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Marine World owners to buy Mid-America Powersports
02/10/2014 5:00 AM
06/25/2014 5:53 PM
WICHITA — In July, Have You Heard? reported that Mid-America Powersports owner Ross Reed planned to close his business.
Then, within days, Reed said it looked like he may have opportunities to sell the business.
Now, that's happening.
Marine World owners Nick and Nathan Blasi are buying the business.
"We felt it fit well with what we're already doing," says Nick Blasi.
Marine World sells watercraft and some power sports.
"We felt that it was our chance to own all the brands together," Nick Blasi says.
Mid-America Powersports sells Honda, Yamaha, Kawasaki, Suzuki, KTM and Kymco.
"It's such a unique business," Nathan Blasi says. "You cannot duplicate that."
He says Reed "just worked it out where it's made a perfect marriage over time."
Nathan Blasi says he and his brother were Reed's customers while growing up.
"He has just built it over time."
The Blasis are managing Mid-America Powersports until the deal closes. They plan to keep Marine World at 7979 W. Kellogg and Mid-America at 333 N. West St.
"We wanted to keep this business going because it is unique," Nathan Blasi says. "It's a destination-type store. It's an awesome thing that he's built."
About Carrie Rengers
Carrie Rengers joined The Eagle's Business team in 2002 despite her inability to even balance a checkbook. Fortunately for her, and readers, her Have You Heard? blog is about business scoops and contains lots of news but almost no math.
A Michigan native, Carrie’s father was quite tragically transferred to Little Rock, Ark., in the middle of her sophomore year of high school. To make matters worse, her parents put her in a girls school. She recovered, though, and went on to enjoy being an English major at Hendrix College (the Harvard of the Ozarks, don’t you know). She worked for the weekly Arkansas Business and the statewide daily Arkansas Democrat-Gazette before moving to Wichita to be with her favorite writer and cook, husband Joe Stumpe.
Carrie encourages readers to contact her with tips, questions, behind-the-scenes business news and even funny quotes from business people. Reach her at 316-268-6340 or firstname.lastname@example.org.
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