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post #6 of Old 05-09-2007
Join Date: Sep 2002
Location: Michigan
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What type of business are your planning? You mention chartering and rental in your last post. By chartering, do you mean a captained charter or bareboat? Big difference in risk, reward, and liability.

As far as the $35 an hour for a captained charter that is competitive. Most of the charter companies will put a captain on the boat for $150-$250 a day. Dependent on where and when obviously.

Good luck. Most charter companies are financially viable because they manage and maintain other peoples boats. Limits the investment.
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