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Go Back   SailNet Community > Out There > Chartering > Charter business
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Thread: Charter business Reply to Thread
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Topic Review (Newest First)
01-18-2013 01:33 AM
Yamsailor
Re: Charter business

Quote:
Originally Posted by sailingfool View Post
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.
01-18-2013 12:53 AM
PorFin
Re: Charter business

Castorp,

Assume you already have your USCG license?
01-18-2013 12:30 AM
davidpm
Re: Charter business

You may want to check out these guys: Santa Barbara Sailboat Charters - Boat Rentals - Kayaking - Santa Barbara Sailing Center
Not to far from you and they hire a lot of captains as they have a pretty big operation.
My wife got her ASA 101 from them.

One thing you may not know is that all the sailing instructors I have seen are very up front about being willing to accept tips. So while the $20 per hour may be about right you may end up with a little more.
01-18-2013 12:22 AM
davidpm
Re: Charter business

Another option is being an ASA certified instructor. Sailing instruction is often combined with renting boats.
We chartered from this company Emerald Coast Yachts - ASA Sailing School and Charter Company a couple years ago.
What they do is find people who are willing to put there boat in charter. They take a percent of the charter revenue and the boat owner gets the rest.
It was a couple and they were working very hard but seemed to be better after a couple bad years because of Katrina.
They didn't have to own the boats.
01-17-2013 11:44 PM
Lake Superior Sailor
Re: Charter business

You have to qualify with the laws of the area! .......Dale
01-17-2013 09:27 PM
castorp
Re: Charter business

Quote:
Originally Posted by sailingfool View Post
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.Cheers Sailing Charters on Hilton Head Island
This is all great info as well!
Many thanks again!!
It certainly sounds like a challenge to make a living wage at the business, even if one is additionally diversified with other related gigs, but clearly there are individuals and orgs out there that are doing it... so my question then becomes, what are some of the key ingredients to a successful business model with this? Certainly marketing must play a large part, not to mention word-of-mouth reputation, but further than that what other considerations come into play here?
01-17-2013 08:47 PM
sailingfool
Re: Charter business

Quote:
Originally Posted by castorp View Post
Thanks Yamsailor, that's excellent information!
Do you have any thoughts on the San Diego area? Is it a likely spot to either start such a venture or to find employment with someone else's outfit?
What about SF?
Many thanks!
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:
http://www.cheerscharters.com/index.html
01-17-2013 05:21 PM
Yamsailor
Re: Charter business

Quote:
Originally Posted by castorp View Post
again, many thanks!!
You are welcome.

Good Luck.
01-17-2013 05:20 PM
castorp
Re: Charter business

Quote:
Originally Posted by Yamsailor View Post
You may want to contact the National Association of Charter Boat Operators. I am not a member but I have heard they have some good information. Here is the link: NACO - National Association of Charterboat Operators

again, many thanks!!
01-17-2013 05:16 PM
Yamsailor
Re: Charter business

Quote:
Originally Posted by castorp View Post
Thanks Yamsailor, that's excellent information!
Do you have any thoughts on the San Diego area? Is it a likely spot to either start such a venture or to find employment with someone else's outfit?
What about SF?
Many thanks!

You are welcome. I know absolutely nothing about the West Coast market. You may want to contact the National Association of Charter Boat Operators. I am not a member but I have heard they have some good information. Here is the link: NACO - National Association of Charterboat Operators
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