Syndication Management

How it Works?

BSA acts on behalf of clients to facilitate the syndication of boats ranging from 40ft-100ft. Boat syndications can range from 4 to 10 owners depending on the how many days boating you require.

BSA operates a highly transparent financial structure for clients. The normal practice in the industry is to charge a set fee each year to cover all costs. We believe this arrangement is often against the interests of client, often disguising actual costs. BSA charges a set management fee and all other costs – such as berthing, maintenance and insurances - are split evenly between the owners, offering complete transparency and no additional mark-ups. All fees are quoted and finalised at the beginning of the three-year syndication period so you know exactly how much you will have to pay per annum. NO HIDDEN SUPRISES!

Fast facts:

Typical Syndicate ownership:

10% Boat Shares

• Ten shares available in each boat
• 3 year ownership
• Net proceeds of the sale at term are divided evenly amongst each owner, NO EXIT FEE.
• 33 days per year plus stand by days
• Bookings are administered via an online booking system
• Full training provided
• Comprehensive boat management program
• Full engine manufacturers maintenance and service package
• Other options available 4 owners 25% etc.

Our Objective

BSA’s objective is to provide a premium boat management service throughout the term of the syndicate, ensuring maximum equity is retained in your boat. 

How we achieve our Objective:

• Constant preventative maintenance service
• Attend to any mechanical issues outside of routine checks to avoid any further damage
• Attend to any large or minor repairs that can impact on devaluing your boat
• Regular communication with our customers to ensure complete customer satisfaction
• We have a sensational team who deliver an exceptionally high standard of service and are available on a 24 hour basis.

Benefits of our service

• Our experience – we understand what is required to ensure a syndicated vessel is immaculately maintained for each owner to enjoy
• We guarantee your boat will be immaculately clean, ready for each use with the entire necessary inventory including both fresh beach and bath towels.
• We understand all syndicated owners want to gain a maximum return at the end of the contract and know that a quality management service is the key to success!
• Our services can be validated by 100% of our clientele which speak for itself,
• 60% of all our clientele are referrals

Management & Cleaning Services

Our standard management service includes:

• Refuelling vessel after each use (fuel costs are additional)
• Coordination with trades people for any type of work required and bulk negotiating to get the maximum trade discount
• Administration – processing accounts, customer liaison
• A detailed cleaning program (including interior and exterior) after each use to ensure the boat is immaculately maintained and presented for each owner
• Linen, towels, coffee, tea all supplied for each owner

Any maintenance required we try and schedule between 6am-9am to eliminate any interruption to boat owners.