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Gazette photo by Steve Morris Excel
Boat Club President Tom Jacob said he excited about moving into
Bayport. The Lake Minnetonka-based boat club will officially open a
second location in Bayport on May 9.
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BAYPORT - A Minnesota-based boat club business that has
been called one of the top 10 boat-rental companies in the country is
expanding to the banks of the St. Croix River this summer.
Excel
Boat Club, based on Lake Minnetonka at Excel Marina in Excelsior, will
officially open a second location in Bayport on May 9, adjacent from
the Bayport Beach House and the city's newly updated swimming beach.
While several St. Croix Valley companies offer boat rentals, the Excel
Boat Club will join the Stillwater Yacht Club as the only business that
offers boat club services.
Under an agreement reached in
February, Excel Boat Club will use eight of 17 boat slips from the
owners of the Beach House Marina, which is operated under the
RiverMarina company.
Brian Shelton, managing partner of
RiverMarina, said the company was looking to start a boat club business
at the Beach House Marina, and decided on Excel Boat Club because "they
would do a better job."
Shelton said the company will have an
advantage among other boat club businesses because of the membership
base already in place on Lake Minnetonka.
The boat-rental
business has the chance to bring thousands of people into the St. Croix
Valley this summer and its economic impact to surrounding business will
be significant, said Tom Jacob, Excel Boat Club president. The business
will employ 4-7 local people, he said.
Jacob said the idea
behind the business is simple: provide the boating lifestyle without
the hassles and expenses of owning a boat. Customers pay an annual
membership fee - ranging from $3,800 to $7,000 - which allows them to
take a variety of boats on the St. Croix River and Lake Minnetonka, for
half or full days, multiple times during the season, depending on the
type of package. Customers also get a variety of water toys to take
with them, Jacobs said. No other costs are involved except fuel and any
damage done to the boat. Jacobs said non-members will also be able to
rent boats.
"It's crazy getting in and out of Stillwater and
Hudson (Wis.) in the summer," Jacob said. "We don't sell nuts and
bolts, we sell fun."
Excel Boat Club plans to mirror the
business model currently in place on Lake Minnetonka. The company has
invested a significant amount of money in the Bayport location,
including multiple new boats equipped with the latest technology, such
as GPS units and stereo systems.
"Safety and comfort are our biggest things," Jacob said. "We take care of everything. ... It's affordable luxury."
Besides
boat renting, the company also rents various other items such as one-
and two-person s, paddleboats and pontoon boats.
Excel Boat
Club has been in business for nine years and has more than $1 million
invested in 26 different boats between the two locations.
While the Bayport location will be starting with eight boats - five for
club members and three for nonmember use - Jacob said he plans to be in
Bayport for the long haul and hopes to one day have 17-18 boats docked
in Bayport.
"I intend to be here until I retire," Jacob said.
Marshall
Nowlin, Bayport Marina manager, is supportive of Excel Boat Club and
said the fact that the company has been in the business for nine years
makes them a viable operation.
"I think anything that encourages
boating is great," Nowlin said. "It should have a positive impact on
the community, both indirect and direct."
Jacob said he has always wanted to expand to Bayport and with the growth of the area, moving to the St. Croix Valley made sense.
Looking forward, Jacob said he is excited to bring his passion for boating to the St. Croix Valley.
"I am really excited about it. It's going to be a great place," he said.