Raegan Enterprises Announces First License Agreement for iBoatMore with Sunshine Ventures of New York
Lake Ariel, PA – June 15, 2025 — Raegan Enterprises, parent company of the fast-growing recreational brands RiverRack and iBoatMore, is proud to announce the signing of its first official license agreement. Sunshine Ventures of New York has secured rights to operate two iBoatMore locations in Southern New Jersey, marking a major milestone in the brand’s early growth.
This agreement signals strong market interest in the iBoatMore model, which provides turnkey access to boat rental operations without the high cost or complexity of traditional ownership. Through iBoatMore, licensees can tap into the booming recreational boating industry while Raegan Enterprises provides branding, support, booking infrastructure, and access to platforms like BoatSetter and GetMyBoat.
“We’re thrilled to welcome Sunshine Ventures as our first license partner,” said Ed Kearns, Founder & CEO of Raegan Enterprises. “Their commitment to bringing iBoatMore to Southern New Jersey is a strong validation of our model and our mission—to make boating more accessible, profitable, and enjoyable for everyone.”
The Southern New Jersey locations are expected to launch in time for the peak summer season, offering vacationers and local residents a simple, stress-free way to get out on the water.
With recreational boating in the U.S. generating over $20.8 billion annually, Raegan Enterprises continues to build momentum by empowering entrepreneurs with scalable, revenue-generating opportunities in a high-demand market.
For licensing inquiries, partnership opportunities, or to learn more about Raegan Enterprises and iBoatMore, please contact:
Kathy McAndrew
Press Department
Market Genius USA
press@raeganenterprises.com
www.raeganenterprises.com