Categorized | Business

Pacific Boats and Yachts tops previous record growth


Pacific Boats and Yachts, LLC enjoyed record-breaking growth last year, garnering yet another Hawaii’s Fastest 50 Award this week, from Pacific Business News and First Hawaiian Bank.

Rick Gaffney, the firm’s owner and managing broker, said PBY has been named one of Hawaii’s 50 fastest growing companies seven times since 2000 but the 11th place finish this year is the highest the company has ever placed.

“Despite the lackluster economy, we’re pleased that our team of dedicated yacht brokers and boating professionals has been able to continue to grow our business,” Gaffney said. “We’ve been able to meet our customers needs with the wide range of services we offer, and we constantly strive to be sure that new customers can find us.”

As part of its aggressive business growth strategy PBY stays in touch with the boating industry locally, nationally and internationally. The company also continues to establish strong sales relationships with top manufacturers and brokerages in and outside Hawaii, to help add to their already impressive portfolio of products.

“The last few years have been challenging for the boating industry, but in 2010 our sales figures grew substantially through a combination of sales of new and used boats, and the continued success of our ocean recreation business development consulting.“ says Gaffney.

“Pacific Boats and Yachts held listings for, sold boats to, and managed boats for owners, buyers and sellers from all over the state, and from as far away as Florida, Costa Rica and Canada,” he said.

With the local sport fishery producing record catches and dependable trade winds keeping sails filled, Hawaii’s fastest growing yacht brokerage looks to be setting new sales records again in 2011.

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