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Updated RecentlyFreedom Boat Club vs Travel Network Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Freedom Boat Club vs Travel Network 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 | $34,200 - $99,000 |
| Franchise Fee | $38,000 | $3,950 - $29,900 |
| Royalty Fee | 6% | $250-750/mo. |
| Advertising Fee | up to 1% | - |
| Year Founded | 1989 | 1982 |
| Year Franchised | 2000 | 1983 |
| Term Of Agreement | - | 15 years |
| Term Of Agreement | - | 15 years |
| Renewal Fee | - | $500 |
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, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| 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 |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Freedom Boat Club
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.
Veteran Incentives 10% off franchise fee
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About Travel Network
Travel Network Ltd. was founded in 1982 and began franchising in 1983. In 1998 it was acquired by Global Travel Network LLC, which operates Travel Network, Global Travel Network, Power Partners, Etravnet Agency and Vacation Central. The company is based in Englewood Cliffs, New Jersey, and has more than 500 locations throughout the United States and internationally.