Charter Boat Business Plan

Charter Boat Business Plan-48
The investment or loan by the Customer, is most often covered by a mortgage and lean to the full right of the boat in the program, where the Service provider is paying back the ownership of the yacht at the end of the contract period, and during the agreement the customer receives ownership benefits in terms of maintenance, up-keep, mooring (berth), and defined sailing usage (usually points or the equivalent).Charter Management Refers to the agreement made between the boat owner (the Owner) with a professional charter business/ yacht management operator (the Operator), where most commonly the Operator is offering a standard or customised Management Agreement, with a detailed description of the services offered by the Operator during the contractual period.

The investment or loan by the Customer, is most often covered by a mortgage and lean to the full right of the boat in the program, where the Service provider is paying back the ownership of the yacht at the end of the contract period, and during the agreement the customer receives ownership benefits in terms of maintenance, up-keep, mooring (berth), and defined sailing usage (usually points or the equivalent).Charter Management Refers to the agreement made between the boat owner (the Owner) with a professional charter business/ yacht management operator (the Operator), where most commonly the Operator is offering a standard or customised Management Agreement, with a detailed description of the services offered by the Operator during the contractual period.

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We come from a family of seafarers and our grandfather, Lorenzo Vila, was well-known in Mallorca as a talented fisherman and a yacht captain during times of Mediterranean smuggling.

When we were very young he used to take us sailing with him.

Our biggest reward is making our clients happy through the professional friendly services we offer, whether that’s a memorable charter holiday or taking ownership of a dream yacht.

A boat ownership in charter may be a good way of getting that dream boat of yours and it has proven for many to be the solution for speeding up the purchase and removing the cost for up-keep of traditional boat ownership.

For you to make a decision on what financing you will choose and whether you do the financing on your own, or like to enter a Charter Ownership Program or Charter Management offered by a charter business, or like receive the help of an industry professional to receive the best fit for your needs, you first need to know the difference between the TWO PARALLEL LEASING options (part financing) offered in the charter market.

Let’s dive straight into, the difference between Operational Leasing and Financial Leasing. Operational leasing refers to the loan structure and financing of the charter business, where the boat and a charter ownership program is offered in a Part Financing program by the charter business to you as the potential buyer (lender/investor).Similarly, our business plan had been based on guesswork, with no industry data to draw from, but soon after launch it quickly became apparent that there was an even bigger demand for motoryacht charter than we initially expected.We closed year one on a high – and with full return on our investment.Before the Company was set up, we had a boat that we mainly used for waterskiing.She was a deep red-coloured 18-foot Fletcher with a powerful white 140hp Johnson outboard and we named her ‘Nice & Easy’.It had to be something we were both passionate about, with yachting emerging as the obvious choice.In 1989, after some quick market research, a simple business plan, and some help from our mother, we bought three boats and founded Nice & Easy Boats SL – yacht charter, sales and management. At the time we were the only motoryacht charter company in Mallorca, our competitors were only chartering sailing boats, so we had no business model to take as a reference point.Incidentally, the red colour for the logo also comes from the Fletcher… Remember, easy Jet launched in 1995, six years after us, so perhaps they were inspired by our name, font and corporate colours…[smile] Without doubt, integrity is our core value.First let’s start with the terminology and understanding what all definitions really mean and how they are played out in the charter management programs and ownership programs offered by the most popular charter businesses.Definition: Full Financing of a purchase or investment in a boat with a charter management or in charter ownership (with or without program) refers to the means where you, the buyer, pays the full asking purchase price of the yacht or charter investment program.

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Comments Charter Boat Business Plan

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