FLOATINGLOFT Investment Opportunity slide image

FLOATINGLOFT Investment Opportunity

Freedom Boat Club or Floating Lofts? EST FREE DOW 1989 VS St BOAT CLUB = BOTH FLOATINGLOFTS Freedom Boat club has flipped the Marina Business model and 400+ locations has been great to revitalize an industry. Floating Lofts is a big fan of Freedom Boat Club! A rising tide = more people boating floats all Boats! = However, Freedom Boat Club owns the Boats, not the Customer/User/Member. The Fleet of 1500 boats requires ongoing maintenance, repairs, upkeep, etc all on the balance sheet of the Club Owner not Member/User. The Economics are as Simple as the Age Old: "Buy vs Rent/Lease" for a Condo or a Car. There is no right answer, there is only the right situation for the individual consumer. For Boaters who do not want to Own the Boat - Freedom Boat Club is the right choice. Floating Lofts does the same for Marina Owners as Freedom Boat Club - but our Customers are not the same. Floating Loft Customers want to OWN the Boat as a Cash Flowing Asset. The Difference is our Customers/Members are Vested in the Success of the Boats/Assets and want to see them improved, repaired, well maintained, and taken care - the Floating Loft Customer simply wants to do so with either 3 or 19 other co-owners/LLC member-owners. The Floating Loft model is today only large liveaboards but has plans to include smaller recreational fishing, pontoon, ski, fish boats soon. Freedom Boat Club is a "friend-pet-itor" as the members have very different needs.
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