How much would it cost to set up a sea scooter rental business?
If you planning on starting a sea scooter rental business then you have made the right decision because, there is a huge demand for sea scooters for rent. Divers and snorkelers use sea scooters to conveniently dive and snorkel their way to new places. One of the questions which people that are interested in setting up a sea scooter rental business have is the cost that is involved in doing so. This post will help you understand all of the costs that are involved in setting up a sea scooter rental business.
Business Space
One of the first things which you need to think about is the business space that you would need for starting your sea scooter rental business. The business would need to be near the beach so that people can easily rent a sea scooter. If you live on the West Coast then you can easily expect at least $2,000 for a business space for rent. Unless you already own a space near the beach or are planning on working for your home or garage, you would need to pay for business space.
Staff
The cost of staff completely depends on you. One can even set up the business without any staff in the beginning and hire staff later onwards as the business grow. Hiring even a single staff worker full-time could easily cost you $2000 to $3000 depending on the minimum wage of the state that you set up the business. Sea scooter rental businesses are a great business idea in California.
Sea Scooter
A main cost which you would have to pay for is sea scooters. It is your main item which would attract the customers. A sea scooter could cost you from anywhere between $300 to $1,000 depending on the model and company that you pick. You would most definitely need at least 15 to 20 sea scooters in the initial phase which means it could easily cost you at least $5,000 to get sea scooters for your rental business.
Other Expenses
There are other expenses as well which are involved in setting up a sea scooter rental business. These expenses include cost for renovation of the business space, furniture, electricity and water bills. You would need to factor in if there are any changes that you would like to be made to the space. It could easily cost you from $2,000 to $5,000 to pay off the other expenses.
Conclusion
Although, it can be a bit costly to set up a sea scooter rental business, it is still a lot less as compared to other business ideas. Since, sea scooters are in great demand, you should consider giving the venture a try as you could easily make it big. The total cost of setting up the business could cost you at least $10,000 but it is still not a lot. There aren’t many businesses which offer sea scooters for rental which is why it could be perfect for you.
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