FREEDOM BOAT CLUB

FREEDOM BOAT CLUB

Freedom Boat Club franchises operate membership-only boat clubs that provide members access to a fleet of boats at local locations for reserved time periods, based on an entry fee and monthly dues, with members covering their own fuel costs. The business model emphasizes a proprietary system including reservation software, training, and operational standards, offering reciprocity across locations. They target the general public interested in recreational boating without the full costs and responsibilities of boat ownership, competing with boat rentals, fractional ownership, and other marina clubs.

269
Locations
$224K–$503K
Investment
Since 2003
Franchising
ServicesVenice, FLBrunswick Corporationwww.freedomboatclub.comDisclaimer

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$223,500 $502,500
Low: $223,500High: $502,500
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
0.50%
Item 6 of FDD
Fixed Monthly Fees
$1,000
Item 6 of FDD

6% royalty + 0.5% brand fund + up to $1,000/mo technology fee

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How FREEDOM BOAT CLUB Compares


Key Insights

  • #1 largest franchise system in Sports & Recreation
  • One of the lowest SBA loan default rates in Sports & Recreation
FranchiseInvestmentFeeRoyaltyLocations
FREEDOM BOAT CLUB
Current
$224K – $503K$50K6.0%269
i9 SPORTS$60K – $70K$25K7.5%264
AQUA-TOTS SWIM SCHOOLS$1.6M – $2.9M$50K6.0%131
X-GOLF$1.1M – $1.7M$40K7.0%122
Cruisin' Tikis$83K – $124K$20K6.0%106
SAFESPLASH SWIM SCHOOL$945K – $1.3M$55K6.0%90
Sports & Recreation Average
26 franchises
$1.8M – $2.7M$1.0M7.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 26 Sports & Recreation franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1FL
29
2MA
22
3NJ
16
4CA
15
5WA
14
6TX
13
7MI
12
8TN
12
9MD
10
10NY
9
11OH
9
12NC
9
13VA
7
14DE
7
15ME
6

+17 more states

SBA Loan History


Historical SBA 7(a) loan data for FREEDOM BOAT CLUB franchisees (20142025)

Total Loans
26
Average Loan
$569,077
Total Volume
$14.8M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


37 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

37 Contacts Available

Unlock all FREEDOM BOAT CLUB franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases3

Primarily termination disputes with former franchisees, including allegations of Florida Franchise Act violations, fraudulent inducement, negligent misrepresentation, and trademark enforcement.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
17
Non-Renewals
0
Reacquired
13
Ceased Ops
17
Transfers
2
Sold to Franchisees
0
Projected New
1

Frequently Asked Questions


The total initial investment to open a FREEDOM BOAT CLUB franchise ranges from $223,500 to $502,500. This includes a franchise fee of $50,000. Ongoing royalty fees are 6.0% of gross sales.

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