Yacht Rentals Business

Business Idea: Start A Yacht Rentals Business in 2024

Updated: October 2nd, 2024

Monthly Revenue
$12M
Market Size
$19.7B
Market Size

Owning a yacht for a rental can be a profitable business venture. Chartering yachts presents a unique opportunity that can lead to profitable opportunities.

To start a yacht charter business, find the right market. Consider markets where the weather is good for water activities and a region frequented by tourists. Then, write a comprehensive yacht hire business plan that includes all expenses and revenue opportunities for your business.

You can buy or lease a yacht. Leasing can be a short-term plan, but buying your yacht is the ultimate long-term plan for your business.

Startup Costs

How much does it cost to start a yacht rentals business?

  • It can cost as low as $200 to start a yacht rentals business.
  • It can cost as high as $1,000,000 to start a yacht rentals business.

Learn more about the costs of a yacht rentals business.

Examples Of Successful Yacht Rentals Businesses

Successful yacht rentals business businesses and case studies

A luxury yacht rental business in Dubai generates $12M monthly by offering exclusive experiences with over 50 private yachts, charging between $2,000-$4,000 for 4-hour charters, and upselling additional amenities like supercars and bespoke services to VIP clients.

$12M Monthly Revenue
$1M Startup Costs
Read by 860 founders

See full list of successful yacht rentals businesses.