Full Answer
How much is a franchise for Freedom Boat Club?
The lowest you can expect to invest is $181,000 if you want to become a franchisee. The high end of the total investment required to open a franchise is $487,500. New franchisees pay Freedom Boat Club a franchise fee of $38,000. There is currently a total of 292 units in operation.
Is Freedom Boat Club profitable?
Freedom Boat Club revenue is $3.3M annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Freedom Boat Club has 487 employees, and the revenue per employee ratio is $6,776. Freedom Boat Club peak revenue was $3.3M in 2021.
How does Freedom Boat Club make money?
Freedom Boat Club is a membership-only yacht and boat club that offers its members the usage of boats at designated times and for designated time periods based on an entry fee and monthly dues.
Who owns Freedom Boat Club?
Brunswick CorporationFreedom Boat Club / Parent organizationBrunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Today, Brunswick has more than 13,000 employees operating in 24 countries. Wikipedia
How many locations does Freedom Boat Club have?
300+ locationsFreedom Boat Club – the world's largest members-only boat club – was founded in 1989 in Sarasota, Florida. Today, the Club's 300+ locations welcome hundreds of members to the docks each day to enjoy a day on the water while we take care of the rest including fueling, cleaning, maintenance, and more.
Who started Freedom Boat Club?
John GiglioHe became the sole owner in 2012. John Giglio, 39, operates Freedom Boat Club, a membership organization that markets itself as an affordable alternative to boat ownership.
Are boat timeshares worth it?
If you want to take the boat out daily or weekly, it's probably worth purchasing your own. That way, you have complete freedom. If you only sail a few times a year and prefer the idea of having someone else take care of upkeep, the timeshare model is probably a smarter decision.
How much does it cost to join Freedom Boat Club in Florida?
Freedom boat club costServicePrice, depending on locationOne-time initiation fee$3,200 to $11,000+Unlimited boating without restrictionsAbout $300 to $350 monthlySeasonal plan, boating half a yearAbout $200 to $250 monthly3 more rows
How much does it cost to join Freedom Boat Club Tampa?
Freedom Boat Club Membership: Downpayment for Port & Starboard Plan (without any discounts) = $5,900.
How long has Freedom Boat Club been around?
Freedom Boat Club – the world's largest members-only boat club – was founded in 1989 in Sarasota, Florida. Today, the Club's 300+ locations welcome hundreds of members to the docks each day to enjoy a day on the water while we take care of the rest including fueling, cleaning, maintenance, and more.
What is the largest boat club?
Freedom Boat ClubAbout Freedom Boat Club Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC) and headquartered in Venice, FL., is the world's oldest and largest boat club with more than 350 locations in 34 states, Canada, and Europe.
Did Brunswick Buy Freedom Boat Club?
VENICE, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- Freedom Boat Club, operator of the largest fleet of recreational boats in the world and part of Brunswick Corporation (NYSE: BC), announced today that it has acquired the Freedom Boat Club of Tampa Bay franchise operation and territory – the largest territory in the ...
How much does it cost to join Freedom Boat Club in Florida?
Freedom boat club costServicePrice, depending on locationOne-time initiation fee$3,200 to $11,000+Unlimited boating without restrictionsAbout $300 to $350 monthlySeasonal plan, boating half a yearAbout $200 to $250 monthly3 more rows
How much does it cost to join Freedom Boat Club Tampa?
Freedom Boat Club Membership: Downpayment for Port & Starboard Plan (without any discounts) = $5,900.
How much is Freedom Boat Club Lake Erie?
But the Lake Erie Freedom Boat Club is sort of a boat library. For a $5,500 initiation fee and $259 a month, you can make up to four reservations (including two on weekends), to check out a power boat for any day between April and the end of October.
How much does Freedom Boat Club cost in Rhode Island?
We provide the training. One of our licensed captains will teach new members for however long it takes to learn.” The one-time joining fee is $3,500, followed by a monthly fee of $299 (twelve months per year). For more information, go to freedomboatclub.com.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 153 franchised Freedom Boat Club locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
What is a world gym?
World Gym is an iconic, globally-recognized fitness brand in a booming industry. Invest in a World Gym Franchise and profit from a subscription-based revenue model with multiple revenue streams, backed by proven systems and A-to-Z franchisee support.
How does Freedom Boat Club work?
Freedom Boat Club operates similarly to a golf club - But instead of reserving a tee time, the customers reserve a boat for a day on the water. Members call in and select a boat and the day that they'd like to go boating, and Freedom Boat Club does all the rest. When they arrive at Freedom Boat Club, the boat is always ready to go. Freedom Boat Club (FBC) is a members-only Boat Club with 55 locations spanning from the Southern tip of Florida up to Grand Haven, Michigan. They've been in business since 1989 and they currently cater to more than 3,500 members. They have time-tested and proven systems of marketing, sales, operations and member services, and have a proven membership-only boat club model that can sustain profitable growth.
How long is Body20?
Body20 is a unique fitness franchise that uses the proprietary BODY20 electro-muscle stimulation (EMS) training method to give clients the benefit of a 2 hour full body workout in just 20 minutes with no needs for weights or added resistance.
How many members does Freedom Boat Club have?
They've been in business since 1989 and they currently cater to more than 3,500 members.
Is Freedom Boat Club a franchise?
Freedom Boat Club is listed in the Franchise Directory under the Fitness category. It's also listed in the section for Franchises Under $300,000 .
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is included in the initial investment?
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
How long is a franchise agreement?
5 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is Territory Size based on?
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
What is the purpose of royalty fee?
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Where is Freedom Boat Club?
Freedom Boat Club, a division of Brunswick Corporation, and headquartered in Venice, Fla., has locations in 31 states, Canada, and Europe. Club members pay a one-time entry fee and monthly dues for access to a fleet or boats and unlimited free training.
