Fractional Ownership lets boaters enjoy a larger yacht without having to worry about the apprehensions that come with owning a yacht. Additionally, Yacht Solutions delivers an ideal yacht ownership experience by providing you with significant cost savings, complete yacht management and comprehensive concierge services.
Getting starter is as easy as 1,2,3.
- Schedule an assessment / information call today 416-907-9046
- We will provide you with a plan and program that works based on your information
- If you like what you see, you can sign up and get started right away planning to have your best summer ever!
ADVANTAGES of our Fractional Ownership Program
- You can enjoy a turnkey yacht ownership experience
- You are free to sell your ownership interest at any time
- Your yacht is well equipped to ensure memorable experiences aboard
- Your yacht becomes your home in the Great Lakes and possibly Florida in winter
- Maximum use is made of your yacht: full time yachts are better maintained, have a higher life expectancy, and hold a higher value
- Your yacht is professionally managed by Yacht Solutions
- You are provided with an annual budget that outlines the expenses for the year
- You are provided with a standard, transparent quarterly financial statements
- Full training and crew services at your disposal with concierge services
- Reserve online and your yacht is ready to sail as soon as you arrive
- The Yacht Solutions dealership provides full maintenance services to keep your boat running smoothly with 24 / 7 monitoring of vessel information.
Schaefer 400 Express Cruiser
Yacht Solutions is a Schaefer Yacht dealership and yacht management company offering Fractional Ownership of yachts ranging from 32’ to 83’ (9.75 m to 25 m). It offers full management of the vessel including maintenance and concierge-level service for no more than four owners per boat. Want to spend a couple of days on board at the last minute? Call ahead or book on the app and the yacht will be ready to go on the reserved day.
Founder Greg Marlo indicates “The biggest challenge for most boat owners is not cost, but time. This program is designed for individuals who are busy and can’t use a yacht enough to justify buying it outright. Should their situation change, our program becomes even more attractive because of the easy trade up options.”
We all know that owning a boat of any size is not inexpensive. Take a closer look at the examples below with initial purchase prices including options, outfitting and transportation. The management company estimates yearly operating costs including full maintenance and service, general operating expenses including dockage and insurance. An estimated operating budget is established for each vessel annually. Owners are then billed monthly and reconciled with actual expenses incurred. An owner is responsible for his/her personal variable expenses like fuel and provisions.
Yacht Solutions says that the average owner uses their luxury boat for about two to three weeks per year with a maximum of five weeks in the Great Lakes. Fractional yacht ownership lets an owner enjoy being aboard those weeks for a fraction of the cost. Additionally, because Yacht Solutions manages the vessel, the owners don’t worry about any of the headaches of ownership like the finances, insurance, marina services and maintenance.
|Yacht Solutions Financial Summary|
|Yacht Financials||Sole Ownership (100%)||Shared Ownership (50%)||Shared Ownership (25%)|
|Initial Investment (New)||1,000,000||500,000||250,000|
|General Operating Expenses (per year)||50,000 *||25,000||12,500|
|Annual Usage (per year)||Unlimited||60 days **||30 days **|
|Schaefer 450 Fly|
|Initial Investment (New)||1,500,000||750,000||375,000|
|General Operating Expenses (per year)||70,000 *||35,000||17,500|
|Annual Usage (per year)||Unlimited||60 days **||30 days **|
|Schaefer 510 Pininfarina|
|Initial Investment (New)||2,000,000||1,000,000||500,000|
|General Operating Expenses (per year)||100,000 *||50,000||25,000|
|Annual Usage (per year)||Unlimited *||60 days **||30 days **|
|* Subject to itineraries, budget, maintenance and turnover|
|** Summer Season|
Schaefer 450 Flybridge
Try Before You Buy
The YACHT Solutions unique ‘Try Before You Buy’ program allows interested people the opportunity to invest in a membership package of 5 or 10 outings before they make a buying decision. Entertain friends, family, clients or business associates on a fully crewed yacht in total comfort. Our crew will take care of the details so you get the most enjoyment and satisfaction out of your time onboard. Our new luxury yachts are impeccably maintained to assure trouble-free outings in the Great Lakes. There are hundreds of destinations in Lake Ontario alone with friendly yacht clubs, enjoyable beaches or protected anchorages offering a unique experience or boating adventure.
How It Works
Scheduling is done online conveniently using an app that is easy to book the boat if available right away or up to a year in advance. If an owner has the required experience and can obtain insurance, he/she can run the boat or choose to have a captain at the helm.
Boats aren’t getting cheaper and time to use them continues to become harder to come by, especially if we want to get the family together for some quality time. Fractional ownership offered by a company like Yacht Solutions requires less of a financial or time investment is a very attractive option. That’s because all the negatives like making sure the vessel is properly maintained and serviced are taken care of. It may not be for everyone, but for the time-restricted professional who enjoys the convenience to this lifestyle, Yacht Solutions could be a worthwhile consideration.
Moreover, for someone who is considering buying a yacht outright, by moving to a Fractional option that same money can purchase a much larger vessel, that will be used for the same amount of time. If an owner wants to increase in size, their shares can be sold, and he/she can then step up to a larger boat. As well, if an owner wants to opt out, that can easily be done as there are exit points written into the initial sales agreement. That’s smart management of both time and money.
Schaefer 510 GT Pininfarina
www.theyachtsolution.com (416) 907-9046