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You buy a 25% share of one specific boat, held in its own LLC with three other owners. We run the boat. You book your days and go boating.
Pick the boat and marina that fit how you want to use the water.
Each boat is held by its own single-asset Florida LLC and divided into four 25% shares. One buyer can take more than one share.
A refundable $500 deposit holds your 25% while the other shares are filled.
A refundable $500 deposit reserves your 25% ownership share. Your deposit remains refundable until the boat purchase transaction is completed, following the sea trial and acceptance of the vessel. Once the purchase transaction is completed, the deposit becomes non-refundable.
We coordinate the remaining co-owners before the LLC is formed and the boat is bought.
Once all four shares are reserved, the LLC buys the boat and holds its title.
Co-owners hold membership interests in that LLC. It is not a club, a membership or a timeshare. An operating agreement sets out ownership rights, governance, usage and the approved annual operating budget.
Before you commit you receive the full itemized figures in writing: share price, Galenne's acquisition fee, closing costs and applicable taxes.
Reserve in the Galenne app. Weekends and holidays rotate fairly between the four owners.
Each 25% share gets a quarter of the calendar. Book any free date from your phone, even the same day.
Drive it yourself after a Galenne sign-off, or book a captain whenever you like.
Before operating on your own you complete training tailored to your experience, from about 30 minutes to about 30 hours, and receive a sign-off from a Galenne captain. Sign-off is not automatic and is not an official license.
The term is 4 years, longer if all owners agree. You can sell your share at any time. At the end of the term, the boat is sold and you receive your 25% of the sale.
Your upfront payment is an asset: it comes back at the sale, less depreciation, which we estimate at about 8 to 10% a year on a pre-owned boat. Want out earlier? The operating agreement sets out how a share is transferred, and we find and qualify the buyer.
All covered by one fixed monthly contribution.
No. You own a 25% membership interest in the LLC that holds the boat's title. It is real equity, and you get your share of the sale when the boat is sold.
Today we offer two programs. Day Boating: versatile day boats for Biscayne Bay, the sandbars and the coast. Water Sports: wake boats for wakesurfing, wakeboarding and tubing. In both, each 25% share gets a quarter of the calendar, and you drive after a Galenne sign-off or book a captain.
We will soon add Overnight boats with a cabin for nights aboard, and Crewed Yachts that always go out with a professional captain, both booked in weekly blocks. See the boats available now →
Dockage, insurance, maintenance, cleaning, management and LLC admin. It is your share of the boat's operating budget. Fuel is billed separately, by use.
The share price, Galenne's acquisition fee, closing costs and applicable taxes. You get the full itemized figures in writing before you commit. The share price is not spent: when the boat is sold at the end of the 4-year term, you get your 25% back, less depreciation.
Yes, after training and a sign-off from a Galenne captain. You can also book a captain for any trip.
Every owner starts out with a professional captain, then progresses one level at a time. You are assessed on real outings, on your own boat, not in a classroom.
Your captain doubles as your instructor, you progress at your own pace and the captain option is always available. Certification is per boat class, for safety.
Yes. One buyer can hold more than one 25% share of the same boat. Two shares give you half the boat and twice the time.
The term is 4 years, longer if all owners agree. You can sell your share at any time. At the end the boat is sold and each owner receives their 25% of the sale. If you want out earlier, we coordinate the resale of your share to a qualified buyer, following the transfer rules in the operating agreement.
Pick a boat, check its price, monthly cost and marina, and request the ownership details in one step.
See available boatsReal ownership. Professionally managed. Fully transparent.
