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Yacht Investment Option 2

clintk84

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May 21, 2020
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Based on a similar post for a different vessel

Fishing Charter Vessel Investment Opportunity.
This vessel is also partially completed as a basic HDB (hull, deck, and bulkheads)
Admiral 50 Catamaran

similar vessel for sale here:
https://yachthub.com/list/yachts-for-sale/used/sail-catamarans/admiral-50-executive/276982

Charter Catamaran 1.jpg


Charter Catamaran 4.jpg

The market price for these Catamarans is over $500 000
This for a Commercially endorsed Fishing and Day Charter Vessel

Our current valuation and input (at Stage 1) is $150 000.
We already have an investment partner who is willing to invest $70 000

We are looking for additional funding of $100 000 to complete it
This investor will own 33% of the vessel as security

Fractional Ownership
A shares certificate confirming the portion of fractional ownership will be issued to each investor.
Following completion, the yacht will be sold and profits shared with investors as follows:
The capital investment of $320 000 will be repaid
Interest of 24% per annum will be paid out pro rata for the period on the capital
A bonus share of profits, pro-rata for sale value over $350 000

Admiral Yacht Summary
Designed for marine charter or for the family and friends
ISO Polyester E-glass construction (foam core used throughout).

4-6x cabins
Galley
Saloon
Sun deck & Cockpit

52 cabin plan.PNG


52 deck plan.PNG

Roadmap

Basic Hulls (Current)

Build the basic hulls from moulds

Roof extension (3x Weeks)
Extending the roof and deck to have a more modern and spacious saloon and galley.

Fairing and Painting (3x weeks)
Fairing and Painting the hulls

Windows and doors (2x week)
Fitting main entrance doors, front and side windows.

Engines (2x week)
Fitting 2x engines

Special equipment & fittings (2x week)
Special equipment such as nav station and fittings such as cleats railings etc

Mast, sails and rigging (3x week)
Fitting, Mast, sails and rigging

COF and water launching (2x week)
Register the Certificate of fitness and launch the vessel
 
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