Join Date: Jun 2006
Location: Philadelphia, PA
Thanked 6 Times in 6 Posts
Rep Power: 11
Re: Charter business
If you work for for someone else you'll make $20/hour, no benefits. To have a shot at making money in the charter business you need to own the business...and the business needs to be a success. Even in a temperate clime, that is a long shot. If you are doing a 6pack daytrip business, you'll need to pay for the boat, the dock space, business costs, and a mate's salary before you make a buck.
Having a scheme where you can count on a consistent 70-80% occupancy level on an inspected vessel, would give you a chance at making a iving, but finding that level of business is challenging.
FWIW, this business is for sale:
Cheers Sailing Charters on Hilton Head Island
While I agree you need to have your own business to make any descent money, you can make a little money if you find the right situation. Some relief captains are given 1/3 of each trip plus tips. In a good location, a relief captain can make $400/day ($800/weekend). No benefits.
There isn't a device on this world that can measure the indifference I have for that statement.