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Below is an in-depth analysis and side-by-side comparison of Freedom Boat Club vs Mybestplanet 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 | $26,000 - $65,000 |
Franchise Fee | $38,000 | $7,800 - $19,500 |
Royalty Fee | 6% | 0 |
Advertising Fee | up to 1% | 0 |
Year Founded | 1989 | 2009 |
Year Franchised | 2000 | 2010 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
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 | Our initial support Upon a set delivery date we will create for you a fully working duplicate portal along with the backend and myfacility control systems (management area for the accommodation facilities which you can access using the same username and password for the backend) with which you will operate the portal and manage your business. We have structured a training program covering every aspect of the business, designed to fast track you through all the operating procedures. We will work with you to give you all the right input that will help you to implement the content sections, which will be preparatory for other steps, namely the sale of advertising space and especially the online accommodation facilities affiliation. Our Franchise Operations Manual explains all the portal sections and the way to work around them. Our help desk is always at your disposal for questions and suggestions. Our ongoing support We are constantly updating and expanding the portal with new tools and functionality, guaranteeing an up-to-date platform in this ever changing market. In addition to the above, our free ongoing support includes: � Design and Creation of all advertising materials on your portal. � Training, coaching and support from our dedicated team. � Helpline facility for advice on all technical aspects of the business. � Access to your backend to full control your platform. �Providing all the corporate identity materials (business cards, presentations, contracts, business commission form etc.). � Portal hosting and management, renewal of your Secure Server Locket using the best companies on the market (Verisign, GoDaddy, etc.). � Implementation of all new web applications and upgrades. � Commitment to constantly develop the brand awareness of Mybestplanet and its network. � Search Engine Optimization (SEO) & Internet Marketing |
Marketing | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | Currently our advertising costs are entirely based on web promotion (PayClick, AdWords, listing, Impressions, etc...) that is the end-customers resource. |
Operations | Number of Employees Required to Run: 2 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.