The Consultative Development Process
Developers “going it alone” who lack support from experienced marina professionals face far greater challenges in achieving their planning objectives and ultimate goal of success than encountered in their past undertakings. A poorly designed facility, with rough waters, silting issues, lack of direct marketing support, operational considerations and inadequate access will negatively affect the boating experience and ROMI. Projects are often hampered when decision-makers impart their concepts of boating or the market onto the facility, avoiding these issues is paramount. With the right consultation, you will have not only the resources you need but partners throughout the process.
Marina Design & Management
During a 30 year span of marina and resort projects, MMCNV has developed contacts with a full spectrum of industry specialists that can support and provide unique design and construction skills. MMCNV conducts workshops with all involved parties in order provide the best opportunity to create a comprehensive plan for each project. Round table discussions on issues including the market, physical limitations, permitting, local/regional zoning, regulatory compliance, operational design, and economic feasibility are held and scope of work agreements developed.
Realistic management programs and daily operational oversight based on today’s ever changing marina needs and customer expectations is what we deliver at MMCNV.
The following disciplines are examples of those typically involved in the planning process:
• Architects with marine development experience
• Civil engineers
• Land planners and landscape architects
• Coastal and environmental engineers
• Dock and building manufacturers
• Legal representation and local zoning experts
MMCNV sets goals to produce an economically viable and profitable project without negatively affecting the opportunities for future development or neighboring properties. This master planning approach helps avoid costly mistakes and problems in the future.
Operation Manuals and Training
Training Guides will be provided both in hard-copy and in electronic form. We also offer training programs directed towards entry-level staff and seasonal help. The objective of the Training Guide is to deliver marina-specific skills and knowledge to workers in marinas and, where appropriate, boatyards.
Marina Acquisition Analysis
We will guide the planning process during the acquisition and maximize your project success. Some issues we will review during the planning are:
The Deal – Why is the opportunity a good deal?
The Market – A Comprehensive Competitive Analysis.
Operating After a Purchase – What are the issues I may face?
Deferred Maintenance – a fact of life.
P+L Review – are these figures facts?
When considering the purchase of a marina, it is paramount to have experience on your side. A few key factors that MMCNV will walk you through are:
1. Are there any environmental issues on the property?
2. What is the present and future market demand?
3. Are the expenses in line with the standard ratios for a marina business?
4. What is the age and condition of the docks, seawall, equipment and land-side buildings? The average life span of marina docks is about 25 years.
5. What if any, development plans in the area that can affect the business?
6. Are there nearby shops and services? How far would customers need to go for food and other shopping? Is it within walking distance?
7. Are there restaurants and entertainment close by for attracting transient business?
8. What is the real reason the business is for sale?
9. What is the actual value of the business?
It is crucial, as with all business investments, to find the best possible advice and guidance that you can. MMCNV has over 25 years in the marina business to assist you in your search, evaluation and negotiations.