jet skis
#16
Just Joined
Thread Starter
Joined: Nov 2009
Posts: 16
Re: jet skis
I am waiting for Kingfish answer - what kinda joint is this guy tinking of runnin? He betta do is sums and come up wit sum answers as I tink he is gonna be up sh** creek bout a paddle.
#17
Banned
Joined: Jul 2009
Posts: 116
Re: jet skis
Kingfish we are all waiting for your answer kindly share your knowledge with us tell us which craft are best for the business and whyare you now trying to google an answer since you have a profitable jetski business in Tobago please share you knowledge we are all waitingback up your talk and dont run away.
#18
Forum Regular
Joined: Jan 2009
Posts: 184
Re: jet skis
Well, I think all businesses aimed at the tourist market are pretty competitive, but that doesn't mean new people can't make a success of it. Kingfish said they'd done their "homework", but I doubt that means he/she is about to share their business plan on here with us.......... lol
#19
Banned
Joined: Jul 2009
Posts: 116
Re: jet skis
Ikon you misunderstand my question to kingfish, i said that i have bought 2 brand new VX110 waverunner /jetski,kingfish said that these craft is totally unsuitable for the business.So i am asking which craft is suitable i dont want to hear any business plan because what i forgot about jetskis kingfish will now have to learn,thats why he/she cant come up with an answer to my question kingfish is all lost for words,when Bajanpolice talk about the jetski i give an honest answer,kingfish on the other hand say he/she has a profitable jetski business in Tobago but cannot say which is the best Jetski to use sounds like JOKA SMOKA.
#20
Forum Regular
Joined: Jan 2009
Posts: 184
Re: jet skis
Ikon you misunderstand my question to kingfish, i said that i have bought 2 brand new VX110 waverunner /jetski,kingfish said that these craft is totally unsuitable for the business.So i am asking which craft is suitable i dont want to hear any business plan because what i forgot about jetskis kingfish will now have to learn,thats why he/she cant come up with an answer to my question kingfish is all lost for words,when Bajanpolice talk about the jetski i give an honest answer,kingfish on the other hand say he/she has a profitable jetski business in Tobago but cannot say which is the best Jetski to use sounds like JOKA SMOKA.
I'll just say good luck to Bajanpolice and Kingfish. Speaking as someone who makes a living from investing in new businesses, I admire anyone who is getting out there and trying, and hope it works out for both of them!
#21
Just Joined
Joined: Oct 2009
Posts: 19
Re: jet skis
I am not sure if you have a license to own a jet ski in Bim as of yet, but there are none left to purchase from the govt. This is not the same as having a boating license.
We own a jet ski for personal use only and purchased ours from someone privately that no longer wanted theirs. There is a limit on how many can operate in Bim, whether for private use or financial gain. I thought you may find this helpful in your decision to go ahead because you may be stuck trying to bring one (or more) in.
#22
Banned
Joined: Jul 2009
Posts: 116
Re: jet skis
you dont need a license to own a jetski it is true the government has a limit.
Here is a list of what you need,if you want a brand new jetski import.
1) an import license,(which is not needed because you can just pay a person to bring the jetski into barbados that has one.
2) Registration numbers,(you can purchace these numbers from any boat owner that does not want them anymore ,these must be hire numbers (H) or (P) private.can cost you minimun $5000 for hire numbers renewable yearly $200
3)Insurance $4000-$5500 yearly
4)Barbados boat license.Which have to be taken at the coast guard
5) Boat safety document $100 yearly.
You can buy a second hand jetski which must come with registration numbers by law any person selling a second hand jetski must turn the numbers over to the new owner.
So if a new commer wants to get into the business to hire jetski to tourist he must have the above.
Here is a list of what you need,if you want a brand new jetski import.
1) an import license,(which is not needed because you can just pay a person to bring the jetski into barbados that has one.
2) Registration numbers,(you can purchace these numbers from any boat owner that does not want them anymore ,these must be hire numbers (H) or (P) private.can cost you minimun $5000 for hire numbers renewable yearly $200
3)Insurance $4000-$5500 yearly
4)Barbados boat license.Which have to be taken at the coast guard
5) Boat safety document $100 yearly.
You can buy a second hand jetski which must come with registration numbers by law any person selling a second hand jetski must turn the numbers over to the new owner.
So if a new commer wants to get into the business to hire jetski to tourist he must have the above.
#23
Just Joined
Joined: Oct 2009
Posts: 19
Re: jet skis
you dont need a license to own a jetski it is true the government has a limit.
Here is a list of what you need,if you want a brand new jetski import.
1) an import license,(which is not needed because you can just pay a person to bring the jetski into barbados that has one.
2) Registration numbers,(you can purchace these numbers from any boat owner that does not want them anymore ,these must be hire numbers (H) or (P) private.can cost you minimun $5000 for hire numbers renewable yearly $200
3)Insurance $4000-$5500 yearly
4)Barbados boat license.Which have to be taken at the coast guard
5) Boat safety document $100 yearly.
You can buy a second hand jetski which must come with registration numbers by law any person selling a second hand jetski must turn the numbers over to the new owner.
So if a new commer wants to get into the business to hire jetski to tourist he must have the above.
Here is a list of what you need,if you want a brand new jetski import.
1) an import license,(which is not needed because you can just pay a person to bring the jetski into barbados that has one.
2) Registration numbers,(you can purchace these numbers from any boat owner that does not want them anymore ,these must be hire numbers (H) or (P) private.can cost you minimun $5000 for hire numbers renewable yearly $200
3)Insurance $4000-$5500 yearly
4)Barbados boat license.Which have to be taken at the coast guard
5) Boat safety document $100 yearly.
You can buy a second hand jetski which must come with registration numbers by law any person selling a second hand jetski must turn the numbers over to the new owner.
So if a new commer wants to get into the business to hire jetski to tourist he must have the above.
Hope this helps and good luck Bajan Police!
#24
Forum Regular
Joined: Dec 2008
Location: Barbados
Posts: 126
Re: jet skis
I can speak about this from my own CURRENT experience. My husband has been working jet skis from Almond Beach Village for over 6 years now. A few years ago he would make at least $300.00 a day during busy time and maybe about $100.00 during off times like Sept. Xmas, he would be surprised if he didnt make $1000.00 a day. NOW, things are very different. He owns 2 jet skis but is only working one as to pay out the insurance for both of his jet skis (approx $4000 each 3rd party) would swallow all the money he is making. Sometimes, even in the summer, not just the off season, he would only be making about $150.00 a day. Take out for gas and insurance and he is lucky if he has $70 left. It is so bad, that one week last month, one friend of ours didnt even make $100.00.
Yes, St Peters Bay will have rich people staying there, but like Port St Charles, they may not be the type of people who want to ride jet skis. A family with a small income are more likely to ride jet skis than a rich 70 year old (not suggesting that St Peters Bay will have elderly people staying there, but it is the type of person, not just the wealth of them that you need to think about). Almond Beach Village is a family hotel with lots of kids during the school holidays. If the guys working these type of beaches arent making enough, I bet you that the beaches that wont have a lot of kids on will be even less likely to succed. I am not trying to scare you off, but I really think you would be making a lot less money than you would think.
Yes, St Peters Bay will have rich people staying there, but like Port St Charles, they may not be the type of people who want to ride jet skis. A family with a small income are more likely to ride jet skis than a rich 70 year old (not suggesting that St Peters Bay will have elderly people staying there, but it is the type of person, not just the wealth of them that you need to think about). Almond Beach Village is a family hotel with lots of kids during the school holidays. If the guys working these type of beaches arent making enough, I bet you that the beaches that wont have a lot of kids on will be even less likely to succed. I am not trying to scare you off, but I really think you would be making a lot less money than you would think.
#25
Forum Regular
Joined: Dec 2008
Location: Barbados
Posts: 126
Re: jet skis
BTW, my husband and most of the beach guys I can think of along the west coast have VX110 jet skis 1100 engines I think. Someone in our gap has just bought the 2009 model in silver - beautiful!!
#27
Banned
Joined: Jul 2009
Posts: 116
Re: jet skis
It would of been nice for you to invest in the jetskis,since chrismas is our busy time,you would of make millions with the sea rough over the christmas holiday and bad weather crippling europe.
#28
Forum Regular
Joined: Dec 2007
Posts: 77
Re: jet skis
But the seas were terrible over Xmas and people were advised on tot get in the water. Sending out a jetski might have ended up in a liability.
#29
Just Joined
Thread Starter
Joined: Nov 2009
Posts: 16
Re: jet skis
The jet skis didnt go out most of the time when they did people were getting thrown off - many got injured on the rocks etc - not good advice Neal
#30
Banned
Joined: Jul 2009
Posts: 116
Re: jet skis
Seems you did not understand what i said,i am trying to tell you its a waste of time even in our busy christmas season you would not had made any profit.