreed but sometimes one gets in a cash flow bind especially if they are having to give their regular customers (like boat manufacturers) payment terms of 60, 90 or even 120 days.
So your best steady eddy repeat customer that you cater to also has the leanest margin & best payment terms.
If you don't have a credit line or you've already tapped into it, what are your options?
1- drum up more business to create cash
2- take on an investor (easier said than done)

So as you pound the pavement ISO new business to keep the place afloat another buyer strings you out and so you see it can easily become a domino affect when you are already teetering on the edge

I'm not making excuses for anyone & I side w/ those that have gotten burned b/c I too have been burned in both the marine & housing industry.

I just don't think that when companies like Broward go belly up that it's blatant where the owner is knowingly taking deposits w/ a premeditated escape plan to take the $$ and run then kickback on the beach drinking a Corona..
I have noticed that some of the smartest people I work with who engineer and design ingenious parts are not the best business people even when it comes to managing their own money / benefits.

If Broward installed the best bilge pump on the market rated at 50gph to try to fend off the cashflow issue but their company is taking on 75gph of debt it's not going to matter & it's just a matter of time.


Hoping those caught in the middle get something out of it, whether it be an unfinished trailer, $$, equipment whatever.

Sometimes it's as simple as having to go to work everyday.