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
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
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.
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
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
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
PROPULSION / POWER / DRIVE TRAINMAIN ENGINE
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
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
AUXILIARY POWER
John Deere 4BT
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
TANKAGE / SYSTEMSFUEL
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
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
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
PUMPS / SAFETY / FIREPUMPS
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
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)
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
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
GALLEY
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
LIGHTING (SURVEY)
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)
Skiff
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
