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Small Sportfishing Boat

Posted on 3/26/24 at 9:11 am
Posted by MarsellusWallace
504
Member since Apr 2022
383 posts
Posted on 3/26/24 at 9:11 am
I'm looking to buy a small sport fishing boat to billfish the northern gulf. Have my eye on the 35 Cabo Express. One of my close fishing partners is going to go in with me and likely keep it in Venice or Grand Isle most of the year.

We've owned a lot of boats, but all bay boats. Looking for advice on how to think about annual upkeep. I know dockage & insurance won't be cheap and there will always be the unexpected bill. Happens all the time on my bay boat.

Anyone have experience with boats like this? We want a sport fisher so it opens up overnight trips and more comfortable family rides as well.

What am I missing?
Posted by Mister Bigfish
Member since Oct 2018
950 posts
Posted on 3/26/24 at 9:38 am to
I hope you realize how high annual maintenance on those things can get. Plus anytime you need to remove it from the water it ain’t like putting it on a trailer to get out. Every haul out is very expensive.

I know someone who bought an older model but functional Hatteras for around 40k. He is pretty handy and does most of the work. Even with him doing most of the work he has thrown at least 25-40k at that thing in the last couple years.
Posted by Mister Bigfish
Member since Oct 2018
950 posts
Posted on 3/26/24 at 9:43 am to
Here is a thread from The Hull Truth from 2019 with a few numbers thrown around. Just keep in mind how mush shite has gone up since 2019 to know from inflation.

LINK
Posted by Sparetime
Lookin down at La
Member since Sep 2014
909 posts
Posted on 3/26/24 at 11:01 am to
The old captain rule of thumb is $1k/foot per year, I say that is relative to the boat, owner, and captain/crew. I've always seen the spreadsheet as per hour operating cost, just like airplane deals with multiple owners. This article is dang close to actual numbers i've seen personally.

LINK /

Thoughts that you may be missing:
1. You are gonna need a part time captain/crew to maintain it at dock and run your first trips. Cabo 35 is big enough that you will need a crew to get you going initially. If not, you will spend more time keeping the boat than fishing. You need to have a network of captains, mates, mechanics, and detailers before you even begin to shop.


2. Billfish Tackle is a whole different animal. Tackle is at a premium cost, and you will need a ton of it. Also, I always want at least one mate to help with rigging baits and tackle. For example, this is our bare minimum setup for fun fishing:
2: 80ws
3: 50ws
2: 30ws
1: teaser
1: dredge
2 moldcraft/black bart large
2 cedar chains
3 ilander
3-4 boxes ballyhoo
rigging needles and floss
brine
terminal tackle

Thats over 5k in the water, not counting another couple grand of replacement. I would budget 10-12k for tackle in the purchase price agreement with your buddy.

Number Uno before you got down the rabbit hole.... It is a money and time nightmare, but I love it!!!!




Posted by Novastar
Member since Jan 2023
298 posts
Posted on 3/26/24 at 12:25 pm to
Maintenance and operating costs will be an exponential change from a bay boat. From experience you should factor 10% - 20% of the purchase price for annual cost of ownership.

Hire someone to survey the hull and diesels separately.

If you're set on making the purchase, I would consider an Albamarle, and Henriques in addition to the Cabo. Viking also makes a nice Express, but it's a different price point.

Not sure where you're located, but I would consider keeping the boat in GI at Hurricane Hole. It's the nicest marina in Louisiana with great amenities for the family. Day trips offshore are more cost effective from GI as well.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
25124 posts
Posted on 3/26/24 at 12:42 pm to
There is a reason 35+ ft center consoles have exploded the last 10 years.

They're much faster to cover way more water
They're much cheaper to maintain
They're much cheaper to run
Don't have to pay slip fees
Don't have to worry about getting your boat out of the path of a storm/hurricane.

Etc, etc...
Posted by AwgustaDawg
CSRA
Member since Jan 2023
7377 posts
Posted on 3/26/24 at 12:54 pm to
Woooooo....taking up bill fishing as a pastime is not normally done with any consideration for money...its usually one of those "if you have to ask your probably ain't got it". Especially in the Gulf. Its usually a long boat ride to any bill fish other than sails even in Venice. That alone keeps most people from taking it up on a budget.

I had 1/4 share in a 26 foot Mako CC with twin 250s on a bracket from 1996 - 2008. It was kept in dry storage in Stuart Florida (it is entirely possible to regularly catch sails in that part of Florida withing a mile of the hill and not un-heard of to catch striped and white marlin in the same areas...the gulf stream does, on occasion, hit the hill in that area). That boat in that area was a sail fish catching machine. I had reworked the boat from the transom to the bow before I sold shares in it. I knew it backward and forwards. The other 3 owners were pretty well heeled...they did not think a helluva lot about money. I did almost ALL the maintenance work myself because I enjoy doing it and do not trust anyone else to do it right...especially on a boat that I, for all intents and purposes, hand built. That being said if something minor happened while one of us was using it we simply fixed it out of our pocket...no one ever complained. We never had any major issues but, if we had to repower, for example, I would have done it out of pocket and if someone did not want to pay they'd be paid out and there'd be three of us left. This was understood but never tested. We never had any issues. I used the boat far more than anyone else.

This is a vastly different boat, however, from what you are talking about. Keeping a boat in dry storage and keeping one in the water is an entirely different situation...the latter is infinitely worse on maintenance. I would consider a walk around that could be dry stored. It will do anything a sportfisherman will do and will do so comfortably for fishermen. In my experience the thrill of riding in any boat offshore fades the first time you return through any pass on an outgoing tide with a fresh sea breeze...most folks who like the idea of boat riding offshore take up golf after facing confused 5-6s mere seconds apart on an outgoing tide in a narrow pass choked with boat traffic. I have been in passes on the Flordia Atlantic Coast in 60 foot sportfisherman and at times they are just as wet and uncomfortable as a center console. Most people are sane enough to not enjoy being in a boat offshore even in 1-2s. Only an insane fisherman is willing to risk much more than 3-4s. I can't imagine a more boring and painful experience than being in a boat offshore simply for the sake of being in a boat offshore. I would posit that the idea of family members joining you offshore will not happen often enough to warrant the extra expenses of a true sportfisherman...especially since you are asking about expenses. A 30 foot walk around with twins or more will be far less expensive than a true sportfisherman in the long run.
Posted by Sparetime
Lookin down at La
Member since Sep 2014
909 posts
Posted on 3/27/24 at 10:32 am to
quote:

I'm looking to buy a small sport fishing boat to billfish the northern gulf. Have my eye on the 35 Cabo Express.


I would start with a Tiara sport before jumping into a Cabo, find one with Yanmars. Spend a summer and fall on her and see if you can swallow all the negatives of the season. We did this and it was invaluable.

Advantages
1. Yanmars cheaper to maintain than Cat/Cummins
2. Wide beam is comparable to Cabo.
3. Easier to run without Captain.
4. Cheaper purchase and not as risky.
5. Cabin is comparable in size to see if it's enough.

You go through a season and it sticks you will quickly find that you will want:
A) Those 25 kn cruises are too slow and trade for CC.
B) Not near the room you thought your were getting and will move up to a mid 40s Flybridge with 2 berths.

Posted by KemoSabe65
70605
Member since Mar 2018
5233 posts
Posted on 3/27/24 at 11:00 am to
With only owning bay boats you don't have enough experience for the majority of the insurers out there to offer coverage. Your partner may have the experience and might pass but you will not be able to pilot the boat without him.
If he has no experience with said boat size nobody is going to insure.
That's primarily what you're missing.
Posted by LSUDUCKMAN67
DTB
Member since Sep 2020
965 posts
Posted on 3/27/24 at 11:42 am to
MONEY PIT!!!! Like everyone else said about tackle, bait and fuel. Plus, u have to worry about ur burn rate vs what u hold. If you don't hold enough u will need to add fuel bladders.

Remember the 3 F's ........ rent it!

I honestly would buy a used mono hull or cat. Less mantaince, cover more ground and WAY FASTER!!!!
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 3/27/24 at 12:56 pm to
quote:

Small Sportfishing Boat

What am I missing?


for starters, a small boat = under 20ft

why are you asking about small boats when you say want a very large 35 ft boat?
Posted by doublecutter
Hear & Their
Member since Oct 2003
6607 posts
Posted on 3/27/24 at 5:23 pm to
A good friend bought a Hatteras sports fishermen.

He had it a couple of years and he now says "I could afford to buy the boat, but I couldn't afford to own the boat."
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 3/27/24 at 8:15 pm to
quote:

Anyone have experience with boats like this?


A fair bit.

quote:

want a sport fisher so it opens up overnight trips and more comfortable family rides as well.


I love a sportfisher as much as anyone, but it's either a very rich or very handy man's game, and the handy man still needs to be very well off. By handy I mean everything - engine overhauls, exploded shitters, crapped out hvac, electrical nightmares x1000, glass work, the list goes on and on and on and on. You either live to work on the boat or you write really big arse checks to someone else to work on your boat.

It's not a game for a center console owner to lightly get into.
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
4403 posts
Posted on 3/27/24 at 9:59 pm to
Looked at doing the same thing last year, after much research from folks I trust in the industry I pulled back on the SF idea. Just couldn't justify the extra expenses. I ended up buying a 27' Glacier Bay Cat with a cabin as I got tired of trying to find the 33'+ models, not a lot were made. Being able to trailer it saves 1000s per year, we went out about a dozen times last summer up to 60 miles to get our feet wet. Looking to do some over night tuna trips this year, still acquiring offshore tackle, holy crap, it doesn't take long to get to 10k in that department. It has outriggers and we are slowing learning the trolling game, previous owner is a captain on a big SF, he has caught billfish off it in the past. We run out of Port A in Texas. Biggest adjustment for me is the speed, going from my SCB to chugging along at 28 mph can be maddening at times. Still have my eye out for a 33' World Cat EC or GB 34' with a cabin with twin 350s.
Posted by Deepwood
Member since Sep 2023
39 posts
Posted on 3/28/24 at 7:10 am to
Fished out of fourchon the past 20 years on a CABO 35 flybridge. We caught a good bit of billfish. It’s a long ride out but fun as hell. If you go all the way out there you are going to start trying to find the yellowfin at night which for the past 10 years have seemed to be about 20-40 miles past the range of that Cabo… it was a 95 Cabo so maybe the range on newer models has improved. Plenty of great trips to MARS and Brutus and Frontrunner. Plenty of blackfin to catch at these rigs too. Gets some cedar plug daisy chains. 20 lbs blacking all day on those.

But to make that fuel bill more worth it you are going to end up wanting some yellowfin while you are out there to bring home some meat. Can be as simple as a fuel bladder but look at the range needed to Marco Polo and shenzie in green canyon and other long range rigs in Mississippi canyon.

There might not be yellowfin where you catch a marlin… but there will almost always be a marlin around where you are catching yellowfin.

Then after that you are going to start getting the deep drop itch if the yellow fin meat haul is out of range…..
Posted by Sparetime
Lookin down at La
Member since Sep 2014
909 posts
Posted on 3/28/24 at 9:01 am to
quote:

What am I missing?


Don't give up just because everyone says it "expensive" or "foolish".... They are correct, but it's also relative to your situation.

Best two pieces of advice I can give you if yall are serious is:

1) Contact Galati or Bluewater. Most salesman are captains that will be glad to help you. Ask as many "dumb" questions as you can think of. They will be glad to work you numbers because they make few sales per year and need as many leads as possible. Also, you have access to the network of captains when you need one.

2) Charter. They are not cheap in the gulf but extremely valuable. This is how you build the network of crew and maintenance for your boat You will find that most mates are part time, and spend the other time detailing, repairing, selling parts, or working at the local boat/bait shops. Friend them on facebook and get there numbers. Stay in touch and take them for a beer or lunch whenever you are in the area. They will give you most of the info you seek, and if you jump in, you have a phonebook of crew willing to jump on. If they see yall drop that kind of money on a charter and take care of them, they know you are serious and someone to consider working with/for.
Posted by Sixafan
Member since Aug 2023
644 posts
Posted on 3/30/24 at 4:51 pm to
Missing your wife shortly.
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