As a Marina Owner, what is the typical payback I can expect?
By using the marina forklift to handle boats, off-water sites can accommodate double, triple or even quadruple the quantity of stored boats in comparison to a ground-level storage lot. Payback can be as little as one season. For example, assuming a 3 level rack storing at total of 12 boats at an average length of 26 feet at a cost of $10 per foot, the revenues generated would be $ 3,120 per month. Additional ancillary revenues can be generated from Chandlery supplies, fuel sales and maintenance repairs associated with the increase in the number of boats. In most cases, payback for a free standing rack storage systems can be far less than 2 years. Some marinas will also consider selling a rack slip as part of a membership to a club or as if it were a piece of real estate similar to a condominium or dockominium.
