#283
Initial Investment
LOW: $144,200
HIGH: $178,700
Change in Units
+12.2% +11 UNITS (1 Year)
+22.2% +20 UNITS (3 Years)
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Promoted Opportunities
Company Profile
Founded
1989
Franchising Since
2000 (16 Years)
Corporate Address
990 Laguna Dr. Venice, FL 34285
CEO
John Giglio
About Freedom Boat Club
Freedom Boat Club was started in Sarasota, Florida, in 1989, and began franchising in 2000. Club members pay a monthly fee for access to a fleet of boats including flats boats, fishing boats, deckboats, bowriders, pontoons and cruisers. Each club also offers free boat training and safety classes.
Financials
Financial Requirements
Initial Investment
$144,200 - $178,700
Net-worth Requirement
$1,000,000
Liquid Cash Requirement
$250,000
Ongoing Fees
Initial Franchise Fee
$38,000
Ongoing Royalty Fee
6%
Ad Royalty Fee
1%
Financing Options
Freedom Boat Club has relationships with third-party sources which offer financing to cover the following: equipment
Veteran Incentives
10% off franchise fee
Franchise 500® Rank History
Highest Rank: 283
Lowest Rank: 476
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 1st, 2015
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