The Story Behind Our Well-Respected Yacht Brokerage
Pursuing both passion and profession—this is how Fairbanks Yacht Group came to life. At the helm of our company is Ed Fairbanks. Utilizing his wealth of engineering experience and love for boats, he led the company into becoming a successful brokerage business in Connecticut.
How We Started
Making a Life-Changing Decision
In 2008, Ed decided to act on his yearning to start a business. He combined his passion for boating and his expertise in engineering and project management by establishing a yacht brokerage. It was as if he had spent the whole first half of his career preparing for this new role. At first, things were slow. But over time, by way of hard work and his growing reputation of square dealing, the brokerage business grew and prospered.
Raising the Bar in Customer Service Through Experience
Ed’s technical and mechanical knowledge of yachts, combined with his innate ability to understanding the customer in a yacht sale or purchase, allowed him to put together solutions that others could not.
He knew how to structure deals to help his customers reach their goals. He has experience in electrical and mechanical systems and has excellent organizational skills. All this, when combined with his wealth of project management experience, allows him to cater to customers' needs better than any competitor.
Paving the Way to Success
As Ed quickly gained expertise in yacht brokerage and sales, it became apparent that he was a natural. He seemed to know just what to do and how to put deals together. His growth strategy included a substantial investment for floor planning. He had been very conservative when building his business and had built up enough sweat-equity to be able to make this move without financing.
Serving a Wider Audience
A big change came about when Ed concluded that to be able to become a strong factor with boat manufacturers, he needed to expand his market to the northeastern seaboard. He opened offices in Newport, Rhode Island and Philadelphia, Pennsylvania, and hired experienced, professional brokers to run them.
Get in Touch
Fairbanks Yacht Group continues to grow, make sales, and prosper where others have not. We are truly dedicated to working with your best interests in mind and to making your boating activity an enjoyable experience. If you wish to learn more about us, drop us a line today.