Nautical Boat ClubFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Nautical Boat Club franchise requires a total initial investment of $504K – $902K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $817K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $504K – $902K
- 29th pct Recreation & …
- Avg gross sales
- $817K
- 15th pct Recreation & …
- Royalty
- 6.0%
- 6th pct Recreation & …
- Units
- 26
- 28th pct Recreation & …
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = >15% above Recreation & Entertainment avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 25 to 21 over 3 years. Investigate why operators are leaving.
38% cash-on-cash return (based on EBITDA). Above the 20% threshold most investors target.
Bottom line
- Total investment $504K – $902K including a $60K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $817K/year (median $723K), with an estimated 38% cash-on-cash return (based on EBITDA).
- Verdict A (Top Quintile) with a risk score of 22/100.
- System growing at 19.0% CAGR over 3 years with 26 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Nautical Boat Clubs, LLC
- Parent company
- Boating Country Club Holdings, LLC
- Predecessor
- was Nautical Toys International
- Prior franchisor entity
- CEO title
- President
- Bryan Wallace
- CEO experience
- 9 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- TX
- HQ
- 2215 Westlake Drive, Suite 102, Austin, TX 78746
- Auditor
- Erickson Demel & Associates, PLLC
- Audited financials
- Franchisor revenue
- $1.6M
- vs $1.6M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- Kemah Boardwalk Boat Club
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Franchisees operate membership-based boat clubs offering shared access to recreational boats, watercraft, and marina facilities without individual ownership burden. Day-to-day operations include member onboarding, boat maintenance coordination, scheduling/reservations management, marina operations, and customer service—blending hospitality with asset-light recreational tourism.
- CEO
- Bryan Wallace
- Headquarters
- TX
- Founded
- 2012
- FDD year
- 2025
- States available
- 6
FDD Item 7 · 2025 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $60K | $60K | |
| Real Estate | $16K | $47K | |
| Office Rental | $5K | $14K | |
| Leasehold Improvements | $5K | $10K | |
| Fleet Inventory | $325K | $600K | |
| Furniture, Fixtures, and Equipment | $3K | $10K | |
| Computer Hardware and Software | $2K | $5K | |
| Exterior Signage | $3K | $5K | |
| Soft Costs | $3K | $5K | |
| Insurance | $15K | $25K | |
| Boat Outfitting Equipment, Supplies & Toys for 5 Boats | $5K | $10K | |
| Training Costs | $2K | $3K | |
| Security and Utility Deposits | $1K | $2K | |
| Business Licenses | $1K | $2K | |
| Advertising Expenses | $30K | $35K | |
| Additional Funds (up to 12 months from opening) | $30K | $70K | |
| Total initial investment | $504K | $902K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$131K
16.0% margin
Unlevered ROIC
17%
EBITDA / total invested capital
Payback
5.8 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $504K – $902K
- Better than avg vs category
- Liquid capital req'd
- $30K – $70K
- Better than avg vs category
- Franchise fee
- $60K – $60K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
- Payback period
- 2.6 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $400 |
| Training fee | $400 |
| Transfer fee | $30K |
| Renewal fee | $15K |
| Inventory (initial) | $330K – $610K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $817K
- Per unit, per year
- Median gross sales
- $723K
- Avg ebitda
- $269K
- Reported as EBITDA in FDD Item 19
- Cash-on-cash
- 38.3%
- Based on EBITDA / investment midpoint
- Item 19 type
- gross_sales
- Sample size
- 24 units
- vs category median 5 · large
- Range (low → high)
- $94K→$2.8M
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 7 / 5
- vs category median 4 / 5 · above
Compared against 176 Recreation & Entertainment brands
vs Recreation & Entertainment averages
How Nautical Boat Club Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 26
- Opened
- 1
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 96%
- vs corporate-owned
- Multi-unit owners
- 7.7%
- Net growth (yr3)
- +4.2%
- Net unit change last year
- 3-yr CAGR
- +19.0%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 1
- Transfers (3yr)
- 1
- Projected new
- 2
- Franchisor's next-year forecast
- Transfer rate
- 3.8%
- Owners selling to other franchisees
- Ceased ops
- 3.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 6 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
6
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 3 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 3
- Loan volume
- $694K
- Median loan
- $335K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Nautical Boat Club's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 2 lenders with concentration factor
- Per-state charge-off rates across 2 states
- Startup risk premium and job creation velocity
- 2-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Nautical Boat Club presents moderate-to-cautious risk: strong unit economics mask slow system growth, unverified financial claims, and high capital intensity in a discretionary consumer category.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Largest disclosed settlement: $60,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Erickson Demel & Associates, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 22 / 100 rating
- 01MEDNo Item 19 financial performance representations disclosed — cannot independently verify the $816,515 average revenue claim
- 02MINORAnemic unit growth of 4.2% YoY on a 26-unit system suggests market saturation or recruitment challenges in a niche leisure category
- 03MINORHigh capital requirement ($503K-$902K) relative to net income ($269K average) creates 1.9-3.4 year payback window with execution risk
- 04MINORLeisure/discretionary spending category is economically cyclical and vulnerable to recession pressure on membership retention
- 05MINOR6% royalty on gross sales (not net) penalizes unprofitable locations and reduces franchisee flexibility during downturns
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 5 mi |
| Territory population | 50,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 15 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 20 hrs
- Training location
- Marina Site
- Field support
- 44 hrs/yr
- On-site visits per year
- Site selection
- joint
- Franchisor financing
- Offered
- Item 10
- POS system
- Stellar Software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Stellar Software
Item 20 · call current owners
Franchisee Contacts
1 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Nautical Boat Club · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Nautical Boat Club franchise?
The total investment to open a Nautical Boat Club franchise ranges from $504K – $902K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Nautical Boat Club franchise owners earn?
According to Item 19 of the Nautical Boat Club FDD, the average gross sales per unit is $817K. The median is $723K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Nautical Boat Club's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Nautical Boat Club (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Nautical Boat Club franchise locations are there?
As of their most recent FDD filing, Nautical Boat Club has 26 total units in the United States, including 25 franchised units and 1 company-owned units. 1 new units were opened in the latest reporting year.
Is Nautical Boat Club a good franchise to buy?
FranchiseVerdict rates Nautical Boat Club as a A-grade franchise with a risk score of 22 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.