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Your Boat Club For ALL the ways YOU BOAT! Great Boats - Great Availability! - U... Page 2 of 2 <br /> Tom Jacob,owner of the Excelsior-based Excel Boat Club,said the economics of a boat club <br /> make sense for many consumers,especially in light of the recession. <br /> "Everyone in Minnesota thinks they have to own their boat,but when they stop and think about <br /> how much they'll really use it,it makes more sense to cut some of the costs and let someone <br /> else handle the maintenance,"he said."If you boat 40 or 50 times a year,don't come see me or <br /> Luke-go buy a boat.But if you're only going to boat 10 times a year,then a boat club is <br /> probably a great fit." <br /> Excel Boat Club is at full capacity with 180 members for its 20 boats.The company,which has <br /> operated on Lake Minnetonka for 10 years,added a second location in Bayport on the St.Croix <br /> River last year. <br /> The nation's largest club is the Cincinnati-based Freedom Boat Club,which has several <br /> thousand members at its 57 locations in 13 states,mostly in the eastern United States. <br /> Kujawa said he's been developing the business model for Your Boat Club for several years,but <br /> the recent sale of five of the seven Crystal-Pierz Marine stores to Bass Pro Shops created an <br /> opportunity for him to pursue it full time."I actually wanted to do this as part of Crystal-Pierz,but <br /> as the market fell off,we just didn't have the time or resources to launch it." <br /> Your Boat Club has four corporate employees in addition to Kujawa and his business partner, <br /> Michael Jellish,at the company's 2,600-square-foot headquarters in the Lumber Exchange <br /> building in downtown Minneapolis.The company also will hire site managers and seasonal help <br /> for its various locations. <br /> Your Boat Club <br /> Founder:Luke Kujawa <br /> Headquarters:Minneapolis <br /> Locations:Prior Lake,Ramsey and Brainerd <br /> Description:Club members pay an annual fee and monthly dues for unlimited access to boats. <br /> Founded:2010 <br /> Revenue:Not applicable <br /> Employees:6 <br /> Web:YourBoatClub.net <br /> Home I How The Club Works I FAQs I Your Locations I Memberships I Request Info FREE Boat Ride!I Apply Today <br /> Locations:Prior Lake I Lake Minnetonka Gull Lake in Brainerd <br /> ®2010 Your Boat Club.All Rights Reserved. Site designed by Flicker Creative <br /> http://www.yourboatclub.net/businessjournal.php 6/25/2010 <br />