How To Start A Paddleboard Rentals Business In 2020

Paddleboarding is also termed as the stand-up paddleboarding (SUP) providing an exciting, fun way to play on the water surface with a full-body workout. While standing at full height on the board, you can get a unique view from which you can see beneath the surface of water. Stand up paddleboarding is getting more popular than ever before and is expecting to continue its growth in the next couple of years. People are showing great interest in starting a paddleboard rental business to create a happy, healthy and successful life. Take a review of the standup paddleboarding sales over the last few years, and you will get know that it is getting famous tremendously.

The Google Trend Chart shows an incredible rise of people searching for “stand up paddleboarding” from 2004-2016 and these charts never lie. If you are still not looking to start paddle board rentals business, then you should keep reading it further. Before starting any business, you have to create the business model first. There are two types of business models you can choose from:

·         Mobile

·         Retail

Mobile

The mobile business is the cheapest and easier to start because it does not require any overhead with renting a retail store. It allows you to run your paddleboard rentals business from your own home. You need a range of paddleboards with a vehicle for transportation. The customers will call you and you have to meet them with paddleboards near water.

Retail

The retail business involves a space which you have either rented or purchased to run a business. You are supposed to get a permission letter from the local government to start your business. The location of your business should be near water (river, lake, or ocean) and close enough for the renters as well. For the retail business, you also need a collection of paddleboards.

Main Equipment

After figuring out the business model according to your goals and budget, you have to buy a range of standup paddleboards. You should have a fine collection of electric paddleboards so the customers can have many options to choose from. The paddleboard rentals who try to approach your business, will not only be beginners but the experienced paddlers.  These are some basic equipment you need to have before starting the standup paddleboarding rentals business.

Ø  Rental Paddleboards

Ø  PFD’s

Ø  Leashes

Ø  Inflatable Paddles

Ø  Life jackets

Ø  Epoxy Paddleboards

Ø  Soft top paddleboards

After collecting this equipment, you need to market your rental business for business awareness. You need to design a proper plan how you are going to attract the customers by targeting the right audience. By putting strong efforts in the market, you need to prove that your rental business is the best in town. You should establish an online presence of your business to gain the trust of potential customers.