Boat Rentals
Startup Costs: $10,000 - $50,000
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No
Renting small, motorized, runabout boats to fishermen can be a very lucrative rental business venture to establish in your area. Fishermen travel far and wide in search of the perfect fishing hole. The business can be water-based and operated from a marina or rented dock facility. Or, the business can be land-based and the boats can be rented with a trailer. To get started, design colorful brochures and distribute them to hotels, motels and tourist attractions. The brochures should contain information about your boat rentals including rates and the size of boat and motor. The hotels and motels can act as booking agents for the business while providing a great service for their guests. Consider a rental revenue split of perhaps 20 percent for the booking agent and 80 percent for you. This should be more than an adequate financial incentive for any motel proprietor to happily get on board with the program.
The Market
In addition to fishermen, you may find customers looking to rent a boat to spend some relaxing time on the water.
Boat Rentals Ideas
Auto Performance Center
If you like the idea of bling, consider a store that sells flashy auto products.
PediCab Service
Help tourists and locals get around in a fun fashion.
Valet Parking Service
Here's a classy way to park your new business in place.
More from Business Ideas
8 Unique Side Hustle Ideas to Earn Extra Cash This Year
Discover eight side hustle ideas that align with your lifestyle and future vision, offering profitable opportunities in ecommerce, website flipping, AI services and more.
Free Webinar | July 18: How to Design, Manufacture and Sell Your Product Idea
Join us for our webinar with Jordan Nathan, founder of the kitchenware brand Caraway. Jordan will share the strategies he used to develop, manufacture and sell his products that grew Caraway's annual revenue by over 500% in just 4 years. Register now!
He Started an 'Accidental' Business at 25 With Just $2,000 — Then Gave His Product to the Pope: 'Anyone Can Be an Entrepreneur'
Michael Aram, founder of the namesake luxury home and jewelry brand, learned the art of metalworking in India — and used it to launch a global brand.