About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Canoe and Kayak Rentals
Startup Costs: $10,000 - $50,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Paddle your passions into a canoe and kayak rental business.
Business Overview
Starting a canoe and kayak rental business will not leave you up the financial river without a paddle, as this is one of the best low-investment rental businesses that can be started. A canoe and kayak rental business can be established in a few different operating formats. With the first, you can supply canoes or kayaks to marinas and waterfront hotels and split the rental revenues that are generated. The second option is you can operate a canoe and kayak rental business from your own rented waterfront location. Or, the third option, you can run the business from home, advertising through print media to attract customers who can simply pick up the rental item from you, or you can deliver the rental equipment to the customer. The second and third options will generate the most income for the business, as well as give you the most control over the business and rental equipment.
The Market
Your customers will be adventure lovers and nature enthusiast.
Related Articles
Hotter Than Hot
Entrepreneur and PricewaterhouseCoopers' 12th annual Hot 100 companies are leading the pack in fast growth, big sales and smart business.