Yacht Charter Ownership Program – Maximum Income Program
Horizon Yacht Charters is the premier yacht charter management company in the Caribbean, offering yacht charter ownership programs. Our meticulously maintained yachts, impeccable customer service and exceptional value for money ensure satisfied and happy charter guests, a busy Caribbean charter yacht fleet and competitive financial returns for our yacht owners.
Under our Maximum Income / Unlimited Sailing yacht charter ownership program, as a Horizon yacht owner, you receive the majority of the charter revenue and Horizon Yacht Charters receives a yacht management fee. The costs your vessel incurs are applied against your income (dockage, insurance, maintenance, turnaround fees, annual haul-out, launch, and license fees). The remainder is net revenue to you.
- Owner Usage: Under the Maximum Income charter ownership program, owners can enjoy unlimited usage of their yacht year round. On average, owners sail on their yachts four weeks per year to maximize charter revenue. You can enjoy a Caribbean sailing vacation on your yacht when you wish, or invite friends, family or business associates to use your yacht.
- Income Projections: We prepare projections for each yacht which reflect the expected average number of weeks the yachts would typically achieve in a year. The weekly charter rates are set by market comparisons. Our rates are very competitive and designed to produce volume charters, while reflecting our market position as the best charter company on the water.
- Projected owner expenses: Dockage, insurance, annual licence fee (BVI only), turnarounds (relative to number of charters) and annual haul and launch are the fixed costs. Maintenance is variable depending on the systems aboard, age of the vessel and the number of charters per annum. Dockage is payable one month in advance. The annual haul-out includes antifouling the bottom and replacing anodes.
- Turnarounds: This fee incorporates the labour used to prepare a charter vessel (technical, rigging, shipwright and interior/exterior cleaners) along with chart-briefing and boat-briefing the guests. It also includes the completion of pre-charter and post-charter paperwork and the products used to clean the vessel, plus the Starter Pack and Welcome cocktail placed aboard for the guests. A professional diver inspects and takes video footage of the hull, rudder and keel, between every charter. When an inspection/repair during the turnaround procedure requires more than 15 minutes, it becomes billable and will be itemized on your monthly statement. Hence your monthly statement also serves as a full service history
Yacht Owner Referrals
In addition to the benefits above, if you refer the names and contact details of potential charter guests and we subsequently book their charter, we will give you an additional percentage of the gross revenue for referrals.
World Wide Sailing Program
Our World Wide Sailing Program offers Horizon’s charter yacht owners sailing on a comparable yacht in other exotic destinations. In addition to Horizon’s Caribbean locations – the BVI, Antigua, Grenada, St Vincent & the Grenadines – Horizon has teamed up with select charter companies in fabulous sailing destinations around the world to complement your lifestyle and enhance your yacht ownership experience. Global destinations include: Australia, British Columbia, Greece, Turkey and others. Global points are awarded on an annual basis and the amount of points used is determined by season and location. The World Wide Sailing Program is available in conjunction with either the Guaranteed or Maximum Income Yacht charter ownership programs, but please note that it influences the amount of sailing time on both programs.
World wide yacht charter ownership programs with Horizon Yacht Charters.