Off The Hook Yachts
- Company typePublic
- Founded2012
- HeadquartersWilmington, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Off The Hook Yachts firmographics
Firmographics- Name
- Off The Hook Yachts
- Legal name
- Off The Hook Yacht Sales, LLC
- Website
- https://offthehookyachts.com
- Company type
- Public
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Off The Hook Yachts industry classification
Industry- Product category
- Marine Brokerage Services
- NAICS
- Boat Dealers (441222)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Marine & Boat Finance (FSAKADAH)
Keywords
Where Off The Hook Yachts is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices10 records
Markets served
Off The Hook Yachts business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Boat Sales (Wholesale/Retail): The company buys used boats from private sellers and takes trade-ins from dealers, then resells them. They are the largest buyer of used boats in the USA, acquiring over $100 million in used boats annually. Revenue is generated through the margin between acquisition and sale prices.
- Brokerage Commissions: Professional brokerage services for listing boats, handling offers, counteroffers, seatrials, and contracts. Revenue from commissions on completed sales through their nationwide broker network.
- Marine Service & Repair: Service revenue from comprehensive marine maintenance, repair, and refit services at their service center locations including Miami, Stuart, and Palm Beach. Capabilities include carpentry, paint, diesel and outboard mechanics, electrical, detailing, fiberglass, gelcoat, and more.
- Financing Partnerships: Revenue through partnerships with Azure Funding for marine financing, earning referral fees or commissions from financed transactions. Also short-term bridge loans for buyers needing quick financing.
- New Boat Sales: Expansion into new boat sales by representing brands including Sportsman Boats, Phenom Yachts, Fountain, Pursuit, Solace, NauticStar, and Yellowfin. Projects up to 100 new boat sales annually at scale.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | We Buy Boats wholesale purchase model |
| Transaction based/ take rate | Pay-as-you-go | Brokerage listing services |
| Unit Pricing | Pay-as-you-go | Marine service and repair |
| Other | Pay-as-you-go | Marine financing through Azure Funding |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Off The Hook Yachts product offering
Product offeringCore offering
Off The Hook Yachts (now NextBoat Inc.) is America's largest buyer of used boats, operating a vertically integrated marine marketplace that combines wholesale boat acquisition, retail brokerage, marine financing, and full-service repair across the East Coast and Gulf region. The company purchases used boats directly from private sellers and dealer trade-ins, resells them through its own inventory platform and nationwide broker network, and provides marine service, refit, and haul-out capabilities through multiple service centers. The platform is increasingly powered by the proprietary NextBoat AI matching technology that connects buyers with both visible and off-market inventory.
Product overview
NextBoat Inc. operates a vertically integrated marine platform with Off The Hook Yachts as the core pre-owned boat sales division, complemented by Autograph Yacht Group (luxury brokerage), Azure Funding (marine financing), and WeBuyBoats.com (wholesale acquisition). The company also operates multiple service facilities including Miami River Service Center, Stuart FL Service Center, Lantana FL Service Center, and the newly acquired Apex Marine Group facilities in South Florida, along with the Chesapeake Bay hub. The platform is powered by NextBoat AI, an AI matching technology. The company sells new boats from Fountain, NauticStar, Pursuit, Solace, and Yellowfin brands, and offers marine services including repairs, warranty programs (Yamaha, Mercury), and hurricane storage.
Differentiator
Problem solved
Functional benefit
Brands
- WeBuyBoats.com: Private seller wholesale division providing fast cash offers, same day valuations, and streamlined selling process for private sellers.
- Autograph Yacht Group
- Azure Funding
- NextBoat AI
- Bellhart Marine
Products and services
- Off The Hook Yachts Brokerage Core pre-owned boat sales and brokerage division offering boat acquisition, listing brokerage, trade-ins, in-house financing, extended warranties, insurance, and nationwide pickup/closing for individual boat sellers and buyers.
- Autograph Yacht Group Premier luxury brokerage division representing high-end motor yachts and superyachts with a tailored client-first approach, global reach, and elevated marketing for high-net-worth buyers and sellers. Headquartered in Fort Lauderdale with a new headquarters launching in Jupiter, Florida in 2026.
- Azure Funding Marine Financing Dedicated marine finance division providing fast approvals, competitive loan structures, and personalized guidance for buyers purchasing boats across the luxury yacht market. Works with clients and lenders to simplify the financing process and earn referral/commission revenue on financed transactions.
- WeBuyBoats.com Wholesale Acquisition Private seller wholesale division providing fast cash offers, same-day valuations, and a streamlined selling process for private boat owners. Pays up to 90% of true market value and typically closes within 5-7 days from offer.
- NextBoat AI Platform Proprietary AI-powered matching platform that connects boat buyers with both visible and off-market inventory using proprietary market data and transaction flow, designed to streamline boat purchasing and address inefficiencies in fragmented inventory discovery.
- New Boat Sales (Fountain, Pursuit, Solace, NauticStar, Yellowfin, Sportsman, Phenom) New boat sales representing brands including Sportsman Boats, Phenom Yachts, Fountain, Pursuit, Solace, NauticStar, and Yellowfin, leveraging Sloop Point Marina dry stack storage as a competitive advantage.
- Miami River Service Center Flagship marine service facility on the Miami River with 88-ton and 150-ton Marine Travelift and Wiggins 20-ton marine forklift, hauling vessels up to 125 feet. Services include bottom painting, engine service, electrical, mechanical, fiberglass repair, generator installation, AC maintenance, refits, and electronics.
- Stuart, FL Service Center & Marina Service center on Florida's Treasure Coast with 60-ton Travelift for vessels up to 65 feet, offering haul-outs, surveys, AC service, compound/polish/wax, carpentry, electrical, mechanical, outboard engine, hydraulics, electronics, and refits.
- Lantana (Palm Beach), FL Service Center Service center specializing in vessels up to 32 feet with forklift haul-out capabilities and capacity for up to 10 boats on-site, staffed by certified technicians for maintenance and repairs.
Quantifiable outcome
- 21.1% year-over-year revenue growth in 2025
- +4 more outcomes
Companies that use Off The Hook Yachts
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles4 records
Off The Hook Yachts technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature3 records
Off The Hook Yachts partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered strategic, core and minor.
- Sportsman BoatsstrategicNew boat brand added through Bellhart Marine in Wilmington, NC. Expansion into new boat sales powered by unique storage ecosystem including Sloop Point Marina dry stack storage (224 racks, expandable to 450).
- Phenom YachtsstrategicNew boat brand added through Bellhart Marine in Wilmington, NC. Part of strategic expansion into new boat sales segment with projected up to 100 new boat sales annually at scale.
- APEX (Apex Marine Group of Companies)coreAcquisition target creating South Florida mega service, refurbishment, and sales hub. Four strategically located South Florida facilities with haul-out capability up to 150 metric tons and vessels up to 130 feet. Expected to add $30 million in annual revenue and $3 million in cost savings. Deal closed approximately 60 days after signing. Adds brands including Pursuit (Miami), Solace, Fountain, and Nauticstar.
- Jefferson Beach Yacht SalescoreMichigan-based yacht brokerage with more than 50 years of operating history across nine locations in the Great Lakes and Florida. OTH receives right of first refusal on 100% of JBYS yacht trades, creating high-velocity pipeline for used boats while gaining immediate access to Great Lakes markets. Partnership enables rapid regional expansion without building traditional brick-and-mortar locations.
- CFR Yacht SalesstrategicPuerto Rico-based yacht sales partnership expanding Off The Hook into Caribbean and Latin American markets. Strategic agreement to serve growing international buyer demand through established regional presence.
- flyExclusiveminorNationwide dealer incentive partnership providing additional value propositions for buyers. flyExclusive incentive program designed to drive dealer transactions and customer acquisition.
- Azure FundingcoreDedicated marine finance division providing fast approvals, competitive loan structures, and personalized guidance for buyers across the luxury yacht market. Works directly with clients and lenders to simplify financing process and support smooth transactions. Call 1-888-311-0101.
- Bellhart MarinecoreAcquisition signed April 2026 creating the Carolinas' premier mega service and refit platform. Bellhart Marine operates service center in Wilmington, NC (6821 Market St). Expands service capabilities in North Carolina market.
- Yellowfin BoatsstrategicHigh-end center console brand represented across North Carolina and from Miami FL to Florida Keys. Provides premium offshore fishing vessels as part of new boat sales expansion.
- Pursuit BoatsstrategicPremium offshore design brand carried by Off The Hook Yachts, offering sport center consoles, dual consoles, and offshore models. Part of new boat sales strategy.
- Fountain BoatsstrategicPerformance-driven lineup built for serious anglers and offshore speed with tournament-ready fishing layouts. Part of new boat sales expansion.
- Solace BoatsstrategicPremium center console lineup built around advanced hull design, efficient performance, and elevated comfort. From offshore capability to refined family cruising.
- NauticStar BoatsstrategicVersatile lineup built for fishing, cruising, watersports, and family days. Includes bay boats, offshore models, and deck boats blending performance, comfort, and capability.
Scale indicators17 records
Recent moves10 records
Expansion highlights6 records
Off The Hook Yachts competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key highlights7 records
Customer concentration
Off The Hook Yachts social profiles
Digital presenceOff The Hook Yachts financial estimates
Financial estimateRevenue estimate
Valuation estimate
Off The Hook Yachts leadership team
Management profileNumber of profiles
Profiles5 records
Off The Hook Yachts subsidiaries and ownership
Company hierarchySubsidiaries3 records
Off The Hook Yachts funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Off The Hook Yachts M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Off The Hook Yachts
What does Off The Hook Yachts do?
Off The Hook Yachts (now NextBoat Inc.) is America's largest buyer of used boats, operating a vertically integrated marine marketplace that combines wholesale boat acquisition, retail brokerage, marine financing, and full-service repair across the East Coast and Gulf region. The company purchases used boats directly from private sellers and dealer trade-ins, resells them through its own inventory platform and nationwide broker network, and provides marine service, refit, and haul-out capabilities through multiple service centers. The platform is increasingly powered by the proprietary NextBoat AI matching technology that connects buyers with both visible and off-market inventory.
Is Off The Hook Yachts a public or private company?
Off The Hook Yachts is a public company. It is classified as public and is currently operating.
When was Off The Hook Yachts founded?
Off The Hook Yachts was founded in 2012. It employs 11 to 50 people.
Where is Off The Hook Yachts based?
Off The Hook Yachts is headquartered in Wilmington, United States, in the North America region.
How does Off The Hook Yachts make money?
Five revenue lines are on record. Boat Sales (Wholesale/Retail) is the primary driver. The others are brokerage Commissions, marine Service & Repair, financing Partnerships and new Boat Sales.
Does Off The Hook Yachts have an API?
No public API is recorded for Off The Hook Yachts.
What industry is Off The Hook Yachts in?
Off The Hook Yachts's product category is Marine Brokerage Services. Its primary akta.pro industry code is FSAKADAH, Marine & Boat Finance. Its NAICS code is 441222 and its SIC code is 3730.