Charter Business & Investment

Acquiring, modelling and operating charter and liveaboard businesses in Raja Ampat.

Underwriting an operation, not a boat

A working liveaboard is four assets in one: the vessel, the operating company with its permits, the brand and its distribution, and the forward booking book with the deposits already held. Buyers who price only the first of those are buying a hull and hoping for a business.

This silo covers the acquisition diligence that separates evidenced earnings from a seller's revenue headline, the deal structure that decides whether permits and agent agreements survive a change of control, the full annual cost base of a ten to twelve cabin operation, and how to build a financial model that includes the dry-dock reserve most models quietly omit.

Return figures are only as honest as the occupancy and cost assumptions behind them. Every guide here builds from the historic record where one exists, and says plainly where it does not.

Guides in this silo

• Raja Ampat Charter Business Financial Model: Occupancy, Pricing & ROI
  How to build an honest financial model for a Raja Ampat charter business: occupancy, rate, the full cost base, dry-dock reserve and the sensitivities that matter.
• How to Structure Buying an Existing Liveaboard Operation (Boat + Permits)
  Share purchase or asset purchase for an existing liveaboard operation? How to structure the deal so permits, bookings and crew survive the change of ownership.
• Annual Operating Costs of a 10–12 Cabin Liveaboard in Raja Ampat
  The real annual cost lines for running a 10 to 12 cabin dive liveaboard in Raja Ampat: crew, fuel, maintenance, dry-dock reserve, insurance, permits and distribution.
• Buying a Raja Ampat Liveaboard Business: Due Diligence & ROI
  Due diligence for acquiring a Raja Ampat liveaboard business: earnings evidence, permits, deposits, agent contracts, crew and how to underwrite the return honestly.

Take it to market on charter businesses for sale, or place an owned vessel under management.

Back to the full guide library, or talk to the broker desk.