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So the skipper is said to have a "6 pack license", and his/her boat is called a 6-pack charter boat. Nope. Most of us six pack guys have 25, 50 or 100 ton masters licenses. The six pack refers to the fact that the boat is uninspected and the Coast Guard limits all uninspected boats to a maximum of six paid customers.
To start this business, you will need a boat, proper licenses and permits, business insurance, and knowledge of popular and remote fishing areas as customers expect to catch fish during their trip. Apply for a U.S. Coast Guard captain's license to legally operate a boat and charge people for fishing trips.
To start this business, you will need a boat, proper licenses and permits, business insurance, and knowledge of popular and remote fishing areas as customers expect to catch fish during their trip. Apply for a U.S. Coast Guard captain's license to legally operate a boat and charge people for fishing trips.
According to FinAngler Charters, which created a business plan for a fishing charter in Florida, a new boat can be had for a little over $41,000, but they also can cost much, much more. Other startup expenses that FinAngler Charters lists include: dockage, which was budgeted at $2,400.
Most outdoor guides make between $75 to $150 a day, with some in high-demand tourist areas making closer to $400 a day1. Your average professional fishing guide makes around $55,000 per year. It's estimated that well-run charter businesses should earn a 25% profit.
Some state requirements are rather rigorous, while others are more lax. Many states require guides to have a coast guard license, CPR certification, and insurance.
Our running average for tips is about $2250 per charter. Charters are usually 7 days. So, each earning around $5000 extra per month on top of our salaries is pretty good.
How much profit can a fishing charter business make? A well-run fishing charter business should earn about a 25-percent profit. Going out 200 days a year, this would equate to an annual profit around $34,300 (after the captain has been paid).
Not only does the job description change from boat to boat, but the way mates are paid can vary from one operation to another. Like most charter mates, Hagerich gets $100 to $150 dollars per trip from the captain and tips from the anglers, which run 15 to 20 percent of the charter price.
The average salary for the captain of a "mega" yacht -- typically those in excess of 100 feet -- runs about $150,000 a year, not including bonuses, Montefiore said. The larger the yacht, the more you can make, Saxon added, noting that some top captains can earn $200,000 and up.
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