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Boat Rentals

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.

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Business At A Glance

Boat Rentals

Startup Costs: $10,000 - $50,000
Part Time: Can be operated part-time.

About

Franchises Available? Yes
Online Operation? No

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If you own a boat that sits on land more than water, consider renting it out for others to enjoy.

Business Overview

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.