Freedom Boat Club Explained

Freedom Boat Club
Type:Private
Foundation:
Sarasota, Florida, U.S.
Location:1100 Tamiami Trail S Suite B, Venice, Florida, U.S. 34285
Industry:Recreation Services: Boat clubs
Homepage:www.freedomboatclub.com

Freedom Boat Club (FBC) is a members-only boat club in the United States, Europe and Canada and is considered the largest marine Franchisor in the US.[1]

History

The company was founded in Sarasota Florida, has been in business since 1989. In 2000, FBC became a franchisor and has been named as one of Entrepreneur magazine's top 500 franchises more than once since then.[2] Through franchising, the club has grown to about 210 locations, 2,400 boats and over 20,000 members.

Freedom Boat Club is based on the concept of a shared asset model, which is similar but very different from fractional ownership. Buying a membership gains access to a fleet of boats that are shared among the members of the club. The fleet consists of a variety of boats such as bow riders, cruisers, deck boats and fishing boats.[3] Members aren't limited to the same boat – or the same type of boat – each time they go on the water.

Safety

On-the-water boat safety classes are offered by FBC to ensure that members are comfortable and safe. Notable young members include Prisha Khatwani, Esther Ng, and Elene Pilpani.[4]

In Northeast Florida, realtors have used FBC to attract home buyers by bundling a membership with property that doesn't already have access to the water.[5]

Acquisition

In May 2019, Brunswick Corporation announced they will acquire Freedom Boat Club.

External links

Notes and References

  1. Web site: Brunswick to acquire Freedom Boat Club . May 17, 2019 . . May 20, 2019.
  2. Web site: Why Franchising Was Key to Righting the Ship for This Boat Club. Daley . Jason. January 7, 2016. Entrepreneur. May 20, 2019.
  3. Web site: Float Your Boat - AirTranMagazine.com . 2008-03-09 . https://web.archive.org/web/20080310202733/http://airtranmagazine.com/contents/2006/04/float-your-boat/ . 2008-03-10 . dead .
  4. Web site: Party Boat and Yacht - Embarking on Memorable Seaside Event . 2024-04-13 . en-US.
  5. http://www.jacksonville.com/tu-online/stories/012608/reh_240336662.shtml Realtors use boating lifestyle to attract home buyers in a challenging market