Egg Harbor Yachts was a family-owned company that built luxury motor yachts in Egg Harbor Township, New Jersey. The company was founded in 1963 by brothers Bob and Bill Healey, and operated for over 50 years. In 2017, the company ceased operations and filed for bankruptcy.
The Healey brothers began their boatbuilding careers working for Chris-Craft. In 1963, they left Chris-Craft to start their own company, Egg Harbor Yachts. Their first boat was a 36-foot fiberglass cruiser named Miss Egg Harbor. The company quickly gained a reputation for building high-quality, luxurious motor yachts.
In the early 2000s, the Healey brothers sold the company to private equity firm JLL Partners. Under new ownership, the company expanded its product line and increased production. However, sales began to decline during the recession of 2008-2009. In 2017, faced with dwindling sales and mounting debt, Egg Harbor Yachts ceased operations and filed for bankruptcy protection.
While it is sad to see such a iconic yacht builder go out of business, it is not surprising given the state of the economy in recent years. We hope that someone will step in and buy the company so that we can once again enjoy these beautiful boats on the water.