Fair Point Marina & Shady Shores RV Park, NY
The Background and Challenge
The Seller is a corporate attorney who was diligent in vetting brokers. We had several interviews and calls with him. We were delighted he chose Simply Marinas to assist him. He was an absentee owner and lived two hours away, so confidentiality was important since he relied on his team. The Seller had created tremendous value with expanding the slips and RV units as well upgrading the assets to first class facilities. We started with a complimentary valuation and consultation to advise him on the separate values of the RV Resort and the Marina Resort, as well as on the best plan to position the resorts for sale. He gained confidence in the process and our ability to help with the sale.
The Results
We presented the assets, one on one, to select buyers from our Simply Marinas Network. The stable income and steady growth of the assets were very attractive to our prospects that had immediate strong interest. We had the perfect buyer with both RV and Marina background within two weeks as well as a backup offer.
People are talking ...
"Simply Marinas did an extraordinary job finding a buyer for our combined marina and RV resort businesses. We had multiple offers close to our asking price within just a few weeks of listing. It’s clear they have access to a vast network of qualified buyers. They also provided invaluable advice to us throughout the process and helped us close the transaction quickly. Michelle and George Ash are smart, experienced, professional and a pleasure to work with. We highly recommend Simply Marinas to any marina or RV park owner looking to sell." - Seller, Fair Point Marina and Shady Shores RV Park – Lake Ontario – New York