Opinions on Marinas

searcher profile

February 10, 2022

by a searcher from Rice University - Jesse H. Jones Graduate School of Business in Houston, TX, USA

Hello Everyone,

I am interested in hearing opinions on marinas. Are they profitable relative to other asset types? What are pros/cons? I’d also love to hear personal experiences and feedback. Thanks in advance!

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commentor profile
Reply by a professional
from University of South Carolina in Chicago, IL, USA
Personally interested in the space but without experience on operations front for these businesses. Understand that it can be sticky rental revenue with additional earning opportunities for services etc.

Recent article about consolidation of top companies in the space was featured in WSJ.

https://www.wsj.com/articles/marina-business-gets-lift-from-pandemic-boat-sales###-###-#### ?st=8bdmwan25bo80cl&reflink=desktopwebshare_permalink
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Reply by an investor
from Union College in New York, USA
I think it's super interesting. No personal experience or agenda here.
I recently read this piece on a public company called OneWater https://goldridgecapital.substack.com/p/onew.Another public marina owner MarineMax https://investor.marinemax.com/overview/default.aspx you should be able to check out their public filings to gain some insight into the industry, good luck.
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