SailNet Community - View Single Post - Are abandoned boats a big problem in the U.S?
View Single Post
  #15  
Old 04-08-2013
Stumble Stumble is offline
Senior Member
 
Join Date: Feb 2012
Location: New Orleans Louisiana
Posts: 2,045
Thanks: 6
Thanked 51 Times in 48 Posts
Rep Power: 3
Stumble is on a distinguished road
Re: Are abandoned boats a big problem in the U.S?

The problem is that when you add up all the money making parts (keel scrap, rigging scrap, ect...) and subtract the parts that cost you money (delivery, disposal, shipping thousands of tuns of fiberglass, ect) it is a break even at best proposition.

The only way to make any money is to sell the pieces for more than scrap value. Which means a very long inventory time, lots of overhead, high storage costs... Perhaps if you owned a used parts chandlery it could work, but otherwise you can't get rid of the pieces fast enough to keep in business.
__________________
Greg Rubin
Attorney
Reply With Quote Share with Facebook