Southeast Marina Market by Polly Fuqua

Marina and Marketing Idea Discussions For Owners, Current Resorts For Sale. Questions for Marina Specialist from Sellers and Buyers? Our industry relationships, repeat clientele and referrals has been key for us. We leverage all of our resources including a strategic marketing plan to reach around the GLOBE that best fits your needs! We need each other to keep everyone up to date of the next hottest technology, lending secrets, fun marketing items... anything you want to address!

Saturday, February 19, 2011

2011-marinas-are-first-to-come-out-of-recession

Marina Dockage Post, One of Three Last Years Sales

In Tennessee, Wisdom Dock Marina on Dale Hollows Lake was sold to Jim Figuardo, who also owns Grider Hill Dock on nearby Lake Cumberland, for slightly more than $6 million. Figuardo said that he expects to take some immediate steps to expand the marina by adding new docks and slips.
The previous owners of Wisdom Dock Marina, Paul and Judy Boggs, had owned the facility for 28 years and were planning to retire. They are delighted with the sale price for the full-service marina that has 175 slips, as well as a houseboat, pontoon, and toy rental program, and much more, according to Polly Fuqua, who acted as the marina business broker for this transaction.
Date: January 18, 2010