FRACTIONAL 49% LLC share, 4788 Bayliner yacht, Charter Income - $100,000.00

Description

Buy in as an owner to this beautiful 1997 4788 Pilothouse. Itis like new and completely gone through from stem to stern in 2016. You will be purchasing a 49% member ownership in an LLC corporation that owns the vessel and will share in the expenses or income on a 51% - 49% basis. A charter agreement is in place and owners usage must be through the Charter Company but is on a reduced basis with funds returned to the LLC less sales tax. The vessel is designed to be in charter from May through September, but owners can also book time on the vessel, under the rules for charter. The charter agreement runs through 2017 and can be continued or dropped for future years, LLC Partners decide.
This yacht was in charter for the first time in the 2016 season and is a proven money maker. The charter income will offset all maintenance, insurance and moorage or storage expenses and at leave some to offset your fuel on your trips.