Join Date: Dec 2010
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Re: Just curious if anyone still makes a living fixing up old sailboats
Like many of the good yards, Brooklin Boatyard list their service rates on the website.
Sand, Paint and Varnish: $60.00/hr
Carpentry, Fiberglass and Rigging: $62.00/hr
Electrical and Electronics: $66.00/hr
Mechanical and Refrigeration: $66.00/hr
Machine Shop and Fabrication: $66.00/hr
In comparing marine rates to home construction, they're not too much higher. In some instances, on par. But unlike many trades that work out of vehicles and offices, they have an expensive facility. Indoor heated paint sheds, construction shops, machine shops.
I use the machine and fabrication shop at my local boatyard/builder, Rockport Marine. There's always some part that needs replacing on my old boat. But I've found they can often repair broken blocks and fittings, in bronze and stainless. And they'll listen to you, give some thought to what you want, and aren't afraid to say, "You'd be better off buying a new one". Plus they're always busy, there is no incentive to take longer than they need to do the work. Even at 60-70 per hour, you can save money.
The cleaning rate seems a little high. But then again, I can't find people to clean houses around here (I manage some properties), and no one will do a thing for less than 30/ hour. And that is a sole biz. owner with no attached business costs or facility.
Back to the OP, using these rates, I can't see any margin left in boat rehab.
Tom Young sailing a 1961 38' Alden Challenger, CHRISTMAS out of
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