If your happy place is the open water, a boating business holds financial promise and job satisfaction. Creative Colors International can help you explore boat business ideas and find the perfect fit for your future.
Hitting the lake on the weekend to enjoy the sun or motoring out in the early morning hours to fish is a great way to unwind and de-stress. It’s a hobby enjoyed by many Americans. According to the National Marine Manufacturers Association, more than 12 million boats are registered in the U.S., and 95% are smaller than 26 feet. Businesses catering to boaters are in high demand. The annual economic impact of the U.S. recreational boating industry is $230 billion.
Here are five boat business ideas to help you navigate the waters of entrepreneurship:
- Fishing charter: If you are familiar with the water and enjoy fishing, a fishing charter could be an option, particularly if you live near the ocean. Customers pay top dollar to spend a day fishing for tuna, marlin, and snapper. The number of U.S. anglers is larger than the population of California, and the average sport fisherman spends $1,037 annually on this pastime. You’ll get to share one of your favorite activities with people, but it will require special licenses and permits. And a bad weather day will keep your boat docked.
- Boat rental business: Owning a boat isn’t an option for everyone, making a boat rental business a viable opportunity, especially if you live in a vacation destination. There’s a high potential for profit during peak season but purchasing your fleet will require a hefty upfront investment. Keeping your boats in prime condition will also be costly.
- Boat cleaning: Many people enjoy taking their boat out for a spin and prefer to outsource the maintenance and upkeep. A boat cleaning business can provide recurring revenue, but it can be back-breaking labor, and finding employees with the knowledge to get the job done is challenging.
- Boat storage: In areas with seasonal weather patterns, boat storage is a consistent need. You can generate a steady stream of revenue by charging monthly or seasonal fees and once the boats are stored, the business doesn’t require daily management. Finding the right location can be challenging and require a large investment. You’ll also need to obtain the right insurance to ensure you’re covered for theft or damage.
- Boat restoration: Boats require a lot of upkeep. Even though they’re equipped with marine-grade vinyl, prolonged exposure to ultraviolet rays and water can damage boat interiors over time. Boat restoration can give a watercraft new life and help increase its value. A boat restoration business requires craftsmanship with utility. A CCI franchise can provide the training and techniques you need to run a lucrative, mobile boat restoration business. From marinas to boat dealers to boat owners, we have the capabilities to get the job done right.
Why Choose CCI?
CCI is the franchise leader in leather and vinyl restoration, and we provide multiple revenue streams to help our owners build successful businesses in their communities. Our technicians fix rips, tears, cuts, burns, fading, and seam slippage in boats, cars, airplanes, furniture, and flooring. We offer motivated entrepreneurs the opportunity to own a proven business with unlimited growth potential and a built-in customer base. We have national accounts.
Our franchise owners receive four weeks of in-depth training to ensure you’re ready to serve customers, as well as ongoing guidance to keep your business running successfully. Training includes two weeks of classroom and hands-on training covering technical, operations, sales, and managerial skills, plus one additional week of training to cover the administrative end of running the franchise. We also provide one week of field training to help you get started.
Your initial investment of $101,380 to $121,911 includes an equipment package for operator convenience. Each van is equipped with all the tools needed, including a compressor, generator, hoses, heat guns, dyes, graining molds, and a full line of supplies. We partner with Guidant Financial to assist with financing your venture and are a member of VetFran.
Learn More About CCI Today!
Request franchise information to learn more about partnering with CCI to launch a restoration franchise in your area.
