Freedom Boat Club Continues Rapid Growth

The members-only boat club now has 125 locations in 22 US states and Canada

Freedom Boat Club has reported that it has experienced “exponential” growth in the past year, largely because of opening new clubs and a greater brand awareness.

John Giglio, president and CEO, says in a statement that his company now has 125 locations in 22 US states and Canada. The club has 15,000 memberships with a fleet of 1500 boats.

Freedom Boat Club was recently featured in Entrepreneur magazine’s Franchise 500 because of its continued franchise expansion.

Giglio said the firm continues to expand across the country with new markets in Seattle, Stockton, California and Seneca, South Carolina. The Freedom Boat Club of Greater Boston and Cape Cod has 11 locations, with three new clubs opened in under two years.

“Freedom Boat Club offers a proven revenue model and the success is clearly reflected in the numbers of new franchise owners opening new clubs,” says Giglio in a statement. ”We expect this robust trend to continue, with several new locations currently under review throughout the US and Canada. We also anticipate launching the club abroad where new opportunities abound.”

Giglio adds that both new boaters and “lapsed” boaters like the club business model. “People love the free hands-on training provided by our licensed Coast Guard captains, and they appreciate the affordable cost of entry and maintenance-free lifestyle,” he explains. “We’re especially pleased to see an impressive bump in millennial memberships in major markets where the sharing economy has become a way of life.”

The company buys an average of 550 new boats per year for its clubs. “We’ve worked very hard to educate the marine industry about how the boat club model brings new people into boating, and ultimately serves as a springboard to boat sales, with 20% of our members eventually investing in a boat of their own,” says Giglio. “The fact that we introduce thousands of people to this lifestyle, train them how to safely operate our vessels and then introduce them to multiple brands is simply good for boating.”

 

Freedom Boat Club Continues Rapid Growth

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