What boats?

[brk-lnt]

Originally Posted by AmericanBoatClub

The pricing og the boat slip is based on what Akwa Marina Charges 150 per foot based on the boat not the slip.

To be realistic though, you should recognize this number seems high compared to other slip rental/leasing options around the lake.

You really think a 50k boat will depresate less than 3k in its first year of ownership, that's a good boat. All the pricing was from calling around the lake. Supplies are rope, bumpers,gps chip, etc.

Well, there's part of your problem, extraneous fees. Boats don't have or need "ropes"

Considering that a user of this service would have to almost by definition be a "casual" boater, it would also be more realistic to compare the boat purchase price to a lightly used (2-4 year old boat), which will have suffered the most significant single depreciation hit. A boat that was 50K new 3 years ago, could be had for ~$30-$35K today, and would depreciate much slower over the rest of it's useful life (20-30 years).

A lot of people can not afford to do this and 3600, to be able to boat all summer long and never have to worry about breaking down etc. Is a good deal for these people. Or the guy that is sick of charging batteries or fixing tow seats etc.

I admire your enthusiasm, but I also think it's slightly unrealistic to frame this as being able to boat "all summer long". The simple math of maintaining your operation dictates that the number of subscribes to boats is going to have to be a 10:1 ratio (or greater). You have two usage periods per day... consider a 3-day weekend (Friday-Sunday). That is 6 usage periods per boat during the peak/best time, which means at least 40% of your customers are going to be unable to use a vessel on any given weekend (in theory). I'm sure part of the model is based on some subset of those people wanting to use boats during off-peak hours/days, like the family that comes up to the lake for the week once a year, but at the same time that family would probably want to use a boat at least 4 out of 7 days. There are about 14 prime boating weeks on the lake. The simple math just seems to make it very hard to fit everyone in to a schedule that makes this valuable to all subscribers AND makes this a viable enough business model for someone to feel comfortable that their buy-in price is going to amortize over enough years to make it a worthwhile purchase.