Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 29-08-2017, 13:22   #31
Senior Cruiser
 
DeepFrz's Avatar

Cruisers Forum Supporter

Join Date: Mar 2006
Location: Winnipeg
Boat: None at this time
Posts: 8,036
Re: Bob Bitchin Shannon 52

Quote:
Do not assume accessories or equipment for this vessel may be in storage. This vessel is being sold as seen. Bid for this boat according to what she has when you view her.
Keep this in mind when you think it is such a great deal.
__________________

__________________
Global Warming is really better named Human Caused Climate Change
DeepFrz is offline   Reply With Quote
Old 29-08-2017, 13:29   #32
Registered User

Join Date: Oct 2012
Location: Guilford, CT
Boat: Bristol 35.5 1978
Posts: 180
Re: Bob Bitchin Shannon 52

Good point DeepFrz - it was definitely what you see, is what you get...I also recall that if you have the winning bid the Salvage folks require movement of the boat in 3-5 days from the date of purchase. So line up your potential shipper prior to your bidding just in case.
__________________

Hoodsail is offline   Reply With Quote
Old 29-08-2017, 13:51   #33
Registered User
 
Kenomac's Avatar

Join Date: Jan 2012
Location: Somewhere in Nova Scotia heading to Italy
Boat: Oyster 62 Cutter, Oyster 53 Cutter (for sale)
Posts: 9,308
Re: Bob Bitchin Shannon 52

Fugly boat. The new engines have some value.
Kenomac is offline   Reply With Quote
Old 29-08-2017, 15:10   #34
Registered User

Join Date: Apr 2013
Location: Penobscot Bay, Maine
Boat: Tayana 47
Posts: 1,189
Re: Bob Bitchin Shannon 52

Tough situation. Can't help but feel bad for the owner because it sounds like he got royally screwed over and that's what led to this.

I think most hulls would look sort of ugly without a waterline/boot stripe or paint or hardware or hatches, etc. so I will withhold judgment on the boats potential for good looks once it's finished.

But even if someone pays only $150K for it, and then spends another $200k finishing it, I can't see it being worth much more than $350K. I think for a boat like this a lot will depend on the quality of the work of whoever ends up finishing it. If it's a do it yourselfer, even a pretty skilled one, I doubt if the finished product will be able to compete successfully in the marketplace with Hinckley or an Oyster (go to Yachtworld and check out Oyster 53 "asking" prices) or many other high quality production sailboats of that length that people pay the numbers of dollars he's talking. And if the new owner hires a yard to finish it that's capable of top quality workmanship in all areas, it seems to me that would cost more than $200K and it'll still be sort of an orphan and the buyer will know he can't expect any factory support or customer service like you can get when you buy a boat from a company that's still in business. If Shannon Yachts was still known to be a viable, elite yacht builder, then that would make a big difference, but unfortunately, that's just a memory. Hopefully, someone can make the numbers work and will buy this project and make it into the boat it has the potential to be.

It's a real shame that Bitchin Bob won't be able to enjoy his dream boat, and now must be subjected to seeing it being sold off for pennies on the dollar.
jtsailjt is offline   Reply With Quote
Old 29-08-2017, 16:54   #35
Registered User
 
Training Wheels's Avatar

Join Date: Aug 2014
Location: Left coast.
Posts: 828
Re: Bob Bitchin Shannon 52

I remember reading about when Bob was selling Lost Soul. He said that they were selling because the boat was too big and too complicated. Next thing you know, he's having a bigger and more complex boat built!
Training Wheels is online now   Reply With Quote
Old 29-08-2017, 17:03   #36
Registered User

Join Date: Apr 2013
Location: Penobscot Bay, Maine
Boat: Tayana 47
Posts: 1,189
Re: Bob Bitchin Shannon 52

Quote:
Originally Posted by Training Wheels View Post
I remember reading about when Bob was selling Lost Soul. He said that they were selling because the boat was too big and too complicated. Next thing you know, he's having a bigger and more complex boat built!
According to the link about this situation, Lost Soul was 65' and this boat is 52'. I guess "complication" is yet to be determined depending on how it's finished off.
jtsailjt is offline   Reply With Quote
Old 29-08-2017, 17:32   #37
Marine Service Provider
 
Scott Berg's Avatar

Join Date: Jul 2011
Location: Aboard
Boat: Seaton 60' Ketch
Posts: 1,050
Re: Bob Bitchin Shannon 52

Guys, it's a Shannon... everyone I've ever seen was VERY well built. I'll talk with Bob, get some answers to questions here, and post them. My guess is that if it's professionally finished to match the layup and the cabinetry to date (I'm sure it's much better than the pix seem as it was done by Shannon and not some weekend guy) it might be a good deal. I have my 60' boat or I'd be very tempted....
__________________
Scott Berg
WAĜLSS
SV CHARDONNAY
Scott Berg is offline   Reply With Quote
Old 29-08-2017, 18:12   #38
Registered User
 
Saleen411's Avatar

Join Date: Jan 2015
Location: Discovery Bay, CA
Posts: 684
Re: Bob Bitchin Shannon 52

Stoopid question....

Why couldn't Shannon finish the boat and sell it? They are still in business and Walter Shulz is still kicking.

I read the sad story of Bob's loss of over a million bucks. I also read about the construction of this yacht and was VERY impressed!

Seems like a HUGE waste to let this yacht go for pennies on the dollar.

I'm sure I must've missed something along the way.
__________________
"Man cannot discover new oceans unless he has the courage to lose sight of the shore"- Andre' Gide
Saleen411 is offline   Reply With Quote
Old 29-08-2017, 19:47   #39
Registered User

Join Date: Feb 2016
Location: Boston
Posts: 31
Re: Bob Bitchin Shannon 52

You're going to need that washer and dryer working to clean all of your work clothes for the next 2 years.
Shawn0900 is offline   Reply With Quote
Old 03-09-2017, 00:40   #40
Registered User

Join Date: Sep 2008
Location: Surrey, B.C. Canada
Boat: Passage 24/30 Cutter
Posts: 632
Re: Bob Bitchin Shannon 52

Quote:
Originally Posted by Deltasailor View Post
The problem with self builds is when you have cash coming in you don't have the time and when you have the time NO CASH!
Never a truer word was spoken! I can personally attest to that.
Sailorbob8599 is offline   Reply With Quote
Old 04-09-2017, 02:19   #41
Registered User

Join Date: Apr 2013
Location: Penobscot Bay, Maine
Boat: Tayana 47
Posts: 1,189
Re: Bob Bitchin Shannon 52

Quote:
Originally Posted by Saleen411 View Post
Stoopid question....

Why couldn't Shannon finish the boat and sell it? They are still in business and Walter Shulz is still kicking.

I read the sad story of Bob's loss of over a million bucks. I also read about the construction of this yacht and was VERY impressed!

Seems like a HUGE waste to let this yacht go for pennies on the dollar.

I'm sure I must've missed something along the way.


Looking at their current website I see no sign of them still being in the business of building traditional sailboats. I think you're right though that IF they were and IF they thought even a small profit could be made, they'd be in the best possible position to take this project on. But they're not.....
jtsailjt is offline   Reply With Quote
Old 04-09-2017, 08:17   #42
Registered User
 
Saleen411's Avatar

Join Date: Jan 2015
Location: Discovery Bay, CA
Posts: 684
Re: Bob Bitchin Shannon 52

Quote:
Originally Posted by jtsailjt View Post
Looking at their current website I see no sign of them still being in the business of building traditional sailboats. I think you're right though that IF they were and IF they thought even a small profit could be made, they'd be in the best possible position to take this project on. But they're not.....
I'm sure you're right.....after seeing this.....DEFIANCE 35 |Shannon Boat Company .....,

I figured Shannon Yachts would still be able to take on this project if there was a profit to be had.

I was just thinking what I would do if I had a yacht i designed and built sitting near my fully functioning shop. A yacht that could be had for cheap.

Again, I'm sure there is a lot more to the story I don't know about obviously.

Still a shame and a waste IMHO.
__________________

__________________
"Man cannot discover new oceans unless he has the courage to lose sight of the shore"- Andre' Gide
Saleen411 is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Shannon Yachts: is there any interest in a Shannon owners Forum? Block Island Monohull Sailboats 45 12-03-2017 09:32
Shannon 38 obxmedic Monohull Sailboats 6 11-06-2014 22:33
Shannon 38 - New Refrigeration obxmedic Plumbing Systems and Fixtures 53 05-08-2009 02:13
Shannon Hull 43/47 vs. Outremer 55 light gouralnik Monohull Sailboats 3 04-02-2009 12:00
May buy Shannon 28, what to look for JMRmarinero Monohull Sailboats 8 26-02-2008 12:22



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 16:48.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.