Per-foot rate

Definition

Slip rent charged by the linear foot, so the boats decide revenue more than the slips do.

Why It Matters

Two marinas with the same slip count can differ by half on revenue, because a basin that fits forty-foot boats earns nearly twice what one built for twenty-footers does and costs about the same to run in January. Boats have also grown steadily longer, so a marina that cannot be reconfigured is losing its market slowly. Ask for the rate card, the slip inventory by length, and the waiting list by length, since the waiting list is where the mismatch shows.