Marinas and Boat Yards

Marinas and Boat Yards  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

The Waterways Journal Inc.
Marina Dock Age
http://www.marinadockage.com/

Monthly business magazine features news and information for marina owners and managers, with special features including excerpts from the "AMI Marina Trends Survey Report" (December issue) which provide information on product/service revenues, occupancy rates, slip/service rates, gross profits, and expenses by facility type, age, and size (e.g., number of slips) and geographic region.

Marinas
http://www.firstresearch.com


Association of Marina Industries
Publications available from this organization include:

AMI Marina Trends Survey Report
https://marinaassociation.org/
Annual survey of coastal and inland facilities provides information on product and service revenues, occupancy rates, slip and service rates, gross profits, and operating expenses by facility type, age, and size (e.g., number of slips) and geographic region (e.g., Northeast, Midwest, South, and West). Selected excerpts from the survey are available online in the December issue of Marina Dock Age.

Marina Operations Manual
https://marinaassociation.org/
Operations manual addresses the various aspects of successfully managing and operating a marina, with topics covered in the manual including customer service, marina operations, housekeeping and maintenance, inspection and safety checklists, accounting and office procedures, job descriptions, employment policies, and environmental management. Detailed table of contents is available online.

American Boat Builders and Repairers Association
Boatyard Resource Guide
http://www.abbra.org/

Third edition of this resource guide (previously entitled the "Boatyard and Marina Operators Manual") provides a selection of articles focused on successfully managing and operating marine service and repair facilities, with topics covered in this guide including formulating a strategic plan, preparing for severe weather and hurricanes, and understanding environmental law and how it affects operations.

Industry Financial Ratios
Marinas and Boat Yards
http://www.bizminer.com  Search for "713930"


Marinas
http://www.firstresearch.com

Financial information section of this profile provides income statements, balance sheets, and financial ratios by company size based on annual revenue for companies that rent slips (dockside spaces) and moorings (anchored buoys) to recreational boat owners and may also provide boat storage and repair and maintenance services and sell fuel, food, beverages, equipment, and other related merchandise.

Association of Marina Industries
Financial Operational Benchmark Study for Marina Operators
https://marinaassociation.org/

National benchmark study provides operational and financial performance measures for marinas, with topics addressed in the report including facility characteristics, employee staffing levels, revenues and expenses (e.g., revenue by services offered, key operating expenses, owner compensation, and profit margins), and financial ratios (e.g., liquidity, asset management, long-term debt, and return on equity).

Association of Marina Industries
U.S. Marina Wage Rate Survey Report
https://marinaassociation.org/

Annual wage rate survey provides information on compensation and benefits for personnel employed in marina operations, with salary and wage data broken out by geographic region (e.g., New England, Mid Atlantic, South, Florida, Great Lakes, and West) and job positions covered in the report including general manager, office administrator, yard manager, fork lift operator, dockhand, and yard assistant.

American Boat Builders & Repairers Association
ABBRA Compensation and Benefits Survey
http://www.abbra.org/

Annual wage survey provides salary, hourly wage, and benefits information for personnel employed in the boatyard and marine service and repair sectors, with survey data broken out by geographic region and business size based on annual revenue for boatyard services and job categories covered by the survey including general manager, service manager, mechanics, dockhands, and general yard labor.

Appraisal Institute
Resources available from this organization include:

Marina Valuation Overview
Gerald H. McDonough, MAI, FRICS, Appraisal Institute, 2013
http://www.appraisalinstitute.org/
Webinar addresses the unique features and characteristics of these properties, with topics covered in this presentation including industry trends, upland and marina basin features, types of docks, revenue sources, income and expense ratios, deferred maintenance, capital expenditures, capitalization rates, units of comparison (e.g., price per slip versus price per linear foot of slips), and notable transactions.

Valuation of Marinas
John A. Simpson, MAI, CCIM, IFAS, Appraisal Institute, 1998
http://www.appraisalinstitute.org/
Valuation guide examines the unique features of marinas and what makes them different from valuing other properties, with topics covered in this guide including site and building characteristics, business elements, applying the cost, sales, and income approaches, and special considerations such as boat slip rental or ownership structure (e.g., co-op, club membership, dockominium, and long-term lease).