Edward,
Quote:
|
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.
|
I was going to offer both. Of course rental would only go to qualified sailers who have taken a barefoot charter class. My other plan was to offer a seacamp off Cumberland Island where I take the boat out and moor it appropriatly. Who ever is staying out there would just take the ferry and use a dingy to get to the boat. Since the one hotel on the island charges $450 a night this is a viable option.
Quote:
|
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.
|
Figuring in rough insurance estimates from others my pricing structure is half of companies across the state
line in Florida.
Quote:
|
Good luck. Most charter companies are financially viable because they manage and maintain other peoples boats. Limits the investment.
|
From my marketing analysis this market is untapped. Lang's Seafood currently has the only charter business in town and own's the marina and public docks. They have a ferry going out to Cumberland and recently secured a concession for it. They are now the only charter allowed at or around the Island. This is something worth challenging, and I believe a market exists for sailboat charters. They have over 64,000 passengers a year on the ferry going out to Cumberland.