Buy it now for “salvage” price
2017 Shannon Global 52 “Bitchin Version”
Original cost – $1,600,000
Buy it as is for $450K
(about 65% completed)
Here’s The Deal
After 35 years of living aboard and sailing over 100,000 miles I decided I wanted to build the ultimate cruising sailboat. My friend Walter Schultz at Shannon and I sat down at the Annapolis Boat Show right after I sold my 65’ ketch Lost Soul, and started the design. That was in 2008.
Two years later, in 2011, before the boat could be completed, we sold our magazine Latitudes & Attitudes so we could retire and go back to world cruising.
Unfortunately the people we sold the magazine to never paid us for the magazine, stripped the company of all it’s assets, emptied the bank accounts and disappeared to Central America.
This left me, at the young age of 70, bankrupt. Fortunately for my money is not as important as I once thought. Almost 1,000 of Lats&Atts readers helped form a new company, and Cruising Outpost Magazine Was born.
But the Shannon Global 52 “Attitude” was never finished.
I had a partner come in to try and help finish it, but he is in the oil exploration business out of Houston, and as we all know, that business has dried up as well.
So the “perfect cruising boat” now sits waiting to be completed by the right person.
The Deal in a Nutshell
The original cost to build the boat was $1.6M. Back in 2008, just before the bubble popped that was not out of the realm for us. Now it is. But consider, if you were to buy a new blue-water cruiser, you would be looking at over $1M to start, and then when the “extras” were added, it would be about $1.5M.
Attitude is about 65% completed. The motors are in, the generator is in, the washer & dryer are in. the foreword cabin is almost complete; the aft cabin is almost complete. The rod-rigging is awaiting installation, as is the Forespar Liesurefurl in boom furler. All of the Furuno 3D electronics are sitting there, as are the Harken winches and gear.
Over $800,000 worth of gear, ready to complete the boat, plus the hull, deck, house are ready to be finished. All we ask is the opportunity to sail her once completed so we can do a final story on the building of the boat, and the idea behind its construction.
Save over $1,000,000.00
We know if we don’t finish the boat we will not get our money out of it. So what we are asking is $450,000 to tae over the boat. We will take the loss, but the boat will be completed, and I have never given up on a dream, no matter what the cost.
Here is a link to a PDF that shows the building of the boat from its very start, which ran in Latitudes & Attitudes Magazine until the magazine was killed.
For more info feel free to contact me: firstname.lastname@example.org
Or to contact Shannon: email@example.com