Like Tree0Likes

Looking into a New Business Opinions Please!

Reply
Old 04-22-2008, 07:32 AM
  #1
Registered
Thread Starter
 
Titan's Avatar
 
Join Date: Oct 2002
Location: Mill Neck, NY
My Boats: 33 Stratos, Sweet 16 Donzi
Posts: 2,275
Default Looking into a New Business Opinions Please!

I am looking into a possible franchise related to boating. The Franchise is called Freedom Boat Club. Has anyone ever heard of this or used it themselves. Seems like a very inexpensive way for the average person to enjoy boating..
What do you guys think...

Here is the link...

http://freedomboatclub.com/
Titan is offline  
Reply With Quote
Old 04-22-2008, 09:06 AM
  #2
Registered
 
stecz20's Avatar
 
Join Date: Sep 2003
Location: San Francisco CA
My Boats: I am Jersey's B!tch
Posts: 7,772
Default

sounds like some sort of homo club.. should do well out there, you have fire island and west babalon.... jeffs town.....

good luck
stecz20 is offline  
Reply With Quote
Old 04-22-2008, 09:11 AM
  #3
Racer
Racer
 
Wahoo ATV's Avatar
 
Join Date: Jan 2006
Location: Columbus,MI
My Boats: 38 Fountain Canopy, V24 Bat Boat
Posts: 2,573
Default

Looks interesting. What does it cost to be a member? I would think if you are in a good boating market, it would be a hit. No storage, maintenance, down time or resale head ache. Perfect for the trailer boater.
Wahoo ATV is offline  
Reply With Quote
Old 04-22-2008, 09:53 AM
  #4
Registered
Thread Starter
 
Titan's Avatar
 
Join Date: Oct 2002
Location: Mill Neck, NY
My Boats: 33 Stratos, Sweet 16 Donzi
Posts: 2,275
Default

Memberships range depending on market. I am estimating roughly around $6000. per year. There was a freedom boat club here on Long Island before they became a franchise operating under a license agreement. They had 300 members with boats in 2 locations. When the company went to a franchise they did not want to pay the franchise fee. Which I can not believe with that kind of cash flow. It is pretty reasonable.
Memberships were priced at $5995. per year.

Last edited by Titan; 04-22-2008 at 09:57 AM.
Titan is offline  
Reply With Quote
Old 04-22-2008, 10:20 AM
  #5
Registered User
 
BAJA WILL's Avatar
 
Join Date: Feb 2001
Location: Tampa, Indian Shores Beach
My Boats: Don't even mention the word boat
Posts: 3,300
Default

was involved in one in S. FL. They can be OK. The one where I was had problems of people joining and oops the boats ended up in the Bahamas, with a "Boat Load of Hatians" in NY you shouldn't have that problem. Be prepared every sat and sun to go tow someone in especially after hours.

It is a good way for people getting into boating to see if they are ready for the commitment.

WILL

WILL
BAJA WILL is offline  
Reply With Quote
Old 04-22-2008, 10:33 AM
  #6
Registered
Thread Starter
 
Titan's Avatar
 
Join Date: Oct 2002
Location: Mill Neck, NY
My Boats: 33 Stratos, Sweet 16 Donzi
Posts: 2,275
Default

I was thinking that would be a problem with inexpierenced boaters. Guess I will not be putting any Herring Props on these boats. Aluminum ****ters is what they will be getting. Sort of like throw away paint brushes....


How was your expierence with using the clubs away from your home port. Did you find it was worth traveling and using the benefits on vacations??

Seems to me it would be a big selling point for members to be able to travel to different ports and be able to go boating..
Titan is offline  
Reply With Quote
Old 04-22-2008, 10:33 AM
  #7
Registered
 
sellsman11's Avatar
 
Join Date: Sep 2004
Location: Pickwick Lake, USA
Posts: 1,296
Default

Quote:
Originally Posted by stecz20 View Post
sounds like some sort of homo club.. should do well out there, you have fire island and west babalon.... jeffs town.....

good luck
LMFAO!!! Send me a "My Peeps" application please!!!
sellsman11 is offline  
Reply With Quote
Old 04-22-2008, 10:39 AM
  #8
Registered
 
McGary911's Avatar
 
Join Date: May 2002
Location: Jacksonville, FL
My Boats: Donzi Criterion
Posts: 1,172
Default

My old boss is a member of a boat club just like that one here in Jacksonville. He loves it. About $270 per month (in addition to like a $600 up front fee to join the club), and he can take out 1 of about 12 boats. Typically not a problem getting one reserved. I've been out a bunch of times. The boats are all bought used to save the operator a bunch of money. They assume they'll be some idiots out there, who'll crash 'em. They give them a lot of help around the docks.
McGary911 is offline  
Reply With Quote
Old 04-22-2008, 10:40 AM
  #9
Registered
 
Join Date: May 2007
Posts: 789
Default

Looks to me like they would carry the same reputation as a timeshare. They are definately vague about things on their websight. I guess it would all boil down to who many boats are available vs. how many active members. If there are enough boats to satisfy the membership, and the boats are used everyday...I don't see how it could be profitable!
pachanga is offline  
Reply With Quote
Old 04-22-2008, 12:13 PM
  #10
Registered
 
Tantrum's Avatar
 
Join Date: Oct 2000
Location: USR, NJ
My Boats: Stray Cat Statement Marine
Posts: 4,000
Default

I looked at the one in LI a few years ago.(not franchise as a member) I posted some questions on a Cruiser forum and did get some feedback...not very positive. One of the bigger complaints was boat availability. Guys researved them with plenty of advance which gave other members plenty of time to crash them and take them out of service.
Insurance has to be heavy too I would think.
Tantrum is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
LZH
General Q & A
3
02-27-2008 11:35 AM
pshannon
General Boating Discussion
34
10-09-2007 11:07 AM
ROCK STAR
General Boating Discussion
124
12-01-2003 05:51 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 09:46 PM.


Copyright 2011 OffShoreOnly. All rights reserved.