Strong Interest in Marina Acquisitions Continues – Valuations Change: 2022 Going into 2023 The Simply Marinas team has hit the ground running in 2023 and seeing continued strong interest in marina acquisitions. In spite of the higher interest rates and...
There are a host of unique aspects to consider when deciding in which region you’d like to buy a marina. Operations, income and upside all play a deciding role, but factors like seasonality, type of boaters and boats, and services can all be dictated just by the...
When we work with potential buyers of marinas, we make sure they understand that a marina is more than just a place to store boats. It is a complex business that can combine hospitality, service, and, yes, storage. For today’s boater, the more service and hospitality...
There is a trifecta in place right now guiding the boom in marina sales. First, according to Marina Dock Age magazine’s annual survey, the average length of time that marina owners and operators have been in place is rather high with about 64% having been at the...
If you follow the marina industry at all you may have noticed that marinas are changing hands at breakneck speed. Where once investors shied away from a business that has many facets and, to some, can be just plain hard to understand, now they are lining up to get...
The U.S. Federal Reserve increased the federal funds interest rate yesterday by a quarter-percentage point to 0.25-0.50 percent. It is the first increase in the lending rate since 2018. “Inflation remains elevated, reflecting supply and demand imbalances related to...
