Sad news for Checkmate Powerboats
11-02-2019 | 08:37 PM
#1
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Sad news for Checkmate Powerboats
This was posted on the Checkmate Powerboats forum yesterday
Checkmate Powerboats to be Dissolved
Checkmate Powerboats to be Dissolved
FOR IMMEDIATE RELEASE: 11/1/19
At the beginning of October, Checkmate has attempted to extend the current lease with the landlord, however an agreement could not be met. Therefore, after much thought and consideration of the current situation, the owners of Checkmate Powerboats have decided to dissolve the company, selling the molds, all the parts for completed boats, and the intellectual property. Checkmate has been around the boating industry for over 56 years, having an assortment of 17 different models in both sterndrive and outboard offerings. If you have interest in acquiring the Checkmate molds and intellectual property, please give us a call at 631-208-2933.
At the beginning of October, Checkmate has attempted to extend the current lease with the landlord, however an agreement could not be met. Therefore, after much thought and consideration of the current situation, the owners of Checkmate Powerboats have decided to dissolve the company, selling the molds, all the parts for completed boats, and the intellectual property. Checkmate has been around the boating industry for over 56 years, having an assortment of 17 different models in both sterndrive and outboard offerings. If you have interest in acquiring the Checkmate molds and intellectual property, please give us a call at 631-208-2933.
11-02-2019 | 08:45 PM
#2
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Joined: Aug 2004
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From: naples,florida
Lead,Follow , or get out of the way. Sad but true.
The market is Center Consoles in the sport boat market , problem is most of the current offshore hulls are to narrow for a CC for today’s market.
Not o mention they are Light years behind the big time CC builders that are leading the market .
The market is Center Consoles in the sport boat market , problem is most of the current offshore hulls are to narrow for a CC for today’s market.
Not o mention they are Light years behind the big time CC builders that are leading the market .
11-03-2019 | 07:18 AM
#8
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Look at the google maps pic (taken Sept 2018) and it shows the building was for lease back then and it looked desolate (maybe it was Sunday, but no cars/trucks in the parking lot).
Can't believe after 56 years they didn't own their own building. For most owners that is their retirement plan, sell the business and lease back the real estate or sell the real estate outright.
Cool boats, they should have started a line of pontoons or something lake related to supplement the dwindling sportboat market.
Last edited by Jupiter Sunsation; 11-03-2019 at 07:20 AM.
11-03-2019 | 07:49 AM
#10
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Joined: Oct 2000
Posts: 7,999
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From: SW CT & Long Island Sound
Very sad, another long time boat builder gone. Face it, people would rather bury their head in their phones than go outside and experience the world they live in. I've never seen so few boats out on Long Island Sound, it's actually shocking the decline in the hobby.
