Lake Business Ideas

22+ Profitable Lake Business Ideas to Start

Lake business ideas are one of the best ways to start a new business. There are many lake businesses that you can start with little or no investment. You can start a fishing business, boat rental business, water sports business, etc.

You can start a small business in any part of the world. If you want to start a business in a remote area, then you should consider starting a business in a lake. Lakes are very popular among tourists because they offer a wide range of activities like boating, swimming, fishing, hiking, camping, etc.

There are many lakes around the world. Some of them are famous tourist destinations while others are not. In fact, most of these lakes are located in remote areas where there are hardly any tourists. This means that you can easily get away from the hustle and bustle of city life and enjoy a peaceful environment.

The Best Lake Business Ideas

Lake businesses are booming across the country, so if you love water sports and fishing, there’s no better place than the Great Lakes region to launch your own lake business.

From boating to fishing, there are many ways to make money off the water. You can get started right now by checking out these lake business ideas.

Here are some of the best lake business ideas:

Fishing Lake Business

The first thing that comes into your mind when you think about a lake is probably fishing. It’s true that this is an excellent way to make money if you have enough time for it. However, if you don’t have much free time, then you might be better off investing your energy on other things.

Boat Rental Service

Another great idea would be renting boats to people who visit the lake. Most of the visitors will love having their own boat so that they can explore the lake without worrying about anything else. They also won’t need to worry about hiring someone to drive them around as well.

Water Sports

Many people go to lakes just to relax and spend quality time with family members. But what do they usually do? Well, they mostly swim, fish, play volleyball, etc. So why not turn those activities into a profitable business by offering services such as kayaking, canoeing, sailing, raft building, etc.?

Campground

People often come to lakes during summer season only. During winter months, however, they tend to stay at home due to cold weather conditions. That leaves lots of space available for campers. Why not rent out campsites to travelers who wish to escape from the busy lifestyle of cities?

Resort

A resort is basically a place where guests can rest after spending long hours traveling. What could be more relaxing than staying at a beautiful hotel surrounded by nature? And since lakes are perfect places for relaxation, why not create resorts near lakes?

Tourist Destination

Tourism has become quite common nowadays. As a result, many countries are trying hard to promote tourism through various methods including advertising campaigns, special events, etc. One of the best ways to attract tourists is to provide them with interesting attractions. For example, you can build hotels near lakes which will help increase the number of tourists visiting the region.

Hotel

Hotels are always good investments. Not only does it give you extra income but it also helps boost local economy. Plus, it provides jobs to locals. Therefore, if you plan to open a hotel, you must choose a location close to a lake. You should also ensure that the area is safe because accidents happen all too frequently.

Restaurant

If you want to start a restaurant, you must know how restaurants work before opening one. There are different types of restaurants depending on whether or not they serve food cooked over fire. Restaurants serving food cooked over fire include barbecue joints, steak houses, seafood restaurants, etc. On the other hand, fast-food chains like McDonald’s, KFC, Pizza Hut, Subway, Starbucks, Dunkin Donuts, etc., sell pre-cooked foods.

Tour Guide Service

People love going sightseeing in new destinations. If you have visited some popular tourist spots, then there’s no doubt that you would enjoy sharing your experiences with others. Thus, you may consider starting a tour guide service. The main advantage of running a tour guide service is that you get paid while doing things you already enjoy. Moreover, you won’t need any additional equipment except for an umbrella.

Fishing Supply Shop

You might think that selling fishing supplies such as rods, reels, bait, tackle boxes, lures, hooks, nets, waders, boots, etc., isn’t profitable enough. But what you don’t understand is that people buy these items even when they aren’t planning to fish. So, if you decide to run a fishing supply shop, you shouldn’t limit yourself to just selling fishing gear.

Boat Cleaning Business

You probably wouldn’t expect boat cleaning services to be lucrative business ideas. After all, who wants their boats cleaned? Nevertheless, boat cleaning businesses do exist. And since boaters often spend time at sea, they usually hire someone else to clean their vessels. Boat cleaners charge anywhere from $10-$20 per hour. It doesn’t matter where you set up your business; however, you must remember that boat cleaning requires specialized skills.

Boat Repairing

Most people assume that repairing boats costs more than building them. That assumption couldn’t be further from reality. Actually, boat repair shops can cost less than half of what boat builders do. For example, a typical boat builder will charge around $100/hour whereas a boat repair shop charges about $50/hour. As long as you possess basic mechanical knowledge, you can easily earn decent amount of cash by setting up a boat repair shop.

Boating Tours

There are many ways to earn extra income besides working fulltime jobs. One of those methods involves offering tours to tourists visiting certain places. You could either rent out a private yacht or charter a commercial vessel. Either option allows you to travel wherever you wish without having to worry about paying high prices for fuel.

Surf Shop

If you want to start a surf shop, it’s important to know the basics first. First off, you should choose a location near beaches because surfing is mostly done on water. Next, you’ll need to stock up on boardshorts, wet suits, sunscreen lotion, sunglasses, hats, towels, beach umbrellas, and other accessories. Finally, you should ensure that your store has adequate parking space.

Surf Lessons

Learning how to ride waves is one thing but learning how to stand up on a board is another. Surf lessons teach beginners how to balance themselves on a surfboard. Once students master standing up on a surfboard, they’re ready to learn how to catch waves. Students typically pay between $25 – $35 per lesson depending on whether they take beginner or advanced classes.

Swimming Lessons

Many parents prefer swimming lessons over regular school education. This is mainly due to the fact that children tend to develop better motor skills through swimming exercises. Swimmers also benefit from improved coordination which helps them perform well during sports activities later on. In addition, kids who attend swim lessons gain confidence and self-esteem. They also become healthier thanks to the exercise involved in swimming.

Food Truck

A food truck is basically an RV with wheels attached to it. Food trucks serve hot meals such as burgers, tacos, pizza, etc. The best part about owning a food truck is that there are no fixed hours when customers have to eat. Instead, they come whenever they feel like eating. So if you own a food truck, you don’t have to work 9-5 just so you can make money. All you have to do is get some good recipes and cook delicious dishes.

Summer Camp

Camping is fun! But not everyone gets to go camping every summer. If you love nature and outdoor adventures, why not open your own campground? There are plenty of campsites available these days. Some even offer cabins and cottages. However, most require owners to provide their own equipment. Fortunately, you only need a tent, sleeping bag, flashlight, mosquito netting, cooking utensils, and toiletries.

Jet Ski Rental Business

You may think jet skis are expensive. Well, you’d be surprised at how affordable renting one really is. Rentals usually range anywhere from $30-$60 per hour. And since jet ski rentals allow you to explore different parts of lakes, rivers, oceans, and seas, this makes them perfect for families looking to spend quality time together.

Yacht Rental Business

Renting yachts is similar to renting cars. It requires you to find clients willing to hire you. Yacht rental businesses often advertise online by posting ads on websites such as Craigslist.com. Another way to attract potential renters is to create flyers and post them around town.

Photography Business

Do you enjoy taking pictures? Then starting a photography business might be right for you. You could sell prints directly to consumers or use social media platforms such as Instagram and Facebook to promote yourself. Either way, having a camera will help you capture great photos.

Lake Wedding

If you want to start a wedding planning service, then consider opening a lake wedding venue. Lake weddings involve getting married near water bodies such as lakes, ponds, streams, and beaches. These venues are ideal because couples can easily walk down to the shoreline where they’ll tie the knot. Plus, many people choose to hold their receptions here too.

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