An interesting opportunity
 

http://www.offshoreonly.com/classifieds/partner-desired-o66824.html

Nothing there.

Linky no worky.

not working for me either...

must be this one?

http://www.offshoreonly.com/classifi...hp-o66658.html

I'd imagine this one...
http://www.offshoreonly.com/classifi...ed-o66824.html

So let me ask to clear things up... Looking for someone to work close to full time, if not more than full time, and being paid in ownership part , i get that. But you need to be wealthy enough to live on your savings... I guess this puts many good candidates off that project... Right?

Correct. I don't want to babysit and teach somebody that needs a paycheck.The candidate can get a piece of something that has cost millions for effort and time. Sounds like deal to me.

Obviously there is financial reward at some point or why would anybody come on board?

Well Pat..if you ever have an opportunity where someone does nothing and gets a huge paycheck, let me know. I'm in on that one! That matches the mission statement on my resume!

Do we get a free demo boat lol?

Financial reward is only based on built and sold boats.......something that has been very tough for AT in the last 2-3-4 years+.

You are looking for a unicorn that can reinvent a sales model/market that has been gone for 10+ years or atleast a guy with a Delorean that can get up to 88 mph and take you back to 2004! :D

As usual, clueless.

Good thing you don't build cats or the first resume you would receive would be from Jim David Darr. :poopoo: Best of luck in your search and hopefully it works out for both parties in the end.

Call Me !! My horoscope says that I will start a new venture this week. Very excited, let's do it !

And remember....... I am "exactly like nothing else"

Look up "AERO". Buy that instead. I am up 16% already. Cheap-cheap to own.

Make that your new venture. I am listening to a 25 year old that thinks legalized weed is the future....he may be right!

Clueless?

Are you going to sign over assets to the "new partner" just for showing up and putting on a new AT team member t-shirt?

Nobody is going to get involved in a business venture that is promising sweat equity unless that business is producing the product! Idle boat molds are useless unless they are building boats. So while they may be worth "millions" to you unless they are currently "working" it is dusty stuff in the corner of the warehouse.

How many boats has AT built and sold in the last 3 years?

That number (profits from those boats) plus a small amount for tooling/inventories is what the business valuation will be..........Not some "pie in the sky, wait until we build the new 43 or build the new XYZ model." Sure it would be a million dollar business if you sold 10-12 boats a year and made 100K each of them but not sure that is happening now or even in the next 12-24 months or ever.

Just curious, but why are you so often negative? And especially on the topic of Active Thunder?

I think what is probably needed is a key player in the sport boat game , Someone that has wealthy clients and known in the High performance world , Kinda like a Larry or Randy or even a Bob from the west coast type person , I would love to be that person to sell Active Thunder's but all my friends cry broke :)

I think AT is a awesome product and company. If you need a project engineer, I'm in! Sales, not so much. Best of luck Pat in your search.

The post was at 10:30 at night. A little alcohol and a keyboard is a bad thing... so I ignore it.

I have admired AT boats for a while. The company is responsive to it customer base and puts out a quality product. They have also been flexible enough to survive some very bad times and are still building boats. This latest opportunity is just another example of AT thinking outside the box. I like that. I am retired, with manufacturing management background and of course performance boating. If I lived in Florida or wanted to, I would be contacting Pat and listening to his ideas. It would be challenging and fun.

Pat, don't count out retired or semi retired people. There are a lot of talented people out there. They may not need to work but may look on your opportunity as not work.

Padraig

Brian,

I don't think I am negative on anything AT? I like the brand, would love to buy a 33 or 37 and have even discussed triple OB builds. Please post me a link to being negative on AT!

That being said, the boat business is hard so while I give Pat credit for putting his product out there I am also a realist. Don't sugar coat a deal with "partnership worth millions" if the molds are idle then the company is worth very little. If you owned a car wash with 1 million in parts but not a single car getting washed then the parts are simply used parts ready to be wholesaled. If you owned a bar but it is crickets on Friday night or a pizzeria that has the best ovens but no pies being made then.......used restaurant equipment looking for a new owner.

AT's success long term needs new builds.......While it doesn't need capital (Pat notes this in his ad) it still needs to build boats. Most likely everything is paid for and the "capital" would come with the expectation that it needs a ROI. Sweat equity is a less defined ROI. Even if you found the best boat salesman ever and sliced margins razor thin I still think you would have trouble finding a couple dozen buyers a year to build their dream "sport boat." This is not an AT problem, it is an industry problem.

Let's say this "super salesman/project manager exists".........Would he want compensation based on actual sales (paid commission upon every delivery) or a minority stake in a small boat builder? Me personally, I would rather have a defined compensation plan that pays good when sales are good. The minority stake is only going to payout when the company is sold, if it ever sells. Market has shrunken to just a few players, don't see 2004 production levels ever returning.

Just finished laying up a 37 outboard boat, finished laying up a 33 hull and starting the deck this week. Started another 29 with 2 more behind it. You will finally see the 29 open bow in the next 2 weeks. Painting it now. Got a new 22 in the mold, unsold however.

As I am sure you saw we just delivered a 37 with 540s and sportmasters and a few months back a 33 with 350 Verados.

If you want to paint a picture of my business why don't you get your facts straight.

By the way I never said "partnership worth millions".

What I said was : "The candidate can get a piece of something that has cost millions for effort and time." I am sure of ONE million. TWO might be an exaggeration.

So, are you going to submit your business plan to Pat? Or perhaps a Mission Statement?

[ATTACH=CONFIG]558577[/ATTACH]

Maybe you will be happier if you have the opportunity to go boating again.

Wait,,,,,,,,,, you said 37 with OB's!

Come on more details.

Why not?

I find it odd people are commenting and don't know what the actual details are.

If I lived in FL I'd be calling!!!

Only ever read good things about AT and Pat so this is a general comment towards the tough performance boat market.

Is anyone seriously tapping the overseas markets or is it just too hard?

We have members from overseas and read stories about performance boating, particularly in Europe where they have offshore racing. Are there U.S. manufacturers with any real presence there or is it only local boats with a handful of private imports? Huge population, some significant pockets of wealth and austentatious luxury toys, sounds a good place for high end sports boats.

Sadly, I can speak for Thailand and say the performance boat market is a definite 'no go' zone and I would suggest leaving it that way. I'd love to see it differently here but it just ain't the case. If it were any different, I'd be talking to someone about establishing a network here.

Take Thailand out of the mix, what about other parts of Asia such as Hong Kong and Singapore?

Just thinking out loud......

RR

Can't think of a reason why not seems everyone wants OB's now. Heck there are how many new OB cat builds right now?

Soooooooo twin/triple? What motors?

With all the extra space what's the plan,,,,,,,,,,

I do have one tech question, when you go to OB's on a hull originally designed for I/O what things get changed to help with the COG change?

One word.

Sunsation

What you're thinking of is actually two words but we don't use any of the 'C' words here.

Glad that things have picked up for you and AT! Can't wait to see the performance numbers on the 37 OB build

I have had an OB Whaler for almost 10 years now........it was out last Thursday! :D

Still waiting for you to dig up my negative AT posts!

I guess the Whaler didn't get repossessed like your other boat? :lolhit:

If a person doesn't believe in the opportunity that Pat has listed, then ignore it and move on. Why start and argument and try to discredit what Pat is trying to do. We all have opinions, but like politics & religion, you don't need to try to force yours on others.

I'd like to see a new 25 tantrum with a 8.2L. Make it as an "affordable" performance boat as possible. To me, anything smaller without drop-out bostler and low freeboard doesn't feel like a "cigarette boat." Anything much over 25ft becomes exponentially more expensive. Dry storage, slip, diesel truck, ect.. Throw in the additional maintenance, fuel, and insurance for twins and it becomes financially out of reach very quick.

I hope to upgrade from my scarab scs within the next couple years. The only boats I'll consider are AT 25, Sonic 26, and Pantera 24. Anything in this range I can store for free, easily tow with my 1/2 ton truck, and do basic maintenance on myself. I believe Pantera just shut down so none are currently in production. If you look around on the classifieds, craigslist, ect.. these boats are hard to find so I know there is a market for them.

Can't repo a boat that you have the title in hand! :D

Ah, but I believed him and so did most here.....

Now you are on the other end of an untrue rumor created by an OSO member talking smack about something they know nothing about.

I'm a 'has been' boat builder looking for a unicorn to save me and you can't even make the payments on your boat. Quite a pair, aren't we?

It's all truth but not my story to tell or thread to derail. If Jupiter wants to share his story that's on him.

Back to the original thread and I hope you land a rockstar, Pat!

Can you imagine waiting for parts.