Florida  |  Business Law

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10/15/09, 11:03 pm

Legal Question


I bought the distribution rights for most of Florida to sell and market a new range of small power boats,, the key to success here was a Harley davidson powered boat,, we did masses of homework and research and found that the potential is massive, just selling to one sixteenth of one percent of the people in my territory would have been hugely successful..I took delivery of my first 3 demo boats, they are a mess, i had them inspected by a marine architect who confirmed the state of the boats,, i find out the Harley Powered boat is no where near ready for market and may never be, all contrary to what i was told and what I saw when i visited the factory. I have spoken to other dealers in other states seems like we were all lied to and have faulty boats. The owner of the company has had many differant businesses all of which he franchised and sold,, this one now was established earlier this year,a lot of territories have been sold , a lot of people lost money and is already up for sale.We have lost in excess of 100k, we have nothing to sell.. do we have recourse for getting our money back, damage, loss of profits, and loss of expectational losses, we know this would have been a huge success ,, even the owner of the business claims a profit of 30 million in 5 years on his business sale listing.. Thank You


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