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Chuck Gould Chuck Gould is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 3,117
Default What did your boat dock..................


JimH wrote:
........cost you this year? How big is your dock and what amenities
does your marina offer?

For us, $1,525. Drive up dock, 25 foot floater with water, electric
and dock box. The marina has 250 slips total, a pool, clubhouse and
top notch mechanics. The owners (3rd generation) live on site.

http://www.romps.com/

We moved to this marina because of our bad experiences with the dufus
*OMC Certified* mechanics at the marina we were at last year.

So how about you?


Moved from open moorage (about $5k per year in a "public" marina) to
covered moorage at over $6k. My covered moorage is something of a
"deal", as the owner plans to leave the cover on and pass along the
cost of meeting the new fire codes. Will probably be $7k - $8k per year
at that point. It's possible to pay the same per month for open moorage
in this area if you don't shop carefully- and the moorage market
hereabouts is always a sellers market. Fixed or diminishing supply,
increasing demand.

A few years ago, our local marina owners' association hired an advisor
to speak at one of their meetings. His message: "Raise your moorage
rates constantly. Do not try to keep your rates down to where your
slips are always filled. Shoot for about a 20% vacancy rate.
When you are 20% vacant because of higher rates, your overall revenue
will be more than it was with all of the slips filled at a lower rate
and your expenses will be less because you are providing services to
fewer boats."

Truth is, they can raise the cost of moorage as much as they want to-
and for folks who want to own and enjoy a boat too large to haul out
onto a trailer and park in the driveway (consequently pizzing off the
neighbors) there are few alternatives.