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Old 03-04-2015, 03:30   #1
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How realistic is a boat ownership syndicate?

I'd really appreciate opinions on whether owning a 40' classic yawl (say), based in the Grenadines (say), as a syndicate, is feasible.

I was figuring on 8-10 owners, and an initial budget around US$120k.

Although relatively new to sailing, I'm well aware of ongoing maintenance costs for a classic boat, but when the obsession is triggered, it's difficult to ignore, as I'm sure some of you would agree?

I've run a small syndicate around a classic aircraft, in the UK, and it works fine - with particular emphasis on a group that knows and trusts each other, and all outgoings shared equally.

I look forward to your comments!
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Old 03-04-2015, 03:51   #2
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Re: How realistic is a boat ownership syndicate?

Greetings and welcome aboard the CF, 2greens1red.
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"

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