Lake Wallenpaupack, PA – June 15, 2025 – iBoat More, a fast-emerging name in the marine rental space and a division of Raegan Enterprises, has announced an ambitious nationwide growth strategy aimed at expanding affordable access to the water through a flexible, license-based business model.
Under the leadership of CEO Ed Kearns, iBoat More is setting out to establish a network of independently operated rental locations, empowering entrepreneurs to own and operate their own marine rental business under the iBoat More brand. With an initial focus on high-traffic lakes and coastal communities, the company is actively targeting expansion throughout the Mid-Atlantic, New England, and Southern regions by the end of 2025.
“Our mission is simple—get more people on the water without the headaches of traditional boat ownership, while giving licensees a proven way to generate recurring revenue,” said Kearns. “This isn’t just about boat rentals. It’s about building a lifestyle business with sustainable income and strong community value.”
Key Growth Highlights:
-
Territorial Licensing: iBoat More is offering exclusive licenses by region, allowing operators to run localized rental hubs with the backing of a national brand.
-
Scalable Model: Licensees earn income through both monthly memberships and one-time bookings, with support for growing fleets and multi-location operations.
-
Tech Integration: Through partnerships with leading platforms like BoatSetter and GetMyBoat, operators benefit from built-in marketing exposure and streamlined customer booking.
-
Support & Training: iBoat More provides hands-on training, business setup guidance, branding assets, and operational playbooks to help each licensee launch smoothly and grow confidently.
-
Early Success: Sunshine Ventures of New York has signed the first two license agreements for operations in Southern New Jersey, with additional markets currently in negotiation.
The company aims to sign 20+ new license agreements by Q1 of 2026, with long-term goals to have a presence in every U.S. state by 2030.
About iBoat More
iBoat More is a recreational marine rental brand under Raegan Enterprises. Built on the belief that water should be accessible and enjoyable for everyone, iBoat More combines flexible boat rental options with a business model that helps everyday entrepreneurs succeed in the growing $20.8 billion marine recreation industry.
For more information about licensing opportunities or to request a territory, visit sales@raeganenterprises.com