Yacht Charter Ownership Program

How to own a yacht� without it owning you!

If you have ever dreamed of owning a yacht, but found it hard to justify the cost; then consider the advantages of Florida Yacht's innovative Yacht Charter Ownership Program. This program has assisted many boat owners in making their dreams come true. While our clients have different goals, Florida Yacht's charter ownership program offers the ultimate in flexibility, and can be customized to fit your particular needs. There are many good reasons for considering Florida Yachts charter ownership program.

Is it right for you?

To determine if it's right for you, ask yourself the following questions: Would you like to have your boat berthed in one of the most desirable cruising grounds in the world, yet one which is also conveniently located? Would you like to earn charter income to defray or even exceed the operating expense? Would you like to have your boat professionally maintained? Would you like to own a larger yacht than you might otherwise be able to afford? Would you like unrestricted use of your boat? Is your free time limited, so that you may only use your boat on an occasional basis? Do you like the idea of charter ownership, but don't want to be locked in for a long-term contract? Would you like to get boat ownership tax benefits, including a sales tax exemption on the purchase price? Would you like an investment the whole family can enjoy, now and for years to come? See how our Yacht Charter Ownership Program can take the hassle, (not the fun!), out of yacht ownership.

We go the distance

Florida Yacht accepts only quality power boats and sailing yachts into our charter fleet - yachts especially built and outfitted for chartering so they maintain their value through the years. Florida Yacht extends that value by keeping our new boat pricing competitive. We do not inflate the purchase price for charter fleet placement like some companies do. We offer affordable financing and insurance programs, along with reliable service. Your new yacht will be fully commissioned and launched by our service department, which will be happy to handle any warranty paperwork or equipment modifications you may desire. All yachts are backed by transferable "Best in the Industry" warranties, have low maintenance requirements and are fun and easy to handle - ideal qualities for a popular charter yacht.

Earn charter income

And popular is what your yacht will be. Your yacht will be aggressively marketed by our staff at boat shows, through a network of international charter brokers and in national boating magazines, at no expense to you. Constant, well-targeted advertising and a choice of spectacular locations assures that your yacht will be in high demand.

No restrictions on owner use

Yet she's yours when you want to sail her! Unlike some charter management programs that place numerous restrictions on owner use, we never forget whose boat it is. You may use your yacht anytime, any day of the year, for as long as you want - no strings attached. And you'll love exploring the crystal clear waters of the Florida Keys or exotic ports of the nearby Bahamas. (To maximize charter revenues it's advisable to make the yacht available to charter during the high season and holidays if possible).

Maintenance

One of the integral features of FYC's ownership program is that your yacht will receive excellent care. Our service technicians are especially diligent in maintaining your yacht. Before and after each charter, your yacht is thoroughly inspected (including an underwater dive inspection) and cleaned, at no charge to the owner. Reasonable routine maintenance, (time and materials) are clearly itemized using a computerized work order system and deducted from the monthly charter income. A schedule of engine service, oil changes and other routine maintenance is logged and Owners are consulted on any additional maintenance items as they arise. Items lost or damaged by charter guests are replaced or repaired at no cost to owners

Flexible one-year contract

Our Charter Management Contract is straight-forward and easy to understand. It is flexible and can be renewed annually for up to five years. That means if next year you want to take that long cruise in the islands, no problem! If you want to take your boat "north" for the summer, no problem! We have several fleet locations and you may try another location each year. And if, in a few years, you decide to sell your boat, our experienced yacht brokerage staff will be happy to list it for you, or take it in trade on your next new boat!

No gimmicks

We have a simple, clear business relationship with each of our owners. We do not try to cleverly disguise the expenses of yacht ownership, such as insurance and maintenance by inflating the purchase price of your yacht, requiring a huge down payment or increasing the management fees. We split the net charter revenue 50\50 with each owner, which is our primary source of income. FYC pays for all advertising; administration; accounting; cleaning and inventorying of the yacht; charter check-outs/orientation; in addition to providing year-round staff and office facilities at each charter base. The owner pays for dockage, insurance and routine maintenance, which may become tax deductible depending on your personal financial situation.

Free sailing certification

When you purchase a new yacht for placement in our charter fleet, we'll teach you to sail her or help you improve your sailing skills so you get the most enjoyment from your time on board (and a nationally recognized sailing certificate). Charter yacht owners are invited to attend Florida Yacht's Adventure Sailing School, certified by the American Sailing Association and voted "The Best Sail Training Center in the Southeast." Our U.S. Coast Guard licensed and ASA qualified instructors teach students aboard the boats in our charter fleet. Many of these students later charter the boats they learned on. That means extra income to you and better-qualified charter guests!

Choice of fleet locations

It's hard to imagine a more desirable cruising grounds than the Florida Keys and Bahamas. Where else can one find palm-fringed beaches; turquoise waters; romantic moonlit anchorage's and first class marina facilities; all so close to home, yet so far from the hectic pace of modern civilization? Florida Yacht offers a choice of three spectacular fleet locations: Miami Beach, Key West and Abacos, Bahamas.