Nautical Boat Club launches employee purchase program

Nautical Boat Club has launched an accelerated path to franchise ownership for Nautical Boat Club employees. Club H2O is designed to encourage and enable Boat Club hires to become owners of their own franchise locations.

“Business ownership is part of the American Dream,” said Tom Gardiner, the longtime Nautical Boat Club franchisee who took ownership of the company in 2012. “We’re excited to offer Club H2O to our exceptional employees who want to turn that dream into a reality – and have a ton of fun doing it.”

The Club H2O program provides full-time Nautical Boat Club employees with a structured path to successful ownership of their own franchise.

Eligible candidates with a minimum of three years of management experience at an existing Boat Club may be considered for a general manager position at a new location they intend to purchase; qualified GM candidates may be offered the option to purchase that franchise location following three years there.

Once employees are ready to purchase their franchise, Club H2O also gives employee-purchasers a discount on their franchise fee based on their tenure with the company – a 10 percent discount for each year they’re with Nautical Boat Club after year one, up to a full 50 percent discount. The hands-on training employee-purchasers have received not only prepares them to run their own business, but also helps them build a business plan and secure competitive financing.

“At Nautical Boat Club, we want to help our people fulfill their potential and elevate those who have established themselves in this business,” Gardiner said. “The program rewards employees who stay with the company and work toward a bigger goal, while current franchisees benefit from employees who are more motivated, productive and stable. Nautical Boat Club has always sought employees with an entrepreneurial spirit, a passion for superior customer service, and a desire to belong to a uniquely fun business.”