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Recreation

Bungee Jumping

Need a rush with your business? Consider jumping into the extreme sports industry.

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Business At A Glance

Bungee Jumping
Startup Costs: $10,000 – $50,000
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No

Business Overview

Bungee jumping is becoming very popular with those who seek adventure. The biggest downside to starting this business is the very high investment to get the business going, and the very high cost of liability insurance to keep it operating.

You’ll easily require an initial investment of $50,000 to start this business. However, at $75 to $150 per jump, you can very quickly recoup your investment plus sizeable profits. And a marketing tip for the adventurous business owener: For some very strange reason, nude bungee jumping is the latest craze. You could charge a $25 premium per jump for anyone who wished to take the leap of faith, the natural way.

The Market

Anyone seeking a thrill.

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Recreation

Rowboat Rentals

Row, row, row your biz gently down the cash flow stream.

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Business At A Glance

Rowboat Rentals
Startup Costs: $2,000 – $10,000
Online Operation? No

Business Overview

Here is a great little business that can be started for peanuts and operated on weekends and holidays on a part-time basis. Secondhand good quality rowboats can be purchased for as little as $500 each, yet the same rowboats can be rented for as much as $10 per hour to fishermen and sightseers.

With that kind of return on investment, it will not take long to get back your initial start-up costs and reap a healthy profit. Obviously the business has one main requirement in order to be operated: water. If the business is established within close proximity to a river or lake, the boats can be rented from a marina location, beach, or even right from a riverbank. A rowboat rental business also requires that you carry liability insurance and the boats are outfitted with safety equipment such as life vests, paddles, and a whistle.

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Recreation

Skateboard Park

With skateboarding and in-line skating being two of America’s favorite pastimes, a skatepark can roll up some good profits.

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Business At A Glance

Skateboard Park
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Skateboarding and in-line skating are two of the most popular sports and recreational pastimes in North America, enjoyed by millions of participants every day. There has never been a better time than now to capitalize on the demand for anything skateboard or in-line skating related.

Perhaps one of the best ways to capitalize on this demand is to start a skateboard and in-line skating park. The park can be indoor or outdoor, depending on geographical location. Furthermore, the park can feature areas with obstacles for beginners to advanced skill levels.

Additional income can be earned by providing equipment rentals as well as instruction courses for skateboarding and in-line skating. Without question this is an expensive and difficult business to establish in terms of planning, research, and financing. However, the potential profits that can be earned justify the effort.

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Recreation

Cigar Sales

This hot business is so specialized, it’ll have you smokin’ out profits in no time.

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Business At A Glance

Cigar Sales
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Online Operation? Yes

Business Overview

Across the United States millions of dollars’ worth of cigars are sold monthly, some for $250 or more each–making this a very lucrative market. Once you’ve secured a wholesale source for purchasing cigars, here are a few ways to retail them for a profit:
  • Establish a small kiosk in a mall or market location for selling cigars.
  • Employ direct sales teams remunerated by way of commission based on their sales.
  • Initiate a direct-mail and email campaign aimed at corporations to purchase the cigars to give to valued clients and business associates as gifts.
  • Purchase vending machines and stock these machines with cigars for sale. The machine will have to be a ‘minihumidor’ and can be located in high-traffic gathering places such as restaurants and pubs.

The Market

Cigar coinsurers and novice smokers alike

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