Question 1

Does Freedom Boat Club franchise offer exclusive territory?

Accepted Answer

Freedom Boat Club offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Freedom Boat Club franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Freedom Boat Club is 5 years. Franchisees may renew up to 2 times for 5-year periods. The total potential term is 15 years.

Question 3

What is the non-compete clause for Freedom Boat Club franchise?

Accepted Answer

The Freedom Boat Club franchise non-compete clause extends for 2 years within a 50-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Freedom Boat Club franchise?

Accepted Answer

Yes, Freedom Boat Club allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $15,000 applies.