purchase a new boat mainly to put into a charter program?

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Jan 22, 2008
8,050
Beneteau 323 Annapolis MD
Tim C350 from Seattle- the Beneteau 322 I chartered last week has a holding tank. It has a simple valve that drains by gravity, with no macerator or outlet pump. It's the only BVI Charter boat I've ever been on.
I'm with Tim about the holding tanks non-existance for the most part. It is nice to have some hope that the 322 does not dump in the harbor, but probably does it out in the channel.
 
Oct 22, 2008
3,502
- Telstar 28 Buzzards Bay
Unfortunately, that design is popular with the charter companies, and doesn't really make much sense for long-term cruisers.... which is one reason I'd never go with a charter boat.
The other charter boat design I do not like is the galley along the side of the salon with minimal handrails and no way to wedge yourself in to cook or prepare drinks/food. Very dangerous setup. This is a popular european design. I like my little galley where I can wedge my hips against the handrails and reach the utensils, cookware, cabinets, trash bin, sink, stove and icebox without moving.
 

Tim R.

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May 27, 2004
3,626
Caliber 40 Long Range Cruiser Portland, Maine
Tim C350 from Seattle- the Beneteau 322 I chartered last week has a holding tank. It has a simple valve that drains by gravity, with no macerator or outlet pump. It's the only BVI Charter boat I've ever been on.
Same thing on our 423. I thought it was a great design...for a charter boat. Having 3 full holding tanks up high really messes with the COG.
 
Jan 22, 2008
8,050
Beneteau 323 Annapolis MD
Relevant joke

The other charter boat design I do not like is the galley along the side of the salon with minimal handrails and no way to wedge yourself in to cook or prepare drinks/food.
The skipper and his wife go to look at a new boat and the wife asks what those hooks are for on the galley cabinets. The salesman says they are to strap the cook into the galley. She never went sailing again.
 

Sailm8

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Feb 21, 2008
1,751
Hunter 29.5 Punta Gorda
I rode the Mooring shuttle with a gentleman who was an owner of his second charter boat with the moorings. He said it worked OK the first time but this time he has a captained only charter boat. The boat will not be run without a captain from the Moorings on board. I would like to know how that worked out.

He was buying up each time to a larger boat in order to eventually own a boat suitable for long term cruising.
 

PKFK

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Jul 12, 2004
206
Hunter 36 Ottawa
Excellent Articles for Potential Charter Owners

Hi -

I had looked into this myself - and found a website that has some excellent reading and background questions to consider before entering into this type of business arrangement.

You can peruse it at:
http://www.sailonline.com/charter-boat-buyers.html

I thought this was a pretty good site for info - there is free stuff to read, as well as excel spreadsheets for sale to help with the business numbers crunching.

**I have not puirchased anything from the site myself - so cannot comment on the spreadsheets - but the free articles were quite good**

Paul
 
Feb 26, 2004
23,353
Catalina 34 224 Maple Bay, BC, Canada
The longways galley doesn't seem to bad if there is a sette back right behind it. It makes a very narrow space that you can wedge yourself into.
...and definitely makes it pretty sh*tty moving around down below. For instance, the C42s with that layout are just plain horrible (apologies to anyone here who has one, but a friend with a C42 says that layout reduces their resale value tremendously). That layout takes a roomy interior and makes it sooo much smaller. Sucks when sailing and trying to get anything from the galley on starboard tack!
 
May 4, 2005
4,062
Macgregor 26d Ft Lauderdale, Fl
-HOW DO YOU MAKE A MILLION DOLLARS IN THE BOAT CHARTERING BUSINESS....



ans: start with 2 million.

I do know some that have bought boats out of charter... they seemed like good deals, but required a lot of labor and parts.
 
Nov 30, 2007
276
Hunter 36 Forked River, NJ
Thanks Todd and Paul - those links are the exact kinds of references I was hoping for (not to downplay all the constructive opinions my post generated).

I probably won't take the plunge, but it's fun to think about.
 

Ross

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Jun 15, 2004
14,693
Islander/Wayfairer 30 sail number 25 Perryville,Md.
Thanks Todd and Paul - those links are the exact kinds of references I was hoping for (not to downplay all the constructive opinions my post generated).

I probably won't take the plunge, but it's fun to think about.
In all investments you want a return on your equity and a return of your equity. Risk determines the rate of return that you are willing to accept. treasuries carry zero risk and a relatively low return. Lottery tickets carry nearly 100 percent rick and enormous returns.
Look at your financial strength and put your emotions aside.
Renting 14 foot fishing boats may prove to be a better investment.
 
Sep 25, 2008
544
Bristol 43.3 Perth Amboy
Not a great deal

I ran the numbers a few yrs back, and thought it only paid if you were going to charter the maximum number of weeks anyway, then it might have made sense. If it made sense to do it, why would the boat companies offer these deals?

Better deal is to buy a used boat, that has depreciated in value.
 
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