Yacht Broker Profit Centers for Extra Income

As a Marine Industry Consultant, I talk about the sector with entrepreneurs all over the nation and around the world by Internet. Some are new start-ups, others are seasoned business owners considering side venues to increase revenue. It is amazing the things I learn and all the new innovations that entrepreneurs like you are discovering. Lucky for all of us, we now have a president that doesn’t belittle the one-percenters, who are indeed most of our customers, and of course, we’d like to join them by increasing our business so we can all retire early. That’s the goal.

Now then, not long ago, I was discussing different business models with a gentleman who sold yachts on consignment, but also wanted to get into the boat cleaning sector. Does that make sense? Sure it does, but it’s not as easy as you might be lead to believe, especially since he didn’t want to do the work himself – which we all know; it is hard work detailing yachts, especially yachts which are used, abused and for sale.

His business is mostly online, but he wanted to get an office for a place to meet clientele, somewhere in a high-rise near the marina in Miami Florida, but does this make sense?

Yes, it is the high-rent district and yes, those are the people who can afford to buy yachts. Of course, selling yachts and detailing boats are totally different business models. I asked him; please visit:-https://circlesnews.com/ https://bluenewsdaily.com/ https://fortbeez.com/ https://flaxnews.com/ Can you just get a commission from your friend to send him business and skip the detailing business? Like 20% commission, and if he’s too busy, farm out the other work to other yacht detailers? You could also be a concierge service for all yacht services and take commissions from everyone and be an online business + yacht sales, since you’ll know everyone in the industry locally eventually?

He wondered as you might if this “is it legal to take commission from the detailing company around the area and I would have to see who is reputable cause I don’t want to end up in court for stolen stuff or damage to the yachts.”

Yes, good question and this entrepreneur is savvy enough to see the potential pitfalls right away. Yes, it is legal to take a commission and in essence he’d be preventing Yacht owners from getting ripped off by making sure he only referred them to reputable operators. If he referred them to ethical operators for all their needs, maybe they’d pay to be part of a club and then he could negotiate quantity discounts for owners that were in his “buying club” and even take a commission also, having exclusive numerous clientele.

Plus, all those people in his club would be potential buyers or sellers, remember the saying; “The two best days for a sailboat owner is the day they buy their boat and the day they sell it,” meanwhile they spend a lot of money in-between, which he would now part of, and he could also help them buy it, and then when they are done, he could help them sell it, so he is in the green during the total ‘cycle of life’ see that point?

My main comment to him was this; why operate a detailing business and do all that work for only a small profit, when you can have a little smaller amount of profit, but with no risk, no employees, no regulations, no hassles, no equipment, etc? Think on this.

Leave a Reply

Your email address will not be published.