Business Idea

Start A Houseboat Rentals Business

About

Starting a houseboat rentals business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell houseboat rentals, or selling houseboat rentals online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$19.7B
starting costs
$22.9K
gross margin
43%
time to build
9 months

About

Starting a houseboat rentals business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell houseboat rentals, or selling houseboat rentals online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$19.7B
starting costs
$22.9K

 

gross margin
43%
time to build
9 months

Startup Costs

Min Startup Costs Max Startup Costs
Equipment & Supply Expenses $566 $6,200
Retail Business Expenses $1,250 $11,650
Inventory Expenses $350 $14,750
Advertising & Marketing Costs $75 $9,636
Software Expenses $0 $425
Website Costs $13 $215
Other Expenses $0 $300
Total Startup Costs $2,254 $43,176

Successful Businesses

Business URL Rank
GoBoat goboat.com.au #824,832
All About Houseboats all-about-houseboats.com #989,442
Houseboats voyagaire.com #1,066,221
Dock Skipper dockskipper.com #1,628,977
Twin Anchors Houseboat Vacations twinanchors.com #2,070,084
Skylite Boat Rentals at Lake Powell skyliteboatrentals.com #3,634,914
Houseboat Accommodation in Kraalbaai, Langebaan, West Coast kraalbaailuxuryhouseboats.com #4,136,585
Lake Havasu Houseboats lakehavasuhouseboating.com #4,166,679
BOOK A HOUSEBOAT bookahouseboat.com #4,233,032
Boat Rentals and Jet Ski Rentals on the Beach londonbridgewatercraft.com #4,242,699
Safe Harbor Rentals safeharborrentals.com #4,318,407

Pros & Cons

Pros Description
Rewarding work Starting a houseboat rentals business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Meaningful business connections You never know who you will meet as a houseboat rentals business. This could be the start of an incredible business opportunity!
Daily physical activity Houseboat Rentals Business's typically involve a much greater degree of movement than other lines of work. Most days, you will spend your day walking, running errands for your business, and performing a multitude of tasks. This can have a positive impact on energy levels and your overall health.
Amazing perks and discounts Working in the houseboat rentals business comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.
You are your own boss! With starting a houseboat rentals business, you are the one to make decisions for almost all of the operations. Calling the shots can be empowering and liberating!
Local Community One of the best parts of starting a houseboat rentals business is that you can develop a local following by selling your products at craft shows, farmers' markets, or even local storefront businesses! This gives you access to additional revenue streams and loyal customers.
Cons Description
Crowded Space Competition is high when it comes to your houseboat rentals business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Finding The Right Supplier Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.
Low margins The gross margins for your houseboat rentals business are typically around 43%, which can make it more challenging to incur new expenses and maintain profitability.
High employee turnover In the houseboat rentals business, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.
Taxes As a houseboat rentals business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.