PORTSMOUTH, R.I. \u2014\u00a0SailTime Group LLC, a boat membership franchise, recently announced the sale of its Rhode Island franchise to Bluenose Yacht Sales, a Jeanneau yacht dealer headquartered in Newport. The new base for their offices and marina will be located at 39 Alexander Road, adjacent to New England Boatworks.\r\n\u201cBluenose Yacht Sales is one of the most respected names in sailing and power yachting in New England,\u201d SailTime CEO Todd Hess said. \u201cWe are incredibly fortunate to have such a powerful brand in this region partnered with us.\u201d\r\nBluenose Yacht Sales represents Beneteau Group's Jeanneau and CNB Bordeaux 60, 66 and new CNB 76 \u00a0S&S 30, Saffier Yachts, HH Catamarans, and more.\r\nOpened in 2005, Bluenose Yacht Sales' offices are located in Newport; Portsmouth; Boston; Noank, Conn.; Annapolis; and \u00a0Rockport, Maine.\r\n\u201cSailTime is a terrific match for Bluenose Yacht Sales and our mission of introducing New Englanders to the finest sailing yachts from Jeanneau,\u201d Bluenose Yacht Sales Managing Partner Glenn Walters said, \u201cOur team has a real passion for boating, and our SailTime partnership helps to share that passion with a new generation of boaters. In this era of the sharing economy, the SailTime model and platform is a perfect fit\u201d\r\nNow celebrating its 17th anniversary, SailTime has more than 30 franchise-owned bases in North America and five bases in Australia. SailTime client-members share the use of a professionally managed boat through the use of a unique and proprietary online scheduling system. A monthly membership covers the slip fees, maintenance, insurance, and operating costs.\u00a0SailTime also has a significant network of sailing schools, via bases that are certified American Sailing Association (ASA) and Royal Yachting Association (RYA) affiliates.\r\nFor more information, please visit www.sailtime.com.