SailTime Group Announces Launch of PowerTime with the Opening of its 3rd Franchise
After successful test runs with two locations in 2019, The World’s Leading Sailboat Membership Franchise is Expanding into Powerboat Yachts
SailTime Group, the world’s leading fractional boat membership franchise, announced the launch of PowerTime, a new boating membership program specializing in high-end powerboats and yachts. SailTime Group will officially debut PowerTime at the 2020 Miami Boat Show (February 13–17) with the opening of their new location in Miami- Ft Lauderdale. CEO Todd Hess will highlight PowerTime’s two-year plan to open 25 franchise locations, six to open in the spring of 2020.
“In the past few years, boat clubs have achieved popularity with a sharing model featuring small powerboats suited for day use only. PowerTime will offer a boat sharing program on 30-45 foot luxury powerboats allowing clients multi-day usage and overnight stays,” Hess said, “Like SailTime, PowerTime will revolutionize the maritime sharing economy, offering boat enthusiasts the chance to enjoy luxury powerboats with overnight usage without the commitment of boat ownership.”
PowerTime will offer its members access to luxury powerboats with a fee that starts at only a few hundred dollars a month. The monthly fee includes all operational expenses such as dockage fees, insurance and routine maintenance. PowerTime members will be able to conveniently schedule blocks of time online to enjoy a new model powerboat without the commitment or expense of ownership.
PowerTime is the first in the industry to offer a boat-management program for midsize power boats. New boat owners can earn generous income by placing their powerboat in the PowerTime program. The company’s innovative boat-management program provides consistent revenue and significantly reduces the cost of ownership. Owners also get a premier membership on their boat, guaranteeing them a full week of reservations every month on their vessel.
“The benefits of owning a boat in the PowerTime program are excellent. We help owners select their boat, line up financing and facilitate the purchase from the supplier. New boat owners can put their boat into the PowerTime fleet for up to five years and have all the benefits of daily professional management and care. Revenue is maximized without sacrificing use by the owner, which makes the PowerTime Ownership Program a very appealing option for future boat owners. ” Hess explained.
Franchise owners Jim and Debbie Veiga are excited to launch PowerTime and SailTime South Florida at the 2020 Miami Boat Show on February 13. They will be debuting the two sharing programs with a new Jeanneau Leader 10.5 for PowerTime and a new Jeanneau Sun Odyssey 349 for SailTime.
“Luxury power boating is a very popular pastime in South Florida but until PowerTime there has not been a sharing option for the larger cruising boats in the 30 to 45 foot range. We are very excited to be the first to offer the PowerTime Membership and Ownership programs in the South Florida market and have every reason to believe this will be a very successful venture,” Jim said. “Along with SailTime South Florida, we’ll be able to offer locals the best mix of luxury powerboats and sailboats available for membership in the greater Miami area!”