CHARTER YACHT MANAGEMENT

There are an increasing number of qualified boaters who want clean, well-maintained vessels to cruise the Chesapeake Bay. The charter business offers an attractive option for the boat owner. We hope to have you join our Chesapeake Bay Charter Fleet!

Your  60% of gross charter revenue can greatly defray the expense of ownership.

A suitable yacht, properly managed, should earn sufficient revenue to cover the owner’s cost of annual maintenance, haul-out, slip rental and insurance; and may contribute to the mortgage.

Your boat is always in “charter-ready” condition for your personal use during idle time.

Charter insurance is offered at reduced fleet premiums.

Discounts on labor rates from the  C & C Charters service department are offered to charter boat owners.

Our boat owners benefit financially from charter revenue and their resale value is protected, as we require that the boat is maintained.

Please consult your CPA or tax attorney for advice relating to your personal situation.

Our Management Package is available upon request.

If you presently own a yacht, we will gladly inspect the vessel for Chesapeake Bay charter suitability. If you are considering purchase, our brokerage ATLANTIC YACHT WORKS can assist you in locating a yacht that is appealing to you as an owner, and desirable to charterers. Our brokers are professional and detail oriented. They can advise you on features that will maximize revenue.

 

Sample Charter Vessel Projection
40' - 45" Motoryacht: two staterooms, two heads, twin diesel engines, flybridge, and aft deck with full enclosure
Purchase	$200,000.00	purchase price
Md Excise Tax	$10,000.00	5% of purchase price due at closing or may be financed
Financing	$200,00.00	purchase price
	$40,000.00	20% downpayment
	$160,000.00	amount financed at 6.6% for 20 yrs
	$1,194.00	monthly payment
Annual Expenses	$3,200.00	Annual dockage at Mears Point Marina
	$4,000.00	routine maintenance
	$14,328.00	mortgage payments
	$3,000.00	annual charter fleet insurance
Projected Revenue	$35,000.00	gross
	$21,000.00	owner's 60% share of gross