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01 March 2006, 16:01
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#1
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Member
Country: UK - England
Town: portsmouth
Boat name: my bitch
Make: ocean dynamics
Length: 9m +
Engine: inboard
Join Date: Feb 2006
Posts: 6
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any money in this game
Is there any money in this game . I have a rib and my son wants to do a rib charter company in the solent. I have no problem with this even knowing that it is a lifestyle industery. Can he make a living by this. i mean 20,000 per year or more after all the bills etc etc . Any information on this would be great good luck to you all in the season ahead
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01 March 2006, 17:05
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#2
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Member
Country: UK - England
Town: Cowes
Boat name: Tabby Cat
Make: Halmatic
Length: 7m +
Engine: 2 x Yamaha 115
Join Date: Jun 2004
Posts: 388
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It is a tough market but achievable.
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01 March 2006, 18:04
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#3
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Member
Country: UK - England
Town: Newport IoW
Boat name: Amean/Pronto/Rumbo
Make: Solent Rib Princess
Length: 7m +
Engine: 200hp Etec 260x 2
MMSI: lots of them
Join Date: Sep 2003
Posts: 1,861
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I would look and see how many other charter companies are out there first. It is easy enough to set up a company, But you will need qualifications up to the Advanced Powerboat Certificate a Commercial Endoresmet or Local Authority Boatmans Licence (as a guide), You will need a suitable rib again coded to MCA or Local Authority depending on where you want to go.Enough wet weather gear and lifejackets for each passenger plus two spare.
Then you have to get the clients away from already established companies who have a loyal customer base in most cases. Then add to that advertising moorings , Insurance, engine servicing and fuel .Then work out how much you could make on if you are lucky one charter a week for again if lucky 20 weeks.
Charter companies come and go or merge it is not a easy game as the weather can work against you . The clients cancel at the last minute or the engine play's up . As a sole income I would think again, most of the people I know have other strings to there bow, Simon is a Solicitor and I run a training centre and charter is a small part of it.
Hope not to negative but there is not a pot of gold to be had from it .
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Tim Griffin
RYA Freelance YMI power Powerboat and PWC instructor trainer vhf first aid sea survival Diesel engine radar and navigation instructor
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01 March 2006, 18:50
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#4
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exspyrd trayd membir
Country: Ireland
Town: inn wiliks hed
Make: Redbay 6.5
Length: 6m +
Engine: Twin Etec 90hp
Join Date: Aug 2003
Posts: 962
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Quote:
Originally Posted by tim griffin
Simon is a Solicitor
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i nead a bennt breef too elp mee dispoze ov sum munny. 36 millyon too bee igzakt.
enywaiys yorr orl torkin bollix. mi mait wiv de chartir bizniss finisht upp wiv £30k inn de fkin bannk lasst yeer.
mynd yew hee didd starrt orf wiv £80k
gArf
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luk arfter numbir wan, downt stepp inn numbir too
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01 March 2006, 18:55
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#5
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Member
Country: UK - England
Town: Devon
Boat name: White Ice
Make: Ranieri
Length: 5m +
Engine: Suzuki 115hp
Join Date: Jul 2002
Posts: 5,015
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Quote:
Originally Posted by The Garfish
i nead a bennt breef too elp mee dispoze ov sum munny. 36 millyon too bee igzakt.
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gArfie, David Mills is probably your man!
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01 March 2006, 19:11
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#6
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Member
Country: UK - Wales
Town: swansea
Boat name: Too Blue
Make: BLANK
Length: 8m +
Engine: Suzuki DT225
Join Date: Mar 2004
Posts: 12,791
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Quote:
Originally Posted by The Garfish
i nead a bennt breef too elp mee dispoze ov sum munny. 36 millyon too bee igzakt.
enywaiys yorr orl torkin bollix. mi mait wiv de chartir bizniss finisht upp wiv £30k inn de fkin bannk lasst yeer.
mynd yew hee didd starrt orf wiv £80k
gArf
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You said we'd split it 50/50 - and what the hell did you leave some in that van for???
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01 March 2006, 19:15
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#7
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exspyrd trayd membir
Country: Ireland
Town: inn wiliks hed
Make: Redbay 6.5
Length: 6m +
Engine: Twin Etec 90hp
Join Date: Aug 2003
Posts: 962
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Quote:
Originally Posted by Richard B
David Mills is probably your man!
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i downt fink sow. heez morr crukid dan a leaway ull.
finkin bowt itt evvry breef iyve evver mett az ad de kewt likkul abbit ov trowzerin cassh kwikker dan de iye cann sea.
wan ov de bastuds charjed me a munky for a signatewer onn a pre rit afidavit. fkin pinn strype bannditt. i kikt im inn de borls affter forr tayjkin de pis. itt woz werth de munky too heer im screach
gaRf
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luk arfter numbir wan, downt stepp inn numbir too
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01 March 2006, 19:21
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#8
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Member
Country: UK - England
Town: portsmouth
Boat name: my bitch
Make: ocean dynamics
Length: 9m +
Engine: inboard
Join Date: Feb 2006
Posts: 6
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thanks for our help
i do understand that you cant just put any old rib to charter. having said that if i was to invest 4,000 pounds. i think that i can get the rib ready for charter with ease ,£400 liferaft on 6 month hire, 1,200 on insurance, 1,500 on other safty shit , licenses 500 .
how hard is it to drum up business?
how long does it take to see a return?
how meny days a year are you out making money?
how much are your running costs per annum ?
thanks
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01 March 2006, 19:26
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#9
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Member
Country: UK - England
Town: portsmouth
Boat name: my bitch
Make: ocean dynamics
Length: 9m +
Engine: inboard
Join Date: Feb 2006
Posts: 6
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well there is an intelligent man garfish . what the fuck are you rabbiting on about? piss off go else where and annoy someone else . do you speak english or should i get my interpretor you twat
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01 March 2006, 19:38
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#10
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exspyrd trayd membir
Country: Ireland
Town: inn wiliks hed
Make: Redbay 6.5
Length: 6m +
Engine: Twin Etec 90hp
Join Date: Aug 2003
Posts: 962
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Quote:
Originally Posted by moo
well there is an intelligent man
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Quote:
Originally Posted by moo
what the fuck are you rabbiting on about? piss off go else where and annoy someone else . do you speak english or should i get my interpretor you twat
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gaRf
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luk arfter numbir wan, downt stepp inn numbir too
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01 March 2006, 19:45
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#11
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Member
Country: UK - England
Town: Salisbury
Boat name: Blue C
Make: XS 600
Length: 6m +
Engine: 125hp Opti
MMSI: 235082826/235909566
Join Date: Jan 2004
Posts: 1,439
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That aint right yew cant talk to GARF like that
Brian
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01 March 2006, 20:16
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#12
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Member
Country: UK - England
Town: Calshot
Boat name: Swan Song
Make: LM 27
Length: 8m +
Engine: Bukh 20
MMSI: ?
Join Date: Feb 2004
Posts: 206
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Garf
We can supply name of "Trauma" counsellor if you need it
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About 1.5 litres per hour (slower but easier on the pocket)
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01 March 2006, 21:09
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#13
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Member
Country: UK - England
Town: portsmouth
Boat name: my bitch
Make: ocean dynamics
Length: 9m +
Engine: inboard
Join Date: Feb 2006
Posts: 6
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Quote:
Originally Posted by ashbypower
That aint right yew cant talk to GARF like that
Brian
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yes i can. i just did
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01 March 2006, 21:26
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#14
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Administrator
Country: UK - England
Town: Brighton
Length: 3m +
Join Date: May 2000
Posts: 7,109
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Quote:
Originally Posted by moo
yes i can. i just did
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Indeed you can. Indeed you did. It won't make you many friends though.
I suggest you chill out slightly, and get to know these forums a bit better.
John
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01 March 2006, 22:07
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#15
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Member
Country: New Zealand
Town: Paihia
Make: Scorpion
Length: 8m +
Engine: indoard yam 420 sti
Join Date: Feb 2006
Posts: 383
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One thing i do know moo is that you cant go into an marine company with that sort of rubbish.
If you want some help get rid of the attitude and PM me ill try and help you. dont be a cow or you'll be mooing all the way home
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01 March 2006, 22:25
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#16
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Member
Country: UK - England
Town: mansfield
Length: no boat
Join Date: Oct 2004
Posts: 405
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Quote:
Originally Posted by moo
well there is an intelligent man garfish . what the fuck are you rabbiting on about? piss off go else where and annoy someone else . do you speak english or should i get my interpretor you twat
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Oh dear, sounds to me like a black & decker meets back of knee kind of statement
Enjoy your stay on rib net Mooooooooo
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02 March 2006, 00:40
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#17
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Member
Country: UK - Wales
Town: Southampton
Boat name: DynaMoHumm/ SRV/deja
Make: Avon8.4, 5.4 & 4.777
Length: 8m +
Engine: Cat3126 Yam 90 &70
MMSI: 42
Join Date: Dec 2003
Posts: 6,562
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Quote:
Originally Posted by moo
Is there any money in this game .
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Don't be silly moo not off one boat!
__________________
Here it comes again, I don't stand a chance
Soul possession, Got me in a trance
Pullin' me back to you - Deja Voodoo
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02 March 2006, 09:45
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#18
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Member
Country: UK - England
Town: Hampshire
Boat name: Tornado
Make: Nimbus Nova
Length: 7m +
Engine: Mercury 115hp
Join Date: Jun 2005
Posts: 477
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Quote:
Originally Posted by moo
how hard is it to drum up business?
how long does it take to see a return?
how meny days a year are you out making money?
how much are your running costs per annum ?
thanks
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very, if you're a twat, even harder if you're a twat with one shagged out boat. Depending on the seating configuration of your OD, you'll be limiting yourself with the kinds of charter you can do I would imagine.
Depends what you've invested in the first place. The maths are fairly simple - get one boat running for 100 days per year at say £400 per day + fuel and you'll t/over £40k, 50 days it'll be half that. My gut feel is you'll struggle to get 50 days in year 1, but depends how effective your marketing and networking is. It also makes a huge difference on whether you're paying a skipper or doing it yourself.
Between 50 and 75 per boat.
Insurance - £500 per boat
Berthing - £3,000 per boat
Maintenance - £1500 per boat (inc safety kit yearly checks)
__________________
Stormribs.com
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02 March 2006, 15:06
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#19
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Member
Country: UK - England
Town: Binfield
Boat name: merlinless now
Length: no boat
Join Date: Jul 2004
Posts: 452
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Sums it up quite nicely
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Boatless - better get down the pub and drown my sorrows
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03 March 2006, 12:47
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#20
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Member
Country: UK - England
Town: Fareham
Length: 6m +
Join Date: Sep 2003
Posts: 7,866
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Well, that's another member won and lost .
Hope you got some good advice .
__________________
Andy
Looks Slow but is Fast
Member of the ebay Blue RIB cover club.
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