Business At A Glance
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 verylucrative rental business venture to establish in your area. Fishermentravel far and wide in search of the perfect fishing hole. The businesscan 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 atrailer. To get started, design colorful brochures and distribute themto hotels, motels and tourist attractions. The brochures should containinformation about your boat rentals including rates and the size ofboat and motor.
The hotels and motels can act as booking agents for thebusiness while providing a great service for their guests. Consider arental revenue split of perhaps 20 percent for the booking agent and 80percent for you. This should be more than an adequate financialincentive for any motel proprietor to happily get on board with theprogram.
In addition to fishermen, you may find customers looking to rent a boat to spend some relaxing time on the water.