Thread: Marina for sale
View Single Post
Old 01-26-2010, 01:22 PM   #13
ishoot308
Senior Member
 
Join Date: Feb 2008
Location: Gilford, NH / Welch Island
Posts: 6,276
Thanks: 2,400
Thanked 5,288 Times in 2,059 Posts
Default

Quote:
Originally Posted by TomC View Post
how could anyone generate enough revenue at a marina in <6 months to cover that kind of purchase price ($2M)?

I don't know how you could make a go of it..
Hi Tom;

The thing you must remember is most marinas store boats over the winter and it's not cheap. Yes, they are not making money on service or ships store purchases, but they also have limited or no staff to pay and no services like electrical and other summer time necessities, so it's really not a 6 month business.

Dan
ishoot308 is offline   Reply With Quote