Skip to main content

Report details state of U.S. marinas

First Research created a new report on the U.S. marina industry.

Key topics covered in the report include an industry overview, quarterly industry update, business challenges, trends and opportunities, financial information, an industry forecast, a Web site and media links.

According to the report's executive summary, there are about 4,300 commercial marinas, excluding private yacht clubs, in the United States, with combined annual revenue of $3 billion.

Large companies include Westrec Marinas, Flagship Marinas, and California Yacht Marina. Only about 50 operators own more than one marina. Most marinas are privately owned, but some are operated by municipalities or state agencies.

About 40 percent of industry revenue comes from slip and storage fees, 25 percent from fuel sales, 15 percent from maintenance, and 10 percent from food sales. A typical marina has 50 to 100 slips. The industry is labor-intensive, with annual average revenue per worker at about $120,000, according to the report.

Click here for the full release.

Related

Northpoint

Northpoint Expands Marine Presence

Northpoint Commercial Finance has partnered with Elite Recreational Finance to offer retail financing.

BRP

BRP Reports 71% Increase in Q3 Revenues

The Sea-Doo manufacturer had total revenue of $2.7 billion, but North American marine retail sales were down 47%.

Airmar

Airmar Announces Training Dates

Certified Installer and SmartBoat system classes are being held this month in New Jersey and next year in New Hampshire.

Norm

The Survey Says …

Surveying customers to find out what they think about your business has never been more important.

1_MDI

Marine Development Inc. Changes Hands

Mick Webber, the former president/CEO and owner of HydroHoist, has purchased the company from its founders.

Screen Shot 2022-11-30 at 10.06.58 AM

Yanmar Reports Record First Half

Supported by overseas growth in construction equipment, generators and components, the company announced net sales of approximately $3.5 billion.

1_FWC.DERELICTS

FWC Accepting Vessel Turn-In Applications

The program disposes of unwanted, at-risk vessels before they become derelict at no cost to owners.

1_WAHLSTROM.ACQUISITION

Walstrom Acquires Grand Bay Marine

The transaction expands the company’s footprint in the Great Lakes region and brings the Regal, Starcraft, Godfrey, Bayliner, Robalo and Berkshire brands to Walstrom’s portfolio.

1_ROWE.OBIT

Indmar Co-Founder Dies at 95

A 20-year veteran of the U.S. Marine Corps, Dick Rowe dedicated himself to the recreational boating industry for more than four decades.