Thinking about starting a jet ski rental business
 

I've been thinking about starting a jet ski rental this summer. The thing that would make me stand out would be providing the stand up jet skis as opposed to the sit down ones everyone uses now. Startup costs wouldn't be that much because the skis aren't that expensive and i could run it out of a trailer.

Questions:

If you were at a lake and saw them for rent, what is the chance you would rent one?

How much would you expect to pay an hour?

Re: Thinking about starting a jet ski rental business
 

i'd expect to pay through the teeth for insurance. :-\

Re: Thinking about starting a jet ski rental business
 

probably. I'd incorporate too so I wouldn't be personally liable

Re: Thinking about starting a jet ski rental business
 

I'd say something like $50 for an hour would be reasonable. When I went out to lake tahoe for a wedding, they charged $100/hr i believe, but then again, thats tahoe.

Re: Thinking about starting a jet ski rental business
 

^^

beat me to it

Re: Thinking about starting a jet ski rental business
 

Ya, I was thinking about that for price. I'd be going for volume of rentals as opposed to a couple people at a high price. The sit downs go for about 100 an hour but I think with a lower price I could get a younger crowd as well.

Re: Thinking about starting a jet ski rental business
 

just do what they do when i rented a boat. charge 2 dollars a minute for every minute its not back on time. out on the lake its hard to keep track of time cause your having fun. also time goes by really fast so no one will plan out for a 5 hour rental they will try and do 4 and be 30 minutes late. and then bam you just made an extra $60

be careful aiming for the younger crowd, your ---- is going to get abused as apposed to the ski that got rented to the 30 year dude and his wife. I know i never gave a ---- about rental property

Re: Thinking about starting a jet ski rental business
 

I'm ------ sly and quick, like a mexican ninja

Re: Thinking about starting a jet ski rental business
 

if i was you i'd go to a place that has been in business for a while and ask them for a copy of their rental agreement.
then copy the fucker.
oh but to answer your question
i wouldn't rent one cause i'm not a fag.
you know how i know you are gay? you rented a jet ski at the lake, faggot

Re: Thinking about starting a jet ski rental business
 

good call on the younger crowd not giving a ----. I didn't think about that. And I will definitely use the $2 a minute idea, that sounds like it would work great.

Re: Thinking about starting a jet ski rental business
 

that $2 a minute idea sounds like a bad idea to me. yeah it's a great way to make extra money, but after i rent your ski for 4 hours and pay $200 then i go over 15 mins and it cost me $30 more i'm not gonna rent from you again, even though i signed saying i'd pay the extra ----.

my friends and i go wakeboarding a few times a year and we always rent from the same guy cause he gives us all the time we want instead of the normal 6 hour day. we pay the same amount as everyone else does for 6 hours and we get it for 8-10 hours.

i don't know what lake you are gonna be renting on, but repeat business is a great way to make money. this guy knows we are gonna rent the boat 3-4 times every summer and 1-2 times in the winter.

i say if you are gonna charge by the hour, then prorate the hours with a minimum of 2 hours.

oh and make sure it's in the contract saying if they break the ski then they have to pay for the time that it's under repair also.
if we break this guys boat and he has it rented out for the next 5 days, we gotta pay for the days he can't rent it.
i think that's a great thing.

Re: Thinking about starting a jet ski rental business
 

its too seansonal

Re: Thinking about starting a jet ski rental business
 

I'm not looking to make a living off of it. This would be just a summer business.

Re: Thinking about starting a jet ski rental business
 

Personally, I'd try a couple stand ups with a couple sit downs and see where the useage is. Lots of people enjoy hopping on a sea doo that doesn't take skill lol.

Re: Thinking about starting a jet ski rental business
 

Well I have started 5 business's to this point. I have lost some, money made some money, most of all I have learned a ton. As long as you are well insured, and can limit your liability, I would go for it. If nothing else you will learn a lot about business.

Re: Thinking about starting a jet ski rental business
 

you want an llc not a corp