Aluminum boat builders - why have they become so greedy???

285k for a 22 stabicraft so you get an extra foot and have 147k to rig it out and buy a trailer. The dealer markup adds to it and it turns into a luxury tax, debacle. Agreed it is f….ing expensive. A friend was the labourer with the builder to save money on his build. Used boats are sitting right now, my buddy had 4 guides reach out on his Grady but they want a 28 foot boat in excellent shape with 2x new 250 engines for less than 130k. Aluminums seem to be sitting as well. Throw out some offers?

We are hesitant to take any job orders to find skilled people for under $40 an hour and rule of thumb is charge 3x the wage in order to make any money and that was before the 2% increase in cost for 5 sick days and the employer health tax 1.95%. I don’t know boat building but chatting with owners you need a skilled fabricator not just a good welder. It’s starting to move into shutdown season in the spring where guys make $1000 a day with living out allowances, overtime, so wages are likely well over $40 to keep good people.
I never would get 3x the labour rate. Maybe 20-30%.

Also, there’s another stat holiday that’s virtually approved so that’s around 2.5% increase in one year between paid sick days and stat holidays
 
We are hesitant to take any job orders to find skilled people for under $40 an hour and rule of thumb is charge 3x the wage in order to make any money and that was before the 2% increase in cost for 5 sick days and the employer health tax 1.95%. I don’t know boat building but chatting with owners you need a skilled fabricator not just a good welder. It’s starting to move into shutdown season in the spring where guys make $1000 a day with living out allowances, overtime, so wages are likely well over $40 to keep good people.
That is the reality a lot of people don't get. Good thing the public sector doesn't build boats. Imagine the coast of that. ;)
 
Yes, many don't make the 3X. It's incredible the difference between some trades and margins, yet everyone complains they can't get good service. My business can't provide full service to electrical and carpentry customers, because their margins are too thin while HDM/Plumbing (not construction plumbing) can charge 3X. The cost of putting a tradesperson and a van/truck on the road (or in a shop) for a year is amazing before you add a safety officer, payroll/hr, sales, training etc.

I do think there are efficiencies to be found in boat building but we also want custom/ where the Legend (Brunswick) boats churned out 100 at a time, advertised above me won't satisfy most of us.
 
Not to mention corporate tax paid monthly which is determined by your previous year. If margins go down in the current year your still paying the same tax rate. Running a business is just plain expensive.
 
Not to mention corporate tax paid monthly which is determined by your previous year. If margins go down in the current year your still paying the same tax rate. Running a business is just plain expensive.
that is a small business killer, among many, quarterly payments based on the previous years earnings.
 
I never would get 3x the labour rate. Maybe 20-30%.

Also, there’s another stat holiday that’s virtually approved so that’s around 2.5% increase in one year between paid sick days and stat holidays
Our ministers of inflation have done an excellent job of killing business and eventually, jobs of Canadians.

I work for a federally regulated business. We’re now on the hook for 14 new paid days.
10 sick days (extra paid vacation)
3 personal days
1 T&R day

The cost pressures don’t stop and our government in its never ending stupidity is piling on.

I don’t doubt shop time is $3000 a day. A couple labourers/welders are over $1000/day burdened in, leaving raw materials, shop overhead, tools, consumables, and likely a skinny margin to round out that 3,000. Margin has to contribute to insurance, WCB, property tax, owners salary, admin…following that, likely not a lot left.
 
Our ministers of inflation have done an excellent job of killing business and eventually, jobs of Canadians.

I work for a federally regulated business. We’re now on the hook for 14 new paid days.
10 sick days (extra paid vacation)
3 personal days
1 T&R day

The cost pressures don’t stop and our government in its never ending stupidity is piling on.

I don’t doubt shop time is $3000 a day. A couple labourers/welders are over $1000/day burdened in, leaving raw materials, shop overhead, tools, consumables, and likely a skinny margin to round out that 3,000. Margin has to contribute to insurance, WCB, property tax, owners salary, admin…following that, likely not a lot left.
Dam, I didn't know about the 3-5 days of personal leave, so basically 6% increase in costs before you realize you need a second person to do the work of the .5 person you have.

-25 C in some parts of BC today. What does it take to heat a shop these days in winter? Thankfully I pay for heat included for our two offices and my team prefers to work from home.

Jobs aren't dead yet; we see lots of multiple offers. High employment rates are keeping the economy together.

@AndrewH do you have any welder buddies? Order the aluminum and be their helpers on weekends or take a welding class and do it with a a helper? A popular way in Australia. If you were in Victoria, I'd be there to lend a hand once in a while and make the video. https://www.youtube.com/@cncmarinekitboats9558

Are you set on Aluminum? Tolman Skiff is an option with UHMW for the keel.

Best deals right now are in Florida, looks like you can get a fibreglass hull in the 22 range with new power for under 50k CAD if you go for a road trip. 55 hours each way!

With some bargaining you might get a deal on this and be able to replace the floors, like some guys on here advise ;) https://seattle.craigslist.org/see/bod/d/portland-2017-hewescraft-220-ocean-pro/7590879394.html
 
Last edited:
Our ministers of inflation have done an excellent job of killing business and eventually, jobs of Canadians.

I work for a federally regulated business. We’re now on the hook for 14 new paid days.
10 sick days (extra paid vacation)
3 personal days
1 T&R day

The cost pressures don’t stop and our government in its never ending stupidity is piling on.

I don’t doubt shop time is $3000 a day. A couple labourers/welders are over $1000/day burdened in, leaving raw materials, shop overhead, tools, consumables, and likely a skinny margin to round out that 3,000. Margin has to contribute to insurance, WCB, property tax, owners salary, admin…following that, likely not a lot left.
I am not a business owner and am retired--just so you know. It amazes me how this government in its rush to Wokeness can just give 10 days of sick leave to workers without a thought to the consequences for small business. I understand them doing it for gov't jobs-they are on the hook for the budget and if it doesn't look good there are political problems-for them. Giving carte blanche sick days to all workers without compensating the business owners or really even consulting them is unconscionable. Those paid sick days cost a lot of money and may be the difference of a business staying open or closing. This is the same gov't who keeps muttering about the amount of money we have all made on the increase in home values and muses about taxing some of it since it was so unfairly obtained. It is easy to see why things cost so much(boats' houses etc.)-maybe inflation isn't totally the Boogeyman they want you to blame but maybe --just maybe its gov't regulation and taxation are perhaps the real culprits here!!
 
Dam, I didn't know about the 3-5 days of personal leave, so basically 6% increase in costs before you realize you need a second person to do the work of the .5 person you have.

-25 C in some parts of BC today. What does it take to heat a shop these days in winter? Thankfully I pay for heat included for our two offices and my team prefers to work from home.

Jobs aren't dead yet; we see lots of multiple offers. High employment rates are keeping the economy together.

@AndrewH do you have any welder buddies? Order the aluminum and be their helpers on weekends or take a welding class and do it with a a helper? A popular way in Australia. If you were in Victoria, I'd be there to lend a hand once in a while and make the video. https://www.youtube.com/@cncmarinekitboats9558

Are you set on Aluminum? Tolman Skiff is an option with UHMW for the keel.

Best deals right now are in Florida, looks like you can get a fibreglass hull in the 22 range with new power for under 50k CAD if you go for a road trip. 24 hours each way!

With some bargaining you might get a deal on this and be able to replace the floors, like some guys on here advise ;) https://seattle.craigslist.org/see/bod/d/portland-2017-hewescraft-220-ocean-pro/7590879394.html
We're $900 per month to heat one of our five shops. The other shops can freeze lol
 
That is the reality a lot of people don't get. Good thing the public sector doesn't build boats. Imagine the coast of that. ;)
Some might remember that the BC Gov funded the $500 million fast ferry fiasco and then sold all 3 to Dennis Washington for $25 million under Glen Clark. This after all the warnings of the catamaran style weld cracking issue.
 
Some might remember that the BC Gov funded the $500 million fast ferry fiasco and then sold all 3 to Dennis Washington for $25 million under Glen Clark. This after all the warnings of the catamaran style weld cracking issue.
Did he buy them? Fast ferries were Glen Clark’s babies but Gordon Campbell liquidated them during his time in office.
 
We might have done well getting anything out of them. It took them another 6 years to sell them, just the moorage, insurance and upkeep would have cost taxpayers millions. Moral of the story a used, tried and tested boat design, is the most affordable and the best value :)

"put up for sale at an asking price of $120 million for all three.[7] They turned out to be difficult to sell, due to their highly specialised design and a saturated market.[7]

After a change of government in May 2001, and more attempts to sell at a higher price,[7] the ships were finally put up for auction in March 2003[8] and were sold to the Washington Marine Group[7] for US$13 million (CA$19.23 million),[9] 4.2% of what it cost to build them. Washington Marine Group announced on July 28, 2009 that they had sold the three ships for an undisclosed amount to Abu Dhabi MAR, a luxury yacht builder.[7]
 
Here’s something to pass your time. Them aussies sure dont care about proper Ppe. My legs got tanned from just watching the video!

 
Last edited:
Here’s something to pass your time. Them aussies sure dont care about proper Ppe. My legs got tanned from just watching the video!

Entertaining for sure, and the caption does say hand cut, but why if they build that certain hull repeatedly. All those members with intricate cuts being done by hand. The barefoot builders are tough young fella's.
 
Well I got another quote back from a local builder…

23’ cope yellow point, pretty straight forward build in my eyes. $138k, but the best part is that is unfinished.

Hull welded and electrical wires run to various locations - THAT’S IT!!!

- no batteries
- no helms
- no seats
- no power
Etc etc. you get the idea… bare boat for me to finish.

Best part is CJM will supply and cut all aluminum to the plans for 20k so the builder is wanting 115k to weld it together and run some wires.

No way to justify that cost no matter how many points I have read throughout this thread.

GREED!
I agree that is ridiculous.
 
Well I got another quote back from a local builder…

23’ cope yellow point, pretty straight forward build in my eyes. $138k, but the best part is that is unfinished.

Hull welded and electrical wires run to various locations - THAT’S IT!!!

- no batteries
- no helms
- no seats
- no power
Etc etc. you get the idea… bare boat for me to finish.

Best part is CJM will supply and cut all aluminum to the plans for 20k so the builder is wanting 115k to weld it together and run some wires.

No way to justify that cost no matter how many points I have read throughout this thread.

GREED!

And to make it worse….that’s really a 21’ boat plus the integrated swim grid. There are a few other known builders that measure them like that. Just a pet peeve of mine.lol
 
Back
Top