For most yacht owners, real net profits from yacht charter are little more than a hazy and distant dream, a ghost, a fantasy, an illusion that can only fleetingly glimpse from time to time, or a fairy tale told by an enthusiastic yacht broker eager to close a sale or to convince someone else to finance your inventory of chartered vessels. Therefore, for charter yacht owners who want to charter, our patented yacht charter programs can be cost-effective. Lopez's vision of bringing this beast from the Down East to Texas involves a hybrid model composed of commercial and charter fishing activities. We'll tell you everything you need to know about the reality of charter yacht ownership, including what charter companies won't necessarily offer to tell you.
Mediterranean rentals are more expensive in summer, while Caribbean yacht rentals are highest from December to March, when North Americans venture south to escape freezing winter temperatures. All-inclusive charter flights have a fixed fare and generally include food, beverages, fuel and entertainment, such as diving and fishing equipment. It's much better to continue chartering as in the past, as owning a charter boat presents no advantage to your situation, except for satisfying your ego (see above). To the break-even point, the profit gained from charter fishing is offset by the fixed costs of boat ownership.
Smarter for yacht and jet owners is an improved patented management protocol that provides substantial competitive advantages for owners with yachts and jets on charter to significantly reduce their owning and operating costs, while maximizing POSITIVE cash flow and NET PROFITS AFTER TAXES. Revenues earned by chartering the boat can offset the cost of ownership of the boat, while allowing owners to fish on board while they are in town. Owning a charter boat is, in fact, a great way to enjoy sailing for a few years without major expenses, AND owning the boat at the end of the contract, while the charter proceeds pay part or all of the mortgage. Then assign an average number of engine hours per charter day (usually 10 hours) and multiply that by the hourly expense rate.
Finally, assign the rate you charge customers for a day of charter fishing; this figure is the money that comes in (everything else measures the money that goes out). The above-mentioned relationship between purchase price, charter rates and operating costs cannot be applied to all investments made in yachts that are in the charter market. There's simply no way an owner can reimburse their capital rebates based on charter flights; that's not what the charter business is all about.