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Old 21 May 2010, 12:24   #1
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Country: UK - England
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12 Passenger Charter RIB

Hi,

I am thinking of purchasing an 8m+ RIB which can carry 12 passengers plus 2 crew. This might be for private use initially but then coded for comercial use.

My question is:

Is there actually a vibrant market for a skippered or bareboat RIB of this size/type?

Thanks

Simon
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Old 21 May 2010, 13:18   #2
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Depends where you operate it, how much you charge etc...
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Old 21 May 2010, 15:10   #3
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It would certainly depend on where you operate from. Two tourist ribbing companies have recently been sold here in the Channel Islands.
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Old 23 May 2010, 02:04   #4
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http://rib.net/forum/showthread.php?...unn+bradstreet

What sort of Master Mariner are you? Does your Area of employment offer any oportunities. i.e I would imagine a master of a crane barge would have more opprtunity for working a rib than the master of a box boat
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Old 23 May 2010, 15:05   #5
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Thanks for the advice thus far.
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Old 23 May 2010, 15:57   #6
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I see you are based in Kent a chap who used to post on here run a firm called new horizons or something like that from Ramsgate .

Not sure if he is still going ? 250 knots who post on here has just started up in Poole so good to talk to C2 ribs also posts on here and he runs a charter rib company , also a young lad called Tim M posts on here and he works for a rib charter company so maybe talk to them.

As others have said depends on where you want to do it , and what is on offer fast ride or sight seeing what are the visitor numbers to you area what precentage would be interested in some type of experience.
Short seasons in the charter game but more of a lifestyle than get rich quick game .
Cheers
Tim
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Old 23 May 2010, 17:32   #7
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Country: UK - England
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Quote:
Originally Posted by simon-moore View Post

My question is:

Is there actually a vibrant market for a skippered or bareboat RIB of this size/type?

Thanks

Simon
Simon. Tim Griffin has stated we operate based around larger ribs for charter with helm. We operate predominately in the Solent which has a high demand for RIBs but it also has a very high number of operators. 250 set up in Poole based more around what you have listed with a larger 12 seat? and two crew and offers RIB rides out to heritage sites and has time runs out whereas I tend to run with clients wanting to watch an event, sight seeing or special events along with treasure hunts.
Not knowing your area that well it will depend on what can be offered/demand for type of operation.
Bare boat is offered by some operators but with heavy overheads. As for vibrant that is a good question, the area of operations and also I would suggest others doing the same may dictate this.

If you are wishing to offer larger party groups you would need to have access to more craft and preferably of the same make/look/power etc which sometimes might dictate what craft you buy/use.
You are welcome to pm me details/questions and I think Tim nailed it with a way of life and never get rich until you add/diversify what else you offer.
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Old 03 January 2011, 13:49   #8
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Tim/Ian many thanks for your replies.

Could anyone please advise the approximate bareboat charter rates for a 10 metre 12 seat RIB. This is for the boat only and does not include skipper of fuel.

Thanks in advance and a Happy New Year to you all.
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Old 03 January 2011, 15:17   #9
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Be very careful if you are even thinking of bareboat charter, think about how most people treat a hire car!

An 8m tib with 14 on it, will be snug and the seating positioning will be critical. From my short experience with Joe Public, I would always want to be able to see what they are doing and therefore have the helm at the stern.

If it is a start up business and in a "new" area, do lots and lots of market research and then do some more. Your biggest threat is the "rose tinted" glasses! Then decide on your target market, anywhere from the stack em high, sell em cheap - to the high spec, very personalised service. The ever increasing cost of fuel must be considered, but if you are operating commercially you can claim the duty & VAT back.

If and when you start up, have at least 30% of your estimated start up costs available in the bank, as cash flow mid way into the first season could be be a killer. You will be paying out up front and there will be a time lag in the refund of duty/VAT.
Good luck
Steve
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Old 05 January 2011, 15:27   #10
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Quote:
Originally Posted by simon-moore View Post
Hi,

I am thinking of purchasing an 8m+ RIB which can carry 12 passengers plus 2 crew. This might be for private use initially but then coded for comercial use.

My question is:

Is there actually a vibrant market for a skippered or bareboat RIB of this size/type?

Thanks

Simon
Hi Simon

Having recently been exactly 'where you are now' I have a few thoughts that may be of assistance to you and not least, a few experiences with different manufacturers. If you'd like to PM me with an email add' or contact, I'd be very happy to share a few lines ...

Kevin

www.powerboatsandyachts.com
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