When Franck, our founder and CEO, purchased his first holiday home in the South of France, he encountered several challenges that ultimately led to the inception of his venture, SLICIT and its sister company The Fortune Hive.
First, he had to deal with all the financial and logistical complexities that come with the acquisition of a second home.
In addition, despite being a rather successful entrepreneur, the expense and upkeep of a second luxury property outright came at a significant financial cost, leading him to rent out the property during absences. Although it alleviated some financial strain, the difficulties of being a landlord and renting his house, in turn opened his eyes to the complexities of property management
The second challenge came from his aspiration to own a yacht. His passion for sailing, fostered since youth, was hampered by the substantial investment required for a large yacht, especially given limited annual use. This issue paralleled the difficulties he faced with his second home and he realised that this struggle was not unique to him.
Surely, there should be a better way to own and enjoy luxury assets, free from all traditional burdens.
Franck envisioned a platform to simplify and democratize the ownership of luxury assets like vacation homes, yachts, along with any other typically sought-after and high-ticket items, such as rare diamonds, vintage cars or exceptional watches.
