Off the Hook Yacht Sales Acquires Bennett Brothers Yachts and Boatyard

Jun 29, 2020

The Acquisition

On June 26, 2020, Off the Hook Yacht Sales NC, LLC, announced that it has acquired Bennett Brothers Yachts and Boatyard, a company specializing in the service, repair, and refit of boats and yachts, as well as travel lift services and hurricane haulouts. The purchase is a key element of Off the Hook Yacht Sales’ long-term strategic plan of becoming the #1 dealer for premium used boats and yachts in the World. The new BBY name will be transitioned to ‘Off the Hook Yacht Services.’

This acquisition will allow Off The Hook Yacht Sales to streamline and consolidate several existing locations and operations in South Eastern North Carolina while increasing the breadth and quality of its service offerings. Additionally, Off The Hook Yacht Sales is extremely excited to be able to contribute to the development along the Cape Fear River in Downtown Wilmington and be a large contributor to the local economy.

Patricia and Connor are extremely excited about the new venture with Off the Hook Yacht Services. The acquisition allows Bennett Brothers Yachts to join a yacht sales company that is dynamic and innovative. “All of our employees look forward to continuing to provide outstanding service to our existing yacht owners and welcome new ones,” said Patricia Bennett. Connor Bennett will lead the team at Off The Hook Yacht Services. Off The Hook Yacht Sales sold a record number of boats last year and the ability to consolidate sales and service at one location ensures quality and efficiency with a more timely turnaround.

“Patricia and Connor Bennett have done an incredible job building up their service team and we are thrilled to have them on board,” says Jason Ruegg, President of Off the Hook. We think it will be a great partnership – combining Ruegg’s expertise in Sales and Marketing, with the Bennetts’s experience in service and refits. We do the highest volume in the industry and we need more operations like this in order to support that. We look forward to serving the Wilmington area with the most efficient boat sales and service.”

About Off the Hook Yacht Sales

Off The Hook Yacht Sales NC, LLC, based in Wilmington, North Carolina, was founded in 2012 by Jason Ruegg and has now become the largest marine wholesaler in North America. The company provides wholesale purchasing services for brokerages, new boat dealers, and private individuals, and has become a household name at the largest brokerages and dealerships in the Country.  The Wilmington, NC headquarters is one of Off the Hook Yacht Sales’ four locations, which include Dania Beach, FL, Grasonville, MD, and Brick, NJ.

About Bennett Brothers Yachts – Boat Yard

Bennett Brothers Yachts – Boat Yard specializes in the service, repair, and refit of yachts of all sizes and haulouts up to 70 tons, including catamarans, deep draft sailboats, and sportfishing boats, and cruising powerboats. Bennett Brothers are one of Wilmington’s source providers of marine dockage in deep brackish water at Cape Fear Marina. Located on the Northeast Cape Fear River with a shipping lane depth approach, Cape Fear Marina offers security and convenience, located minutes from Historic Downtown Wilmington and Wilmington International Airport (ILM). The gated and certified Clean Marina offers a fully equipped dock house with shower and laundry facilities at the 70 slip marina. Water and tank pump-out is available at every slip and power availability.

OUR SERVICES

HAUL OUT AND MOBILE SERVICE 
70-Ton Marine Travelift for both power and sail with deep draft and catamarans. LOA up to 80′. Shipping, commissioning, and yacht management services are available.

PAINT AND FIBERGLASS 
110′ certified paint booth. Projects up to full hull, deck, and superstructure repaint, collision repair, custom fabrication, and insurance repair.

ENGINES AND SYSTEMS 
Maintenance, repair, and repower for all vessel types in all aspects of the mechanical, powertrain (diesel and gas) inboards, outboards, and systems.

ELECTRONICS 
New electronics package planning and installation, diagnosis, and repair of existing hardware or software, add-ons, updates, and integrations.

HARDWARE AND RIGGING
For both power and sailing vessels for fishing and distance cruising or racing. Hardware replacement, lines, design, and planning for custom fabrication.

Cape Fear Marina

Adjacent to Off the Hook Yacht Services is the Cape Fear Marina. Located on the Northeast Cape Fear River with a shipping lane depth approach, Cape Fear Marina offers security and convenience, located minutes from Historic Downtown Wilmington and Wilmington International Airport (ILM).

Interested in leasing a slip?

For long-term slip rental (more than one week) please inquire via the contact form on this page.
For short-term slip rental (one week or less), please call our office for availability.
All long-term slip rentals begin on the 1st of each month, are prepaid, and are non-refundable. If you wish to switch to a weekly or daily rate please notify our staff prior to your lease renewal date.
Don’t hesitate to email us at service@offthehookys.com or call us at 910-772-9277.

Off the Hook Yachts has a proven process for both dealers and private sellers to liquidate their used boats and trades immediately! We have been the industry leader in marine wholesale since 2012. If you are looking for a fast, fair, and competitive number on your boat please click here!