Maple Leaf Marinas Acquires Three Muskoka Locations
By: BoatBlurb Staff
Maple Leaf Marinas has acquired three new marinas across Muskoka.
The company will now add Baysville Marina (Lake of Bays), Huntsville Marine (Fairy Lake), and Wawautosa Trading Post & Marina (Six Mile Lake), to its growing portfolio.
This adds to their already growing list of Muskoka locations. The company also acquired Walkers Point Marina on Lake Muskoka in late 2020.
The three facilities bring the company's portfolio to 15 total locations that serve more than 6,000 customers. The acquisition of Huntsville Marine also comes with several boat lines as part of the purchase, including Princecraft and Monterey.
According to Senior Vice President, Derek Lubert, “The addition of these three facilities will further strengthen the company’s business model which is based primarily on dockage, storage and service. These Marinas are 100% occupied, and have been serving a cottager customer base for over 4 decades. We plan on continuing, and improving on that customer experience.”
The company also announced the acquisition of 2.5 acres of vacant “marine commercial” land directly beside its Walkers Point Marina facility on Lake Muskoka. Walkers Point Marina is home to the company’s flagship Cobalt dealership.
Steve Tait, Vice President added, "the expansion at Walkers Point will include additional docks, dry stack racks and much needed parking spaces. We hope to begin construction later this summer with a Grand Opening slated for the spring of 2023.” The Walkers Point facility already includes storage for 600 boats, over 1200 existing customers, and a list of brands that includes Cobalt, Baja, Barletta, Rossiter, Scout, and Yamaha Waverunners.
Maple Leaf Marinas is Canada’s largest owner and operator of fresh water Marinas and is based in Midland, Ontario.