Any interesting Marina services ideas?

by a searcher from University of Sydney

1 year ago

If you had an easy sell into a diversified mature portfolio of marinas, what are some niche services businesses/offerings out there that you'd invest in? Thinking beyond the basic lesiure craft hire/storage plays or fuel distribution etc...

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professional from University of South Carolina - Darla Moore School of Business

Depending on the region you are in, I think some helpful context would be to think about this in terms of what you are able to offer in season. Offerings during boating season are going to be more likely focused on additional products or services to sell while the off season might be more storage and maintenance related. Might be a good idea to attempt to maximize the off season offerings to allow for a smooth transition and less pressure.

1 year ago | like reply | 0 likes

searcher from University of Tasmania

Thanks ^Searchfunder member‌. Marina's is a RE estate play really. If you have rights to land around the Marina, consider building a few warehouses and rent them out to auxilary service providers. You get rent w/o the headache of setting up some thing new.
Service providers i have seen in my area - gyms, food service, sail repairs, dive centres.
Easier to play landlord than it is to run these businesses

1 year ago | like reply | 0 likes

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