Sail Grenadines have a Profit Share yacht management scheme that takes away any of your maintenance or management worries. We are family run and our schemes are built on high standards of yacht and customer care and a recognition that every client has different plans and wishes. A very flexible approach is taken to when setting up our management programme.
We have a wealth of experience in charter arrangement, with over 50 yachts in care in our Greek sister company Sail Ionian and 10 + yachts and catamarans now in the Caribbean. We are looking to expand our Caribbean fleet with 3 new yachts/catamarans added each year.
WHY PLACE YOUR YACHT WITH SAIL GRENADINES?
HOW THE SCHEME WORKS
Sail Grenadines will look after your yacht all year, she will normally be on the water from October until July/August (Longer to suit charter bookings and usage requirements). During the season she will be based on Bequia and in the summer she will be typically stored in a Grenada boatyard, which is accepted as hurricane safe by most insurers. When in Bequia she will be checked daily with regular engine running and inspections and managed fully as needed.
We will advertise and arrange charters on the yacht – either skippered or bareboat – as agreed during the period when the boat isn’t being used for private use. In between charters maintenance will be carried out on the boat on a preventive and repair basis.
We ask out owners to book their usage of the yacht in advance. She may be used at any time if she doesn’t have prior bookings. When she is chartered, the income from charter is generally split 35% / 65% after deduction of direct charter turnaround expenses. Sail Grenadines will bill owners for insurance, maintenance and repair costs and mooring fees when not on charter and a deposit will be taken from charter clients equivalent to the insurance excess in order to cover any possible damage on charter – up to the insurance excess.
The yacht must be coded to a recognised commercial standard allowing her to be chartered and this standard must be maintained. Coding requirements vary depending on the nationality of the yacht in many cases. John Sharratt, our yacht services manager, can advise on this and any other aspect of the scheme. Email email@example.com or john@Sailgrenadines.com for more information.