Freedom Boat Club signs deal with Liberty Marine Group - Trade Only Today

Freedom Boat Club signs deal with Liberty Marine Group

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The Freedom Boat Club signed a franchise agreement with the Liberty Marine Group to own and operate boat clubs in Miami and Fort Lauderdale, along with future locations slated for New Jersey, Virginia and North Carolina.

Liberty’s principal investors also are involved with Baja Marine, the parent company of Donzi, Baja, Fountain and Pro-Line Boats. Baja Marine also will build and sell boats to the Freedom Boat Club’s 15 corporate-owned clubs and to its other franchise operators.

“It’s a win-win opportunity for all parties involved,” Freedom Boat Club CEO and president John Giglio said in a statement. “We are very pleased about partnering with a major boat manufacturer in this franchise opportunity, as the principals of Liberty and Baja Marine share our same passion for getting people out and on the water to enjoy the boating lifestyle. The opportunity to bring these iconic and quality boating brands into our fold is just an added benefit for our members across the country.”

“We are happy to launch multiple Freedom Boat Club locations, beginning with Fort Lauderdale and Miami in November and continuing our expansion throughout the New Jersey, North Carolina/Virginia markets in the spring of 2015, primarily utilizing Pro-Line and other Baja Marine brand boats,” Liberty CEO Bill Gates said.

Marina locations are being reviewed and finalized and will be announced shortly.


And the Wait for New Boats Goes On

Ninety-five percent of marine dealers say they waited at least a month to get new-boat orders filled in August, and 35 percent say they experienced lead times of more than three months.

Consumer confidence at record highs

The economic indicator that Navico CEO Leif Ottosson watches first and foremost is consumer confidence, and The Conference Board’s measure of the American consumer’s mood delivered good news to Navico and the rest of the recreational marine industry at the end of August.