I’m interested in purchasing a Marina and have had a hard time comparing what it’s worth based on the repairs? So much more to consider when purchasing something like this.
Great points. Thanks for sharing. How do owners who run their marina at "breakeven"" reconcile with this one: "every dollar of net income on your P&L is worth $12.50 in value in your marine when it comes time to sell" Or how does a buyer value a marina on their reported break even financials?
I’m interested in purchasing a Marina and have had a hard time comparing what it’s worth based on the repairs? So much more to consider when purchasing something like this.
Great points. Thanks for sharing. How do owners who run their marina at "breakeven"" reconcile with this one: "every dollar of net income on your P&L is worth $12.50 in value in your marine when it comes time to sell" Or how does a buyer value a marina on their reported break even financials?