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This is Fred Ball for Zions Bank, speaking on business.
Fred Ulrich has been fixing motors since he was a kid. He started with mini bikes and lawnmower motors, eventually adding cars and boats to the list. Fred has been fixing and selling boats from his store, Fred's Marine, to boating enthusiasts in Utah for 23 years.
Fred got into the business after his friends lamented there wasn't a place in town to get their boats fixed. Although Fred had experience in fixing motors, he needed more experience in fixing boat motors. He worked at a boat shop repairing engines, eventually working his way into management. A local boat dealership had recently gone out of business, and the bank had repossessed the store's items. Fred went to the bank, bid on the items and operated a mobile business fixing boats for a summer. Finally, Fred opened a permanent shop for his boat repair business in 1981.
Today, Fred's Marine located in Layton, has 12 employees during the busy months. Fred prides his shop on its ability to fix boats quickly. He knows the frustrations of waiting weeks for a part to arrive and thinks boat owners shouldn't have to wait too long. Most of Fred's customers are back on the water within one week.
Aside from repairs, Fred's Marine sells parts and accessories for boats. The store carries the Bryant boat line, a line of boats known for its quality workmanship. Because Bryant only builds 400 boats each year, most of the boats Fred gets in his store are boats his customers have special ordered. Fred likes Bryant Boats because they are 100 percent wood free, upscale and reasonably priced.
Fred has enjoyed his business but says he's excited to do a little more boating himself when he retires. When Fred does eventually retire, he plans on keeping the business in the family. Several of his sons and daughters have worked at Fred's Marine for years, and Fred hopes they'll continue the business for many more years to come.
For Zions Bank, I'm Fred Ball. I'm speaking on business.