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Old 01-27-2012, 03:42 PM   #1
AmericanBoatClub
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I agree an "on call captain" is how I am leaning right now.
This is kind of an odd/akward question in a world where prices of things have already been laid out. Since the lake has no real precedents for this sort of thing, and please keep in mind the idea is to not lose money
What is a week worth? (renters would have full access to Akwa Marina for the week)
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Old 01-27-2012, 04:14 PM   #2
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Default $2500.00

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Originally Posted by AmericanBoatClub View Post
I agree an "on call captain" is how I am leaning right now.
This is kind of an odd/akward question in a world where prices of things have already been laid out. Since the lake has no real precedents for this sort of thing, and please keep in mind the idea is to not lose money
What is a week worth? (renters would have full access to Akwa Marina for the week)
Not including other cost such as on call Captain, I would say $2,500.00 per week + or -

Good Luck!

Dan
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Old 01-27-2012, 04:49 PM   #3
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Originally Posted by AmericanBoatClub View Post
I agree an "on call captain" is how I am leaning right now.
This is kind of an odd/akward question in a world where prices of things have already been laid out. Since the lake has no real precedents for this sort of thing, and please keep in mind the idea is to not lose money
What is a week worth? (renters would have full access to Akwa Marina for the week)
I would jump at $2,500 However, I think you will not make money at that rate. I would go to $3,500 to $4,500 a week depending on the condition and options like a/c. That would be bare boat with the marina and power. Captain and fuel would be extra.

R2B

Last edited by Resident 2B; 01-27-2012 at 04:54 PM. Reason: Revised downward
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Old 01-27-2012, 06:01 PM   #4
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I would jump at $2,500 However, I think you will not make money at that rate. I would go to $3,500 to $4,500 a week depending on the condition and options like a/c. That would be bare boat with the marina and power. Captain and fuel would be extra.

R2B
I can't thank you enough for the input.

I guess I should probably give more details on the boat, so you can give me better tips.
It has 3 AC units, Twin Cat 3126s, a generator, all the electronics you would expect, (GPS, multiple stereos, radar and auto pilot). It is a pretty nice boat.
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Old 01-27-2012, 07:09 PM   #5
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Hmmmm.

Overall I think it's a good idea. I'd be interested in renting it for a week, but only as a bare boat.

Some of the options, like radar or auto-pilot have little or no value on this lake, so I think you'd need to consider what the actual value as it relates to the *usable* options.

Also, what would the minimum rental period be? It kind of seems like you'd need to make it 5-7 days as a standard rental just to make sure you're maximizing the opportunity.

The flip side is, like any small business you most likely have a fixed amount of capital to play with investing in the business. What is going to benefit your overall business model the most? It would *seem* to me that another boat for general membership availability would be best. Or maybe go with this concept, but make it a 33' cruiser that could be used by the members OR reserved for weekly rentals? Or available for extended weekly/weekend uses for a premium fee?
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Old 01-27-2012, 07:37 PM   #6
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Hmmmm.

Overall I think it's a good idea. I'd be interested in renting it for a week, but only as a bare boat.

Some of the options, like radar or auto-pilot have little or no value on this lake, so I think you'd need to consider what the actual value as it relates to the *usable* options.

Also, what would the minimum rental period be? It kind of seems like you'd need to make it 5-7 days as a standard rental just to make sure you're maximizing the opportunity.

The flip side is, like any small business you most likely have a fixed amount of capital to play with investing in the business. What is going to benefit your overall business model the most? It would *seem* to me that another boat for general membership availability would be best. Or maybe go with this concept, but make it a 33' cruiser that could be used by the members OR reserved for weekly rentals? Or available for extended weekly/weekend uses for a premium fee?
I agree, radar has very limited use and auto pilot is pointless on the lake. Even the generator has limited purpose, it is an ocean boat. We already own this boat for other reasons. I probably should have posted this under a new Screen name, to avoid the ABC conflict. This boat will have no adverse impact on the ABC or any of the other companies we operate. Other than I will offer ABC/Akwa members a discount.
The ABC continues to grow, and as membership grows so will the fleet for all the members.
This is just another service we can offer, I see this as an opportunity for people to get out and enjoy the lake, in a way that is currently not being offered.
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Old 01-27-2012, 08:32 PM   #7
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I guess I am the Odd Man Out in this conversation. I have both owned and Bare Boat chartered in salt water over the past 45 years.

WHY..Would anyone want to spend $2500+ to putt around the lake in daytime..or night..THEN have to go back to a probably covered slip (Under a Roof) at night.

In a Nutshell: YOU CAN NOT Anchor or otherwise spend the night aboard a boat on the lake..unless in a "Certain" Slip..or "Private" mooring. This is the VERY Restricted Lake Winni. NB
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Old 01-28-2012, 09:30 AM   #8
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The Akwa marina is not covered, it includes access to a beach and pool and is very open to lake views. I'm currently in Gilford but have looked into Akwa.

My guess would be like any business is the demand there for the venture. Personally I like the idea, just not sure that it could be profitable with such a short season.
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Old 01-28-2012, 11:14 AM   #9
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I guess I am the Odd Man Out in this conversation. I have both owned and Bare Boat chartered in salt water over the past 45 years.

WHY..Would anyone want to spend $2500+ to putt around the lake in daytime..or night..THEN have to go back to a probably covered slip (Under a Roof) at night.

In a Nutshell: YOU CAN NOT Anchor or otherwise spend the night aboard a boat on the lake..unless in a "Certain" Slip..or "Private" mooring. This is the VERY Restricted Lake Winni. NB
There's hundreds of boaters that do that now for much more than a one time cost of $2500. Personally, it's not for me; I think Winnipesaukee is great place to spend a day or two boating at a time, but the lake is pretty popular with slipped cabin cruiser owners.

I'm curious to hear how this business plan works out.
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Old 01-30-2012, 07:06 AM   #10
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There's hundreds of boaters that do that now for much more than a one time cost of $2500. Personally, it's not for me; I think Winnipesaukee is great place to spend a day or two boating at a time, but the lake is pretty popular with slipped cabin cruiser owners.

I'm curious to hear how this business plan works out.
I suppose it is a great concept for some, for me I never could grasp the lease thing.
When I put down money I want it to be mine so I can take care of it the way I want it to be cared for and look at it and say I worked hard and this is what I’ve got to show for my labor.
Now on the other side of the coin, for the same reason I would try not to buy a leased vehicle. You never know how good, or how bad it has been treated. If I’m going to drive a car I know I’ll be returning I’m certainly not going to give it the same attention as I would something I own.
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Old 01-30-2012, 08:36 AM   #11
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A get into a new Searay AC 42 would cost at least 700,000. To be able to rent that quality of a vessel for the cost of airfare and hotel for a vacation for two would seem to be enticing to many.

It is not a bad thing to get back to the slip and plug into cable for an evening back in a port. If customers know that up front it becomes part of the routine of winni life. I would assume the boat would have radar and GPS for late returns or 3 am departs to the broads to watch the sunrise.

It is sad the state has made no provisions to allow overnight mooring for boats. The "Live Free or Die" has been slowly changing to "manage and report every moment or movement".

During the week for the past few years there has been no problem finding dockage in many of the towns.

The New England Boat show is coming Feb 11th - 19th. With the lack of snow we hope it will be an early ice out and boat in this year!
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