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MANAGEMENT FOR MARINA INVESTORS:

Marina investment isn’t only about buying and selling marina properties. To turn a profit, you’ll rent out your births to give you a steady rental income.
Your marinas should appreciate in value until you sell them. Renting out even one marina can be difficult and time-consuming. So, growing your marina portfolio will mean more work for you. Marine Project is in all things marina management. Here, they give insight into the different methods of managing investment marina properties. Read on to find a property management system that helps you meet your investment goals. Over 15 years, we have Marine Project has proven to be good at this: Foreclosure stabilizations for the marina, dry storage, and boatyard facilities. Turn around marina projects. Existing marinas productivity analysis. Takedowns. Any marina operations – short term or long term. Marketing and preparations for sale. Creative additional revenue streams. Connectivity with Marine Project network.

WHAT IS MARINA MANAGEMENT ABOUT

Complete Marina Management by Marine Project
from 5,500€+ a % of Gross Receipts.

Management fee dependent upon marina property size location and complexity:

  • Complete marina operational management. Monthly scheduled marina property inspection by Marine Project.
  • All Marketing/Social media strategic planning and promotion.
  • All booking administration, central booking office.
  • Regional market comps and positioning support.
  • Accounts payable, receivables oversight & management.
  • Monthly bank statement reconciliation.
  • Complete monthly financial reporting including profit & loss statement, balance sheet, rent roll.
  • Annual marina operating budget month by month planning, complete with projected cap-ex expense and complete anticipated labor cost breakout.
  • Equipment, dock, building, fuel system appraisal, and recommended maintenance & upgrades
  • Daily management protocols and operational checklist development.
  • Dedicated IT support. (Subject to additional fee).
  • Managed payroll services.
  • Dedicated HR support.
  • Employee Handbook and training.
  • Available Master Plan Insurance Package: Marine Project and property insurance bundled plan.
  • Proven, Storm, and post-storm recovery resources complete with claim, recovery, rebuilding management services.

NOTE: All packages subject to travel-related expenses (board, travel, meals, etc.) invoiced at cost plus 10% (supporting documentation provided). The price shown is minimal monthly fees. Complex/large or Association-owned/managed properties priced individually and subject to complexity. Initialization (one-time setup) fees apply for all packages. Individual packages may be combined with additional services “a la carte”.

BOATYARD & MARINA OPERATIONS

  • Lifting and Slipping Yachts
  • Storage Ashore
  • Boat Movements and Sea Trials
  • Mast Movements
  • General Repairs to Yachts & Super yachts
  • Storage and use of Hazardous Materials
  • Electricity Supply
  • Water Supply
  • Commercial Vessel Boatyard Operations
  • Lifting and Slipping Vessels
  • Health & Safety
  • Storage Ashore
  • Boat Movements and Sea Trials
  • Hot works
  • Storage and use of Hazardous Materials
  • Water Supply
  • Project Managing Refits and Builds
  • Project Planning
  • Preparing Quotations
  • Financial Management
  • Management of the Project
  • Quality Assurance and Control
  • Change Orders
  • Use of Subcontractors

ADVANCED PROFIT-MANAGEMENT

  • Profit-center management/Capital Budgeting
  • Regulations and permitting
  • Marina reconstruction and retrofit
  • Marina law/risk management and loss control (individual contract review)
  • Improving the quality and value of services
  • Policy and procedure manuals
  • Business strategy
  • Marketing and Promotion
    Strategic Planning

BOATYARD & MARINA DEVELOPMENT

  • Understanding the Requirements
  • Boatyard Design
  • Marina Design
  • High-Risk Areas
  • Infrastructure development
  • Weather and climate considerations

POLICIES & PROCEDURES

  • Safety Management System
  • Permit to Work Systems
  • Emergency Procedures
  • Health and Safety
  • General Security
  • ISPS Code
  • Environmental Threats
  • Risk Assessments
  • Fire prevention
  • Housekeeping

ACCIDENTS & INCIDENTS – PREVENTION

  • Occupational Health & Safety Legislation
  • Legalities and Responsibilities
  • Risk Assessment
  • Safety Management Systems
  • Personal Protective Equipment (PPE)
  • Accidents, Health Hazards and First Aid
  • Yacht & Small Craft Hazards
  • Working Together
  • Customer Communications, Ethics And Client Relations

LEGAL ASPECTS

  • Introduction To English Law And The National Legal System
  • The Law of Contract
  • The Law of Tort (Negligence)
  • Liability in Contract and Tort
  • Responsibilities
  • Maritime Law
  • International Marine Law
  • Government Control of Shipping
  • Yacht/Boat Refit or Repair
  • Sale And Supply of Goods
  • Trade Descriptions
  • Marine Insurance
  • Pollution

SUCCESSFUL BOATYARD & MARINA

  • Business Plan
  • The Business Plan
  • Business Set-Up
  • Accounts and Finance
  • Financial Planning Tools
  • Sales and Marketing
  • Business Analysis – Swot Analysis
  • Business Risks
  • Personnel
  • Customer Communications, Ethics And Client Relations
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