Freedom Boat Club

Freedom Boat Club

Freedom Boat Club
#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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