Jet Ski Rental Business

Starting a jet ski rental business entails only three things: location, equipment, and know-how. You might know that "know-how" includes everything from knowledge, operation, marketing, sells, and more. You might find this article on how to start a jet ski rental business a great help.

Although it may seem uncomplicated, putting up the jet ski business is difficult. First, not many places can benefit from a jet ski rental business.

jet ski rental business

Unless you can find a proper location for your proposed enterprise, the basis for putting up this jet ski rental service business is moot. Sure, you can put up a jet ski rental business anywhere, but would you have patrons coming out of the woodwork for you? Not likely.

The key to finding an excellent location for the ski business is finding a place where water sports are in demand. Not all open bodies of water are jet ski locales; there are protected waterways or shallow waters with a network of corals or marine life habitats that are dangerous to run the jet boats in and against federal and environmental laws.

It might be wise to check your local geography first and update yourself with local, regional, and environmental laws before plunging headfirst into jet ski rental services. If your chosen "spot" has its share of water sports machinery for rent, it is still advisable to check laws and regulations. You wouldn't want the rug pulled from under you because you neglected to research your "spot" first. After all, setting up a jet ski rental business is rather pricey.

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And that leads us to why a startup jet ski rental business is expensive. Startup kits for jet skis are costly and so in repair, maintenance, and fuel. It would help if you had at least a couple of these Yamaha jets working simultaneously to have a respectable income. Getting brand new jet skis is also advisable because second-hand (or even third-hand used jets) machines may save you a couple of hundred dollars on the initial sale but will drain your accounts from jet ski maintenance and tune-ups.

How much does a Jet Ski Cost?

Brand-new jet skis range from about $4,000 to $30,000, depending on the make and model of the machine and local jet ski dealers. Plus, jet engines need regular tune-ups as well. If the expenses end there, you may consider getting insurance for your jet ski machines and customers. Think of it as a car rental sort of transaction, only that your jet ski boats run in water, and if accidents do happen, it's very likely that you will need the services of a specialized towing company (if you are lucky).

Having enough knowledge to run a jet ski rental business venture is imperative. You need to know your potential market, how powerful the jet engines you can buy, whether you can market your jet ski rental business only to the experienced, what to do during emergencies, etc.

Before that, you must also check on the environmental factors around you, like: when is it safe to rent out the jet ski 800 or 550, and when is it advisable to tell the potential customers off? You must also set the demarcation line in the waters and advise your future patrons where they can safely go and where it should be out of bounds.

Although some people might think that setting out a jet ski rental business can be likened only to putting up a rental shop for bicycles, you must remember that these are potent boats, which are quite capable of upturning sailboats, ramming through speed boats, and crashing into docks and other physical barriers. Suppose your customers don't sustain enough injuries during these kinds of accidents. In that case, it is with significant probability that the water might claim them – and that, assuredly so, is never good for business.

Watch this Video to find some Tips to Start Your Own Jet Ski Rental Business and the Ways to Promote it

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162 Comments

  • Jorge S said on January 6, 2009
    Wow, what, do you own one or something? Excellent article for potential starters. It's possible, man. I'm sure those starting a jet ski rental business know the cost, laws, maintenance, and "OF COURSE" insurance. I don't think they gotta hear about the broken bones and burn-to-the-death part guy.
  • Neil said on January 19, 2009
    I have ALWAYS been interested in starting my own jet ski rental business. I just returned from a cruise, and St. Maarten was one of my stops. People were waiting in line to go jet skiing for a half hour at $65 a pop. That solidified my interest even more. This article provided some good information, but just like any other start-up business, there are risks, which I understand. What i do want to know is what will the cost be to start up this company? How many jet skis should I get? How much is the insurance policy? Please let me know because i want to do my research and make a decision to see if this is right for me. Thank you. Neil
  • Wayne said on February 11, 2009
    An opportunity just presented itself for me to be part owner of a Jet Ski/Sea-Doo rental business. The article was informative. However, I too would like additional information on the quantity of equipment needed at start up. Although, you don't recommend buying used equipment, my partner thinks that he has a good eye and the resources to get use equipment in optimum working condition before they're shipped. Thank you.
  • scott said on February 27, 2009
    I own 4 jetski/boat rentals my advise for anyone who wants to start a business is to work for a location for at least six months before you start your own there is a lot to learn, and I think you cant even get insurance unless you have 3 yrs working experience. have fun Scott
  • peyt said on March 25, 2009
    i plan to enter the jet ski renting business. I don't see myself working a 9 to 5 behind some desk, i want to do what i love. I already have a little head start by owning a seadoo. I'm only 18 so i have a few years of planning before i go into action. My only question is should i stay in the states with my business or go to a foreign island and start it up there. thanks for the advice man. peyt
  • Robert said on April 8, 2009
    I want to open a jet ski rental business myself. I used to work on them for years and now work on them part time and race them. I have a ton of experience with watercraft and boats. I'm looking to make a life change. I would also like as much info as possible or even maybe a partner to do this with.
  • Jamie said on June 1, 2009
    Anyone know WHERE to get the liability insurance? I am finding it hard to locate. Thanks for the reply!
  • Charles said on June 23, 2009
    I am in the process of starting my jet ski rental but i'm sure there is still a lot more information I need to know. If anyone has some free time that could give some helpful hints or let me know where I could get some good information it would be greatly appreciated. thanks
  • Efrem Baez said on July 15, 2009
    Just need info on how to go about opening a jet ski small rental business in Long Island, NY
  • Hernan said on July 22, 2009
    First of all i have no experience in renting jet skis, but i do know that i really want to get into it. I'm thinking about opening a small rental spot in Destin Ft Walton Beach, FL. If you have any info or advice for me before i make my move i'll greatly appreciate. I really need some info on where i could buy new jet skis for a good price and how much am i looking to spend on insurance? Thanks A lot. Hernan!!
  • brandon said on August 5, 2009
    i was wondering how you would rent or least the beach space from the hotel or the city
  • Greg Boynton said on August 12, 2009
    I have been very interested in getting into the jet ski rentals myself for many years. I would like to do this in the Destin. Fl area or Gulf Shores Al. Trying to make a new start here i was thinking like a ski rental and a hotdog, hamburger, milk shake hut set up would be all around good time stop for the vacation folks. if anyone can help or has any ideas contact me. I am an investor with great credit looking to move on this ideal soon 8-12-09. Thanks Greg.
  • Elwin said on August 18, 2009
    i just won a 2008 sea-doo gti. never been used (0 hours) comes with a caravan trailer. i don't really need it. i'm in the army and i'm trying to sell it instead. if you guys are interested i will give you my number to reach me 931-217-5849. i searched for the price and i saw $7,900 for the ski without the trailer, but i would give them both for $7,500. i hope you guys can call me if you are interested. i'm from Clarksville, TN (Fort Campbell KY)
  • Julian Christopher said on August 19, 2009
    I'm looking to open a jet ski business here in malaysia. There is not much competitors around but there is a whole lot of tourist that come along here from time to time. I'm seeking some professional advice on how to open a jetski business from A-Z. Really hope to hear from you.
  • Daniel Rivera said on August 23, 2009
    I'm looking to start a small jet ski rental business in my area. I noticed that there is really nobody doing it in the beaches here, which get very crowded, they only do it in rivers and places like that. I started thinking about it a couple of months ago while vacationing in miami. I would appreciate all info possible especially regarding insurance and average maintenance prices as well as where to go to check if it's allowed by local authorities to do that in their beaches. thanks a lot. daniel
  • Yuniel Guillen said on September 1, 2009
    By any chance anyone knows how much is it to rent or lease a spot in miami beach Florida? And who do I contact for that type of information? Yuniel thanks for the insight.
  • Stace jensen said on September 30, 2009
    I am interested in starting up a jet ski and Kayaks business with my husband. We want to know how you go about finding a great location. We live in Utah and people here love doing things outdoors. What about going south for the winter? I have found that most rentals here at lakes are contracted to the Marina and they have 10 year contracts.
  • Ange Isaacs said on November 9, 2009
    I am determined to but used jet skies for my rental in the Caribbean as thats all my budget allows for at the minute. I have to ensure insurance cover and maintenance. I am interested in the miscellaneous equipment needed ie life Jacket etc. Can anyone help.
  • Tim Peters said on December 4, 2009
    I'm interested in starting jet ski and boat rental business on the north shore of the domincian republic. I would appreciate any information on start-up for example number of water craft needed, insurance, rental space cost $ at a resort, maintenance cost and any information related to the business would be greatly appreciated. Thank You in advance for any information.
  • Lars Nielsen said on December 5, 2009
    Robert, I am looking for the same kind of business. A job behind a desk is not for me. I have 10 years experience with windsurfing. Moreover I have experience with accounting. Where are you located? I can relocate as long as it is not in US territory, the immigration law is just too much. I am a EU citizen. Would you be interested in a partnership on a low cost caribbean island? Email: Lars_boye@yahoo.no
  • Scott beginner adviser said on December 18, 2009
    I own a Jet Ski operation in Panama City Florida and have since 2000. I get this all the time some guy walks up after renting and says" I think I will open a Jet Ski Rental Business!" Where do I begin? First off unless you have around $80,000 cash laying around forget it!! You must also be able to do all maintenance on these machines short of rebuilds yourself. Then there's the location, at most beach's in Florida that allow rentals you can figure on coughing up $15 to $25,000 dollars per spot!! Then you are limited to how many machines you can run per feet of Beachfront at your resort. Then you will need a 4x4 vehicle to drag them that will eat away at the bottom of the skis $200 per waverunner to repair every season. Insurance will stop 99% of the DREAMERS out there, there are only 2 companies in the U.S. that even write this sort of policy and if you have never owned a Jet Ski Rental business in the past you probably don't qualify and if you somehow do get in figure on approx $4,000 per machine for coverage 25% upfront with 4 payments! You need a minimum of 4 to break even just so you know. figure $1000 to $2000 each machine for repairs as rental are not covered under factory warranty as well! I personally run 9 machines and must make $200,000 per year just to pay all the bills and net $80,000 and I must do all of this in 5 months out of the year ( 7 days a week straight!) that means from march thru August I work from sun upto sun down no breaks and no life except my business. then there is the added bonus of being in the sun every day for 12 hours here in Florida. If you forget to coat on the sunblock 5 times a day you will be seeing the dermatologist scalpel up close and personal as he cuts off inflamed cartilage and sunspots for biopsy, what a great time!! Sorry if I paint a grim picture but not just any bozo off the street can throw a few old skis in the water and call it a business!! that my friends it not how it works at all! My advice to you is buy an established rental business from a company with a great safety record and stability in one spot. You should only pay 10 months of revenue and all machinery is depreciated at 20% each year of age period! My business for example would sell for $246,000 that's it! nine machine that are two years old and ten months of sales DON"T GET RIPPED OFF by someone who attaches emotions to their business. I see these ad's all over the net for ridiculous asking prices all you are doing is taking over a lease paying the ten months and equipment depreciated worth it's real simple. Think long and hard before diving in people! Good luck!
  • rashid.s said on December 28, 2009
    I am canadian of zanzibar origin i fed off with western life and i'm deciding to go back home in zanzibar paradise island. i have location on the beach. i'm mechanic in prof, so opening jet ski business and other water sports is "knife in a butter" i'm looking for partner who is willing to share with me i can afford four jet ski and this is free location in my home town ZANZIBAR EAST AFRICA. anyone?
  • Amiri said on February 1, 2010
    I am really glad I came across your article Scott. Scott, you are the only one who has put true numbers out there. I will say though, I'm not feeling too sorry for you considering you work 5 months out of the year and net $80,000.00. :) Remember $80,000 for a business owner is $80,000.00. $80,000 for an employee is somewhere in the vicinity of $65,000.00 (Less to write off). I agree starting any business usually takes some up front cost but $80,000.00 is not a heck of a lot of money. I think the hard part as you have mentioned is getting the insurance and location. Also consider that America is much more stringent then many other countries. I am a native NY so I do understand the pain here... I am a young entrepreneur and investor and I am looking at many options at making additional wealth. I wish many blessings on all who are trying to live out there dream job!
  • JUSTIN DOSSEY said on March 8, 2010
    ME AND MY WIFE AND ANOTHER COUPLE WERE REALLY GOOD FRIENDS ARE GOING TO BE MOVING DOWN TO THE DESTIN FL AREA WITHIN A YEAR TO STARTUP OUR OWN JETSKI/PONTOON/PARA-SAILING RENTAL COMPANY. I APPRECIATE EVERYONES ENTRIES THEY REALLY HELP, BUT IM CURIOUS IF ANYONE KNOWS OF ANY ONLINE PLACES TO GET CHEAPER NEW JET SKIS. WE KNOW THEY WILL STILL BE PRETTY EXPENSIVE REGARDLESS BUT WE WANT THE BEST DEALS POSSIBLE! ANY HELP WOULD BE MUCH APPRECIATED!
  • Mike Glanville said on March 17, 2010
    My company manufacturers a Jet Ski alternative product, a personal Hovercraft in Southampton UK. We currently offer dealer discounts to rental operators who offer hovercraft rides. Hovercraft can be used on land as well as on water, or any flat surface, see videos at hovpod.com Rental operators can sell Hov Pods to leisure, commercial, rescue and military customers as broker or dealer. We offer training and sales/marketing support. Hov Pods are very addictive since you fly at a height of 9 inches above the surface at speeds up to 40 mph.
  • craig said on March 31, 2010
    i am setting up a jet ski hire business on the cost of england. Can anyone give me an idea on how much insurance would cost for 4 jetskis and how much running cost for 1 jetski per day
  • Stu said on April 14, 2010
    Scott thanks very much for your input, i would very much like to talk to you about this more i would appreciate your feedback my email is airwalk16@hotmail.com thanks in advance Stu
  • Sk Hasan said on April 20, 2010
    I just started JET SKI rental business in Cox's Bazar Sea Beach, Chittagong, Bangladesh. Right now I have only one Yamaha Waver Runner. I do not understand for long run rental JetSki Business is good or not. I do not have much money to bye more but In Bangladesh ( Cox's Bazar Sea Beach ) there is a good prospect. If any one interested to invest and establish a JetJki club in this area please write to me... Thank you and looking forward to hear from you soon. Best Regards, Sk Hasan
  • Sk Hasan said on April 20, 2010
    Please note that there is no JET SKI club in Cox's Bazar Sea Beach ( Chittagong, Bangladesh ). If any one interested to invest to open this kind of club please write to me, As I am very much interested but do not have enough money. Looking forward to hear from you soon. Best Regards, Sk Hasan
  • kamal said on April 21, 2010
    i want to set up a jet ski rental in puri beach located in the state of orissa india plz advice.
  • Mo Uddin said on April 26, 2010
    #30.Sk Hasan, I am very interested in making contact with you, I dont know how to contact you directly! Please email me so we can further this discussion... Many thanks
  • Desiree said on May 1, 2010
    My husband and I are trying to start a jet ski rental in fort myers, fl. we have the start up cost covered, but we really aren't sure where to begin. any info on where to find out what the regulations are as far as insurance requirements ect would be very helpful. anyone with any insight can email me at peaches61@rocketmail.com just put 'jet ski' in the subject line. thanks :)
  • Nicholas said on May 3, 2010
    I am interested in starting a jetski business in the Caribbean. I can attain the jetski, and take care of the marketing, I just need someone who understands the laws of incorporating and the tax side. Also if you have some capital to contribute along with my contribution all the better. If anyone is willing to relocate to Southern Caribbean and would like to partner up you can email me at scaribbean@hotmail.com. My goal is to make this the best rental business on the beach. Wanting to open by March of next year at the latest.
  • Wil said on May 27, 2010
    I have given serious thought to opening a rental business. Starting with at least one location, with the prospect of adding new locations yearly. Yes there is a Great Deal of potential here, several major bass tournaments yearly; majority of earnings would be seasonal. Very good potential for sponsorship at several of the area resorts. IF anyone may be interested, feel free to contact me @ shadowspec31@yahoo.com. Best of Luck, Wil
  • J said on May 27, 2010
    San Francisco, CA. Hey Scott, thanks for the plain truth reality check you posted up there. Lots of information to chew on. J
  • Tom said on June 4, 2010
    Scott almost had it correct. $80,000 is what you need to purchase at least 7 skis. Insurance is about $1700 per year per ski. So multiply 7x$1700 and u have an idea of total cost per ski. Then you have to get EACH ski permitted, depending on location can be from $90-$200. Multiply that by 7 minimum. Location. The key is location. You want the best, so be prepared to pay. Top locations in panama city start out at $35000 per year (8 months PER BEACH) and you're only allowed one ski per 200 feet of beach. That means you may need up to 5 beaches to carry 7-10 skis. Gas is around $400 PER DAY. And you need at least 2 employees plus yourself at 10% each of total sales per day, usually paid in cash. Plan on breaking even the first year, assuming none of the skis get damaged, that's not likely. Save your money. Invest in a Roth Ira. You'll come out better in the long run.
  • Stephen Henderson said on June 15, 2010
    My partner and I are from London, ON, Canada. Looking to open a jet ski rental on the shore of lake huron in Grand Bend, ON or Lake Erie, Port Stanley ON. Very little to no competition in either location. However my question is this...Do you need years of experience in this feild to get your equipment insured? Appreciate your time. Thanks
  • Tim said on June 26, 2010
    actually.. opening a jet ski business is not that hard to make. i started with 1 jet ski about 3 years ago and now i have about 15 skis in my inventory. i dont have insurance, no license, i just get them and drop them in the water. i charge 100.00$ an hour and in the summer season i have about 12 skis on the lake... every weekend for about 5 hrs a day. I make about 12,000 gross profit before i pay my employees. I make my customers sign a wavier form. I make about 240,000 a season gross profit. THE BEST AND EASIEST BUSINESS OUT THERE.
  • Stacy said on July 9, 2010
    Tim...I was curious about what state you are in and how you keep from getting fined with no license? Do you do any advertising or do people just kind of stumble upon your business? I would love to start a business like yours up but in my current location I dont feel it will be as successful as yours.
  • jack said on July 14, 2010
    tim, thanks for ur info......can u tell me where i can get a waiver form...i'm starting the business next summer in texas
  • sean said on July 27, 2010
    opened a ski rental business in rhode island $150 per hr drop them in at public ramp and they line up 20 deep waiting cash only !!! show them a 10 minute safety video on a laptop they sign a waiver hand then life vests and they are off 3 months to do business in new england jun july aug if it doesn't rain . I have all used rebuilt machines your crazy giving people with no experience new machines. also they have 2 keys 1 key keeps them at 40 mph thats fast enough. all repairs myself invested total $15,000 in 4 machines and two double trailers and registrations for machines and trailers i took home $72,000 profit last year
  • Redski said on August 8, 2010
    Scott and Tim opposite universes for info. Thanks for the posts . I live in a GREAT place to open a business AND can keep them 'skis serviced myself. Anyone want to be the STRAW MAN in an operation wherein YOU are the one sued and have no assets to lose? Let me know. I have SIX ski's ready to rent and a GREAT location . 864-985-1774
  • Tony said on August 11, 2010
    I am looking to start a waverunner business in fort myers or even clearwater fl. area. I am looking for someone to partner up with me. We would split everything 50/50. Anyone interested? Thanks...
  • Andy said on August 21, 2010
    Hi guys the waiver is certainly the way to go. A jet ski and quad bike safari is something I have always wanted to set up as there are so many awful companies out there. As everyone agrees the location is crucial. If you can find the right location with great customer service you have cracked it. Email me at andy@sleekmedia.co.uk if you currently own a business or may be looking in to a joint venture. Cheers and good luck.
  • Louis osborne said on August 30, 2010
    Ive just got back to England from Aruba on holiday, I've been thinking for a long time about opening a jet ski rental center in somewhere like the Caribbean and going to Aruba has made my mind up! There was 12 jetskis at this section of beach, and they were fully booked up from 9:30 in the morning until 4:30 in the afternoon at $65 for 30mins! So I desperately want as much info as possible! Mainly how to look for the location as the spot in Aruba just seemed perfect, so how do you find a great spot that hasn't all ready been taken,?????
  • G said on August 30, 2010
    Whats the biggest maintenance problems with a jet ski? Mark I think thats A good question.. That's what's missing and I would also like to know what types of jet skis are out there for rental do you usually dont have them going faster then 40mph? isn't that to fast for complete strangers toward jet skis?
  • Louis osborne said on August 30, 2010
    My email is. Osborne.louis@ymail.com. I need any info from any1 please on how to start up! Also I've tried emailing Nicholas the guy who is starting up in the Caribbean and I can't seem to email the address that is on this page so can you please email me as I'm very interested in what you are doing!!!!
  • Amine said on September 7, 2010
    I'm Amine and I have given serious thought to opening a rental business in Marocco. Starting with at least one location, with the prospect of adding new locations yearly, The location and the permits is not a problem, I am looking for a partnership, I own already some jet skis and have experiences also with renal. if you have some capital to contribute along with my contribution all the better. If anyone is willing to relocate to (Plage Blanch)south of Marocco and would like to partner up you can email me at sahara079@hotmail.com Thank you
  • Peter said on September 8, 2010
    I'd love to know where Tim is from. You can email me at pdestefa@hotmail.co.uk. I already have three machines of my own and am looking to rent them out. I figure if I have good machines why not? If anyone is interested and knows how to set this stuff up in the Caribbean let me know.
  • James said on October 5, 2010
    To all I have worked for a jetski rental company for three years on the Outer Banks NC. All of which I have been a supervisor or manager. I am now the mechanic after attending a year at MMI (Marine Mechanics Institute). I have dealt with all the challenges that occur on a day to day basis and know the works of the rental buisness. I am still currently working with the same company but am looking for new opportunities. I am not looking to start a buisness but am willing to help in the process of someone else starting a buisness. If any one is at all interested shoot me an email and see if something could work out.JGarnett97@yahoo.com is my email
  • sola said on October 21, 2010
    This is a very good forum for all of us. Our company designed several types jetski only sell 5600 USD each pcs. For buying the jetski, the most important is the engine. And our jetski information are following:
    These CE approved products are used original 1400CC 4 stroke Suzuki engine (aluminous material, empty camshaft, mute chain system, powerful), which is definitely a guaranty of stable and excellent performance. They are really sexy. Cell:0086-18970206897, e-mail: susan@hisongroup.com, Website:www.hisonjetski.com, You can just see them
  • Susan said on October 23, 2010
    I am in the beginning stages of opening a boat and Seadoo rental business. We are inland Florida and there is only one rental company in town. They are not very reliable and their equipment is not maintained. I know this because I work for a marine dealership and my husband and I own a small marine repair shop and we do many repairs on this company's boats and Seadoos. One advantage I have is I'm already established with owned property and building and own several boats that would be great for rental in the area including a pontoon and a couple of small bass boats. I bought my first Seadoo (yes used, but will be a fresh rebuild). My husband does outboard, inboard AND fiberglass repair. This summer he repaired 4 wrecked PWC's including 2 t-boned, one front end and one brand new Seadoo with the bottom torn up. Our business will also benefit from his skills as we will not have to go outside and pay full price for any repairs.
  • Susan said on October 23, 2010
    As for Michaels comment on MMI. It's a great start but education is limited in the real world of outboard and PWC repair. Either you have the knack or you don't. I would love to talk with an already established rental company for advice. Thanks aquaventure@yahoo.com.
  • Josh said on December 1, 2010
    I'm looking to work at and possibly get into a small jet ski or party boat type of business outside of the U.S. Has anyone here worked in such an environment or researched what country/Islands are the easiest to do such a thing considering insurance and regulations? jburnett66@hotmail.com
  • Todd said on December 3, 2010
    I have owned and operated my Jet ski Rental company for 12 years. I run 40-50 skis and have been doing lease contracts with marinas for 4 years, This is where I supply all the skis and training on how to run a jet ski rental company for a percentage of the gross turn over. The location is the most important part (and only thing that matters) of the business!!! Everything else can is a matter of experience, knowledge and know how. I am looking for new partners in new locations to start up. If you think you have the perfect location but lack everything else, then email me. You better be prepared to work hard, and learn fast because then you won't need me and will be able to make the real money in JET SKI RENTALS!!!! captainmanno@gmail.com
  • shahab said on December 24, 2010
    hi ,i would like to open jetski rental company in saudi arabia.i want to start at least with 4 jet ski, the municipality are giving me 4 location and i must choose one , i show jet ski companys like seadoo,kawazaki,yamaha, i dont know which one is good for this job, please inform me if there is any other brand of jet ski, thanks
  • Les said on December 31, 2010
    Hi, I own a Jet Ski Touring company in Adelaide South Australia. We currently are the only Ski company that deals with the public and have the only licensing to operate in the metro waters.. We may be thinking of selling the company in the near future. If this interests you drop me an Email to see what options we may work out... Cheers.. info@sajetskitours.com.au
  • Kent said on January 9, 2011
    Hi, I own a jet ski, water sports tour and rental company in Costa Rica. My current inventory consist of 7 Yamaha Waverunners, 7 kayaks (three doubles and 4 singles) complete with seats and paddles, snorkel gear for up to twenty people, 4 boogie boards, 30 life jackets, 1 custom 25ft rigid hull inflatable (used for water taxi, snorkel tours and parasail boat shuttle)and 1 36ft custom Parasail boat.

    We currently have 5 full time employees and 3 part time which includes the office. We are opening a new office on the main street of town which will increase our annual revenue along with our new website that will be operational by the end of January. The companies current net worth is around $270k in assets, not including the permits, license and the other mounds of paperwork I had to do to start this company in a third world country! We are looking for a solid investor/partner with good credit to start the Yamaha Lease Program with the local dealer. The demand for jet ski rentals in our area is a goldmine. I get calls from Four Seasons, Hilton and RIU's resorts everyday that I can't fulfill. Anyone interested in more info please contact me. TriStarEvents@cox.net
  • Parker said on January 28, 2011
    I own a Jet Ski rental company in San Pedro, Belize. My inventory consist of 8 Yamaha VX Deluxe waverunners and 2 Sea Doo GTI 130's. I am the only Jet ski rental on the island. I need to sell my business with the staff, which will include a full time mechanic, for personal reasons. If any one interested you can email me @ parker@sanpedrowatersports.com
  • JetSkiSteve said on March 2, 2011
    I'm located in Tampa/Clearwater Florida. If anyone needs anything done like locations researched, contacts made or even interested possible Jet Ski Rental partnership, drop me an email! See ya at the Beach! Steve Baumwerk@aol.com
  • Scott beginner adviser said on March 8, 2011
    Tim, You are a knucklehead! You have to have insurance for your business and a license, period. When a serious accident occurs, and the law enforcement officers show up ,pack your bags because your going away for a long time! Not to mention the lawsuits that will follow. This is the wrong person to be asking advise from, not to mention he is breaking the law. Think about it people. Tim you also need a math class here you go 15 x 100 = 1500 x 5 hours = $7500 deduct fuel @ $15 per machine = $1125 minus labor I'm gonna guess 2 unskilled beachbum under the table types 5 hours plus 2 hours for setup and breakdown time thats 14 hours labor @ average $10.00 $140.00 misc to include repairs( you do have to keep them running )$50 per day and your not sitting there for free at minimum $100 per day that comes to $1415 per day that leaves $6085 and you do have to pay taxes believe it or not 18% easy! drops your daily (which I doubt is true) to $4990. You mentioned a waiver, wrong!! You don't carry INSURANCE so any waiver they sign is not legal! Either get the insurance required or stop what your doing before someone get's killed!
  • joshuah said on March 11, 2011
    To Todd Jet ski rental company Guy. I have a decent location on the Ohio river and am looking to open up a ski rental gig drop me a line and let me know what your costs i currently own a trucking co and need a wright off for it...joshuah40@yahoo.com
  • Rob K said on March 19, 2011
    Hoboken, NJ (Hudson River), Robert@gsrg.com, Any chance Scott or others could offer the names of the two insurance carriers.
  • Grant said on March 30, 2011
    Live in the Mecca of watersports, Key west, FL, have a partner in the caribe, local with watersports lic., great Cruise traffic, new, O competition for all aspects, very close to funding but any potential partners might ease the pain, NO taxes, limited Ins. Happy Trails
  • lower LA said on April 11, 2011
    Great Information from some.......great entertainment from others! We have the machines, location, and our insurance intact, however....NOBODY has actually listed a company through which I can offer rental insurance to renters. Ready to open any day...last detail....insurance company name servicing ALABAMA will be greatly appreciated.
  • Chris moogalian said on April 24, 2011
    Hey guys I am looking to start a jet ski rental business also. I am looking to launch about one year from now/ somewhere along the carolina georgia coast- don't know what the names of the insurance providers are/ and who has done a mobile business before? I pull up on the beach w 4 skis and a for rent sighn- pros and cons for this idea would b helpful. Thanks
  • Dawn Francis said on April 26, 2011
    Dominica West Indies. Hi I am interested in starting up a jet ski rental business, I however need some form of security in shutting off and monitoring the skis while they are out especially if they get off the skiing zones. Any ideas
  • newman said on May 16, 2011
    hi, I work in this jet ski business for years, and always wanted to start my own i already have a good spot on the beach in jamaica where tourist visit every day wanted the service. i'm now looking a partner to make this possible, so if you want to join email me at this address fbncll390@gmail.com
  • Karan said on May 17, 2011
    Hi, I want to start a jet ski & parasailing business in southern part of India. I look forward your valuable suggestion. Kindly revert back to me My mail id karans380@gmail.com. Karan S India
  • shazly said on May 21, 2011
    hi every body i have my business here in egypt in sharm el shaik and hurghada and its water sport company and my work for the wind surf and kite surf, i looking for one partner with me in my business and you are welcome here to see all what i have here. if one have the interesting just email me on watersport3s@hotmail.com
  • Nicole said on May 24, 2011
    I have owned a jet ski rental in the keys and it is not easy.
    Scott - I truly appreciate your input and you definitely have a good business sense and input. I had an accident and the waiver of liability included in the rental contract agreement didn't matter in the end when the renter hired an attorney specializing in boating related accidents. The insurance company is now bankrupt and the totalled ski was never replaced. The attorney sued everyone involved in the business and it required 7 trips to court by the time all was said and done! I am wondering (probably from Scott) if you can tell me who you are using for an insurance carrier and if you are a member of NACWO? I am also wondering if you know a General Liability carrier who will provide coverage for unguided rentals. The rules in Florida are different than most other states in that most carriers cannot offer this kind of coverage in Florida. I did multiple day rentals in Massachusetts but the carrier cannot provide in FLorida. Thanks all - Good Luck!
  • Michele-Insurance Broker said on June 10, 2011
    Boston, MA. Scott, Kudos to you. I just got a call from a client that is all gung-ho on starting a jet-ski rental business. Bodily Injury is obviously a huge exposure and the insurance companies that will even look at this type of business to consider writing it, are going to charge a hefty premium. I told him he can expect to pay thousands per jet ski on his and the carrier is going to require an iron-clad contract and there will be an abundance of terms, conditions and exclusions. This is not the type of business that insurance companies have an appetite for. I'm marketing it now to various carriers and I think my client is going to fall off his chair. Great information Scott!!! Thank you, ~Michele
  • Heiner Hartwich said on June 25, 2011
    Hello, I am writing to you from Luxembourg, Europe. Ready to move on in business life. Jet ski seems the perfect sector for my son and me to go into. We are looking at any location (India, Africa, South-East Asia, Caribbean, etc...). Anybody currently looking for a financial and "hand-on" partner (except mechanical skills) please let us know at h.hartwich@vo.lu. We will answer all serious mails.
  • Kevin beginner adviser said on July 20, 2011
    I owned a jet ski rental biz for about 10 years. It's not as easy as buying some ski's, life vest and opening the doors. Most locations are very seasonal, therefore, you need to make sure you're gonna have enough traffic to make your money from March to August and a few odd weeks in between(Christmas, Thanksgiving etc) However, if you have a good location and buy new equipment(to avoid repairs and can get a warranty if they're in your name and not the companies), it can be a profitable, cash business. When I sold 5 years ago, I know insurance was getting hard to come by unless you had proven experience. You also must advertise unless you can find a location with enough street traffic or resort traffic to support you. I was fortunate enough to have both. I'd be glad to consult for a fee :)
  • Kevin M said on July 28, 2011
    Does anyone know where I can find a template to use for a rental agreement? Also, what other sort of documents and forms would be helpful in starting my business? Thanks for any help you can provide
  • ken said on July 30, 2011
    I am in boynton beach florida and have been thinking of opening a wavernner business I am looking for someone with capital to start the business but have good ideas like 2 for one rentals and buy one rental get one free people always want a deal and a great way to get started........why does it have to be so expensive I bet people with not so much money would love to ride for a half hour for 40 bucks .........other than 75 let me know if interested lets make it fun for everyone
  • ken said on July 30, 2011
    kencrowley40@yahoo.com in boynton beach florida u put up the capital i will put in the work and hours to make us lots of money maybe give the best prices in town but sometimes it is better to have waverunners in the water all day then on the dock........
  • rob said on August 8, 2011
    I have been wanting to open a jet ski business my whole life. I believe the ocean is free and playing on it should be as well..I guess i'm curious to know if its cheaper in the U.S. or like someone said above some cruise ship ports?? I have so many ideas for this business I cant imagine it would fail..I'm looking around to see how much it is to buy a business or start brand new? If anyone would like to hire me please let me know.
  • carlos said on August 8, 2011
    i'm interested to buy this business in florida! i got the money i'm not joking around if someone know about somebody please e mail me with a phone number thanks.
  • experienced beginner adviser said on August 9, 2011
    Everyone here wanting to start a business in the Jetski rental business better do lots of research before wanting to start. I have been doing this a long time. Believe me when I say it takes a lot of dedication to have your business. For the guy wanting to do cheap rentals on the beach. I guarantee that doing cheap rentals will not help you. Especially for $40 Dollars. When you find out how much insurance is and what you will have to pay to be on a beach if you can even pull that off you will change your mind quickly. You have to get a permit to be on a beach with a business, and even getting one for what you want to do is hard to get. Most counties don't allow it and some have limited permits they can give. Then there are waiting lists with people already that have the same idea. As far as doing it mobile. There is no insurance that will do it anymore. I did a few years back. And the company went belly up. Florida has strict rules and you must have a location. There are courses you have to do and you have to become a member of Nacwo. They also inspect you. It's pretty crazy all the rules they have. Thing is that these days everybody sues everybody and no matter what great insurance you have and you think your covered your not. But back to the point about cheap rentals. You want everyone to have fun at a low price. Especially those who don't have a lot of money. Well it's going to be the one time that the person you let rent with no money wrecks your ski or does really bad hull damage or turns your ski over and doesn't know what to do. And they are responsible for any damage. They won't have the money to pay the $1000 damage or more and your screwed with a jacked ski. Plus you aren't making enough money to put aside for this situation then your losing more money cause the ski is sitting damaged. It doesn't matter how new the ski because they all are expensive to fix. Hopefully you have some mechanical background or know someone that doesn't charge to much as well. I hate to sound negative but every business has it's down falls. You have to be smart and have capital. You can have great low rates but it doesn't matter if they have lots of money or no money your going to get screwed in the end. From my start ups and running a business yr round your going to need at least $60-$80k up front to start. Work everyday for 8-10 Hrs and for 6-7 months out of the yr to pull in a good paycheck. I couldn't say how much you will make but it depends on your work ethic and what you put into it and if you have help and advertise your butt off plus need I say Location Location Location!!!
  • Anthony said on August 16, 2011
    Looking For Partner for Hawaii PWC rental business. I am a certified pwc mechanic that has worked on all of the pwcs of the rental company here and now I would like to start my own. Please contact me with questions at: anthonytello@gmail.com
  • Kamanga said on August 23, 2011
    Hello guys First and foremost this has been a really really useful thread to read. Thank you. I own a company called distanthorizons watersports based in Dar-es-salaam Tanzania. As we speak we got 4 jet skis arriving but looking for someone to help us run and increase capacity more jet skis, kayaks etc. The opportunities are here as there is no water sports company on the Tanzanian coast. Those interested please stay in touch. kamanga.kapinga@distanthorizons.co.tz
  • Jonathan said on September 21, 2011
    Hey guys, I am wanting to start a jet ski rental in Texas. Can anyone tell me the names of some insurance places to call? Who writes these kind of polices?
  • shiiraan said on October 1, 2011
    Hi I am planning to start a jet ski and water sports company in the tourist area south of beautiful paradise island Sri Lanka .Anyone interested to join in as a partner can get in touch with me . Great potential.My e-mail add. shiiraan@gmail.com
  • jordan said on October 7, 2011
    i have always love the jetski it my passion my goal and ambition to start my own jetski brand and move on from there and make it bigger i am 15 yr old and want to start my business and get bigger from there by 16 i hope some give me and advice and tips on how to start up at this age how i can expand it how i can i manage it and so on if you have any ideas please email me and reply thank you :).
  • cyrillefrenchy said on October 8, 2011
    frenchys jetski & boat rentals st pete beach florida. i just found this website and read with a lot of attention many posts and i agree 100 % with scott about the difficulty to run a business like that. i moved from france to florida to buy and run a jetski rental business 10 years ago and i started with 1 ski and 1 powerboat and i discovered what is a seasonal business .like scott said, march to august 7 days a week 12 hours a day and i grew up to 9 skis and 10 powerboats as of today. the only way i made it thru and still doing good is because working every days does not scare me and also because i do all the maintenance myself as a previous automobile mechanic in the past. without these mechanic skill i would be closed today and a long time ago. maintenance, gas and insurance are the biggest expenses posts, a lot more that it should be.as the season is short even in florida you have to have all your machines in perfect working conditions all the time or you loose too much that is why you have to have new machines. all the competitors around me who tried to use used machines and do cheap prices did not make it very long, the latest survived 3 month and went back home "nacked". the best advise i can give you if you want to start a jetski rental business is to think more than once about everything and the most important is maybe the location, remember, 99.9% of peoples on vacation are going to eat in a restaurant,but only a minimal percentage of peoples want to rent a jetski. don't listen too much peoples saying it is an easy business to run, it is not, trust me, come to work with us one busy day on summer time and you will see. the only bright side of this business is you see 100% of your customers in bikini, that is all. excuse my "frenglish"
  • cody roche said on November 1, 2011
    Hey I live down in pheonix AZ. I have a dream on starting up from the ground a Rental company. I have worked with some of the worst rental companies to the biggest rental/tour companies in AZ. I have seen first hand the good and bad. (We had one person die on a ATV rental one time) and have had boats break down in the middle of the lake. I have experience driving houseboats and all. I know there is money to be made but you do need a lot to get it started. One company I worked for was at the best location ever. We had the shittiest jetskis and boats and high prices. But we had connections with hotels etc.. and that got us customers we were making on average 7000 to 8000 a day. I'm gonna try and start a company up possibly around AZ if anyone needs a business partner email me codyroche69@Hotmail.com thank you
  • Dorathy Masri said on November 17, 2011
    Many thanks for your information! Frankly speaking I have never come across anything that cool.
  • good luck said on February 8, 2012
    I have 2 locations on a lake in CA if i had to do this more than 5 months out of the year i would kill my self. my wife told me i wake her up in the middle of the night screening DONT RENT TO THEM. This is a business where you are trying to build your business and the customers are destroying it. I WATCH and monitor the rents at all times. if you dont you wont have a water craft left and the fun part is when they bump or crash in one anther trying to make them pay for the damage $500 to $8000 or more. when more then one ski goes out every other rental they bump each other even though you tell them till you are blue in the face to stay away from each other. when you telling them the rules all they want you to do is shut up and let them on the water craft. I have 2 locations on the water front . I have been doing this for 4 years. i though it was going to be like a Corona commercial setting on the beech in my chair watching my renters, hell no .every weekend for 8 weeks straight in the summer i will have 2 ski filp and sink half way, motor under water. Then a full time job refueling the skis. the skis hold 16 gallons, skis run 3 to 4 hrs on a tank. yamhas vx run 4 to 7 gallons per hr, seadoo gtis are 7 t0 11 gallons per hr .i have 16 skis and a 260 gallon tank in my tuck that only does one fill up on 16 skies . then for the after noon back to the gas station for 260 gallons for the after noon fill up. I really dont know how TIM does it with his 12 ski with out a location .I think some one would notice you refueling 12 skis .I pay $20,000 for 6 months policy with 25% down and 4 easy payments of 4,000 a month. and i dont carry replacement on the skis that would be anther $600 a ski for insurance. THE TAKE AWAY rentals are the worst. most of them like TIM dont carry insurance If he is making so much money why doesnt he buy some who is going to pay when his renter kills themselves or somebody else .Tim is going to lose every thing he owns when one persons get hurt or killed. there is a take away rental place in LA, IN THE LAST 4 years they have had 8 people die and he has insurance. Take always are the most dangerous rentals. people pick the ski up in town and gas and tow them to the lake and then all there friends ,family ride the ski, no lessons .What i have found out ,out of every group i have rented to there is a bad apple in every bunck, never fails ,luckily i am there to watch at all times or i know there would be people killed on my skis to, no dout
  • harry said on April 20, 2012
    thank you scott. [no21] that was bloodly great advise and has help me alot .i wish to go into this business soon. am in retail business already and may sell up soon. so i have good work ethic and aware of insurance and council regulation requirements. i wish it was easy to get into but it sound right from your advice how running this business can be financially stressful. maybe i should save my cash and have more holidays and chill instead
  • jeff beginner adviser said on May 21, 2012
    Cool, at least there are a few realist out there!!!! I opened my business in N. Michigan 21 yrs ago. It was difficult then, but now even after 20 yrs getting suitable insurance is NEARLY impossible. I live in an area of inland lakes and do off site deliveries. When the business was est. 1992, jet skis used to cost $2995.00 and insurance was, well a lot more reasonable than 2-day! Scott had a lot of great info, and seems to be in the "know", while some things vary for geographic location, most of what Scott said is applicable anywhere. I found out as of today, my previous Insurance Co. has been dissolved, even w/ 20 yrs experience and NEVER a claim it is virtually impossible to get insurance, let alone 10k a piece for skis today!!!! My season is very limited up here, June - Labor day. So for all you ppl thinking it is an easy gig......have at it, see you in Bankruptcy Court next yr!
  • Andre said on May 24, 2012
    Hey guys i have a 40 hour sea doo three sitter I am selling, I am in florida, west palm beach. I am asking 10k It comes with trailer, tree live vest and two water skies any one interested email me at Andrezapataemail@gmail.com
  • Julie said on May 29, 2012
    My husband & I are going to start a jet ski rental business in rockport tx .... we are researching in hopes of finding some good advice and possible mentor business to help in this process. We will of course be starting small as we figure out the business and because we plan on doing on-site rentals, we realize there might be additional things to think about as well. Hoping to get a response from someone with experience willing to help out a bit. thanks julie sunflwrjules@yahoo.com
  • ray said on July 2, 2012
    i would guess a jet ski business would not want competition. i have spoke to several owners face to face they were very exited to talk about their business. they told me it was a great business if you could find a good location.
  • david beginner adviser said on July 9, 2012
    Scott, thanks for your experienced insight. Tim, thanks for... dude, get a license and talk to an attorney! I have a small business in south Alabama, just opened not too long ago. Liability insurance on the skis' is affordable, license is easily affordable. I hold a degree in PWC repair and have two good used skis. I have a waiver that my attorney has looked at and a video that my customers MUST watch. Business is sketchy to say the least, but we will see where it goes from here. Once again, thanks Scott.
  • mak said on July 11, 2012
    i want to start my own ski business, i know my location but i dont know where to start or the please to call. i dont know how to get my license
  • robert beginner adviser said on July 20, 2012
    I don't get what everyone is bitching about...starting a business is hard, the hours are long, insurance is expensive, gas prices are going up...that's just the way it is. Just because it is hard to get into doesn't mean it's not worth getting into. With that attitude, might as well not attempt anything in life. And to whoever said 8 skis will cost $80k...umm...you can find nice pre-owned skis for $5k all day long. Plus if you're buying the old 2 strokes, maintaining them isn't as expensive as the new 4-strokes.

    For those of you thinking of starting one: Do you own a jetski? If not, buy one and ride it and learn all you can about jetskis. All your business ideas aren't going to be worth a damn unless you have an idea of what your product is. If you're going to be putting in all this hard work and money you better make sure you LOVE jestkiing or else your heart will not be in the business and you won't last.
  • Jet Ski Business For Sale said on September 6, 2012
    Hey guys. We have a jet ski business in Los Angeles, CA for sale. It makes $270K per year gross and we have eight 2012 SeaDoo Jet Skis. We Net roughly $180K per year. We are in the process of expanding the business now, but were recently presented with a better investment opportunity. Therefore, we are looking to sell this business. If you are interested in buying, please post your contact info. We are looking for about $250K.
  • Esq. said on October 3, 2012
    Just make sure you are familiar with the state statutes, especially if you live in Florida. There are specific laws for liveries (those who rent vessels), i.e. the person doing the demonstration to potential renters must have a NASBLA approved certificate (Florida Boater Safety card qualifies); specific things to be taught to renters, etc.... Also, per agreement with the FWC, the operator must have a Livery Operator's Certificate. FYI- In lieu of watching the video, you can post the FWC poster now. Go to Fla. Statutes Ch. 327 and become VERY familiar with it.
  • RHODY beginner adviser said on October 12, 2012
    i rent seadoos in rhode island on weekends only for three months jun jul aug fri sat and sun only 8-5 pm for $100/hr...i'm in narragansett every weekend and have two skis on a trailer ..put in at a public launch for free.. pd $8000.00 for both on the trailer spend about 150.00 on gas per weekend insurance is $1000.00 ea per year and do repairs myself ,,advertising is free people at the beach are watching them all day long and line up with cash . last year i started taking reservations via text for return customers and sold out all summer last year i made $45, 000 cash after repairs and gas not bad for 3 months

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