1976 Custom 54 Steel Fishing Vessel Boat in Sitka, AK US

F/V OLYMPIC54' STEEL MULTI-FISHERY COMMERCIAL PLATFORM - SITKA, AK

TURN-KEY LONG LINE / TURN-KEY SEINE + LONG LINE

PRICING / PURCHASE STRUCTURE

OPTION 1 - $500,000 | LONG LINE TURN-KEY
Complete longline operation ready to fish.

OPTION 2 - $550,000 | SEINE + LONG LINE TURN-KEY (Seine permit not included)
Includes all longline gear plus full seine configuration and skiff.
No additional capital required to make first opening.

ENTRY ADVANTAGE (Q1 MATTERS)

Buying Olympic in Q1 means:

• Fishing when 2C/3A halibut and black cod open

• Cash flow from day one

• No months of outfitting

• No net purchases (if buying the $550K package)

• No electronics upgrade cycle

• No "surprise" generator replacement planning

• You step aboard and fish

Fishing when 2C/3A halibut and black cod open

Cash flow from day one

No months of outfitting

No net purchases (if buying the $550K package)

No electronics upgrade cycle

No "surprise" generator replacement planning

You step aboard and fish

This is how operators get ahead: they start earning while other boats are still rigging.

INVESTMENT THESIS (REAL-WORLD, OPERATOR LOGIC)1) Immediate Revenue Capability

Acquiring before Q1 positions the buyer to participate immediately in:

• Spring halibut openings

• Southeast black cod season beginning March

• Summer salmon seine openings

Spring halibut openings

Southeast black cod season beginning March

Summer salmon seine openings

That's the difference between "owning a boat" and "running a business."

2) Diversified Income Model (Multi-Fishery Flexibility)

Olympic is designed around multiple earning lanes:

FisherySeasonal UseRevenue Range*Black Cod & HalibutMarch-December$100K - $250K+Salmon SeineSummer$250K - $500KCrab / Dive / TenderFlexibleSupplemental

*Historic owner performance; varies by quota, market, participation.

Diversification reduces single-fishery risk - which matters to operators and lenders.

3) Efficiency Profile

• Annual fuel costs historically under $36,000 (owner-reported)
  That's meaningful operating leverage for a 54' steel working platform.

Annual fuel costs historically under $36,000 (owner-reported)
That's meaningful operating leverage for a 54' steel working platform.

HARD SPECS / THE PLATFORM (Survey-Based)DIMENSIONS & REGISTRATION

• LOA: 54'

• Beam: 17'

• Depth: 9'

• Gross / Net Tons: 50 GT / 34 NT

• Home Port: Sitka, Alaska

• Waters: Alaska

• Service: Commercial fishing

LOA: 54'

Beam: 17'

Depth: 9'

Gross / Net Tons: 50 GT / 34 NT

Home Port: Sitka, Alaska

Waters: Alaska

Service: Commercial fishing

CONSTRUCTION (COMMERCIAL STEEL)

• Hull: ¼" steel plate

• House: 3/16" steel plate

• Frames: 1.5" x 3.0" steel

• Decks: steel plate

• Bulkheads: framed steel plate

• Bulwarks: framed steel

• Guards: split pipe

• Stem/Keel: integral steel

Hull: ¼" steel plate

House: 3/16" steel plate

Frames: 1.5" x 3.0" steel

Decks: steel plate

Bulkheads: framed steel plate

Bulwarks: framed steel

Guards: split pipe

Stem/Keel: integral steel

This is the kind of build that holds value in Alaska service.

LAYOUT (WORKING FISH BOAT LOGIC)

• Galley aft to port, mess table forward

• Head + berth to starboard

• Focs'le crew berths forward

• Wheelhouse with day berth, seating both sides

• Starboard helm with overhead electronics and comms

• Engine room: centerline main, auxiliaries port & starboard

• Shaft alley → fish holds → lazarette with steering/fuel

• Fresh water tank far aft

• Working deck with hydraulic controls, davits, and hold access

• Longline: aluminum bait shed + port JK hauler

Galley aft to port, mess table forward

Head + berth to starboard

Focs'le crew berths forward

Wheelhouse with day berth, seating both sides

Starboard helm with overhead electronics and comms

Engine room: centerline main, auxiliaries port & starboard

Shaft alley → fish holds → lazarette with steering/fuel

Fresh water tank far aft

Working deck with hydraulic controls, davits, and hold access

Longline: aluminum bait shed + port JK hauler

PROPULSION / POWER / DRIVE TRAINMAIN ENGINE

• Detroit Diesel 8V71

• 275 HP

• Diesel

• Keel cooled

• Exhaust: dry + wrapped

• Attachments: DC alternator, DC starter, Pitts clutch

Detroit Diesel 8V71

275 HP

Diesel

Keel cooled

Exhaust: dry + wrapped

Attachments: DC alternator, DC starter, Pitts clutch

CONTROLS

• ZF Micro Commander 91100

• Stations: wheelhouse + deck

ZF Micro Commander 91100

Stations: wheelhouse + deck

REDUCTION GEAR / SHAFTING

• Twin Disc MG509

• Ratio: 4.5:1

• Intermediate shaft: 3" CRS

• Tail shaft: 3" stainless

• Bearings: split babbitt intermediate / cutlass style stern

• Steering: hydraulic, steel rudders

• Autopilot: Comnav 2001

Twin Disc MG509

Ratio: 4.5:1

Intermediate shaft: 3" CRS

Tail shaft: 3" stainless

Bearings: split babbitt intermediate / cutlass style stern

Steering: hydraulic, steel rudders

Autopilot: Comnav 2001

AUXILIARY POWER

John Deere 4BT

• 40 kW

• ~130 HP est.

• 2,418 hrs

• Keel cooled

• 60/40 pump off PTO

40 kW

~130 HP est.

2,418 hrs

Keel cooled

60/40 pump off PTO

Isuzu 3TEP-BG2GT

• 12 kW

• 18,060 hrs

• Keel cooled

12 kW

18,060 hrs

Keel cooled

TANKAGE / SYSTEMSFUEL

• Steel tanks midships & aft

• Capacity: 6,900 gallons

• Lines: pipe & hose

• Valves: yes | Venting: yes

Steel tanks midships & aft

Capacity: 6,900 gallons

Lines: pipe & hose

Valves: yes | Venting: yes

OTHER TANKS

• Hydraulic tank: 100 gallons

• Fresh water: 1,600 gallons

• Water heater: Torrid

• MSD sanitation noted

Hydraulic tank: 100 gallons

Fresh water: 1,600 gallons

Water heater: Torrid

MSD sanitation noted

HOLDS / REFRIGERATION / CAPACITY

• Holds: floodable

• Insulated: yes

• Refrigerated: yes

• Forward hold packs: 60,000 lbs salmon

• Aft hold packs: 10,000 lbs salmon

• Total pack: ~70,000-75,000 lbs

Holds: floodable

Insulated: yes

Refrigerated: yes

Forward hold packs: 60,000 lbs salmon

Aft hold packs: 10,000 lbs salmon

Total pack: ~70,000-75,000 lbs

ELECTRICAL

• 12/24V DC + 110/208V AC

• Marine stranded wire, supported and secured

• Panels with breakers and proper switching

• Shore power cord + bulkhead mount

• Batteries secured, charged via alternators and chargers

12/24V DC + 110/208V AC

Marine stranded wire, supported and secured

Panels with breakers and proper switching

Shore power cord + bulkhead mount

Batteries secured, charged via alternators and chargers

PUMPS / SAFETY / FIREPUMPS

• Bilge: two DC pumps

• Bilge sensors: yes

• Other: condenser water, circulation water, deck wash, domestic water

Bilge: two DC pumps

Bilge sensors: yes

Other: condenser water, circulation water, deck wash, domestic water

FIRE & SAFETY

• Fixed Halon system in engine room (current)

• Fire sensors

• ABC extinguishers in galley, wheelhouse, foc'sle, engine room

• Guardian liferaft (SOLAS A pack)

• EPIRB

• Survival suits

• Flares

• Life ring + line

• General alarm system

Fixed Halon system in engine room (current)

Fire sensors

ABC extinguishers in galley, wheelhouse, foc'sle, engine room

Guardian liferaft (SOLAS A pack)

EPIRB

Survival suits

Flares

Life ring + line

General alarm system

DECK GEAR / RIGGING / WINCH PACKAGE

• Steel Forfjord anchor

• Hydraulic anchor winch

• Chain + cable rode

• Steel mast (6" pipe), steel tripod rigging

• Steel boom (6" pipe)

Steel Forfjord anchor

Hydraulic anchor winch

Chain + cable rode

Steel mast (6" pipe), steel tripod rigging

Steel boom (6" pipe)

Winches / Gear Listed

• PL-5 topping lift

• PL-5 boom lift

• Pullmaster H8 boom lift

• Boom vang winch

• Marco deck winch

• Marco power block w/ swivel + gripper

• JK longline hauler

PL-5 topping lift

PL-5 boom lift

Pullmaster H8 boom lift

Boom vang winch

Marco deck winch

Marco power block w/ swivel + gripper

JK longline hauler

ELECTRONICS PACKAGE (SURVEY LIST)

• Furuno FCV-295 sounder

• Furuno radar dome DRS4DNXT

• Furuno TZT16F touch plotter/radar

• TimeZero navigation software on ship computer

• Comnav 2001 pilot

• Comnav 201 remote (new)

• RDF bridge watch

• Icom IC-M612 VHF

• Icom IC-M506 VHF

• Uniden UM525

• Koden GPS / satellite compass

• Koden depth sounder

• SEA 222 SSB

• TracPhone

• Starlink communications

• New HOBO system

Furuno FCV-295 sounder

Furuno radar dome DRS4DNXT

Furuno TZT16F touch plotter/radar

TimeZero navigation software on ship computer

Comnav 2001 pilot

Comnav 201 remote (new)

RDF bridge watch

Icom IC-M612 VHF

Icom IC-M506 VHF

Uniden UM525

Koden GPS / satellite compass

Koden depth sounder

SEA 222 SSB

TracPhone

Starlink communications

New HOBO system

GALLEY

• Electric range

• Sink

• Refrigerator

• Chest freezer

Electric range

Sink

Refrigerator

Chest freezer

ATTACHED / ADDITIONAL EQUIPMENT (SURVEY)

• Air compressor

• Welder

• Tools + spares

• Aluminum wave wall

• Aluminum bait shed

• Longline gear

• Seine gear

• Aluminum seine skiff

• Forward / aft / side lighting package

Air compressor

Welder

Tools + spares

Aluminum wave wall

Aluminum bait shed

Longline gear

Seine gear

Aluminum seine skiff

Forward / aft / side lighting package

LIGHTING (SURVEY)

• Highliner 100W on house

• Highliner 300W facing aft

• Titan 540W amber forward floods

• LED hauling / aft / forward lighting upgrades (2020)

Highliner 100W on house

Highliner 300W facing aft

Titan 540W amber forward floods

LED hauling / aft / forward lighting upgrades (2020)

SEINE + LONG LINE PACKAGE - $550,000 (TURN-KEY)

Includes all longline equipment plus full seine configuration:

Seine Equipment

• 450-mesh nylon net

• 375-mesh Spectra net (primary working net)

• Marco deck winch

• Marco 28" power block w/ swivel & gripper

• Two side davits (roller + horns)

450-mesh nylon net

375-mesh Spectra net (primary working net)

Marco deck winch

Marco 28" power block w/ swivel & gripper

Two side davits (roller + horns)

Skiff

• 20' brown skiff

• Cummins 6BT

• 3:1 reduction

• 4,800 lb towing capacity

20' brown skiff

Cummins 6BT

3:1 reduction

4,800 lb towing capacity

No additional capital required to make first opening.

RECENT UPDATES (SURVEY)

• 2025: new packing and paint

• 2025: propeller tuned

• 2024: new rubber boot off Pitts clutch

• 2024: reduction gear rebuilt

• 2024: new reduction gear cooler

• 2022: small generator end replaced

• 2020: hydraulic cooler added + LED lighting upgrades

2025: new packing and paint

2025: propeller tuned

2024: new rubber boot off Pitts clutch

2024: reduction gear rebuilt

2024: new reduction gear cooler

2022: small generator end replaced

2020: hydraulic cooler added + LED lighting upgrades