Question 1

How much does it cost to open a Freedom Boat Club franchise?

Accepted Answer

The total initial investment for a Freedom Boat Club franchise ranges from $224K to $503K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Freedom Boat Club franchise fee?

Accepted Answer

The initial franchise fee for Freedom Boat Club is $50K.

Question 3

What are the net worth requirements for a Freedom Boat Club franchise?

Accepted Answer

Net worth requirements for Freedom Boat Club are specified in the Franchise Disclosure Document.

Question 4

Does Freedom Boat Club require a personal guarantee?

Accepted Answer

Yes, Freedom Boat Club requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Freedom Boat Club franchise?

Accepted Answer

Equipment costs for a Freedom Boat Club franchise range from $2K to $4K. Initial inventory costs range from $120K to $300K.