Boating Lake Mead

What Boating Lake Mead does

Boating Lake Mead (legal entity: Gripentog Enterprises, Inc., dba Las Vegas Boat Harbor, Inc.) is a family-owned boat dealership and full-service marina operator established in 1957 and controlled by the Gripentog family across multiple generations. The company operates two marina properties at Hemenway Harbor on Lake Mead in Boulder City, Nevada — Las Vegas Boat Harbor and Lake Mead Marina — which together comprise approximately 1,500 wet slips, making it the largest privately owned marina in the world. It holds an authorized National Park Service concessionaire contract granting exclusive vessel-sales rights within the Lake Mead National Recreation Area, plus an additional Boulder Highway showroom (Dry Dock Boat Sales), a parts/service center (Marine Center of Las Vegas), and Las Vegas Bay dry storage. The company is led by General Manager Candice Hayes with family-ownership oversight.

The company generates revenue across five discrete streams: (1) new boat sales as a multi-brand authorized dealer for Sea Ray, Yamaha Boats, MasterCraft, Bayliner, Bennington, Boston Whaler, Lund, Monterey, Crest, Heyday, and Sumerset, with new inventory priced from $34,889 (Bayliner E18) to $629,720 (Sea Ray 320 Sundancer); (2) used boat sales including brokerage and consignment for vessels up to 70 feet; (3) usage-based rentals of sport boats ($120-$720), pontoons ($630-$660/day), Yamaha WaveRunners, kayaks ($25-$100), and paddleboards; (4) recurring monthly moorage subscriptions ($217-$1,050) and dry storage ($80-$225); and (5) marine service, parts, financing facilitation, trade-in appraisal, and HydroHoist boat-lift sales. Distribution is omnichannel: physical showrooms, on-water sales offices, walk-in rental counters, and the MarinaPro mobile app for self-serve reservations and digital contract execution.

The customer base is exclusively individual recreational boaters, families, watersports enthusiasts, and kayak/SUP users in Southern Nevada and the broader western United States. Go-to-market combines physical retail presence with seasonal showroom events (June Showroom Savings Event), organic social channels (Facebook, Instagram, Pinterest), email, and the MarinaPro app. There are no disclosed external investors, no institutional capital, and no public-market presence; the company is a privately held, family-controlled operating business with 51-100 employees.

Name

Boating Lake Mead

Legal name

Gripentog Enterprises, Inc.

Website

https://boatinglakemead.com

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

51–100 employees

Short description

Boating Lake Mead is a family-owned boat dealership and marina operator (Gripentog family, since 1957) running the world's largest privately owned marina at Lake Mead with approximately 1,500 slips, offering new/used boat sales, rentals, moorage, storage, and marine service to recreational boaters in Southern Nevada.

Ownership category

akta.pro rank

Product category

Marina and Boat Dealership Services

NAICS

Marinas (713930), Boat Dealers (441222), Ship Building and Repairing (336611), Other Support Activities for Water Transportation (488390)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Boat & Personal Watercraft (PWC) Retail (CRAMAIAA)

akta.pro secondary industry

Personal Watercraft (Jet Ski / Sea-Doo) Rentals (THADAHAJ)

Keywords

• Boat sales
• Boat rentals
• Marina services
• Boat storage
• Marine service

Headquarters

HQ city

Boulder City

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. New Boat Sales: Sale of new boats including Sea Ray, Yamaha Boats, MasterCraft, Bayliner, Bennington, Boston Whaler, Lund, Monterey, and Yamaha WaveRunners. Revenue generated from one-time purchases with financing options available.
2. Used Boat Sales: Sale of pre-owned boats including houseboats, wake boats, sport boats, pontoons, and personal watercraft through consignment and dealer inventory.
3. Boat Rentals: Daily and hourly rental of sport boats, pontoon boats, kayaks, paddleboards, and waverunners. Full-day reservations required; walk-ins available on first-come-first-served basis. Boating safety certification required for motorized rentals.
4. Moorage/Slip Fees: Monthly slip rental fees ranging from $10.85-$17.50 per foot depending on slip type (open, covered, end tie) and location. Additional charges for power surcharge. Covers boat parking at Las Vegas Boat Harbor and Lake Mead Marina.
5. Boat Storage: Dry storage and enclosed dry storage at Las Vegas Bay facility. Open dry storage $80-$100/month depending on boat length; enclosed dry storage $225/month.
6. Marine Service & Parts: Certified marine service shop providing maintenance, repairs, detailing, and parts sales for boats of all sizes. Service available at Lake Mead Marina and through Marine Center of Las Vegas.
7. Overnight Boat Parking: Nightly slip rental for boats and personal watercraft. Boats up to 34' $35/night; boats 35'+ $50/night; PWC $25/night. Shore power available upon request.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Boating Lake Mead is a family-owned boat dealership and marina operator (since 1957) that sells new and used boats from brands such as Sea Ray, Yamaha, MasterCraft, Bayliner, Boston Whaler, and Bennington, and rents sport boats, pontoons, kayaks, paddleboards, and WaveRunners at Lake Mead. It also operates Las Vegas Boat Harbor and Lake Mead Marina with approximately 1,500 combined slips (the largest privately owned marina in the world) and provides supporting services including slip moorage, dry and overnight storage, marine maintenance and repair, parts, financing, trade-ins, consignment, and boat lifts.

Product overview

Boating Lake Mead is a family-owned boat dealership and marina operator (owned by the Gripentog Family since 1957) offering a comprehensive range of boating products and services. The company operates as a multi-location business with new and used boat sales (featuring brands like Bayliner, Yamaha Boats, Sea Ray, Boston Whaler, MasterCraft, Lund, Bennington, Monterey, Crest, and Sumerset Houseboats), boat rentals (sport boats, pontoons, kayaks, SUPs, and waverunners), full-service marina facilities (slip moorage, dry storage), marine maintenance and repair, financing services, and complementary products including boat lifts, outboard motors, and trailers. The company operates Las Vegas Boat Harbor and Lake Mead Marina at Hemenway Harbor, Lake Mead, plus a showroom and service center on Boulder Highway in Las Vegas.

Differentiator

Problem solved

Functional benefit

Products and services

• New Boat Sales Sale of new boats from multiple manufacturers including Bayliner, Yamaha Boats, Sea Ray, Boston Whaler, MasterCraft, Lund, Bennington, Monterey, and Crest pontoon boats, with financing options for individual consumers.
• Used Boat Sales

Quantifiable outcome

• Year-round boating access in Southern Nevada's favorable climate

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• National Park ServicecoreStrategic or Co-development PartnerLas Vegas Boat Harbor, Inc. is an authorized concessionaire of the National Park Service. This partnership grants exclusive rights to operate boat sales, rentals, and marina services within the Lake Mead National Recreation Area. Las Vegas Boat Harbor is the only marina with dealership license to sell vessels within the park.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• MarineMax: Largest recreational boat retailer in the United States with a growing marina portfolio. Directly comparable in operating a multi-brand boat dealership plus marina/storage business serving recreational boaters.
• OneWater Marine: Public boat retailer with a portfolio of dealerships and marinas across the U.S. Closely comparable in combining multi-brand boat sales with marina operations and service centers.
• Suntex Marina Investors: Largest standalone operator of marinas in the United States, focused on slip rentals, dry storage, and marina-related services. Directly comparable on the marina operations, moorage, and storage side of the business.
• Safe Harbor Marinas: Major U.S. marina operator with hundreds of locations offering slip rentals, storage, service, and boat sales. Comparable as a large multi-location marina and service operator serving recreational boaters.
• Callville Bay Marina: Direct in-lake competitor operating a marina at Lake Mead NRA under a separate NPS concession. Most directly comparable peer — same lake, same regulatory regime, same end-customer base.

Broad incumbents

• Brunswick Corporation: Diversified marine manufacturer (Mercury Marine, Boston Whaler, Sea Ray) — a key OEM supplier and brand partner to Boating Lake Mead. Comparable as an incumbent in recreational marine manufacturing and brand portfolio management.

Others

• West Marine: Largest U.S. specialty retailer of marine parts, accessories, and supplies. Comparable as an adjacent marine retail and parts ecosystem participant serving the same recreational boater customer base.
• Bass Pro Shops: Large outdoor recreation retailer with marine/boat offerings, Tracker boats, and marina services. Comparable as a broad outdoor/boating retail ecosystem player.

Regional players

• Lake Powell Marina & Adventures: Operates marinas, boat rentals, and houseboat charters at Lake Powell. Comparable as a regional multi-location marina and rental operator in the Western U.S. reservoir market.
• London Bridge Resort / Bridgewater Channel Marina (Lake Havasu): Lake Havasu marina and resort operator offering boat rentals, slip moorage, and watersports services. Comparable as a regional marina/rental operator on a competing Western U.S. reservoir destination.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/boatinglakemeadsales
• Instagraminstagram.com/boatinglakemead/?hl=en
• Pinterestpinterest.com/boatinglakemead
• Xx.com/BoatingLakeMead
• LinkedInlinkedin.com/company/marine-center-of-las-vegas

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boating Lake Mead