Overview
The 3,500 marina companies in the US operate docking and storage facilities for water craft and offer boating-related goods and services. Most companies offer both temporary (overnight, daily) and long-term (annual, seasonal) rentals. Many marinas provide maintenance and repair services for boats. Companies may sell fuel, marine supplies, meals and beverages, and sports and recreational equipment. Some marinas offer boat rentals or sell boats.
Seasonality And Weather
Boating is a seasonal activity, particularly in markets with long winter periods.
Dependent On Boating Industry And Economy
Because boating is a recreational activity, demand for marina services is vulnerable to changes in the economy and the corresponding effect on the boating industry, particularly new boat sales.
Industry Financial Benchmarks
Here are typical financial statements for marinas.
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