Post deleted by danfoley

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Re: Yacht Deliveries Constructive advice needed!

Another quick thought

How about an ARC delivery service from St Lucia to Tortila for homewards shipment, taking care of all formalities?
 
Re: About the residential home

I'm no beancounter but understand enough that a company with that level of gearing (to use the jargon) is not sustainable ....... IMVHO.

EDIT: for the avoidance of doubt, well for tome's benefit really, this response was to Brian's comments about the economics of the nursing home, not the sailing business.
 
Re: About the residential home

I recon it is the old story..the greater the risk the greater the profit. If you know how to run a home (or SWMBO does) then there should be no major downfall with folks living longer and all going gaga and incontinent. Large numbers of homes are owned by venture capital outfits and they only invest if they see a very good return. If you need to get cash off a bank might be worth getting some tame accountant/retired businessman to be part time financial director/consultant as this would give the bank some comfort and then you can get shut of them when everything has run OK for 12 months, even do a deal with them and agree a tax free payoff, within the rules of course.

If it all goes pear shaped them you end up with plan B anyway, living on the boat as you've lost your house, keen to earn next to nothing doing deliveries!

The delivery job is only likely to be a part time earner type scam in that it gets you out sailing most of the time whilst SWMBO does a proper job every day. There are too many folk about who will do deliveries for next to nothing as others have said. IMHO
 
Re: About the residential home

[ QUOTE ]
The fee income is £16,500pw with 24 0f the 26 beds currently occupied [unquote]

Blimey, are you saying that the 'oldies' are paying £687-50 each per week? I really don't think you can expect them to do the painting and decorating etc as well, old bean! /forums/images/graemlins/blush.gif
 
Re: About the residential home

joking apart, repair, maintenance and renewal of equipment could be significant items in your cash flow, which you need to allow for.

You sound like you're well on the way to having the data to construct a business plan. Having been involved in trying to raise start-up loans recently, any lenders are going to be interested in your projected income stream, and the extent to which that is speculative/underpinned by customer committments. (With a high occupancy rate, you would be better placed than some businesses)They're also interested in security of their money, which in your case, with bricks & mortar and land, should be better than many start-ups. Also lenders may want to see someone else involved in the business - your retired businessman/accountant - to add an extra element of commercial/financial experience.

Lots more things for you to think about - there is the question of the amount of goodwill in the price for buying a going concern (value over and above the straightforward sum of assets & liabilities) - also what legal form to adopt & the tax implications thereon.

If you can give it a go, it sound an exciting prospect.
 
Re: About the residential home

a rezzie home i know has just been closed and sold for housing because the onerous conditions forced on them by bliars lot has made it uneconomical, beware!
 
Re: Yacht Deliveries Constructive advice needed!

hamble to pwllheli north wales on back of wagon £1400ish, delivery man was going to charge me £800 ish by sea, 1 skipper, 1 lad, plus hire of drop off car to get him from up north to hamble.
 
Re: Yacht Deliveries Constructive advice needed!

Recent quote for delivery of a 55' sailing yacht, Boston to UK, was $35,000 (UK company).

This was as deck cargo on a ship & considered competitive compared to sail on/off type service (these now becoming more popular, but frequency does not always meet owners timetable).

Skippered passage would have been much lower, but wear 'n' tear on yacht of course.
 
Re: Yacht Deliveries Constructive advice needed!

dont know where alan had his quote, but you could also try

YACHT SHIPPING LIMITED
Tel: +44 (0) 23 80223671

the lady there called Sharon gave me a quote within the day. price per foot much less than alan's too.
 
Re: About the skippering

I get the feeling that a huge number of boaty businesses are 'lifestyle business' in that they don't actually make much money but enable the owner to do what they really like to do. This is why so many folk are willing to rent themselves out for £75 a day if boating but wouldn't dream of sitting on a desk earning £8 an hour.

One issue to remember when using transat shipping as a benchmark for the skippering alternative is the wear and tear on the boat. So the skippering alternative would need to be far cheaper than shipping. Assuming two paid folk to take the boat back over say 30 days will cost about £5K before 'expenses', I'd have thought. I paid £7.5K to have the boat shipped back Tortola - Southampton. So there's not a lot of 'headroom there.

Another thought, following up Tome's suggestion of St. Lucia to Tortola 'hops' is the provision of skippers from Tortola marina's to the ship for loading. I didn't factor this in (the ship arrives +/-7 days so it's impractical to hang about). It cost me about $US600 despite the fact that I had the kit all stored and ready for shipping (there are always delays apparently). If I had a mailing via the ARC people telling me about a skippering service it would have saved a lot of last minute hassle.
 
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