What's it like to own a Marina?

kwblank77

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Apr 24, 2015
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I'm an avid boater and I always wanted to own a marina. There is one for sale in my area and I wondered if anyone could give me some insight to what it is like owning one. I'm in Pittsburgh so it is a short boating season and the docks have to go in and out every year. Do you think the marina needs to have some kind of food service, gas, service, etc. Can you really make money with a marina?
 

southkogs

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Jul 7, 2010
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Can you really make money with a marina?
Location, location, location.

If you're in a general boating area, but low traffic and you're kinda' a gas station on the water: you can probably do okay. If you're in a resort or metro area and you can find a way to make yourself a destination - I wanna' have dinner at ... buy bait at ... etc. - then you can do real well.

I've not owned one, but there are several here in TN that very impressive. Others that just hang in.
 

bonz_d

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Apr 22, 2008
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5,274
I guess the question is also do you want to be just a repair/service shop with docks or do you want to be a dealer also? Different types of business with differing problems and clients.
 
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