Generally I've always adhered to the maxim that "if it sounds too good to be true - it probably is"
I'd question the income
numbers. Quite possibly there is a 20 week season - but can you be sure your renting
it out the entire 20 weeks?
Also this model is based on renting
out to full capacity (10 guests) I'd seriously doubt that.
On the expense side
$500 per day for provisons (all inclusive) - does that include booze? $50 bucks per day per person sounds ok - but the reality is usually different since at those prices your guests will be expecting top of the line food
$300 for a skipper
and $150 for a cook - Top of the line food
for $150 per day? You might get a skipper for $300 - but probably cost more
I notice there is no money
set aside for cleaning
the boat after the sail, doing the laundry
etc etc etc - This also costs.
$5000 per year for maintenance
is lala land. ON a million dollar boat boat, start figuring $100,000 per year (haul outs, new sails
, engine maintenance
, antifouling/bottomwashing etc etc etc)
Re docking fees
- this boat has to have a home port and you will need to pay for docking
there duringhte season (picking up and dropping off guests at least). $33 per day - what planet is this on?
$20 for fuel
? no way. I don't know what fuel
costs in the carribean
or what kind of fuel usage a boat like that has - but it has to burn something like at least a couple of gallons per hour. Think of a few days where you have to sail upwind and you're burning something like 20-30 gallons. Not on $20 per day.
I'd ask to see an income statement/balance sheet from a boat actually doing this. These numbers (to me) seem to be grabbed out of thin air.
Lastly - you're running a business which will requrie you to carry insurance
on your guests. What if one of them drowns on the trip? Or falls and gets hurt? Your $17,000 doesn't buy that
Just my 2 cents