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First recorded activity by BoatBanter: Jul 2006
Posts: 577
Default Death of a boat business.....

In Florida, attorneys can use their law licenses to act as real estate
agents.


"Dan" wrote in message
link.net...
HK wrote:
Wayne.B wrote:
On Mon, 23 Jul 2007 00:51:15 GMT, "NOYB" wrote:

The marina at Wiggins Pass had the only full service marina with travel
lift between Naples Bay and Fort Myers Beach.

It was a shame when that closed.

Absolutely. As competition dwindles the yards that are left will be
able to charge as much as they want and wait times for haul outs will
get longer. Even now it's like trying to get an appointment with a
Florida dermatologist.



When my father died, I had to decide whether I wanted to "inherit and
run" his marina in Milford, CT, or sell it. I gave it a full minute's
worth of thought, and then told our family lawyer, "sell it." My father
died in the early Spring. We immediately notified the customers the
marina would be closing the day after labor day. We had a buyer in early
summer, and closed in October of that year. The next spring, the marina
building was demolished, the dockage was sold off, and construction began
on condos.

Never once regretted the decision to sell. Never went back to see how the
project turned out.

Gave less than a minute's real thought to selling the boat store, which
was in a separate location. Once the inventory was sold off, the store
was put up for sale. The property sold, the store was razed, and there's
a strip mall there now.


Your family lawyer is also a real estate agent? He must be worth
billions...



 
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