Solving a Complex Marina Sale Under Tight Deadlines Exclusive Confidential Offering - The Simply Marinas
Team Represented Seller and Buyer
This is a full service marina with 600+/- dry boat storage spaces and 200+/- wet slips located on 21+/- acres owned by the Port. It is a state certified clean marina, retailer and boatyard. Most of the net income is derived from boat storage and third-party commercial tenant rents. Guests have access to a full suite of amenities, notably: ships store, fuel dock, and restaurants.
Boat Tree marina was a familyowned leasehold marina that needed to be sold under strict Port Authority deadlines that required the incoming owner to guarantee a major dock replacement project. Success depended on finding not just a buyer, but one with financial capacity, development expertise, and credibility to meet the Port's requirements. By connecting the sellers with the right purchaser and coordinating closely with all parties, we delivered a successful closing that met the Port Authority's requirements, protected the family's interests, and positioned the marina for its next phase of growth.
The Simply Marinas team exemplifies the values of a caring family business with integrity, loyalty, flexibility, and commitment. They have been the ideal partner for our family. Their support during our sale process was invaluable, providing highly professional assistance along with impressive resources and connections within the marina industry. They consistently went above and beyond, helping us with pre-sale groundwork, due diligence, marina insurance, navigating local government regulations, and facilitating the financing process. We are thrilled that we chose to work with them and it has been a pleasure.