We implement site-specific solutions for human resources, accounting, marketing, purchasing, maintenance, and risk management to maximize profitability.
Making your marina more valuable.
Marina Management Services Inc. (MMS) is a focused team of highly accomplished and experienced professionals. Our driving force is to focus on a marina or boatyard’s competitive position to enhance its profitability. MMS’s experts are committed to providing exceptional management for our marinas. By garnering experienced human capital, we can raise the level of service and value for every marina that needs assistance. These proven successes are adapted into marinas and boatyards throughout the world.
By maximizing the strengths of our individual managers and corporate staff, we are able to develop a strong, efficient, and very loyal team of dedicated employees for each facility. MMS prides itself on its operating efficiency, detailed accounting systems, and culture of exceptional customer service it provides each individual marina within the management portfolio.
Our company’s site-specific programs are geared towards increasing revenues, through sound business planning and strategy. The MMS program focuses on staffing, effective and simple operating policies and procedures, risk management, purchasing consolidation, marketing and financial controls. With centralized accounting systems and uniform procedures, we streamline cash flow and provide timely financial reporting to help owners and on-site management closely monitor each marina’s daily and long-term progress.
There are two basic types of management programs MMS offers its clients. The first is a management oversight program and the second is 3rd party management services.
Oversight Management Program
An MMS oversight management program provides an independent perspective on a marina and insures owners and lenders that their interests are being protected and improved. We provide the owner with ongoing physical, financial, and marketing recommendations, and continually strive to improve the value of the property. We achieve these objectives through monthly visits to the property and consultations with the owner and staff to review the implementation of prior recommendations. We provide advice on maintenance and capital expenditure issues to assure that the property will sustain and improve its income potential. By creating specific financial benchmarks for the property, our progress is measured as well as the properties progress.
3rd Party Management
With MMS’s 3rd Party management service, MMS takes control of the marina’s day to day operations while providing the same consultation as the oversight management program. This service is geared toward absentee ownership and owners not familiar with the intricacies of the marina asset class. With the full management program, we are able to offer our client’s our marina management system and financial controls with flexible reporting formats to allow the client to design a reporting package that fits their needs. MMS will design & implement site specific policies and procedures, hire and train staff, produce monthly financial reports, and strive to improve the value of the overall property. Please contact us to request a list of clients that MMS has had a management relationship with, or download our E-Brochure here.