Notices

Seeking commercial startup advice

Old 07-14-2019, 06:07 AM
  #1  
Junior Member
Thread Starter
 
Join Date: Jul 2019
Posts: 3
Default Seeking commercial startup advice

Good morning all. My wife and I are moving to eastern NC soon (Shiloh area maybe...) and I have been kicking around the idea of entering the commercial world and am seeking some serious advice from either active or retired commercial watermen. First and foremost I want to say that I have the utmost respect for the profession, including both the physical and mental toughness it requires. Additionally this will be in no way an attempt at any get rich quick scheme or spur of the moment idea. I am seeking information on owning a boat that will be operated not by myself but by a family member + 1 or 2 local watermen if needed. My brother has always dreamed of this career, and unfortunately his past is marked up and his people skills stink. He needs a career where he can work hard, as long as he wants, and pay the bills. This isn't a small investment, so I want to get as much information as possible. The internet has a ton of info, but I can't make heads and tails of what's true and whats not. If you can spare a minute and help me out, I would greatly appreciate it. Here are the main things I need to know.


1. Budget will be around 25-35k to begin. Is this do-able?


2. What would a good species to catch be for a beginner? He has looked at crab and shrimp mainly, but what can he do that will be steady and consistant? (or as close to it as possible?) He is physical, so hard work species are OK.


3. What should an inexpensive boat to begin with cost and be sized? We are country farm boys with excellent mechanical and construction skills. We will do all work we can ourselves. I've seen boats from 150k for a 45ft shrimper to 12k for a 40 footer on craigs list. I just need to begin...he doesn't need to start with a Ferarri...ya know!


4. What requirements are there to operate commercial fishing vessels that will be "not for hire"? If he wanted to do this, what would I need to send him to get?


5. I see commercial licenses for sale on craigs list and locally, but I also read that in order to transfer it you have to also buy a boat. Is this true? I see retired commercial licenses for sale. If I buy one of these, can it be made a regular commercial license? Will it be mine for life or will I be "leasing" it from someone?


I have a ton more questions, but these can get us going. Any advice other than "turn tail and run" will be greatly appreciated!


Robert
PlumCrazySRT8 is offline  
Old 07-14-2019, 06:48 AM
  #2  
Senior Member
 
Join Date: Feb 2011
Posts: 698
Default

Any thing that consist of using a hook and line to make a living should not cause you any problems in NC since the NC CCA has never tried to put this type fishery out of business as least as far as I am aware. Crab potting and perhaps oystering/clamming might be other options since there seems to be little opposition for those fisheries as well. Probably would not advise you to even think about entering any fishery where a net is used unless you are willing to move to another State other than Florida and Georgia which do not allow shrimping or netting within the state waters.
gillnetflounderman is offline  
Old 07-14-2019, 07:01 AM
  #3  
Junior Member
Thread Starter
 
Join Date: Jul 2019
Posts: 3
Default

Thank you for your reply!

We are considering a crab boat, and have found many deadrise style available. He wants to be home, or close to it, daily. Crabbing would allow this. This requires an additional endorsement on the license, correct?

I was wondering why there are so many shrimp boats for sale here in NC. From what I've read, they have put more and more regs/restrictions over the years that it has put a ton of people out of business.

Do you know the info on the licensing and operator requirements?
PlumCrazySRT8 is offline  
Old 07-14-2019, 07:09 AM
  #4  
Senior Member
 
Join Date: Dec 2017
Location: North of Cuber, South of Gawga
Posts: 525
Default

Grunts N Grits is offline  
Old 07-14-2019, 07:16 AM
  #5  
Senior Member
 
Join Date: Feb 2011
Posts: 698
Default

the shellfish endorsement is no extra cost as far as I know. The standard commercial license to catch and sell seafood is 400 dollars each year for a resident of NC . Another thing , Its gotten real complicated lately and am no longer sure if you or anyone in your family are even qualified to buy a commercial fishing license in NC. For years ex-commercials were allowed to sell their license over the website when they got ready to retire and the going price was around 1800 dollars or so. Think some of the "save our seafood and abolish commercial fishing advocates" got together and decided to stop that practice. You read correctly that due to added restrictions and the fact that a couple of anti commercial groups threatening to put us all our of work has cause many to re-think staying in this business. My advice to you is to find another State that is a little more friendly toward commercial fishermen such as Virginia and many States between here and Texas.
gillnetflounderman is offline  
Old 07-14-2019, 08:08 AM
  #6  
Admirals Club Admiral's Club Member
 
Join Date: May 2014
Posts: 443
Default

Your best bet would be finding someone getting out of it and selling their boat and license, that's really the only way someone without some kind of personal or family background in commercial fishing can get into it now, especially without a big hassle and long wait. If you go that route make sure that the license is active, I don't kniw if its still around or not but I believe there at least used to be a requirement that you essentially turn in 2 retired licenses to get 1 active one. Really the only other way will be to either find someone that needs a helper amd work with them or lease a license and work under it until enough experience can be gained to get into the lottery. A license with a shellfish endorsement is what will be needed for crabbing and should be the most common, and cheapest, one you will find.
kicker30 is offline  
Old 07-14-2019, 08:26 AM
  #7  
Senior Member
 
Join Date: Jul 2010
Posts: 440
Default

I'd seriously look into oyster farming. It is slowly taking off and is something that you can start small and work your way up as you make money. It also helps the body of water you operate in so the locals will appreciate you. Will not have any problem finding buyers. There is lots of online material to research if your interested. I really think oyster farming is the future of commercial fishing in NC. Other comm fisheries are being heavily pressured by the public to make changes or be done away with completely. Oyster farming actually has a lot of positive sentiment because it provides a valuable product while simultaneously cleaning the water ways.
ECU_Pirate is offline  
Old 07-14-2019, 08:34 AM
  #9  
Senior Member
 
Join Date: Jul 2010
Posts: 440
Default

For oyster farming the biggest cost are upfront. After that it's just a matter of some hard work and knowing your stuff. A lot of oyster farmers would probably welcome you to work for them for a while and you or your brother could learn the ropes to then go start your own.
ECU_Pirate is offline  
Old 07-14-2019, 08:54 AM
  #10  
Junior Member
Thread Starter
 
Join Date: Jul 2019
Posts: 3
Default

Thank you for the info ECU. I also went to ECU to complete my NC Teach program, just finished a few months back.

I won't be doing the work, just funding the business. I'm actually a public school teacher, but for years as a youth we ran 50 hook trot lines in the Mississippi and Yazoo rivers in MS. That's a lot of information about oystering. I hadn't considered that as a possible option, but now have a lot of reading to do.
PlumCrazySRT8 is offline  
Old 07-14-2019, 09:26 AM
  #11  
Senior Member
 
Join Date: Jul 2011
Posts: 3,981
Default

1974/2002 41' Viking

here you go...... survey has already been done. Couple price drops and owner is ready to help.....
alligatorgar is offline  
Old 07-14-2019, 06:33 PM
  #12  
Senior Member
 
Join Date: Jul 2010
Posts: 440
Default

Originally Posted by PlumCrazySRT8 View Post
Thank you for the info ECU. I also went to ECU to complete my NC Teach program, just finished a few months back.

I won't be doing the work, just funding the business. I'm actually a public school teacher, but for years as a youth we ran 50 hook trot lines in the Mississippi and Yazoo rivers in MS. That's a lot of information about oystering. I hadn't considered that as a possible option, but now have a lot of reading to do.
Now is a good time to get into oyster farming imo. Before it really takes off and it's harder to get leases and what not. Especially with the demand for local everything NC oysters should be easy to sell without too much problem.
ECU_Pirate is offline  
Old 07-16-2019, 03:18 PM
  #13  
Member
 
Join Date: Nov 2015
Posts: 51
Default

Sent you my number in a PM. I could answer a few of your questions
Ducknut is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Thread Tools
Search this Thread