Extreme off-road ATV rides are very popular among holidaymakers and fans of outdoor activities. Such entertainment is quite in demand, but because of the high cost of ATVs, only a few manage to buy such a car for their own use. Most just want to ride with the wind from time to time on a four-wheeled vehicle all-terrain.
Note that the niche for entrepreneurship in this service sector is almost empty, so now you can think about organizing a profitable business for ATV rental.
ATV rental business formats
To begin with, you need to decide on the format of the business:
- Rental minikvadrocycles for children in recreation parks – does not require a large initial investment (you can fit in a little more than 2 thousand dollars), but also does not give a super-profit. That is why we recommend that the purchase of children’s quad bikes as an addition to the core business;
- Rental of equipment for extreme driving – hourly rental of powerful ATVs, as a rule, for driving in the conditions of rugged terrain.
On the second option of renting suggest talking in more detail, with a calculation of the necessary investments and a rough calculation of the possible benefits.
Pros and cons of ATV rental business
Let us immediately note the disadvantages of such entrepreneurship:
- Extreme nature of services, and therefore – possible unforeseen equipment breakdowns or damage from customers (both unintentional and special), so you should always have a reserve fund of finances that can urgently cover the cost of repair / restoration of ATVs;
- High initial capital to start a business – given the purchase of quality vehicles (not used), to start you need to allocate about 20 thousand dollars.
Despite these disadvantages quad-business, its advantages are more than obvious:
- The cost of launching a business idea pays for itself within a month of opening;
- This seasonal business does not depend on weather conditions, by contrast, rain and mud can be profitable entrepreneurs: experienced traders found that in bad weather rental cost can be easily increased by 10-20%, and from customers, especially those who like to knead the mud, will not be all-out.