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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

Parasailing

The waves of clients that pour in will take this business smooth sailing.

Entrepreneur

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Business At A Glance

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

Business Overview

Parasailing is a blast and the only thing I can think of that would be more fun than parasailing is owning a parasailing business. Be forewarned, this is not a cheap business venture to set in motion, as professional parasailing equipment is very expensive and used parasailing boats can cost as much as $50,000 alone.

However, with that being said, securing the right high-traffic beach to work from, the investment to start the business will seem small compared to the profits that can be earned by a parasailing business. Parasailing rates vary from location to location and also on the amount of time the person is in the air, but typically parasailing rates are in the range of $30 for ten minutes. In one day a parasailing business can generate sales of $1,000 or more (tandem riders), which is excellent for a business that only requires two people to operate it.

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Recreation

Laser Tag

Looking for a business that gives you a rush? Consider opening an indoor laser tag center and play your way to profits.

Entrepreneur

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Business At A Glance

Laser Tag
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Indoor laser tag is quickly becoming as popular as paint ball games, and starting a laser tag recreation center may just put you on the path to financial independence. Though this is a very costly business to start and operate (well into the six-figure range0, the profit potential is outstanding.

Revenues are earned by drop-in customers that want to play, as well as by selling monthly memberships to the center. You can also market laser tag games to corporate clients, schools, and clubs, and create special packages that include laser tag games, food, and beverages for corporate and social functions like birthday parties.

Additionally, many operators of laser tag centers also create team leagues and monthly tournaments and give away prizes to the winners. Of course you will also want to have a concession counter on site and sell related products, such as promotional clothing and equipment to bolster sales. The initial objective when you first open is to get as many people as possible to come out and try the game, as a great number of these people will return as regular customers. To accomplish this, give away two-for-one play coupons, and create joint promotions with other businesses in the community.

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Recreation

River Rafting

This new business idea may be waiting just around the river bend.

Entrepreneur

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Business At A Glance

River Rafting
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

White-water river rafting is a low-cost, mini adventure trip that almost anyone can participate in. White-water rafting excursions can be advertised to the general public as well as schools, corporations, and clubs to gain customers.

There is no marketing magic here. This is a good business and a fun adventure that does not require a lot of arm twisting to get people excited about paying you to go rafting. With that being said, you will still want to separate yourself from any competition and seek your niche in the marketplace.

Needed Equipment

You and your employees that will be operating either the paddle-style rafts or motorized-style rafts will be required to get a license, which is commonly referred to as a river guide certificate.

Likewise, all employees will need certification in first aid and river rescue techniques. You will also be required to carry a substantial amount of liability insurance. All of these certification courses are widely offered by outdoor instruction and certification companies.
Additional information about these companies can usually be obtained from local police and fire departments. In terms of equipment, there are generally two types of river rafts used in this business venture. The first is a motorized inflatable raft, and the second is, an inflatable paddle raft. All boats and passengers have to be equipped with safety gear such as life vests and helmets.

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