Cruisers Forum

Join CruisersForum Today

Thread Tools Rate Thread Display Modes
Old 22-08-2010, 20:37   #16
Registered User

Join Date: Aug 2010
Location: Dominica
Boat: Island Spirit 37 Cat
Posts: 6
Send a message via Skype™ to captainmark55
I just closed down my business and bot a catamaran. I have offered Crewed charters on other yachts for over 30 years and now, for the second time, I have bot a boat to live and cruise around the islands. I will do occasional charters, but mostly looking for business and investment opportunities in the Caribbean for the next 1-2 years.
I should be ready to assume duties as your Captain and Charter coordinator about the same time you will be ready to embark on this new chapter in your life.
By the way, a common "rule of thumb" for yacht maintenance and management is 10%-20% of the cost of the boat per year. Thus, if your boat is 1.5mil, expect to pay $150,000-$300,000/year, split about in half between management (Captain and Cook) and maintenance. Thus, you will need to charter 15-25 weeks per year to break even on a cash flow basis. (18 year straight line depreciation is the accepted norm for your situation and mine.)
Send me your email and I'll keep you posted on my blog and then you can contact me when interviewing for a Captain!
Good luck and fair winds!
Capt. Mark, S/V Sanctuary

captainmark55 is offline   Reply With Quote

Thread Tools
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
Looking at Cats - Looking at Lifestyle Changes - Know Zip About Sailing zarkmud Meets & Greets 43 13-08-2010 10:31
Potential Lifestyle Change lordphi General Sailing Forum 9 02-01-2010 20:36
Transitioning to a 'Liveaboard' Lifestyle Matthewm0311 Liveaboard's Forum 47 25-09-2009 13:41
For Sale: A Caribbean Lifestyle H2OHOBO Classifieds Archive 0 25-08-2009 14:03
Cruising-a healthier lifestyle? Seadogg Health, Safety & Related Gear 20 25-08-2006 20:31

Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 05:23.

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.