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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

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

Pedal Boat Rentals

Pedal your way to success with this company.

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Business At A Glance

Pedal Boat Rentals
Startup Costs: $2,000 – $10,000
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

A fleet of ten pedal boats can generate as much as $30,000 in rental revenue in a single three-month season. Considering the business can be operated by one person and is relatively inexpensive to launch, that is an excellent return on investment. To establish a pedal boat rental business you will need a waterfront location to operate from.

The location can be independent or in partnership with an existing business such as a marina. The business can be supported by walk-in traffic as well as two-for-one coupons that can be issued for use on slower mid-week periods. Extra income can be acquired by adding a small catering cart that sells soft drinks and popcorn. This business venture may not make you wealthy, but it can generate a good income and definitely will be a relaxing work environment.

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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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