What Jet Drive Exchange does

Jet Drive Exchange is a boat and ski club operating a membership-based watercraft sharing service across six marina locations in southern New Jersey, with primary operations in Marmora (All Seasons Marina) and Somers Point (Boat Yard Marina). The company serves individual adults and families seeking on-the-water access without the financial and logistical burdens of ownership, specifically eliminating depreciation, maintenance, winterizing, cleaning, storage, and fueling costs. The service is positioned as a no-contract, no-hidden-fee alternative to buying a boat or jet ski, with the unique ability to take a season off and return free the following year.

The core product is a tiered membership portfolio comprising four unlimited-usage packages (SOLO PARTY, SKI PARTY, BOAT RIDE, RIDE ALL) and two multi-year Time Block packages (20 HOURS and 52 HOURS), supported by add-on modules including PLUS+ premium watercraft, Double Time reservation extension, additional primary family members, and shared memberships. The fleet consists of 15 distinct watercraft models spanning Edgewater, NauticStar, Sea Fox, Starcraft, Yamaha personal watercraft, and Zodiac inflatable boats and tenders. Reservations are managed through a web-based booking portal and native iOS and Android applications, with a 1:8–10 member-to-boat ratio that supports guaranteed availability and $1,000,000 per-occurrence insurance coverage included in membership.

The business model is direct-to-consumer, seasonal, and subscription-based, with revenue generated from annual membership fees, usage-based fuel charges, and add-on services. Prices are locked for the first two years of membership, and a referral program offers $100 fuel credits per successful referral. Operations run May through November, and gtm is concentrated in the New Jersey shore market. The company is privately held, employs approximately 9 people, and has no disclosed funding rounds, acquisitions, or institutional investors.

Name

Jet Drive Exchange

Legal name

Jet Drive Exchange

Website

https://jetdriveexchange.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Jet Drive Exchange is a New Jersey boat and ski club offering no-contract, season-based memberships that grant unlimited access to a fleet of jet skis and boats across six marina locations, serving individual adults and families seeking an alternative to watercraft ownership.

Ownership category

akta.pro rank

Product category

Boat Club Membership Services

NAICS

Scenic and Sightseeing Transportation, Water (48721)

SIC

Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Personal Watercraft (Jet Ski / Sea-Doo) Rentals (THADAHAJ)

akta.pro secondary industry

Marine Recreation Rentals & Tours Retail Counter (On-site Sales) (CRAMAIAM)

Keywords

• Boat club memberships
• Watercraft rental
• Jet ski sharing
• Recreational boating
• Boat sharing

Headquarters

HQ city

Ocean City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Membership Fees: Recurring seasonal membership fees providing unlimited usage of watercraft fleet across all package tiers (Solo Party, Ski Party, Boat Ride, Ride All). Package prices locked for first two years of membership.
2. Fuel Charges: Members pay for fuel used during reservations. All boats and skis are topped off for next member when returned. Credit card on file charged nightly for daily fuel usage.
3. Add-On Services: Additional fees for PLUS+ premium watercraft access, Double Time package (extended reservations), additional primary family members ($100/season), and shared memberships ($600/season).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Jet Drive Exchange operates a membership-based boat and ski club providing unlimited usage of a diverse watercraft fleet (boats and jet skis) across six New Jersey locations in Ocean City, Marmora, and Somers Point. Members purchase seasonal subscriptions with no contracts, no hidden fees, and no long-term commitments, accessing vessels through an online booking portal and mobile apps. The fleet includes Edgewater, NauticStar, Sea Fox, Starcraft pontoons, Yamaha VX jet skis, and Zodiac inflatables, with $1,000,000 insurance coverage per occurrence bundled into the membership.

Product overview

Jet Drive Exchange is a boat and ski club offering a flexible membership-based watercraft sharing service across six New Jersey locations (Ocean City, Marmora, Somers Point). The company operates on a no-contracts, no-hidden-fees, no-long-term-commitments model. The core product portfolio consists of four membership tiers (SOLO PARTY, SKI PARTY, BOAT RIDE, RIDE ALL) providing unlimited usage of jet skis and/or boats, plus two Time Block packages (20 HOURS and 52 HOURS). Add-on modules include PLUS+ Watercraft for premium boat access, Double Time for extended reservations, Additional Immediate Family Primary Member, and Shared Membership options. The fleet comprises 15 distinct watercraft models including Edgewater, NauticStar, Sea Fox, Starcraft pontoon, Yamaha personal watercraft, and Zodiac inflatable boats. Members access the service via an online booking portal or mobile apps (iOS/Android), with reservations of 4 hours default and insurance coverage up to $1,000,000 per occurrence.

Differentiator

Problem solved

Functional benefit

Products and services

• SOLO PARTY Membership Seasonal membership package providing unlimited access to one jet ski per reservation across the Jet Drive Exchange fleet of New Jersey marina locations. Includes up to 3 future reservations at a time.
• SKI PARTY Membership
• BOAT RIDE Membership
• RIDE ALL Membership
• 20 HOURS Time Block Package
• 52 HOURS Time Block Package

Quantifiable outcome

• Member-to-boat ratio of 1:8-10 ensures guaranteed reservations
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Pecks Beach Yachting ClubminorOthersLinked as a related yachting club resource on the Jet Drive Exchange website under the Learn More section. Represents a related nautical/enthusiast community rather than formal business partnership.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Carefree Boat Club: Multi-state boat club membership operator with unlimited-use fleet access on a recurring dues model. Highly comparable membership structure, fleet-sharing mechanics, and target customer (boat-ownership-averse households).
• Freedom Boat Club: Largest membership-based boat club franchise in the U.S. with 300+ locations, offering unlimited usage of a fleet of boats for monthly dues. Directly comparable business model to Jet Drive Exchange, but at vastly greater geographic scale and brand recognition.

Regional players

• Lake & Land Powersports: Powersports and watercraft dealer/rental operation with locations in New Jersey. Comparable because it offers jet ski and boat rentals to the same South Jersey customer base, though predominantly a dealer rather than membership club.

Broad incumbents

• MarineMax: Largest U.S. recreational boat dealer and franchisor with growing boat-club and rental operations. Represents the dealership-side incumbent whose ownership-alternative offerings overlap with Jet Drive Exchange's value proposition.
• Brunswick Corporation (Boat Group): Owner of major recreational boat brands (Sea Ray, Boston Whaler, etc.) and digital boating services (Freedom Boat Club's former parent). Sets competitive context on boat ownership alternatives and adjacent services to Jet Drive Exchange's offering.

Emerging players

• Boatset: Peer-to-peer boat rental marketplace connecting boat owners with renters. Adjacent business model enabling short-term watercraft access, competing for the same end customer that Jet Drive Exchange targets without the ownership-experience hassle.
• GetMyBoat: Largest P2P boat rental marketplace globally, offering hourly and daily charters of boats and jet skis. Competes for casual recreational boaters who might otherwise consider a boat-club membership, especially in coastal vacation markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/JetDriveExchange
• Instagraminstagram.com/jetdriveexchange
• LinkedInlinkedin.com/company/jet-drive-exchange

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jet Drive Exchange