3 ms·
Safe Harbor I think buys marinas as owners age out of them. A marina tends to start out small and grow over time under a single owner, until they are successful
by aaronax 3y ago
Safe Harbor I think buys marinas as owners age out of them. A marina tends to start out small and grow over time under a single owner, until they are successful yet unattractive for any one other individual to plunk down $x million. So they get bought up by the big org and it gets harder to find reasonably priced mom and pop marinas.