ONEW
OneWater Marine
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ONEW Profile
Onewater Marine Inc.
One of the largest and fastest-growing premium marine retailers in the United States
Franchise retail
04/03/2019
02/07/2020
NASDAQ Stock Exchange
2,203
09-30
Common stock
6275 Lanier Islands Parkway, Buford, Georgia 30518
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OneWater Marine Inc. was incorporated as a Delaware corporation on April 3, 2019. The company is one of the largest and fastest growing retailers of premium recreational yachts in the United States, with 61 stores in 10 states, including a group of 21 dealers. The company's dealer group is located in attractive markets throughout the Southeast, Gulf of Mexico, Mid-Atlantic and Northeast, including Texas, Florida, Alabama, North Carolina, South Carolina, Georgia and Ohio, and the company accounts for seven of the top 20 states for marine retail spending. Premium yacht sales are leading in 12 of the 15 markets the company operates in. In fiscal year 2020, the company sold more than 10,000 new and used ships, of which about 40% were sold to customers who traded in or established relationships with the company. Its large scale, diversified inventory, available high-end client game brand and meaningful dealer group brand equity enable it to provide a consistent professional experience, which is reflected in its number of return customers and same-store sales growth.