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How much
money can I make? How much is the license fee?
What does the license fee include?
How do you estimate the monthly profit?
Is it possible to adjust the collected
fee structure in your business model to increase
the revenue stream? For instance $2,000 Initiation
and Training Fee, $2,000 Security Deposit, and $500
Monthly Usage Fee.
Do you provide the Web Hosting services
or do I contract locally?
What type of candidate do you accept
to be a Base Owner?
How can I secure the area I live in
for a SailTime License?
Who owns the business I operate?
Can I start out part time and grow
this on the side?
Realistically, how much money can
I make?
Why can't I just duplicate what you're
doing?
Can I get more information?
If I became a Licensee today, when
could I be in business?
Who does the Member contract with?
Is there a Member Manual? Can I see
it?
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How
much money can I make? How much is the license fee?
We charge a standard license fee for all the
systems and work we have done for you. The license
acquisition fee is $25,000. The annual license and
support fee is $12,000 plus $100 per month per boat.
This fee includes many of the marketing materials
you'll need to launch your business and provides ongoing
support from SailTime Licensing Group Staff including
visits to your location.
Each boat can be considered a business unit and nets
you about $1,200-$1,500 per month. Ten boats will
return you about $120,000 per year with about 40 hours
per week. You'll need to subtract the license fee,
advertising and G&A costs from this. Of course
we are not offering any guarantees. Income you make
depends entirely on your level of investment and effort.
An important part of the due diligence process is
the development of the business plan for the specific
market that you will develop with our support.
What does the license fee include?
Licensing of the business model, name, branding, logo,
website, marketing materials, leverage of relationships
with boat manufacturers and cost savings, access to
technology (E-ttendant, scheduling engine, etc.) that
we have created, web development for local area, business
model knowledge, all financial models that create
a feasible model for Members and Owner-Members, working
systems and processes refined by our Members over
the past four years, business rules and logic that
have been refined over the past four years. Continued
consulting to help you grow your business, brand equity,
goodwill, relationship leverage with industry giants
are just a few things you get when you join our winning
team.
How do you estimate the monthly profit?
For example, on a Hunter 33, you would typically collect
an Initiation and Training Fee of $1,000, a $1,500
Security Deposit and $425 Monthly Usage Fee from each
of the 7 Members. When expenses are subtracted, the
profit amounts to approximately $1,200 - $1,500 per
boat.
Is it possible to adjust
the collected fee structure in your business model
to increase the revenue stream? For instance $2,000
Initiation and Training Fee, $2,000 Security Deposit,
and $500 Monthly Usage Fee.
You may adjust the fees, but of course that is your
business decision. We calculate pricing based on research
in each base’s marketplace and give you our
recommendations as to the price point we think your
market will accept.
Do you provide the Web Hosting
services or do I contract locally?
We will maintain and provide all the web services.
We will provide all the technology and you will be
able to customize your local area web information
for marketing and informational purposes.
What type of candidate do
you accept to be a Base Owner?
We accept applicants with an extensive business, sales
and marketing background along with an expressed level
of passion and commitment to developing a successful
and thriving business. Several years of sailing experience
are also helpful.
How can I secure the area
I live in for a SailTime License?
Once we have met and feel that your application and
business plan and vision is strong, we will accept
a deposit and letter of intent to put a hold on the
geographic area of your choice.
Who owns the business I operate?
You do. You will simply purchase a license from us
to use our systems. We provide on going consulting
but the business is yours to run. The operational
guidelines are spelled out clearly in the license
agreement.
Can I start out part time
and grow this on the side?
Yes, in-fact several of our licensees are already
doing this. However, marketing and operating the SailTime
business does require a significant time commitment.
You'll need to have a very flexible schedule and be
able to convince us that you have the time, plan and
resources.
Realistically, how much
money can I make?
If you could bring on 2 members per month, in the
first year you could generate nearly $40k of potential
income. By the end of the 2nd year you could clear
$120k with $5,000 per month in ongoing income. Once
you get 10 boats in your fleet you could be making
$9,000 per month. Now that's a great recurring income.
Of course these results are forecasted and will be
based upon your performance. You will be required
to develop a business plan that incorporates you’re
your local considerations. SailTime does not warrant
or guarantee that you will do this.
Why can't I just duplicate
what you're doing?
You can! Keep in mind that the opportunity cost for
doing so will be significant as we have paved the
way with our relationships with manufacturers, vendors,
suppliers, etc and provide all of this to you as a
part of the process. We have invested heavily in technology
development and have incorporated years of knowledge
gained from operations into our processes and infrastructure.
You can absolutely develop this business on your own
but you will need to invest years of your own time
and hundreds of thousands of your own dollars making
the mistakes and learning and growing all the facets
of the business. With SailTime you can focus on growing
your business locally and keep in mind that while
small it will difficult to leverage the volume power
that SailTime can provide with its network of 30+
bases.
Can I get more information?
Of course. Please fill out the information request
form and we will contact you to set up an initial
discussion. We have formulated a very specific process
called 0-360 that assists all candidates in understanding
the steps required to start a SailTime base. SailTime
spent 4 years developing the business model and continuously
testing it to ensure it would work. You should do
as much due diligence as you are comfortable with
before you ready to begin. However, keep in mind that
we are actively selling licenses to those who do their
due diligence in a timely manner.
If I became a Licensee today,
when could I be in business?
We have developed an entire business system set up
sequence to allow you to start your business in a
professional manner. This process is called 0-360.
All candidates are encouraged to take whatever time
is required to make themselves feel comfortable that
this is the right opportunity. We do not hurry the
process along, but we do make candidates aware when
we have several competing candidates for a location
and coordinate biz plan reviews to facilitate the
decision making process. Talk to us and we'll get
you on the right path. We'll help you with financing
arrangements, insurance on the boat, purchasing the
boat and beginning your marketing plan. After you've
filled out the information request form, you'll be
taken to the next steps page, which will show you
all the steps we've put in place to help you get your
business started properly.
Who does the Member contract
with?
The Member contracts with the local SailTime Base
Is there a Member Manual?
Can I see it?
Yes. We have written a Member manual that you and
or the Member can simply download. A copy of this
is made available once we have received your application.
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