What is KM Cycle & Marine?
KM Cycle & Marine operates as a prominent dealership based in Fort Walton Beach, Florida, focusing on both new and pre-owned marine and cycle brands. Their extensive product catalog includes ATVs, UTVs, motorcycles, scooters, boats, and watercrafts, designed to serve the recreational and travel enthusiast community. Beyond sales, the company provides comprehensive services including financing options, parts, and maintenance, supported by a team of passionate motorsport experts dedicated to customer satisfaction and knowledge sharing.
How much funding has KM Cycle & Marine raised?
KM Cycle & Marine has raised a total of $309K across 2 funding rounds:
Debt
$150K
Debt
$159K
Debt (2020): $150K with participation from PPP
Debt (2021): $159K led by PPP
What's next for KM Cycle & Marine?
The substantial late-stage investment in KM Cycle & Marine signals a strategic push towards significant expansion and market consolidation. This capital infusion is expected to fuel advancements in product offerings, enhance customer service infrastructure, and potentially broaden the company's geographical footprint. The focus on strategic investment suggests a move towards optimizing operations, exploring new market segments within the marine and cycle industries, and solidifying its competitive advantage.
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