I am not one to talk about bad news, after all our mission here is to promote the positive in the classic boat community, and of course the occasional disaster. Okay, maybe being towed in, okay maybe… WOW, I am sure gonna work on that. But over the holidays we have been getting reports that Grand – Craft had shut it’s doors, and is selling lots of equipment. I did reach out to them and just got confirmation that indeed Grand Craft has stopped doing business. The email note I got was simple and to the point from Patrick Gallagher, CEO of Grand – Craft “Sad but true could not get traction in the market.”
Now we can all be arm chair entrepreneurs here, it is the internet after all. But one thing that can not be denied is Patrick and the team there tried, then put it out there and went all in to save and rebuild a boat brand that has some very cool history. In fact Grand Craft has always been a brand that stood for being entrepreneurial. Grand – Craft started when Chris Craft went Corporate and moved to Florida. And Grand Craft was born from many of the old Chris Craft employees that still wanted to build wood speed boats. In a sense, Grand Craft’s are what life would have been like if Wood Speed boats were still being made new.
Like Hacker-Craft, Gar-Wood, Streblow, Van Damm, and Stan – Craft, all competing for that same dollar. Thats a very narrow market, yet, can be a very very rewarding one. Different Boats for Different Folks I say. So I raise my hand and toast the Grand Craft team for going for it, for me in my life, trying something I dream of doing is far far better than wishing I had. And maybe, just maybe, the learning from this, will inspire another try, and another.