Marinaappraisal.com | John Simpson, MAI

Marina Appraisal Blog

13
January

Someone pointed out to me the other day that I haven't blogged about lake marinas. Never one for leaving a thought on the table, I am compelled to rectify the situation. Why are Lake Marinas Different? Here's the punch list:

Different types of due diligence
Much smaller and more localized demographics and dynamics
Greater interdependence on other.

13
January

What Marina Cap Rates Are You Seeing?

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Posted by John Simpson

This question, or a variant of it, is the single most frequently asked question that I receive. I get it from marina owners, brokers and especially appraisers. I suppose they see me as a wild west gunslinger with a gun full of magic bullets (please tell my wife that!). So let me answer the question.

8
January

Secrets of the Marina Boat Sales Business – Part 3 of 3

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Posted by John Simpson

So far in Part 1 and Part 2, I've been building up to this post. We've seen how important having the right boat lines is to a boat dealer and explored the relationship between the boat sales business, repairs and the manufacturer (three sides of a triangle). We've even dabbled a little into.