BUYING A MARINA
Buyers are drawn to the marina industry for a variety of reasons. Some are seasoned real estate investors looking to capitalize on the potential for increased cash flow and appreciation in an industry with high barriers to entry for newly developed competition. Others are experienced marine professionals making the transition from employee to owner. Some are “Lifestyle Buyers”, interested in the lure of working at something they love. Many are existing marina owners who can benefit from the economies of scale derived from operation multiple locations.
Whatever your buying motivation, National Marina Properties Group can help you identify the best opportunity for your goals and help you judge the value and condition of your acquisition target. When representing marina buyers, we:
I. Assist the prospective purchaser in developing a profile of the location, size and type of operation to meet their goals and budget.
II. Using our database of over 1,000 marinas and marine businesses, we develop a target list of assets of properties both on and off the market that meet their buying criteria.
IV. National Marina Properties Group will assist our clients in analyzing the data to develop a value of the property from the buyers' prospective.
V. We handle the negotiations involving price, terms and all other deal points both large and small to get the best deal of for our client.
VI. Once the agreement is signed, we gather all the needed due diligence materials, coordinate the scheduling of expert inspections, review the results of the investigations and advise our clients on how to handle any issues raised by the inspectors.
VII. At National Marina Properties Group, a representative will attend closing to verify all calculations and prorations and advise our client on any issue raised at closing.
For a confidential discussion of your marina acquisition goals please contact us.
6/6/2017 12:00:00 AM