Do you want to start a jet ski rental business franchise but lack ideas? If YES, here are 4 best jet ski rental franchise opportunities you can buy in USA for 2019.
Jet skis have become an ubiquitous feature of the American beach scene, and a lot of people are taking to the sport owing to its adventurous nature. Besides being adventurous, starting a jet skis rental business can get you on the path to a secure financial future as long as you separate yourself from the competition.
Although Jet Ski rental can be a great business opportunity for certain types of entrepreneurs, the financial requirements for launching a Jet Ski rental business can spell disaster for other entrepreneurs, especially those who have unrealistic profit expectations. One thing to note is that the Jet Ski comes with a high price. Generally, the price varies from the $4000 to $15000 depending on the model and brand.
From the outset, you’ll need a minimum fleet of five or six jet skis to have a shot at a profitable business venture. You’ll also need a beachfront rental location costing thousands of dollars per season and the number of jet skis you can rent will be limited by the amount of frontage you lease.
Apart from these, you also have to take care of licenses, permits, insurance and other aspects of the law. Because of all these financial involvements, you cannot afford to risk failure in your jetski rental business. Your chances for avoiding failure in business greatly improves when you buy a franchise, as you can benefit from the prior work of others and their lessons learned.
If you are resident in the United States and you want to start a Jet Ski rental business, here are a few franchise opportunities in the industry that you can look into.
4 Best Jet Ski Rental Franchises to Buy for 2019
- JETSKI Safari
JETSKI Safari is a jet ski rental business that provides exhilarating recreational Sea Sports adventures to Resorts & Hotel guests around the region. With over 12 years of operating experience under their belt, they are considered by all who have engaged with them to be the cream of the crop when it comes to invigorating sea adventures.
JETSKI Safari prides themselves on being able to offer the most satisfying, well-rounded experience on the water, and they always aim to bring a unique experience to their customers.
Most Jet Ski rentals exist as an operator owner set up with no corporate backup and knowledge, JETSKI Safari offers instant trouble shooting and product backups. Whether it is a HR issue or a mechanical issue, their corporate office is more than happy to help solve the issues.
- Franchise cost
JETSKI Safari waives Franchise Fees or Royalty for their first 100 franchisees.
JETSKI Safari offers the following support: A large well stocked spare parts inventory, 24 hours support, No down time for your rental jetskis therefore you can make more money, 3 SKI types for 3 different operations, cheaper spare parts and lower operation costs all make it a successful business model.
2. Trax Powersports Rentals
They say the two greatest days in the life of a boat owner are the day he buys the boat and the day he sells the boat. Everything in between is a headache. But this is not the case when renting a boat or personal watercraft/jet-ski from TRAX PowerSports Rentals. They give you access to new model machines that are well maintained and ready for your enjoyment.
Renting from TRAX PowerSports Rentals® allows you to enjoy all of the fun that watersports has to offer without the concerns that typically come with ownership. TRAX PowerSports Rentals® provides you with everything you need to enjoy your time on the water including: Boats Rentals, Personal Watercraft/Jet-Ski Rentals, jetskis, wakeboards, surfboards, tubes, and all the accessories.
TRAX Powersports Rentals is dedicated to helping you fulfill your vision to own your business. Owning a TRAX PowerSports Rentals® Franchise will provide you the freedom you’ve always desired, and allows you to combine your hobbies and career into one adventure.
They provide you with access to systems, policies, and procedures that promote efficiency and profitability, ongoing training, support and development, and brand promotion and development that is unrivaled in the powersports rental market.
- Franchise Fee – $39,000
- Franchise Royalty – 6% on Gross Monthly Rentals
- National Ad Fund – 2% of Gross Monthly Rentals
3. Invert Sports
Invert Sports has been providing high-quality recreational equipment rentals and guided tours for over 18 years with superior service to its customers and organizations of all sizes. The combination of quality equipment including; boats, jet skis, ATV, snowmobiles, water sport instruction, private recreational tours of all types with customer service excellence is the reason Invert Sports rental and charter has remained a leader in the industry.
Their goal at Invert Sports is to provide customers with the highest level of rental equipment and tour services; which creates the best equipment provider in the industry. Their operation which covers over 3000 lakes in the United States offers all types of rental and charter services for all types of recreational fun for the entire family, friends, or business adventures.
They are offering franchise, and they assist their franchisees in evaluating the location opportunities that they have selected in their territory, utilizing their extensive fleet knowledge, they will help you determine the best fleet mix and size for your territory; the established value of the Invert Sports brand; a protected territory of potential locations; customized training for you and your staff at our corporate office; fleet purchasing discounts; dedicated operations support personnel; and Marketing collateral and support.
- Liquid Assets to purchase equipment: $120,000 – $300,000
- Investment Cost for Consultation or Contract Territory Fee: $35,000
- Ongoing Contract Fee: 8% of gross revenue
4. Nautical Boat Clubs
Launched more than two decades ago, Nautical Boat Clubs was one of the pioneers of the boat-club business. They give their members the fun and adventure of the boating lifestyle without the expense and hassle of boat ownership.
For about one-third the cost of purchasing a single boat, their members get unlimited use of a wide variety of boats – from ski boats to sailboats, pontoons to fishing boats – and the convenience of valet boating service. When their members come to the club, their reserved top-notch boat is clean, gassed and loaded up with their requested water toys; they simply hop in, turn the key and go.
When they’re done for the day, they just return to the club, dock the boat and head home. Monthly dues cover unlimited boat use, complimentary use of a variety of water toys, and reciprocal boating privileges at their other Boating Country Clubs around the country.
- Initial one-time franchise fee of $35,000
- Overall startup ranges from $301,900 to $545,500
- Liquid capital startup requirements are $150,000-$200,000
- Monthly royalties are 5% of gross sales.
- The initial term is for ten years, with the opportunity for renewal through two additional five-year terms.