What is S&R Marine?
S&R Marine is a long-standing, locally owned business with over 30 years of operation in the marine industry. Originally established on Broad Street in Cookeville, TN, the company relocated to a larger facility on Interstate Drive in April 2006, experiencing significant business growth. By the summer of 2007, S&R Marine expanded its Parts Department to meet increasing demand. The company is a dealer for a comprehensive range of marine products, including Triton boats, Monterey boats, Hurricane boats by Godfrey Marine, and various outboard motors from Evinrude, Johnson, Mercury, Yamaha, and Honda. They also offer PCM and Indmar inboards, MerCruiser sterndrives, and Westerbeke generators. Their extensive Parts Department stocks components for all supported engine brands and can facilitate special orders, while their Service Department provides dock-side assistance to numerous local lakes and marinas.
How much funding has S&R Marine raised?
S&R Marine has raised a total of $28K across 1 funding round:
Debt
$28K
Debt (2021): $28K with participation from PPP
Key Investors in S&R Marine
PPP
Public-Private Partnership
What's next for S&R Marine?
With the recent infusion of substantial expansion capital, S&R Marine is poised for a new phase of development. This strategic financing at a Series B/C stage suggests an intent to scale operations, potentially through expanding inventory, enhancing service capabilities, or increasing market reach. The company's established reputation and diverse product portfolio provide a solid foundation for leveraging this investment to further solidify its position in the competitive marine retail and service market.
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