Admin Office - 8am to 4pm Mon to Sat

Tel: 02 9960-1808

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© 2019 BOATING SYNDICATION AUSTRALIA

SYNDICATION MANAGEMENT

How it works

BSA acts on behalf of clients to facilitate the syndication of boats ranging from 40 to 100 feet in length. Boat syndicates can range from four to 10 owners depending on 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 clients, often disguising actual costs. BSA charges a set management fee and all other costs – such as berthing, cleaning, 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

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 preventive maintenance

  • Attend to any mechanical issues outside of routine checks to avoid any further damage

  • Attend to any minor or large repairs that could impact on the value of your boat

  • Regular communication with our clients to ensure complete client 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 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 all of our clients

  • 60 percent of our clients came to us through referral

Management and cleaning services:

Our standard management service includes:

  • Refuelling vessel after each use (fuel costs are additional)

  • Coordination with trades people for any work required and bulk negotiating to get the maximum trade discount

  • Administration – processing accounts, client liaison

  • A detailed interior and exterior cleaning service after each use to ensure the boat is immaculately maintained and presented for each owner

  • Linen, towels, coffee, tea all supplied for each owner

 

We endeavour to schedule all maintenance between 6am and 9am to eliminate any interruption to boat owners.