SailTime
We provide shared-usage boating memberships that give customers access to sailboats, powerboats, or both without the expense and hassle of full ownership. Our business operates from a docked Base where members share each watercraft and use a scheduling system that provides guaranteed monthly use plus additional as-available access. We recruit members, manage the vessels, handle maintenance and slip costs, and keep the boats ready for use. We also offer charter rentals and sailing school services for people who want to enjoy boating or learn how to operate a vessel. Our customers are boaters and would-be boaters looking for a simpler, more flexible way to get on the water.
Your franchise match score
Education
Brand highlights
- CEOTodd Hess
- Headquarters105 Eastern Avenue, Annapolis, MD, 21403
- Year founded2006
- Year started franchising2003
- IndustryEducation
- Locations open25 (+2 last three years)
Statistics & metrics
- Investment range$74,675 - $151,950
- Franchise fee$25,000
- RoyaltyThe greater of a minimum royalty of $8,700 annually ($725 monthly), or 7% of your Gross Revenue1, subject to the following breakpoint discounts: 6% of your Gross Revenue on all revenue earned above $300,000 until $600,000; and 5% of your Gross Revenue on all revenue earned over $600,000.
- Brand fund$250 per brand (Sail and/or Power), and $400 if you offer both Sail and Power
- Required Liquid CapitalN/A
- Required Net WorthN/A
Find your perfect franchise fit
Create a free profile and answer a few questions about your goals. SeeThrough will analyze your responses to identify brands that align with your priorities. The more detail you add, the more refined your franchise matches become. Update your profile anytime to sharpen your results, save favorites and compare opportunities side by side.
Brands you may also like
FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2020-04-25
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about SailTime, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the SailTime franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a SailTime franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a SailTime franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by SailTime. | |
| Financial Performance Representations | Review any financial performance information SailTime provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 25 |
| Franchise locations | 24 |
| Corporate locations | 1 |
System growth over time
FAQs
Discover how Franchise Sidekick simplifies the franchise buying process and supports your entrepreneurial journey.
Franchisee reviews
See feedback from owners about their experience with SailTime.
Based on 0 reviews
No reviews found for SailTime yet.
Are you a SailTime franchisee? We would like to hear about your experience!