The partnership is offering 3 levels of participation: 1. Three shares, which entitles you to any 3 weeks in the Low Seasons. ($13,500)
2. Four shares, which entitles you to any 3 weeks in the Mid Seasons. ($18,000) One 3. Five shares, which entitles you to any 3 weeks in the Peak Seasons. ($22,500) The Shares are $4,500 each.
SEASONS, are divided in a typical fashion for cruising the Caribbean. There are 3 low season time slots of 3 weeks each: one in early November, the other two in late May and June. There are 3 mid-season time slots of 3 weeks each: from late March to late May. There are 6 peak season time slots of 3 weeks each: from mid- November to late March. The partners in each group - low, mid and peak - will decide among themselves which of the time slots in each respective group each partner would prefer, using a rotating order of priority from year to year.
ANNUAL EXPENSES, will be divided equally whether low, mid or peak season because the expenses are based on usage and every partner has 3 weeks. Our initial budget, based on our experience with other partnerships, will be $3,000 per year (paid $750 quarterly) for each partner - to cover Boat Manager,
cleaning, turnaround expenses, dockage, insurance, hauling and "splashing", bottom paint, repairs and maintenance.