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Known for its sun-drenched beaches, vibrant nightlife and luxurious waterfront properties, Miami also stands out as an epicenter for the yachting industry. The city has experienced a boom in the boating and yachting market, creating a unique opportunity for investors looking to take advantage of the region’s tourist appeal and luxurious lifestyle.
Boating and yachting has become a fashionable activity and a status symbol in this cosmopolitan city. Tourists and residents seek to explore the beauty of Miami’s coastline and nearby islands, generating a constant demand for charter services and boat excursions. Boating culture is ingrained in Miami, investing in boats and yachts not only means tapping into tourist demand, but also catering to a local customer base passionate about the boating lifestyle. Boating events, regattas and water activities are central to Miami’s identity, creating an environment conducive to the growth of the boating business.
The traditional model in yacht charter agencies consists of operating with private owners’ yachts in exchange for a commission of approximately 15%. However, operating with its own fleet allows minimizing losses and obtaining profit margins close to 50% on the boats.
The business is simple but innovative. Clients make contracts with the yacht owners to rent the yachts for 4 to 8 hours to clients and tourists. For example, the most luxurious yacht measures approximately 40 meters and has all the luxury typical of these vessels.
The entry-level service includes the rental of a 13 or 14 meter yacht at a cost of approximately US$ 1,600 for 4 hours, including crew. The most luxurious service costs around $14,500 for 8 hours of service, including chef and jet sky, among other attractions, such as diving equipment.
In addition, as environmental awareness grows, consumers are looking for more sustainable options. The boating industry is no exception. Investors can differentiate themselves by offering greener boating options, such as electric boats or yachts with clean technology. This not only benefits the environment, but can also attract customers who value sustainability.
Somos una empresa dedicada a la gestión legal para la apertura y expansión de empresas dentro y fuera de los EEUU.
We are a company dedicated to legal management for the opening and expansion of companies inside and outside the United States.
Somos uma empresa dedicada à gestão jurídica para abertura e expansão de empresas dentro e fora dos Estados Unidos.
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