Cherubini Yachts Facility and Brand Listed for Sale in New Jersey

A historic American yacht brand, Cherubini Yachts, and its associated manufacturing facility in Delran, New Jersey, are being offered for sale by Vantage Commercial. The listing presents a unique opportunity for investors interested in acquiring a legacy brand with a well-established manufacturing location.

Legacy Yacht Brand with Waterfront Facility

The property, located at 51 Norman Ave, Delran, NJ, encompasses approximately 8,000 square feet on a two-acre waterfront site at Dredge Harbor [LoopNet]. It provides direct access to the Delaware River and Rancocas Creek, making it ideal for marine production and operations. The sale price is listed at $899,000, or for lease at $8,000 per month [Vantage RES].

Cherubini Yachts: A History of Craftsmanship

Cherubini Yachts has a longstanding reputation for building classic sailboats and runabouts known for their craftsmanship, seaworthiness, and timeless design. The brand gained recognition in the 1970s and is known for models such as the Cherubini 44, Cherubini 48, Classic 20, and Classic 24 [Vantage Commercial]. The company’s roots trace back to the 1920s, with the Cherubini family having a long tradition of boatbuilding [BizBuySell].

Potential for Investors

Vantage Commercial is marketing the brand assets and real estate to a range of potential buyers, including marine manufacturers, private investors, and maritime service operators [Vantage Commercial]. Investors can choose to purchase the Cherubini Yachts brand and the Delran manufacturing plant as a single package or in separate transactions. Ken Richardson and Vince Ceroli of Vantage Commercial are handling the listing.

Strategic Opportunities

“This is a unique opportunity to acquire a heritage American yacht-building brand with authentic history and strong market recognition,” said Ken Richardson, a partner with Vantage Commercial [Vantage Commercial]. Vince Ceroli, a senior adviser with the company, added that the combination of the Cherubini brand and the waterfront facility creates multiple strategic opportunities for buyers [Vantage Commercial].

Deals are subject to ownership approval and negotiated terms.