Nautical Ventures Expands Marine Retail Division, Buys Northlake Marina Property in West Palm Beach, Florida

Dania Beach, FL -- (SBWire) -- 06/24/2015 --As part of their continuing plan to become South Florida's leading single source retailer for marine recreational products, Nautical Ventures Group has purchased the Northlake Marina property located at 139 Shore Court in North Palm Beach and, as a result, will bring its innovative business model to Palm Beach County.

Strategically located just off the east side of US1, Northlake Boulevard and the Earmin River, this 2-story, 26,300 square foot building offers hi-retail traffic visibility both by roadway and waterway. This new location also comes with a dry stack unit that can house 66 boats, 10 in-water slips, and is a 15 minute boat ride due east to the Palm Beach inlet with no fixed bridges.

According to Roger Moore, CEO of Nautical Ventures, "After the tremendous consumer response we had from the recent West Palm Beach boat show, combined with the projected demographic growth of the marine industry in Palm Beach, opening our first location here is the logical step. We've had our eye on Palm Beach for a while, but when the opportunity came up to take our business model one county north, we jumped on it."

Nautical Ventures represents a broad range of watersports equipment, including a full line of recreational boats and tenders, and is also one of the biggest Hobie Sail, Kayak and SUP dealers in the United States. They are also largest Novurania dealer in North America, so interior upgrades will include a dedicated Tender showroom to cater specifically to owners & captains of mega yachts.

Notable fiberglass boat lines they inventory include; Action Craft, Buddy Davis, Caravelle, Century, Key Largo, Tahoe, and Universal Hovercrafts. Plans are in place to upgrade and modernize the showroom to reflect this broad inventory. Cosmetic changes to the exterior of the building will take on the fun & playful feel of their Dania store.

Closing is slated for July 2015 with a grand opening expecting in September 2015. Other notable facts include: Full service marine fuel docks with two tanks, 4,000 gallon capacity dispensing 7-days, (Nautical Ventures Group also owns LukFuel); a 25 ton TraveLiftTM and Wiggins Marina Bull on the property; just minutes by water or land to the Port of Palm Beach, Peanut Island, the Rybovich Superyacht Marina and downtown Palm Beach.

For more information contact Nautical Ventures, 954-926-5250 http://www.nauticalventures.com

About Nautical Ventures Group
Nautical Ventures Group is a consortium of South Florida investors who are passionate about boating and the local marine community. Their goal is to purchase underperforming marine enterprises that are in separate areas of expertise but collectively make-up a single-source supplier for boat/motor/watersport sales, accessories, service and support to the broad South Florida marine marketplace. Operating under the banners of Nautical Ventures Marine Superstore, QPS Marine, and LukFuel they have infused over $11 million dollars into capital improvements and created close to 50 jobs over the past 12 months.

About Nautical Ventures
Headquartered in Dania Beach, Nautical Ventures is a specialty outdoor retailer offering the largest selection of boats, tenders, kayaks and SUPs under one roof in South Florida. Nautical Ventures is an exclusive distributor for premium marine brands, including Hobie kayaks and sail cats, Chapman tenders and Buddy Davis boats. Nautical Ventures is also North America's leading distributor of Novurania luxury yacht tenders. From paddle sport hobbyists to performance and pleasure boaters to yacht owners and captains, Nautical Ventures provides recreational marine enthusiasts with a full range of water crafts, accessories and complete service.

Media Contact:
Frank Ferraro
Nautical Ventures
50 S. Bryan Rd.
Dania Beach Florida 33004
Frank@brainstorms.net
http://www.nauticalventures.com
Tel: 954-564-2424

Media Relations Contact

Frank Ferraro
Nautical Ventures Group,Inc.
954-564-2424
http://www.nauticalventures.com

View this press release online at: http://rwire.com/606391