Yacht Management

The old adage about the two happiest days of a boaters life is not about lost equity, it is actually about lost time. Owning and caring for a yacht is a time consuming job that requires experience and specific skills. Coast created the Owner’s Club to give yacht owners back their time and provide them with the expertise required to solve problems and protect their assets. As a member, you have full access to Coast’s management team and our founder. We are there for you 24/7, should you need crew, concierge services, catering, advice on buying or selling, emergency service and more.

Owner’s Club Yacht Management offers three packages that vary by level of care:

 

Deckhand

MONTHLY FEE: $35 PER FOOT

  • 1 Weekly check up

  • Check shore-power

  • Run/ check all systems

  • Check tanks, lines & fenders

  • 1 Weekly (full) wash down

  • 2 Stainless steel treatments per month

  • Log engine & generator hours

  • Receive monthly report detailing completed work


Bosun

MONTHLY FEE: $45 PER FOOT

Includes all service provided in the Deckhand package plus:

  • 1 Window treatment per month

  • 1 Paint polishing per month

  • Clean all bilges

  • 1 Teak scrub and reconditioning per quarter

  • 1 Full engine room detailing per month


Captain

MONTHLY FEE: $75 PER FOOT

Includes all services provided in the Bosun package plus:

  • 1 Full interior detailing per week

  • Safety equipment checks

  • Clean & organize lockers and hatches

  • Clean & protect all exterior covers once per month

  • Light provisioning

  • Full management (coordinate maintenance, refueling, divers, storage, etc.)

 

Charter Revenue Sharing

Owner’s Club members who have an appetite for charter revenue and tax advantages* have the option of enrolling their yacht in the Coast Yacht Club and Charter programs. The smartest decision you will make is to treat your yacht as a business asset that generates cash flow while you are not utilizing it. Coast takes care of all the details, from the marketing to the execution, and we share 50% of the revenue with you! You will have full access to Coast’s scheduling calendar to block days and you can turn off the cash flow when we've reached your goal. Adding your yacht to our program fleet is simple and easy.

*Consult with your CPA about possible tax advantages that may flow to you such as tax depreciation, expensing and/or 179 deductions.