We do the restore for profit plan every day and see no end to the work coming in...... the flip for profit part we stay away from because no proof that it exists has been found to date.

My $.02 on the 46 is that it isn't a repair for just anyone to perform and the boat collided with a MTI in Miami Florida (2010) where people died....Mixed Emotions has a BIG damage area on her side which has to be even larger sub-surface and running into the running surface.

My Way was repaired by John Cosker after her Incident on the St. Lawrence......Fuel Tanks and a repair that would be needed on Mixed Emotions, to be competently and unquestionably done right would have to be performed back at Skater by Peter.... possibly Glass Dave if he was up to the size of project.

If not, I would be walking away - if not running!

I am not trying to put a damper on anyone's ambitions but the liability of such a structural repair is way beyond monetary - someone would get seriously hurt or killed with a faulty repair.

Also, the way I look at the repair - No one has fixed the boat up to this point which means the boat would not gain in value repaired vs as it sits today without the expense of the repair tacked on top.

1+ Very true point

You said it needed to do 100... my calculator doesn't go high enough to figure the cost of a pair of motors and drives to make that 40 go 100. and a 46 skater that does 100, if someone is in the market for a 46 skater they are going to want to go significantly faster. Also per your business plan, someone looking to buy a skater probably is not shopping for a wrapped boat emblazoned with logos for Jimmie's burgers and Franks Ace Hardware.

I think you would be better off trying to turn 4000 boats into 10000 boats and working your way up,

Sorry, let me rephrase that, buy, restore, then sell for profit. I understand how the restore for profit plan works as long as it is a customer writing the check.

i see where your coming from, though i am on a different level of thought. Im not going to really open up my ideas over the web. ive been in contact with glassdave and he gave me some insite on my idea. and yes, i am going to offer that too. my shop is going to offer a one stop shop for customers. if they wanted a damaged race boat to a pleasure boat with custom paint, interior, and rigging, i can offer it all under one roof. and then finding boats like mixed emotions and going through it with a fine tooth comb.


i see where your looking at this.. yet though it seems alot of you guys think im some wanna be using a home depot fiberglass patch kit thinking i can fix that boat with 100 bucks and some dreams. maybe a 2x4 and some drywall screws. i am working in and with a very well known glass and boat repair shop for the whole north east. the boat is no where near too far gone. i might go to look at it in a few weeks when peter gets back from florida.

Phragle- i am working with a graphic design business right now. i am looking at doing a custom paint then a wrap to intervene with the paint. this wrap is where i would have the logos placed. then with have the wrap be able to be removed with the custom paint still there. and no, i see exactly what your saying and already working thought about and around that.

and yes, i am doing that, turning cheaper boats and shining them up and workin my way up. only thing that is going to kill my profits are new motors.. 25k for 3 new verados... i would have to get the hull and trailer almost for free to make any profit there. so ya, certainly things i need to still figure out and see what works and what doesnt. thanks for everyones input thus far!


i got a few questions though, people on this forum, theoretically, i bought and repaired mixed emotions, did some cool stuff to it, the hull was sound. fixed 100% right. and i had it priced not at the moon... would you stay away from it knowing its past history or would you not worry about it cause of what it was turned into?

for example... some of the skis i built before and after pics. granted these are old and you can sometimes get them for free. but everyone knows when you build a custom ski its always started off from an old hacked up hull... no one cares... do you think with boats, if it was damaged, even if it was fixed properly someone would stray away from it?

http://i41.tinypic.com/bil0le.jpg
http://i43.tinypic.com/2rf7fqu.jpg

The other thing to think about is the offshore community isn't really that big, big enough to make a decent living if your really good and have a reputation. (I know Glassdave as a friend. he works hard, does excellent work and has an excellent reputation. He is not rolling in a skater or outerlimits or driving a new blinged out superduty but he does have work and lots of it. What can kill you is a small bump in the road around here. The first time somebody has an issue with your work around here, everyone is going to know about it. The first time you have a part backordered you need for a job you quoted 3 weeks form but now takes six, everyone is going to hear about how your lagging. I actually wish you the best of luck and not trying to discourage you, just making sure you realize why people say the quickest and easiest way to make a million dollars with boats is to start with two million.

I appreciate all your responses guys. Just trying to gain a feel and get stuff in line. And honestly I'm not looking at rolling in escalades or outer limits or a mansion. I'm just wanting to start a business that I can enjoy going to work every day and do a great job at doing it. And have a fun time with doing it. Defiantly not over here saying "ya ill be a millionaire when I'm 25" ya know what I'm saying?

Did you hang out on pwc today and hx2o?

Ya I used to. A bunch of people got hard ons for what a few guys did and my attitude a few years ago people just made jokes about my work yet every ski I sold the customer was happier than a pig in a ****

Officially subscribed...

One thing to note, you said the 46 the motors have to be turn key, and by turn key run 100.. Not 150.


I would jump out on a limb a healthy 46 skater with twin cobra 1200's would run 150 all day. So 2 motors with their tongues hanging out would still push it to 100. And anyone that is gonna drop 6 figures on a performance boat will have those motors checked over heavily with compression tests and leak downs. Possibly even an oil analysis. So that boat better run good, real good, and run the numbers a healthy boat in its class should run. That's what is going to get a 6 figure purchaser.

Maybe I should get out before I'm in too deep. Mini Darr

To be honest I wouldn't touch a heavily damaged/ repaired boat like that.

Just my .02

This thread is hilarious! A kid that flips $3,000 jet skis is going to revolutionize the offshore industry by restoring wrecked boats for profit. Why don't you call and talk to Pete first - I'm sure he could use a good laugh!

yes i know, i might have said it wrong, i was meaning any boat, where i would be selling most and advertising most should be turn key. this skater is a whole nother ball game i know that. i am even looking into having the motors checked out before i talk numbers.

I see you mentioned in a post on the last page that you already work in a high end glass shop and you are looking to open a one stop shop. Do you own it? If not do you have a $$$$ bank roll? I did not and with all the talent in the world it took me 35 years to get where I am today. I also noticed you mentioned "when Peter gets back". Are you taking about Peter Watson AKA "Repete" ? If so say tell him I said hi.

Much easier in this business using the boat owners money rather than your own. I personally would never consider buying and TRYING to sell any type or size of boat needing any type of work unless it was all free to start with. Even that plan will most likely bring you less than your hourly rate when done.

It depends for me. There's a certain cat I've been interested in owning for a long time that has submerged in salt water but went back to the factory and was totally redone. To this day, I'd still be interested in owning it.

What cat is that?

I would be interested as well.

Is it the red and yellow 36?

Believe this will be the Trend moving forward in HP boating

http://www.youtube.com/watch?v=CIcGLjjOOb0

We emailed, exchanged numbers, and said he'd contact me first when he decides to sell. I haven't heard from him yet so I assume he's not done enjoying it yet.

I don't know his last name. It's Peter and double R where the skater is at. And to answer your question yes about the bank roll. And that's good to know about the owners money but you gotta start with a boat to show what you can do. Like in this industry if I just came on here saying I customize boats y'all would be like ok ya cool... Glassdave!!.... Ya know what I mean?

Its been for sale on craigslsit for at least the last month. Advertising Smith Power and $2500 a month payments.

http://loz.craigslist.org/bod/4139461715.html

I'm not even remotely interested in that boat due to its history and the seller...

He seems honest and is very thurogh in his ads :lolhit:

:lolhit:

Trust me when I say this..... I made the jump from jet skis to boats. I l
Love my boat and would not go back for any reason. But it is a huge step... And these things will drain your bank account fast. I just went to a 28ft twin engine V hull. If your going to go threw a boat figure every nut and bolt and multiply that by 2.5 and them you will be close. I highly doubt you will get much $$ from sponsors.... There are guys out there with top notch set ups that would toss some stickers on for a fraction of what it will take to do what you want to..... And if you do decide to due this ..... The more you spend in the beginning will save you way more on the back side.


Best of luck to ya nobody got rich listen to people tell the "you can't "
But in this case I think you should listen to the guys on here

This is a totally different level that jet skis

I don't think he has really researched how much all the little things add up and how quickly they do. I'm just doing a basic re-rig and updating on my little 24/7 right now and it is going to be costing me thousands of dollars, and I'm doing the work. Will it increase the value of my boat? I doubt it. But it is worth it to me because I will be keeping this boat for at least another 5 years.

Boat is a hole in the water you pour money into.

Don't get me wrong I like the kids ambition and his interest in mechanics, not many kids now want to turn wrench's and do actual work. I can't even begin to imagine what it will cost to put that Skater back in running condition. Maybe he should find an old 24/7 that has been rotting away in someones back yard to try and flip first. Can most likely find one for next to nothing. That way if he loses money it won't be that much. That Skater could bankrupt somebody fast.

Better patten them ideas. You're the next aronow or fountain for sure!

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If there are boats you want me to take pictures of in NJ, please let me know.









noli

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315Duramax, your input box is full
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i know what yall are saying, but like i said... i got another way of doing it. where its not costing what you guys are thinking... but anyways, for you nay sayers... ill see yall at the miami boat show in a few years :whistle:

See you there! I will so buy a beer and pretzel from you!:bunnydance:

There is not another way of doing it Dmax315. Glass work and rebuilding power boats is now an exact science. Especially when you are talking about 100+MPH boats. Go ahead and blow what money you have! I can't wait to see your work!! Glass work on a 40-50MPH Kawacrappie Jet Ski is not the same as a 100MPH plus boat. Or any boat.

like i said, im not talking about fixing boats with home depot patch kits and youtubing glass work videos. thanks for the reply though!! :ernaehrung004:

Have to ask have You ever owned a large twin engine power boat?

I figured he'd be sweeping floors.

Well stop talking and buy that 46 Skater! Lets see what you got!!!!!!

Im in the same boat.

24x7 for sure...bad ass ride..... My dream is to build one