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Below is an in-depth analysis and side-by-side comparison of Freedom Boat Club vs Travel Leaders including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $175,025 - $486,000 | $2,270 - $17,910 |
Franchise Fee | $38,000 | $0 - $2,500 |
Royalty Fee | 6% | $474-995/mo. |
Advertising Fee | up to 1% | - |
Year Founded | 1989 | 1888 |
Year Franchised | 2000 | 1984 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | $1K |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | On-The-Job Training: 16 hours Classroom Training: 30 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
Marketing | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations | Number of Employees Required to Run: 2 |
22% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Since 1989, the Freedom Boat Club has emerged as the premier boat club in the country offering our members a hassle-free approach to boating. Gone are the concerns and confines of traditional boat ownership. You simply select the style of boat you would like to experience for your day on the water and begin creating wonderful memories with family and friends. With over 60 locations throughout the US, you may enjoy the flexibility of reciprocal access to all current and future Clubs. We invite you to experience the social and boating experiences that have made the Freedom Boat Club legendary with our members.
Take the next step to find out if a Freedom Boat Club Franchise could work for you.
In 1872, Georges Nagelmackers began his company, Wagons-Lits, to install sleeping compartments in European trains. A few years later, he created the Orient Express. In 1888, Ward G. Foster founded Ask Mr. Foster, a travel agency based in St. Augustine, Florida.
Each company expanded'Wagonlit throughout Europe and Africa, Ask Mr. Foster across the United States and Europe. Carlson Companies Inc. purchased Ask Mr. Foster in 1979; the company changed its name to Carlson Travel Network in 1990. Carlson Travel Network and Wagonlit Travel merged in 1997, forming Carlson Wagonlit Travel. The new company serves travelers in more than 140 countries.